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Observations, data and analysis on the premium real estate market in Munich, Bavaria, Germany and worldwide — straight from our concierge practice.
AI generatedCMBS Loan for Hyatt Regency in Jersey City Transferred to Special Servicing
A Commercial Mortgage-Backed Securities (CMBS) loan of $100 million, secured by the Hyatt Regency in Jersey City, has been transferred to special servicing d…
AI generatedMarket Changes and New York's Uniqueness: Mamdani's Food Plan Faces Challenges
New York City Mayor Zohran Mamdani's efforts to get involved in the subsidised food retail sector are encountering significant resistance.
AI generatedKnight Frank opens new office in Derbyshire and strengthens team
Knight Frank has opened a new office in Melbourne, Derbyshire, and appointed Victoria McLaughlin as Sales Director, increasing its presence in the West Midla…
AI generatedRising Interest Rates: Challenges for Landlords with Bridging Loans
Landlords who used bridging loans for property purchases are now facing potential liquidity bottlenecks as mortgage interest rates for buy-to-let properties…
AI generatedBuy-to-let landlords prefer local markets over yield opportunities
Professional landlords in the United Kingdom are increasingly concentrating their investments on their home regions, rather than pursuing higher yields in di…
AI generatedPGIM refinances conversion of New York office building into self-storage facility with $57 million loan
A joint venture secured $57 million in financing from PGIM for the refinancing of an office-to-self-storage conversion in Midtown Manhattan.
AI generatedSecure Trust Bank refinances residential project in Bristol with £5m
Secure Trust Bank Real Estate Finance has closed a £5m refinancing facility for the Lakeshore residential project in South Bristol.
AI generatedRockefeller Group Plans 340 Flats at 200 West 97th Street
The Rockefeller Group has submitted construction plans for a residential building with 340 units on the Upper West Side of New York City.
AI generatedLaw Firm Proskauer Rose Expands to 478,000 sq ft at SJP's 11 Times Square
International law firm Proskauer Rose has significantly expanded its presence at 11 Times Square in New York, increasing its total space to 478,000 square feet.
AI generatedKKR invests USD 608 million for 51 percent stake in Realty Income's European net lease portfolio
KKR acquires a majority stake in a European net lease portfolio from Realty Income, comprising 54 industrial and retail properties.
AI generatedHoliday rental giant Airbnb launches $250 million housing fund
The online platform Airbnb announces a USD 250 million investment to close funding gaps in affordable and mixed-use housing construction.
AI generatedCohen Brothers Reports Nearly 96,000 SF in Leases at Pacific Design Center in West Hollywood
Cohen Brothers Realty Corporation of California has concluded seven new and extended leases totalling almost 96,000 square feet at the Red Building of the Pa…
AI generatedJ.E. Richards Secures Largest Industrial Lease in Northern Virginia
J.E. Richards, a manufacturer of data centre components, has signed an almost 1 million square foot lease in Stafford, Virginia, creating 500 jobs.
AI generatedDwight Investment Group Refinances Phoenix Apartment Skyscraper with $130 Million
A joint venture between Bridge Investment Group and Hatteras Sky has secured $130 million in bridge financing to refinance a newly built mixed-use apartment…
AI generatedHines and Rialto Credit Partners close Debt Fund with US$1.1 billion
Real estate managers Hines and Rialto Capital have announced the final closing of their office property-focused credit fund Hines Rialto Credit Partners, whi…
AI generatedStockdale leads acquisition of Southern California shopping centre for $157 million
Stockdale Capital Partners and Hamilton Lane acquire The Shoppes at Chino Hills for $157 million for repositioning.
AI generatedBally's Secures $560 Million Loan from WhiteHawk for Bronx Casino Development
Bally's has received a $560 million loan package from WhiteHawk Capital Partners to finance its casino development in the Bronx, advancing preparations for t…
AI generatedTimetable for abolition of leasehold system remains unclear, campaign warns
The National Leasehold Campaign expresses concerns about ongoing uncertainty for millions of leasehold property owners despite government commitments to end…
AI generatedLandmark introduces pre-sale checks in anticipation of market structure reforms
Landmark Information Group has introduced new pre-sale checks to help property professionals accelerate transactions, as the UK government prepares reforms.
AI generatedLondon Holds 43% of Property Assets Owned by Overseas Companies in England and Wales
An analysis by Benham and Reeves shows that 43% of properties in England and Wales held by overseas companies are located in London.
AI generatedBETTER MLS Develops AI Operating Layer for Real Estate Associations
A new US real estate technology company plans a digital operating layer that goes beyond traditional MLS services, enhancing collaboration within the industry.
AI generatedPNC Bank provides $92 million construction loan for luxury multi-family project in D.C.
Carr Properties secures a $92 million construction loan from PNC Bank and United Bank for a 299-unit residential project in Washington, D.C.
AI generatedIncreasing Polarisation in the Los Angeles Metropolitan Retail Market
The retail market in Los Angeles is experiencing a significant split: while prime locations and neighbourhood shopping centres benefit from a wave of investm…
AI generatedGarrett Karam of Embrey on Investment Strategies in the Multifamily Segment
Garrett Karam, Chief Investment Officer at Embrey, discusses the current state of the multifamily market, the development of bond yields, and opportunities i…
AI generatedHotel Portfolio in King's Cross Secures £10 Million Refinancing
Three Grade II listed townhouse hotel buildings in Bloomsbury received a five-year term facility commitment of £10 million.
AI generatedRecognise Bank Refinances Hotels with £5.35 Million
Recognise Bank has completed two bridging loans totalling £5.35 million for hotels in West Sussex and Buckinghamshire.
AI generatedLendInvest finances mixed-use project in Buckhurst Hill with over £900,000
LendInvest has provided renovation financing of over £900,000 for the acquisition and conversion of a semi-commercial property in Buckhurst Hill, Essex.
AI generatedOn the Transience and Value of Time in Business Life
Robert Knakal reflects on the finiteness of time and its significance for personal actions and success in the real estate sector.
AI generatedFifth Third Bank expands office space at 50 Rockefeller Plaza to 32,000 sq ft
Fifth Third Bank is expanding its presence in New York's Rockefeller Center with an additional 11,000 square feet of office space, bringing its total to 32,3…
AI generatedBank of England Interest Rate Decision Expected: Mortgage Rates Rise
The Bank of England faces a crucial interest rate decision as mortgage costs in the United Kingdom noticeably increase.