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Kendall Capital bought 33-41 West St. for $4.1M, roughly $12M less than what the seller paid for it in 2016.
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Maturing office loans and demand for residential space help explain why a record-high number of office-to-apartment projects are underway this year.
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Medical Properties Trust's largest tenant might close more hospitals to deal with its financial losses, which totaled $800M from 2017 to 2020.
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MG Properties entered the Denver market in 2021 after purchasing the 238-unit Neon Local apartments in Denver’s South Broadway neighborhood for $108M.
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Mark and BCP are testing the Dublin investment market with their mixed-use Grafton Place scheme, which is being offered at €300M.
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According to Brivo Senior Director of Sales Lee Miller, if a multifamily operator gets two pieces of technology right from the start, the rest will follow.
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A motel-turned-multifamily property is facing foreclosure after its owner defaulted on $36M worth of loans, according to public records.
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New Jersey investor Yakov Stein has a portfolio of more than 1,000 units, but several of those investments appear to be going sour.
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The mayor awarded 14 developers funding for nine affordable housing projects that will create 826 units of mixed-income housing across the city.
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Argo Group signed a new long-term lease at 24 E. Washington St. for about 21K SF on the ninth floor of the building.
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