New Fund Launches for Short-Term Real Estate Investments

The first offering was oversubscribed shortly after it was launched, the company reports, with many of the initial investors came from the company’s existing database.

       


source https://feeds.feedblitz.com/~/622609990/0/globest/new-york~New-Fund-Launches-for-ShortTerm-Real-Estate-Investments/

Retail CMBS Battered as Loan Defaults Skyrocket

The retail delinquency rate was 3.89% in early April—higher than any other sector, according to Trepp.

       


source https://feeds.feedblitz.com/~/622582072/0/globest/new-york~Retail-CMBS-Battered-as-Loan-Defaults-Skyrocket/

Construction Sector Will Be One of First NY Industries Restarted by Gov. Cuomo

On Sunday, the governor outlined a phased plan to reopen New York and what he termed would be an effort to re-imagine a new normal for the state starting with the construction and manufacturing sectors that have low risk.

       


source https://feeds.feedblitz.com/~/622533498/0/globest/new-york~Construction-Sector-Will-Be-One-of-First-NY-Industries-Restarted-by-Gov-Cuomo/

Breaking Ground Moving Forward with Major DUMBO Affordable Housing Project

The project at 90 Sand St. recently secured approval from the New York City Council will convert the former residential hotel building into 508 affordable units.

       


source https://feeds.feedblitz.com/~/622528998/0/globest/new-york~Breaking-Ground-Moving-Forward-with-Major-DUMBO-Affordable-Housing-Project/

ABS Partners Inks Six Midtown South Office Leases

The Midtown South submarket will continue to offer tremendous value even despite the coronavirus, says ABS’ Ronald Zimmerman.

       


source https://feeds.feedblitz.com/~/622526906/0/globest/new-york~ABS-Partners-Inks-Six-Midtown-South-Office-Leases/

Caesars, VICI Sell Atlantic City Casino to Twin River

This transaction allows VICI to maintain the existing financial terms of its master lease with Caesars, says COO John Payne.

       


source https://feeds.feedblitz.com/~/622526008/0/globest/new-york~Caesars-VICI-Sell-Atlantic-City-Casino-to-Twin-River/

Connect CRE

Commercial Observer

The Real Deal New York

The Impact of Rent Regulation

#amirKorangy #apartmentbuildings # commercialbuildings #bobknakal #brokerage #CommercialBrokerages #commercialobserver #commercialRealEstate...