News
Trophy Changes Hands with Sale of NYC’s 650 Madison Avenue
There are structures for which the term “trophy building” is apropos, and Manhattan’s 650 Madison Avenue is one.
Regulatory Updates
Boston is the 8th major city in the United States to require building owners to disclose the energy and water usage of their real estate assets.
Financing With ‘Hard Money’
Yes, rates are still higher than most banks, but the other terms that would let lenders take over the properties have gone away.
Economy Watch: Another Positive Home Price Report
According to CoreLogic, which released its house price index for April, U.S. home prices were up 12.1 percent this April compared with last April.
Slender NYC Condo Tower Designed by Ismael Leyva Architects to be ‘Tribeca Royale’
The condo development previously known as 19 Park Place has been rechristened as Tribeca Royale Condominium. The property will rise 21 stories near the World Trade Center in Lower Manhattan.
TODAY’S DEALS: Griffis Residential Enters Las Vegas Market with $41.1M Buy
ARA brokers Griffis Residential’s first Vegas acquisition; Marcus & Millichap arranges the sale of a 696-unit portfolio in Ohio; and Centerline Capital Group completes a $7 million refinance of a Brooklyn, community.
Trammell Crow Company to Build Illinois TOD
Trammel Crow Company announced that it has acquired four buildings on 2.7 acres in Glenview, Ill., including the current local fire department. The company plans to demolish these buildings and build a mixed-use multifamily community called Midtown Square.
Capture the Growing Cycling Demographic with Public Pumps and Repair Stands
Your well-located asset makes the bike a perfect utility for commuting, running errands or exercising. Two products from Bike Fixation can really put the icing on the cake when it comes to making a community conducive for cyclers
Market Dominating Makeovers
Successful repositioning spends the right amount in the right places.