News

New Marketing Company Takes Industry LIC Condos to Market

After being on the market for roughly a year, Industry LIC, a 75-unit condo building in the Long Island City neighborhood of Queens, has a new marketing company, Modern Spaces.

Stephen Nostrand Named CEO of Colliers International South Florida

Colliers International South Florida announced that commercial real estate veteran Stephen Nostrand has been named chief executive officer of Colliers International South Florida.

Pennrose Management Company Appoints Regional Vice President

Pennrose Management Company has recently appointed Kim Tannery as regional vice president.

Green Courte Partners Acquires Manufactured Housing Community in New York

Green Courte Partners LLC announced the acquisition of the Parkside Village manufactured housing community, located in the Buffalo, New York suburb of Cheektowaga.

Gilbane Earns High Marks for New VCU Off-Campus Housing

“Successful student housing is different from typical multifamily housing,” according to Gilbane Development. Find out why.

Economy Watch: Investors Have the Jitters

Investors weren’t encouraged by events late last week, especially the latest from the cauldron of rumors in Europe. By the end of the day on Friday, the Dow Jones Industrial Average had lost 303.68 points, or 2.69 percent.

TODAY’S DEALS: Cushman & Wakefield Sells Luxury Manhattan Community

Cushman & Wakefield brokers the sale of a 352-unit luxury community in Manhattan; Essex Realty Group sells a 101-unit community in Chicago for $6.7 million; and NorthMarq Capital arranges a $12 million Freddie Mac permanent loan.

Auction.com Announces $2 Billion Online Property Auction

Real estate auctioneer and loan sales advisor Auction.com recently announced its upcoming online auction of over 325 non-performing notes and commercial REO properties located throughout the Southeastern United States.

Lower Manhattan’s Thriving Post-9/11 Multi-Housing Industry

Ten years after the World Trade Center attacks, Lower Manhattan’s multifamily industry is thriving.

A Different World for CRE, 10 Years Later

The world became a different place on Sept. 11, 2001. The broad political and economic changes wrought by the attacks have been well documented, even as they continue to reverberate 10 years later.