High Construction Costs and Saturation Hearken to Recession

High construction costs and market saturation all point to a recession within the next year as developers and other industry players travel back and forth to the drawing board to figure out when a slowdown of economic activity will happen and how to best prepare.

       

source https://feeds.feedblitz.com/~/618341494/0/globest/new-york~High-Construction-Costs-and-Saturation-Hearken-to-Recession/

Urban Edge Properties Acquires Pair of Brooklyn Mixed-Use Buildings

Urban Edge Properties, a real estate investment trust focused on urban retail real estate, has acquired two mixed-use buildings in the Midwood submarket of Brooklyn for $165 million.

       

source https://feeds.feedblitz.com/~/618341498/0/globest/new-york~Urban-Edge-Properties-Acquires-Pair-of-Brooklyn-MixedUse-Buildings/

Avison Young Hires New Portfolio Manager for Real Estate Group

Commercial real estate services firm Avison Young has hired Dennis Sherry as senior portfolio manager of the firm’s real estate management group. He joins the company from Newmark Knight Frank and is tasked to oversee operations and bolster client relationships.

       

source https://feeds.feedblitz.com/~/618298602/0/globest/new-york~Avison-Young-Hires-New-Portfolio-Manager-for-Real-Estate-Group/

Moinian Group Breaks Ground on Hudson Arts Building

New York-based owner and developer The Moinian Group launched its groundbreaking ceremony on Thursday to begin construction on the Hudson Arts Building in the West Chelsea submarket.

       

source https://feeds.feedblitz.com/~/618274726/0/globest/new-york~Moinian-Group-Breaks-Ground-on-Hudson-Arts-Building/

SL Green Braces to Find HNA Group's Replacement at 245 Park Avenue

Office real estate investment trust SL Green is set to lead a search process to find another partner to replace the Chinese conglomerate HNA Group in a potential recapitalization of 245 Park Ave.

       

source https://feeds.feedblitz.com/~/618275256/0/globest/new-york~SL-Green-Braces-to-Find-HNA-Groups-Replacement-at-Park-Avenue/

Goldman Vet Joins Silverstein Properties for Global Expansion

Silverstein Properties, a New York-headquartered real estate development, investment and management company, has welcomed Goldman Sachs real estate executive Dino Fusco to the company as chief operating officer to help grow the firm's global footprint.

       

source https://feeds.feedblitz.com/~/618273338/0/globest/new-york~Goldman-Vet-Joins-Silverstein-Properties-for-Global-Expansion/

A Comprehensive Record of the Lodging Market’s Q4 Transactions

Even though the U.S. hotel industry registered record-breaking performance levels during 2019, RevPAR growth was the lowest since the current cycle began in 2010.

       

source https://feeds.feedblitz.com/~/618261964/0/globest/new-york~A-Comprehensive-Record-of-the-Lodging-Market%e2%80%99s-Q-Transactions/

Finding the Right Investor for a Sale-Leaseback Transaction

Companies looking to take advantage of the current capital environment should consider these factors, writes Gino Sabatini of W. P. Carey in this exclusive column.

       

source https://feeds.feedblitz.com/~/618245218/0/globest/new-york~Finding-the-Right-Investor-for-a-SaleLeaseback-Transaction/