Investors have stars in their eyes when it comes to seniors and transit-oriented housing because demand has outpaced supply for both asset types in core markets.
Greystone, a national commercial real estate lender and investment advisory firm, has provided approximately $105 million in HUD-insured financing for the preservation of two New York City affordable housing developments.
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The adoption of 5G in the commercial real estate sector has proved more challenging than expected for developers, landlords and building owners constructing or enhancing the digital infrastructures of their properties.
Related Companies, a national privately-owned real estate firm, has entered a joint venture with Atria Senior Living, Spitzer Enterprises and Welltower Inc. on a partnership to develop an upscale senior living community at 451 10th Ave. i
National accounting firm Marcum, LLP, has secured a 70,728-square-foot office lease at 730 Third Ave., moving from its current office at 750 Third Ave., adding 10,000 square feet as the firm continues to grow its operations.
Midtown East is undergoing a resurgence due to new rezoning legislation. Investment activity has increased in the form of redevelopment, according to a recent report by Ariel Property Advisors.
The Whittle School & Studios has entered a 20-year, 620,000-square-foot lease with Tishman Speyer at The Wheeler in Downtown Brooklyn.
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