There is a misconception that only the ultra-wealthy can leverage the IRS tax code to reduce their taxes. One of the most powerful and accessible tools available to real estate investors is the 1031 exchange, a provision under §1031 of the Internal Revenue Code (IRC).
New York, NY JLL Capital Markets arranged $231 million in financing for a 43-property industrial outdoor storage (IOS) portfolio totalling 293 acres across 13 states. JLL worked on behalf of JIOS to secure the loan through Blackstone Real Estate Debt Strategies. JIOS is
Long Island City, NY Tishman Speyer said that Soft Swerve has opened at JACX&CO, a collection of culinary concepts on the plaza level of the JACX creative office campus in Queens. Soft Swerve, a New York-based ice cream brand established by best friends and
Manhattan, NY Prospect Ridge appointed Michael Mestel as managing director and co-head of the firm’s credit strategies platform. Mestel will lead the credit business alongside Robb Milne, who has played a pivotal role in scaling Prospect Ridge’s equity and credit capabilities since the platform’s inception.
New York, NY The CoreNet Global New York City Chapter (CoreNet NYC) hosted its annual “Who Wins REmmy’s Awards & Why?” event at the Haworth Showroom at 125 Park Ave. The event brought together leading corporate real estate (CRE) professionals for an interactive roundtable exploring the strategies
It isn’t easy being a contract cleaning professional in today’s world of staffing challenges, competition, consolidation, margin pressure, rising commercial cleaning insurance costs, and more. The last thing these leaders can afford are increases in liability, auto, and workers’ compensation premiums due to claims that
What do you do now and what are you planning for the future?: I lead Medama ITRAK, a facility and compliance tech company transforming how healthcare and commercial sites track performance. Future plans include AI integrations, expansion into real estate compliance tech, and scaling nationally.
If your communications strategy begins and ends with a press release when the project’s done, we’ve got news: you’re leaving a lot on the table. Whether you’re a developer, construction firm, architect, or engineer, every project you touch is
Manhattan, NY GAIA Real Estate closed on $31.5 million in refinancing for a portfolio of four mixed-use residential and retail properties located on the Lower East Side. The fully stabilized portfolio includes 102 Norfolk St., 106 Norfolk St., 177 Ludlow St.,
New York, NY Jake Rosen has joined Katz & Associates as an associate. Rosen represents 15,000 s/f in exclusive listings across NYC Metro and in Roslyn Heights, Long Island. He has worked with: ReloRedac, SW Management, R.A. Cohen Management, Milbrook Properties
