Numbers from SL Green’s 2023 Q1 report offer little hope for office investors, with occupancy and rents down as debt levels rise.
The company is one of many in the multifamily sector dealing with rising costs on floating-rate loans.
The hotel once hosted celebrities including The Beatles, The Who and Richard Nixon.
Soho Properties said it is close to securing a $170M loan that would provide a financial lifeline.
Michael Bjes talks about sustainable real estate development and how mass timber can play a big part in achieving sustainable development goals.
The Franciscan Monastery of St. Clare, an 87-year-old monastery in Jamaica Plain, will be redeveloped into 20 rental apartments and mixed-use space.
A total of 1.5M SF in office leases were signed in Manhattan in April, a 44% year-over-year decline.
Investment in new manufacturing facilities is at a record high, but projects are facing labor shortages and permitting delays.
Miami is among the country's top-performing hospitality markets, leading investors to buy hotels everywhere from the beach to airports.
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.
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