Bisnow Content Partner:

Kiosk
Sponsored Content

The Week in Real Estate Numbers

Bisnow

$1k/SF --> The record price for 140 New Montgomery in San Francisco.

$2.5B --> JP Morgan Chase's agreed settlement with both Lehman Brothers ($1.42B) and bond insurer Ambac ($995M).

$2B --> The price Citigroup paid to buy back their NYC HQ from SL Green.

$8B --> The price tag on Blackstone's acquisition of BioMed Realty Trust, which closed this week.

2.4M SF --> The size of the Switch's Supernap Digital Exchange Campus in Las Vegas, making it the largest data center in the world.

70% --> Blackstone's fall in profits in Q4'15 in the wake of the market's volatility. 

900 --> The number of rentals being developed by David Barry's Ironstate at URBY Staten Island. The development will also have 35k SF of retail space and an on-site farm.

200 --> The number of franchised locations Circuit City eventually wants to reopen over the next couple of years. 

3.3% --> San Francisco's unemployment rate after a drop in December, placing it a full percentage point below the national rate.

$5.4B --> The price tag on Sam Zell's 23,262-multifamily apartment portfolio, which Zell and Equity Residential sold to Starwood Capital Group. 

$450M --> The amount of Chinese capital Bizzi & Partners Development, Aronov Development and Halpern Real Estate Ventures secured to fund a planned 115-unit condo building at 565 Broome Street.

$50M --> The amount of capital real estate investment startup Cadre raised a in a Series B funding round. Backers included General Catalyst, Jack Ma (Alibaba), Thrive Capital’s Joshua Kushner and his brother, real estate developer Jared Kushner, who are also strategic advisers.

$14.3B --> The amount MetLife's $500B investment portfolio that was put into commercial real estate, the most in 140 years. 

$217 T --> The total global value of real estate in 2015, according to a Savills research. 

500 --> The number of McDonald's restaurants that that will be shut down this year. 

$200 --> The nightly rent for Brooklyn entrepreneur's Patrick Horton's "boutique winter igloo for two."

7.22M SF --> The amount of office space that the City of New York owns, making them the largest office tenant in Manhattan.

$3M --> The amount the international law firm Reed Smith wants to  untangle the estate of deceased billionaire venture capitalist and former Yale economist Pentti Kouri.

16 --> The number San Francisco apartment buildings Veritas Investments and Ivanhoé Cambridge purchased for $200M. 

$400M --> The new price tag for the Museum of Modern Art's expansion after certain aspects of the original design were cut.

Continue reading this story with a free account

Log in or register

More About Our Sponsor

| Kiosk

City National is the Premier Private and Business Bank, providing entrepreneurs and professionals, their businesses and their families with complete financial solutions on The way up ®.

Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Real Estate's Bottom Rung Is Getting Harder To Reach — And Now It Wants AI Skills

Banks Are Manhattan's Latest Hot Retail Tenant

OpenAI Plans Data Center Rebrand To Make Projects Palatable To Voters

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

Brookfield, CPP Complete $5.2B REIT Buyout, Pick Up U.S. Logistics Assets

Metropolis Is Bringing AI To The Parking Experience, And Property Owners Are Taking Notice

Rexford Sells Fullerton Industrial Building For $50.2M: The Los Angeles Deal Sheet

What's At Stake For CRE In Tuesday's U.S. Midterm

The Data Center Election That Matters Isn't In Congress

Orchard Partners Selects JLL To Market 892K SF Manufacturing Campus In Brisbane: The San Francisco Deal Sheet

Credit Union Breaks Ground On New HQ Building: The Houston Deal Sheet

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet