More than a year after Blackstone handed over the keys to 1740 Broadway to its lender, the lender is trying to get out from the loan.
SmartRent is utilizing its smart home automation system to help property owners, staff and tenants better manage their multifamily communities.
The debt fund aims to capitalize on increased lending opportunities within the multifamily sector.
Maryland approved funding in 2020 for an overhaul of Pimlico Race Course, but the project has yet to begin and officials say the plan is no longer feasible.
Thomas O'Hern, whose career at Macerich spanned more than 30 years, will stay on the REIT's board through June.
Multifamily insurance rates are seeing double-digit increases, which operators say is unsustainable. Coastal areas are even more heavily impacted.
Developer Ori Feibush filed suit against City Council President Darrell Clarke, claiming he used his political power to delay a legal project.
The tech giant occupies more than half of the 1.2M SF property.
The rapid transit communities need to bring forth zoning drafts by Dec. 31 to comply with the law, one of the most ambitious housing efforts in state history.
Proptech has largely been renter-focused, but solutions are now targeting operators, such as technology to manage renters' insurance compliance
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