New York Rents Fall 15.3% Since March

While the national rent index is down 1.4%, performance varies dramatically.

       

source https://feeds.feedblitz.com/~/637938318/0/globest/new-york~New-York-Rents-Fall-Since-March/

Real Estate Tech Firm Joins Forces with EisnerAmper

The collaboration with Redirect Inc. will leverage each firm’s deep resources and expertise to provide a holistic platform that incorporates their business advisory and technology capabilities.

       

source https://feeds.feedblitz.com/~/637932570/0/globest/new-york~Real-Estate-Tech-Firm-Joins-Forces-with-EisnerAmper/

PGIM Real Estate Acquires $275M Industrial Portfolio

The portfolio, comprising four newly-delivered New Jersey properties, adds 2.2 million square feet of industrial space to the firm’s core fund.

       

source https://feeds.feedblitz.com/~/637904642/0/globest/new-york~PGIM-Real-Estate-Acquires-M-Industrial-Portfolio/

Seeking CRE’s Best Places to Work

Nominate your company as one of the industry’s top workplaces for GlobeSt. Real Estate Forum’s next series. The submission deadline is December 11!

       

source https://feeds.feedblitz.com/~/637901982/0/globest/new-york~Seeking-CRE%e2%80%99s-Best-Places-to-Work/

New York Life Real Estate Investors Closes Structured Debt Fund

With nearly $500 million in committed capital, the closed-end Madison Square Structured Debt Fund will originate bridge loans collateralized by institutional-quality assets.

       

source https://feeds.feedblitz.com/~/637882014/0/globest/new-york~New-York-Life-Real-Estate-Investors-Closes-Structured-Debt-Fund/

Open Nominations for the Best Bosses in CRE

GlobeSt. Real Estate Forum is seeking the industry’s most talented and respected leaders. Submit your nominations by December 4!

       

source https://feeds.feedblitz.com/~/637825498/0/globest/new-york~Open-Nominations-for-the-Best-Bosses-in-CRE/

MAG Partners Secures $173M Construction Loan for Affordable Chelsea Development

Madison Realty Capital provided the financing and construction will begin next month on the 479-unit building.

       

source https://feeds.feedblitz.com/~/637817128/0/globest/new-york~MAG-Partners-Secures-M-Construction-Loan-for-Affordable-Chelsea-Development/

Madison International, Plymouth Industrial REIT Form $150M Equity JV

The first venture investment under contract is in metropolitan Memphis for $86 million.

       

source https://feeds.feedblitz.com/~/637746850/0/globest/new-york~Madison-International-Plymouth-Industrial-REIT-Form-M-Equity-JV/