News: Brokerage

ERG Property Advisors closes 6 triple net Kindercare properties located throughout Indiana for $6.575 million

Indiana ERG Property Advisors arranged the sale of a portfolio of six triple net leased KinderCare properties located throughout Indiana. The properties are absolute triple-net (NNN) with zero landlord responsibility. Each location has a brand new 10-year lease with one five year option. KinderCare Learning Centers is owned and operated by the Portland, Oregon based Knowledge Learning Corporation (KLC); the nation's leading private provider of early childhood education and care. KinderCare provides educational programs for children from six weeks to 12 years old. Over 200,000 children are enrolled in more than 1,900 early childhood education community centers, 656 before-and-after school programs, and 123 employer-sponsored centers in 39 states and the District of Columbia. The properties sold for $6.575 million. Andrew Greenberg and Evan Street Exclusively handled the sale.
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Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent