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AI generatedKen Griffin Donates $3 Billion for Carnegie Mellon Campus in Miami
Billionaire Ken Griffin is donating US$3 billion to Carnegie Mellon University to open a 35-acre campus in Miami's Wynwood district.
AI generatedBurlington Stores Leases 31,717 Square Feet at Admirals Row Campus in Brooklyn Navy Yard
Burlington Stores, formerly known as Burlington Coat Factory, has signed a lease for 31,717 square feet of retail space in the Brooklyn Navy Yard.
AI generatedNorthwest Bank finances industrial acquisition in Boston area with US$35 million
Luzern Associates has acquired a 200,000 square foot industrial park portfolio in Beverly, Massachusetts, primarily occupied by Medtronic.
AI generatedCitizens Bank Leads USD 78 Million Financing for Affordable Housing Renovation in Philadelphia Region
Citizens Bank provides construction financing for the refurbishment of Paulsboro Gardens Apartments in South New Jersey, a project to modernise 150 residenti…
AI generatedNew York Metropolitan Area Home Sales Decline Slightly Year-on-Year Amid Shrinking Overall Inventory
Home sales in the New York Metropolitan Area experienced a smaller decline in August than the national average, while the overall inventory of available prop…
AI generatedMamdani and Hochul secure injunction against introduction of Pied-à-Terre Tax
A court decision in Staten Island could significantly delay the introduction of Mayor Zohran Mamdani's planned pied-à-terre tax.
AI generatedIn the Multifamily Segment: AI is What You Make It – Insights from a Forum
A recent virtual forum hosted by Commercial Observer shed light on how artificial intelligence (AI) is optimising workflows and improving business outcomes i…
AI generatedNew builds cheaper than existing homes in one-third of US markets
Across large parts of the US, newly built houses are being sold at lower prices per square foot than existing properties, a development that is reshaping the…
AI generatedVärde Partners Refinances Phoenix Single-Family Rental Property with $66m
Värde Partners has provided $65.5 million in refinancing for a new single-family rental (SFR) asset in Phoenix, Arizona, located near the TSMC campus.
AI generatedDeveloper Secures £822,000 Exit Finance in Sydenham
A specialist lender has provided £822,000 in exit finance for a residential development project in Sydenham, South East London.
AI generatedBridging finance enables acquisition of a shopping centre
StreamBank provided an experienced property investor with a £1.5 million bridging loan for the purchase of a shopping centre in Peterlee.
AI generatedSpecialist Lender Glenhawk Provides Bridging Loan for Converted Barn in Watford
Specialist lender Glenhawk has provided a regulated bridging loan of GBP 1.9 million for a converted barn in Watford.
AI generatedEnergy technology company Novele concludes $17 million Series A funding round
Novele, a company specialising in applied artificial intelligence in the energy sector, has successfully completed a $17 million Series A funding round.
AI generatedL+M Companies Appoints Eben Ellertson as New CEO
L+M Companies, a leading affordable housing developer, has appointed Eben Ellertson as its new CEO and promoted Carrie Van Syckel to President and Chief Inve…
AI generated50 Hudson in Tribeca: Glass Block Façade Makes its Debut
The newly developed 50 Hudson building in Tribeca, New York City, makes a unique statement with its glass block façade designed by Thierry Despont.
AI generatedDina Levy Takes Leadership at New York City's Housing and Preservation Department
Dina Levy, an experienced advocate for affordable housing, has been appointed as the new Commissioner of the New York City Department of Housing Preservation…
AI generatedBurnham announces housing reforms with focus on landlords
Mayor Andy Burnham unveiled comprehensive housing policies at the Labour Party conference, addressing first-time buyers, leasehold, and vacant properties.
AI generatedReal Estate Software Provider Emphasises Due Diligence Risks
A real estate software provider highlights the need for robust systems and processes, particularly for real estate agencies aiming for growth or considering…
AI generatedTenant Referencing Gains Importance Amid Rising Court Judgements
Landlords in England and Wales are placing increased emphasis on comprehensive tenant referencing procedures, following a significant rise in County Court Ju…
AI generatedBXP Sells D.C. Office Building to Jemal Equities for $92 Million
BXP has sold a 254,000 square foot office building in Washington, D.C.'s Dupont Circle for $92.3 million to Jemal Equities.
AI generatedEuropean Coworking Provider infinitSpace Expands into US with 32,000 Square Feet
European flexible workspace provider infinitSpace enters the US market with its first location in Downtown Los Angeles.
AI generatedEducational organisation leases land for campus at Floyd Bennett Field in Brooklyn
The non-profit organisation Runway Green has signed a 60-year lease for a 7-hectare site at Floyd Bennett Field in Brooklyn to establish a US$60 million educ…
AI generatedInvestor Daryl Hagler acquires controversial residential high-rise development in Ridgewood
Real estate investor Daryl Hagler has completed the acquisition of one of the most controversial developments in Ridgewood, Queens, for USD 75.8 million.
AI generatedGovernment Confirms Mandatory Licensing for Estate Agents
The British government has confirmed plans to introduce independent regulation for estate agents, requiring licensing and appropriate qualifications.
AI generatedUK Mortgage Approvals Hit 32-Month Low in August
The number of mortgage approvals for house purchases in the UK fell to its lowest level in 32 months in August.
AI generatedGovernment Confirms Regulation for Leasehold Property Managers
The British government has confirmed plans to introduce mandatory regulation for leasehold property managers, encompassing a licensing requirement and adhere…
AI generatedUS New Home Sales Recover in August, Affordability Remains a Challenge
Sales of new US homes showed a slight recovery in August, but high financing costs and affordability issues continue to burden the property market.
AI generatedBritish Luxury Fashion Brand JW Anderson Opens First US Store in SoHo
British luxury fashion house JW Anderson is to open its first standalone US store in Manhattan at 138 Wooster Street in SoHo.
AI generatedArrow Linen Supply Sells Stalled Park Slope Development Site for $55 Million
Arrow Linen Supply Company has sold its previously rezoned plot in Park Slope, Brooklyn, to Goose Property Management for $55 million.
AI generatedHouston Investor Acquires Arlo Wynwood Hotel for at least US$44 Million
Houston-based Dauntless Capital Partners has acquired the Arlo Wynwood Hotel in Miami for at least US$44.3 million, according to property records.