The monastery was built in 1936 and has been the home of the Poor Clare Nuns ever since. But in the last couple of decades, dealing with the building's maintenance, including the removal of asbestos, has led the sisters to finally sell the property and ...
SVB had about $2.6B of CRE loans on its books, according to regulatory filings. Signature Bank was even more active — it was the third-biggest lender to New York City commercial real estate and had nearly $36B of commercial property loans on its books at ...
“There were already two things going against the real estate community — higher interest rates and lower valuations,” said Anchin Block & Anchin partner Robert Gilman, co-leader of the accounting firm's real estate group. “Now there's this, which is going ...
A trio of related D.C. real estate firms will be required to pay $10M in what Attorney General Karl Racine said is the largest penalty in a housing discrimination case in U.S. history. Racine's office announced the $10M settlement Thursday with three ...
Multifamily construction starts spiked in August by 28% compared with July, to an annualized rate of 640,000 units, as part of a larger growth in residential starts, according to Census Bureau data. The multifamily start rate is the highest since April ...
Interest by private equity firms in public infrastructure is expected to grow as investors look for safe havens from price volatility. Assets such as utilities, toll roads and ports are highly valuable during inflationary periods because cost increases ...
In recent years, as the severity of California’s droughts has worsened, property owners have implemented new technology and initiatives to reduce their water usage, sometimes at the behest of state or local governments. But now, the low-hanging fruit has ...
“The commodity space that is leased quickly for us is the space that is broken up into spec suites,” Tim Steffan, Comstock’s executive vice president of asset management, leasing and development, said at Bisnow’s Future of Reston and Herndon event on ...
... ’s focus to recruiting small businesses, especially in Celina’s historic downtown area. “We have concentrated completely on the small businesses ...
New York Amazon warehouse workers are set to vote at union elections in coming weeks, a move that, if successful, would make them the first U.S. employees of the e-commerce giant to unionize. The first vote planned for warehouse JFK8, which employs 7,500 ...
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