A majority stake in an 11-building portfolio previously owned by the investment giant has sold, after being chased by distress speculation for several months.
Office and apartments had the largest declines in sales volume and pricing.
A $1B quarter in San Diego biotech venture capital fundraising may signal a larger market rebound.
The leadership change came as a surprise for many working at the New York City-based developer-owner, according to reports.
Insurance firms are eyeing space at a 575K SF City tower.
X, the platform formerly known as Twitter, stopped paying rent last October in the Chelsea office tower that was previously its NYC HQ.
Asking rents declined modestly in the third quarter and year-to-date investment sales are tracking closely with pre-pandemic trends.
Ingram's Maurizio Anglani discusses the Big Apple's multifamily market, its challenges and the real estate law firm's contribution to clients in the CRE sector.
Rent growth could hit 3% in 2025, but risks presented by economic conditions in 2024 are "unquantifiable," according to an investor's machine learning model.
High construction, insurance and land costs make market-rate housing unprofitable for many of Miami's multifamily developers.
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