The 467-m conversion incentive means affordable units are permanently rent-stabilized. But developers are finding a different way to drum up extra revenue.
Houston healthcare providers and real estate developers are getting creative to finance necessary development.
The REIT has 10 properties left to sell as it winds down operations.
Walker & Dunlop's Willy Walker and Peter Linneman discuss his predictions for the economy in 2026, including the Fed, consumer spending and CRE performance.
IRA Capital teamed up with a Canadian pension fund and an Asian sovereign wealth fund on the deal.
KREF is planning to restructure its portfolio by liquidating assets and modifying loans to better position its stock price.
The sweeping 80-page report provides a road map for CRE players looking to align investment and development decisions with the city’s priorities.
The five pension funds will invest $1B a year in affordable housing preservation and development, city Comptroller Mark Levine said Thursday.
The refinancing comes after Rithm, the new owner of Paramount Group’s portfolio, said it was seeking a JV partner on another Sixth Avenue office last month.
Projects getting property tax breaks include Carter's Summerhill, Colony Square and a rehabilitated boutique hotel in Midtown.
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