Cushman & Wakefield has hired Michael Movshovich, formerly of CBRE, as executive managing director to lead its new Alternative Investment Advisory Group in New York, a division managing leasing and operations for clients that include hedge funds and private equity firms.
NETL, a net lease REIT ETF, is just getting started as they raise awareness about their strategy and the net lease sector, which is slated for significant growth as more and more real estate properties come online, and interest from investors seeking to deploy capital heightens.
Locally-based John Buck is reportedly in contract to sell the former CNA Center to a partnership of SHVO, Deutsche Finance and BLG Capital.
ViacomCBS could make a move to sell its CBS Broadcast Center at 524 W57th St. on Manhattan’s west side and potentially has plans to downsize its workforce into Viacom-occupied properties, sources tell GlobeSt.com.
Davis has hired healthcare real estate executive Stewart Davis as executive vice president of investments to manage its national acquisitions.
The real estate private equity firm acquired a 46.5 percent equity stake in a European logistics investment platform from Redefine Properties Limited, a real estate investment trust based in South Africa.
A new research and analytics firm is coming online in the New York City market. Hotel industry veteran Ryan Meliker is spearheading the launch of Lodging Analytics Research & Consulting as president and co-founder.
Tech has unseated finance as the top leasing industry in New York City for the first time, underscoring its growing influence on local market fundamentals.
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