As the US economy is arguably in a recession and the Federal Reserve’s policy in the near term is to continue forward with Quantitative Easing or QT, the strength of the US dollar should help maintain a relatively strong commercial
In January we talked about rising interest rates and considering capital preservation and predictable cash flow to potentially mitigate risk. Since then, the Fed has made it a wild ride for real estate investors.
Every now and then one gets a day that holds a delightful surprise and mine was the day I met Vince Rocco who taught at the New York Real Estate Institute near Macys Flagship store on 36th St.
New York, NY According to The Community Preservation Corp. (CPC), a leading nonprofit multifamily finance company, Monique Jefferson has been hired as its new senior vice president, chief people officer.
Investors often must juggle multiple investment options, like where to invest and with whom. When it comes to evaluating a Delaware Statutory Trust or DST investment, real estate investors should look for a firm that
Jericho, NY Keystone 1031 has fully subscribed its $35.65 million Keystone 1031 Net Leased Portfolio II DST offering, which is designed to generate investor distributions from 63,000 s/f of net-leased property.
New York, NY Skylight Real Estate Partners, a privately-held real estate investment firm, announces several strategic hires, taking the total number of its staff to over 30. The appointments include
Plainview, NY According to EW Howell Construction Group, Joseph Chiarelli has joined the firm as a vice president. Chiarelli has over 30 years’ experience navigating the
Brooklyn, NY Investment Property Realty Group completed the following transactions: The closing of 132 & 134 W 23rd St. in Chelsea with a lease value of $10.45 million. This property is located between 6th and 7th Sts. and totals buildable 33,328 s/f. These
Manhattan, NY GFP Real Estate, LLC completed four new lease transactions totaling 12,450 s/f at 505 Eighth Ave. in Midtown. In the first transaction, Greystone & Co. renewed its lease of
Brooklyn, NY Real estate investment firm Neue Urban, led by Zach Ehrlich, closed on the acquisition of 1467 Bedford Ave. in the Crown Heights neighborhood, for $5.4 million. The asset is near the
Manhattan, NY According to Newmark Retail, Valley Bank has committed to a new 10-year lease at its current location at the base of 1040 Sixth Ave. at the