Victor Calanog tells Bisnow the near term still looks bright for multifamily—but“there are clouds on the horizon” with vacancy rates rising for two quarters.
Bethesda-based Marriott International is aiming to make a decision about its new HQ by the end of 2016
Leonardo DiCaprio partnered with Jeff Gram, owner of Cayo Espanto Island Resort in Belize, to purchase Blackadore Caye in 2015 for $1.75M.
Marriott International has selected JLL to help with its ongoing search for a new HQ
The deal would mean a new anchor tenant for the nearly-vacant Time Life Building if it closes.
Besides the 4500 layoffs, Macy’s store closings could mean over $260M in losses across $530M worth of CMBSs—ones backed by Macy’s soon-to-be closed locations.
OneREIT has signed a 10-year lease deal with Michaels at Orangeville Mall, where the arts and crafts retailer will occupy a 19k SF space in the former Zellers.
Multifamily construction is outstripping demand in some CBDs, downtowns and secondary business districts, with vacancies shooting up.
Sir David Chipperfield is developing a new design for a Southwest Wing at the Metropolitan Museum of Art
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