Newmark Knight Frank Welcomes New Head of Brokerage

Newmark Knight Frank has tapped real estate veteran Sam Buckley for the appointment of Executive Vice President of New York Brokerage Services.

       

source https://feeds.feedblitz.com/~/619998936/0/globest/new-york~Newmark-Knight-Frank-Welcomes-New-Head-of-Brokerage/

In CRE Regulatory Environment, Laws Checklist Becomes Essential

In the midst of the commercial real estate industry where rent and broker fee regulations aim to prevail, making sure real estate brokers are maintaining transparency and following changing real estate legislation guidelines is key, and if not taken seriously can cost brokerage firms thousands of dollars in litigation costs.

       

source https://feeds.feedblitz.com/~/619998504/0/globest/new-york~In-CRE-Regulatory-Environment-Laws-Checklist-Becomes-Essential/

Gov. Murphy Orders Closure of Indoor Portions of Malls, Casinos

“Today is day one of life in New Jersey under the measures we’ve put in place to ensure social distancing, help ‘flatten the curve,’ and slow the spread of coronavirus,” says Gov. Murphy.

       

source https://feeds.feedblitz.com/~/619998232/0/globest/new-york~Gov-Murphy-Orders-Closure-of-Indoor-Portions-of-Malls-Casinos/

400-Unit NJ Multifamily Portfolio Trades for $65M

In total, the Golden Peak Portfolio is comprised of 13 buildings located at seven properties in West New York, five properties in Union City and one in North Bergen.

       

source https://feeds.feedblitz.com/~/619997620/0/globest/new-york~Unit-NJ-Multifamily-Portfolio-Trades-for-M/

Proptech Firm Blocks Out Coronavirus Noise, Scanning Proprietary Data

Proptech firm Okapi has been busy at work generating analysis using property data to identify risks to landlords to determine how vulnerable companies are to the coronavirus or like ailments to minimize them.

       

source https://feeds.feedblitz.com/~/619997624/0/globest/new-york~Proptech-Firm-Blocks-Out-Coronavirus-Noise-Scanning-Proprietary-Data/

Arden Group Acquires, Refinances Industrial Portfolio in $163M Deal

Arden Group is acquiring a portfolio of assets from Avistone of Laguna Niguel, CA. The portfolio is spread across San Antonio and Dallas, TX; Atlanta, GA and Columbus, OH.

       

source https://feeds.feedblitz.com/~/619996844/0/globest/new-york~Arden-Group-Acquires-Refinances-Industrial-Portfolio-in-M-Deal/

New York State Pauses Evictions Amid Coronavirus Outbreak

New York State officials have pressed pause on all eviction proceedings indefinitely amid the Coronavirus outbreak, also known as COVID-19.

       

source https://feeds.feedblitz.com/~/619953936/0/globest/new-york~New-York-State-Pauses-Evictions-Amid-Coronavirus-Outbreak/

Post-Bankruptcy Modell's Taps A&G Real Estate to Auction Leases

Modell’s Sporting Goods has 137 leases up for grabs as the retailer has just recently filed for Chapter 11 bankruptcy and liquidation and has tapped A&G Real Estate Partners to begin marketing them.

       

source https://feeds.feedblitz.com/~/619952920/0/globest/new-york~PostBankruptcy-Modells-Taps-AG-Real-Estate-to-Auction-Leases/