KPG Plans to Acquire Over $1B of NYC Office, Retail Real Estate

KPG, which specializes in value-add acquisitions and development, believes the New York market will recover.

      

source https://feeds.feedblitz.com/~/652266860/0/globest/new-york~KPG-Plans-to-Acquire-Over-B-of-NYC-Office-Retail-Real-Estate/

Calling All Industrial Real Estate Experts

Nominations are soon closing for GlobeSt. Real Estate Forum’s Influencers in Industrial recognition. Submit an accomplished professional and/or company before the submission fast-approaching deadline on May 21!

      

source https://feeds.feedblitz.com/~/652161592/0/globest/new-york~Calling-All-Industrial-Real-Estate-Experts/

Seeking Top Multifamily Professionals

GlobeSt. Real Estate Forum is accepting nominations for Influencers in Multifamily Real Estate. The chosen professionals and companies will be recognized at the GlobeSt. APARTMENTS conference this Fall.

      

source https://feeds.feedblitz.com/~/652162144/0/globest/new-york~Seeking-Top-Multifamily-Professionals/

Proposed NY Tax on Mezzanine Debt, Preferred Equity Gets Defeated—for Now

“Standalone bills on this issue could still be passed and enacted before the New York Legislature is scheduled to adjourn in mid-June.”

      

source https://feeds.feedblitz.com/~/652145930/0/globest/new-york~Proposed-NY-Tax-on-Mezzanine-Debt-Preferred-Equity-Gets-Defeated%e2%80%94for-Now/

Blackstone Makes $1B Apartment Purchase in San Diego

The investor has announced plans to by a 66-property portfolio in a deal that will make them among the largest landlords in San Diego.

      

source https://feeds.feedblitz.com/~/652072752/0/globest/new-york~Blackstone-Makes-B-Apartment-Purchase-in-San-Diego/

Calling All Industrial Real Estate Experts

Nominations are soon closing for GlobeSt. Real Estate Forum’s Influencers in Industrial recognition. Submit an accomplished professional and/or company before the submission fast-approaching deadline on May 21!

      

source https://feeds.feedblitz.com/~/652051748/0/globest/new-york~Calling-All-Industrial-Real-Estate-Experts/

Macy’s to Build Office Tower, Invest $235M Around Herald Square Flagship Store

Plans include turning Herald Square & Broadway Plaza into a car-free urban space with connections to public transportation and improvements to the Herald Square Subway Station.

      

source https://feeds.feedblitz.com/~/651907378/0/globest/new-york~Macy%e2%80%99s-to-Build-Office-Tower-Invest-M-Around-Herald-Square-Flagship-Store/

Ghost Kitchens Provide a Lifeline for Restaurants

Once considered the most resilient retail segment, restaurants have been devastated by the pandemic, but ghost kitchens are creating new opportunities.

      

source https://feeds.feedblitz.com/~/651893932/0/globest/new-york~Ghost-Kitchens-Provide-a-Lifeline-for-Restaurants/

Elion Partners Acquires Last-Mile Assets for $216M

The recent acquisitions expand the firm’s last-mile portfolio by 864,000 square feet across coastal logistics markets.

      

source https://feeds.feedblitz.com/~/651090140/0/globest/new-york~Elion-Partners-Acquires-LastMile-Assets-for-M/