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Industrial and multifamily assets remain a favorite among commercial real estate investors this year.
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U.S. investor USAA Real Estate and U.K. based Mountpark form a JV to speculatively build 758K SF warehousing at Omega, Warrington U.K.
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The complex will offer studio and one- and two-bedroom apartments, a lounge, media and gaming room, fitness center, rooftop deck and underground parking.
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Commercial real estate executives around the world do not yet see the potential for tech, such as AI, to disrupt the industry.
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A plan by Mayor Bill de Blasio to rezone a long stretch of Jerome Avenue in the Central Bronx to allow more development moved forward amid community concerns.
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The Information Technology Industry Council has signed on for 21K SF at Meridian's 700 K St. NW redevelopment.
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Miami-based Driftwood Acquisitions & Development, along with two JV partners, has acquired the 407-room Westin Tysons Corner hotel.
A second lender is seeking foreclosure on Wade Park.
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CRG executive said Amazon will 'string this out' to get the most incentives possible.
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Finance Ireland to launch €200m mortgage bond
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