Coworking investments are expected to maintain momentum over the next five years as corporate real estate executives continue to view flexible workspace as an essential offering.
The investors are eyeing triple net investment properties, developers priced out of other markets and 1031 and retail buyers,
WeWork Parent WeCompany, received $1.5 billion from its major investor and shareholder Softbank Group in an accelerated payment.
Long Island City landlords team-up to create a community-centered framework for a 28-acre site.
The firm sees strong demand and steady returns for affordable and workforce housing overtime.
Combined, the two properties at 125 West End Ave and 320 West 66th Street total an estimated 500,000 square feet of commercial space.
Brookfield Properties opens the doors at its 67-story office tower One Manhattan West, located on Manhattan’s West Side.
JLL, which arranged the financing deals for the borrower, reports that Novel Property Ventures secured a $96.36-million senior loan through an international bank and a $21.5-million mezzanine loan through J.P. Morgan Asset Management.
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