SL Green Sells Stake in Former Daily News HQ for $790M

The REIT still retains a 51% stake in the property and will continue to oversee its management.

      

source https://feeds.feedblitz.com/~/659115294/0/globest/new-york~SL-Green-Sells-Stake-in-Former-Daily-News-HQ-for-M/

Taconic, Nuveen Fund Targets New York City With $1B in Buying Power

New York City Property Fund II is a value-add fund targeting a portfolio in excess of $1 billion.

      

source https://feeds.feedblitz.com/~/659066262/0/globest/new-york~Taconic-Nuveen-Fund-Targets-New-York-City-With-B-in-Buying-Power/

Nominate Now for Influencers in Senior Housing

Do you know a professional and/or company that has helped shape the senior housing sector? Submit a candidate for GlobeSt. Real Estate Forum’s next Influencer series before the deadline on August 11.

      

source https://feeds.feedblitz.com/~/658995342/0/globest/new-york~Nominate-Now-for-Influencers-in-Senior-Housing/

MCR Buys New York’s The Lexington Hotel for $185M

MCR acquired the 725-room hotel property in a joint venture with the Island Capital Group and Three Wall Capital.

      

source https://feeds.feedblitz.com/~/658933060/0/globest/new-york~MCR-Buys-New-York%e2%80%99s-The-Lexington-Hotel-for-M/

Vornado Realty Buys Out Partner at One Park Ave.

The transaction values the 943,000 square foot Manhattan office at $875 million.

      

source https://feeds.feedblitz.com/~/658870542/0/globest/new-york~Vornado-Realty-Buys-Out-Partner-at-One-Park-Ave/

Wharton Industrial Acquires Two NJ Portfolios

The Wharton Equity Partners platform has added six industrial properties, totaling 280,000 square feet, to its southern New Jersey holdings.

      

source https://feeds.feedblitz.com/~/658832542/0/globest/new-york~Wharton-Industrial-Acquires-Two-NJ-Portfolios/

Nominations Closing for Multifamily Influencers

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/~/658172640/0/globest/new-york~Nominations-Closing-for-Multifamily-Influencers/

Manhattan Investment Sales Volume Up 59%

In the first quarter, the city saw 51 investment sales transactions totaling $1.9 billion.

      

source https://feeds.feedblitz.com/~/658142018/0/globest/new-york~Manhattan-Investment-Sales-Volume-Up/

Nominations Closing for Multifamily Influencers

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/~/657949004/0/globest/new-york~Nominations-Closing-for-Multifamily-Influencers/