EOS Investors Closes One of 2020’s Largest Hotel Deals

The firm buys the Viceroy L’Ermitage Beverly Hills Hotel for $100 million, a 116-suite luxury hotel that recently completed a $37 million renovation.

       

source https://feeds.feedblitz.com/~/638316406/0/globest/new-york~EOS-Investors-Closes-One-of-%e2%80%99s-Largest-Hotel-Deals/

Marcus Partners Sells NJ Office Asset for $50M

JLL capital markets represented the seller and procured Liberty Properties as the buyer of the 232,000-square-foot, Morristown office building.

       

source https://feeds.feedblitz.com/~/638288276/0/globest/new-york~Marcus-Partners-Sells-NJ-Office-Asset-for-M/

SL Green Strikes Deal to Sell Manhattan Office for $952.5M

It is one of the largest commercial building sales in the US since the Spring.

       

source https://feeds.feedblitz.com/~/638279134/0/globest/new-york~SL-Green-Strikes-Deal-to-Sell-Manhattan-Office-for-M/

Healthcare’s Shifting Operational Standards

Medical real estate developer, Simone Health examines how healthcare’s evolving ideals affect hospital construction.

       

source https://feeds.feedblitz.com/~/638277392/0/globest/new-york~Healthcare%e2%80%99s-Shifting-Operational-Standards/

Where Out of Town Homebuyers are Moving

As companies have allowed their employees to work from home during the pandemic, many workers are deciding to leave high-cost metros for less expensive cities.

       

source https://feeds.feedblitz.com/~/638261160/0/globest/new-york~Where-Out-of-Town-Homebuyers-are-Moving/

Blackstone Completes Another Data Center Deal with COPT

Blackstone Real Estate and COPT will acquire interests in eight single-tenant, data center shell properties totaling 1.3 million square feet and valued at $293 million.

       

source https://feeds.feedblitz.com/~/638261164/0/globest/new-york~Blackstone-Completes-Another-Data-Center-Deal-with-COPT/

Communication is Key for Office Tenants

One New York company says high- and low-tech communication can help tenants feel better about coming back.

       

source https://feeds.feedblitz.com/~/638261168/0/globest/new-york~Communication-is-Key-for-Office-Tenants/

W.P. Carey Acquires European Supermarket Portfolio for $102M

With the off-market, sale-leaseback investment, the company’s year-to-date investment volume now totals $700 million.

       

source https://feeds.feedblitz.com/~/638235738/0/globest/new-york~WP-Carey-Acquires-European-Supermarket-Portfolio-for-M/