CarePoint Health Signs Deal to Sell Bayonne Medical Center

BMC Hospital LLC is comprised of Wayne Hatami, Anthony Degradi, and Feliks Kogan who are part owners of multiple ambulatory surgery centers in New York and New Jersey.

       

source https://feeds.feedblitz.com/~/620354776/0/globest/new-york~CarePoint-Health-Signs-Deal-to-Sell-Bayonne-Medical-Center/

Borrowers Adjust Footing In Volatile Capital Markets, Coronavirus Pandemic

Borrowers are reassessing their current deals in the pipeline amid the coronavirus pandemic, bearing down on the underwriting of assets and consulting with lenders on existing loans and new loans to close deals as quickly as possible.

       

source https://feeds.feedblitz.com/~/620352890/0/globest/new-york~Borrowers-Adjust-Footing-In-Volatile-Capital-Markets-Coronavirus-Pandemic/

Co-living Operator Outpost Allocates Housing for Medical Staff On Coronavirus-Frontlines

Outpost Club, a New York-based real estate company operating 25 co-living communities across New York, New Jersey and California, will create dedicated housing for traveling doctors and nurses on the frontlines treating coronavirus, or COVID-19, patients.

       

source https://feeds.feedblitz.com/~/620351634/0/globest/new-york~Coliving-Operator-Outpost-Allocates-Housing-for-Medical-Staff-On-CoronavirusFrontlines/

DHL Realty Sells Long Island Retail Center

DHL Realty has sold its 10,044-square-foot retail center in Oceanside on Long Island, situated along the South Nassau corridor, at 2882-2904 Long Beach Road for $3.95 million, or $393 per square foot. Cushman & Wakefield arranged the sale.

       

source https://feeds.feedblitz.com/~/620351178/0/globest/new-york~DHL-Realty-Sells-Long-Island-Retail-Center/

Tower Holdings Streamlines All Communication Channels, Mitigates Coronavirus Impact

Tower Holdings Group, a development and construction firm headquartered in New York City, has streamlined all of its communication channels as the real estate and construction sectors continue to experience impacts from the COVID-19 pandemic.

       

source https://feeds.feedblitz.com/~/620351180/0/globest/new-york~Tower-Holdings-Streamlines-All-Communication-Channels-Mitigates-Coronavirus-Impact/

Starwood RE Income Trust Pays Reported $614M for Boston Office Tower

Multiple published reports state the sale price for the property was $614 million, making the deal the largest sale price recorded for an office asset year-to-date in Boston’s Central Business District.

       

source https://feeds.feedblitz.com/~/620311324/0/globest/new-york~Starwood-RE-Income-Trust-Pays-Reported-M-for-Boston-Office-Tower/

New York, Boston Self-Storage Portfolio Trades

Banner Real Estate Group, an affiliate of Public Storage, has purchased a portfolio of three Class-A self-storage properties with a total of 3,596 units in the greater New York City and Boston areas. Jones Lang LaSalle arranged the transaction.

       

source https://feeds.feedblitz.com/~/620302802/0/globest/new-york~New-York-Boston-SelfStorage-Portfolio-Trades/

Coronavirus-Crisis Muddles Real Estate Values for Unforeseeable Future

lthough the Federal government along with the Federal Reserve are trying to inject liquidity into the marketplace due to the coronavirus shutdown, it may not be enough to make commercial real estate reappear as a Candyland for capital allocators due to a dip in property values, Aaron Appel, senior managing director at Walker Dunlop in New York, tells GlobeSt.com.

       

source https://feeds.feedblitz.com/~/620302800/0/globest/new-york~CoronavirusCrisis-Muddles-Real-Estate-Values-for-Unforeseeable-Future/