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The Week in Real Estate Numbers

The Week in Real Estate Numbers

15% -- The increase in possible micro-units if the zoning changing Mayor de Blasio’s is pushing goes through. The changes would also get rid of the requirement that all residential units be 400 SF or bigger.

$12B – The potential price for Starwood Hotels & Resorts, which owns 1,200 properties around the globe and is the object of a bidding war between three Chinese firms and Hyatt

$88M – The price for Madison Park Financial’s three residential projects at former industrial sites in Oakland. 

$200M – The price of John Quadrozzi Jr.’s plan to transform the 990-foot-long S.S. United States boat into an office and entertainment complex.

$2.5B – The amount of financing that Wells Fargo is putting up for Blackstone and Ivanhoe Cambridge’s purchase of Stuyvesant Town. 

$5.4B – The price Starwood is putting up for 23,000 apartment units from Sam Zell’s Equity Residential. 

$35B – The amount in deals that Blackstone’s co-heads of US property acquisitions—Nadeem Meghji and Tyler Henritze—have racked up since taking their positions in January

$9.4B – The annual sales volume of Fred Sands’ Realtors’ 72-office portfolio. Sand—who has worked with US presidents, Hollywood celebrities and corporate leaders—passed this week at age 77. 

97 – The number of remaining stores that Fresh & Easy Neighborhood markets is set to close or sell in the upcoming months. 

$195.1B – The total value of new mortgages for five-plus-unit multifamily apartment buildings in 2014. According to the Mortgage Bankers Association, the multifamily market has continued to expand is on pace to break this record.

$67.1B – The combined revenue of Walgreens’ and Rite-Aid, who are set to merge this year following Walgreen’s upcoming acquisition of the US’s third-largest drugstore.

$40B – The amount of construction spending this year in New York following a boom in residential development. 

44% -- The Qatar Investment Authority’s stake in Brookfield’s $8.6B Manhattan West mixed-use development.

$1.7B – The amount raised for Morgan Stanley’s first higher-risk real estate fund since 2007. 

75 – The number of top 100 malls that have an Apple Store, according to a Goldman Sachs report.

23.6% -- Fort Myers, FL’s Q3 YOY increase in rents, making it the city with the fastest raising rents in all the US. 

$53.2B – Jeff Bezos’ net value as of last Friday, placing him above the Koch brothers as America’s third richest man. 

$10M – The amount NY Dynasty Peter Kalikow donated to Hofstra University to fund a school of public policy. 

$1.5B – The size of Bank of China and Deutche Bank’s construction loan to the Related Companies’ Hudson Yards development.