— Journal · Page 30
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News &
market analysis.

Observations, data and analysis on the premium real estate market in Munich, Bavaria, Germany and worldwide — straight from our concierge practice.

Prospect Ridge closes second real estate debt fund with $800 million – AI-generated illustrative image
AI generated
Investment
·2 min read

Prospect Ridge closes second real estate debt fund with $800 million

Prospect Ridge has successfully closed its second commercial real estate debt fund with $800 million in capital commitments and plans to issue loans totallin…

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US mortgage default rates remain near historic lows – AI-generated illustrative image
AI generated
Market analysis
·1 min read

US mortgage default rates remain near historic lows

The performance of the US mortgage market remained largely stable in June 2026, with the national default rate continuing to hover near historically low levels.

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Seasonality of Manhattan's Residential Real Estate Market: Peaks and Troughs in the Borough – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Seasonality of Manhattan's Residential Real Estate Market: Peaks and Troughs in the Borough

School holidays, public holidays and weather conditions significantly influence the activity of Manhattan's real estate market, as do buyers' expectations.

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AI Transforms Retail Leasing into an Underwriting Business – AI-generated illustrative image
AI generated
Market analysis
·4 min read

AI Transforms Retail Leasing into an Underwriting Business

Store-level sales data, footfall, and credit information are changing the assessment of retail tenants, leasing risks, and property values.

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Seafood Restaurant Crab House Leases 6,500 sq ft at 11 East 13th Street – AI-generated illustrative image
AI generated
Letting
·2 min read

Seafood Restaurant Crab House Leases 6,500 sq ft at 11 East 13th Street

The American restaurant chain Crab House secures its fourth New York location in Manhattan, Greenwich Village, for an all-you-can-eat concept.

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Rockpoint Acquires Oceanfront Hotel in Fort Lauderdale for $47.1 Million – AI-generated illustrative image
AI generated
Transaction
·2 min read

Rockpoint Acquires Oceanfront Hotel in Fort Lauderdale for $47.1 Million

Rockpoint and Newbond Holdings have acquired Hotel Maren Fort Lauderdale Beach, a 141-room oceanfront resort, for $47.1 million in Fort Lauderdale, Florida.

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Sagehall acquires 428 Broadway from Chetrit Organization for $47m – AI-generated illustrative image
AI generated
Transaction
·2 min read

Sagehall acquires 428 Broadway from Chetrit Organization for $47m

A New York real estate company has acquired the 428 Broadway office building in SoHo from the Chetrit Organization for $47 million.

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Geoff Mason promoted to Chief Operating Officer of Unibail-Rodamco-Westfield U.S – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Geoff Mason promoted to Chief Operating Officer of Unibail-Rodamco-Westfield U.S.

Unibail-Rodamco-Westfield (URW) has appointed Geoff Mason, a long-serving executive, as Chief Operating Officer for its US business.

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Office Conversion in Downtown D.C. Secures $176 Million Loan and New Majority Partner – AI-generated illustrative image
AI generated
Development
·2 min read

Office Conversion in Downtown D.C. Secures $176 Million Loan and New Majority Partner

One of the largest office-to-residential conversions in Washington, D.C., has received a new majority partner and construction financing totalling $175.6 mil…

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Reuben Brothers' Jordana Yechiel on the firm's big bet on Century City – AI-generated illustrative image
AI generated
Development
·3 min read

Reuben Brothers' Jordana Yechiel on the firm's big bet on Century City

With its development in Century City, Reuben Brothers is banking on a transformative process for the area, turning it into a luxurious, experience-driven res…

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Bank OZK Funds USD 76 Million Office-to-Residential Conversion in Connecticut – AI-generated illustrative image
AI generated
Development
·1 min read

Bank OZK Funds USD 76 Million Office-to-Residential Conversion in Connecticut

A joint venture secures construction financing for the transformation of two office buildings in Norwalk, Connecticut, into 286 residential units.

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Two Roads Development resolves legal dispute over Biscayne 21, paves way for Edition Condo in Miami – AI-generated illustrative image
AI generated
Development
·2 min read

Two Roads Development resolves legal dispute over Biscayne 21, paves way for Edition Condo in Miami

After a three-year legal battle, Two Roads Development has gained full control over the former Biscayne 21 site to realise its luxury Edition Residences proj…

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Fintech company Stash Financial leases over 12,000 sq ft at 641 Avenue of the Americas – AI-generated illustrative image
AI generated
Leasing
·1 min read

Fintech company Stash Financial leases over 12,000 sq ft at 641 Avenue of the Americas

Stash Financial, a fintech company specialising in digital financial services, has leased 12,322 square feet of office space at 641 Avenue of the Americas in…

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Fashion boutique Atelier secures retail space at 181 MacDougal Street – AI-generated illustrative image
AI generated
Letting
·1 min read

Fashion boutique Atelier secures retail space at 181 MacDougal Street

Luxury boutique Atelier New York is expanding in New York City's Greenwich Village, leasing a 2,130 square foot space in a new development.

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Industrious Opens 19th Location in Greater L.A. at Caruso's Masonic Temple – AI-generated illustrative image
AI generated
Letting
·2 min read

Industrious Opens 19th Location in Greater L.A. at Caruso's Masonic Temple

Coworking provider Industrious has leased 12,000 square feet across two floors in Caruso’s Masonic Temple in Glendale.

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Proptech unicorn EliseAI introduces AI agent Apollo – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Proptech unicorn EliseAI introduces AI agent Apollo

EliseAI, a leading proptech company, has unveiled Apollo, its first cross-platform AI agent, for use across all property management processes.

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US Housing Construction Shifts Away from Large Metropolitan Areas – AI-generated illustrative image
AI generated
Market analysis
·1 min read

US Housing Construction Shifts Away from Large Metropolitan Areas

In the second quarter, US housing construction continued to weaken nationwide, influenced by high financing costs and economic uncertainty.

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Reforming Pilates opens new studio at 233 East 34th Street in Murray Hill – AI-generated illustrative image
AI generated
Leasing
·2 min read

Reforming Pilates opens new studio at 233 East 34th Street in Murray Hill

Fitness brand Reforming Pilates has signed a lease for a new branch at 233 East 34th Street in Murray Hill, Manhattan.

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Dwight Investment Management refinances Charlotte apartments with US$115 million – AI-generated illustrative image
AI generated
Transaction
·1 min read

Dwight Investment Management refinances Charlotte apartments with US$115 million

Dwight Investment Management has provided US$115 million in refinancing for a mixed-use residential project in Charlotte, North Carolina.

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Industrial Property Near Miami Sold for US$21.3 Million – AI-generated illustrative image
AI generated
Transaction
·1 min read

Industrial Property Near Miami Sold for US$21.3 Million

An industrial property measuring 113,000 square feet west of Miami International Airport has been sold for US$21.3 million.

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Affinius Capital finances 47-storey residential tower in Jersey City with US$310 million – AI-generated illustrative image
AI generated
Transaction
·2 min read

Affinius Capital finances 47-storey residential tower in Jersey City with US$310 million

Affinius Capital is providing US$310 million in construction financing for the erection of a 47-storey residential high-rise by Namdar Group in Jersey City.

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New York Human Resources Administration Extends 174,000 Sq Ft Midtown Lease – AI-generated illustrative image
AI generated
Leasing
·1 min read

New York Human Resources Administration Extends 174,000 Sq Ft Midtown Lease

The New York City Human Resources Administration (HRA) has extended its lease for 174,186 square feet at 260 11th Avenue in Midtown South for 18 months.

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Vestal Point Capital leases over 12,000 sq ft at Rockrose Development's 11 East 26th Street – AI-generated illustrative image
AI generated
Leasing
·1 min read

Vestal Point Capital leases over 12,000 sq ft at Rockrose Development's 11 East 26th Street

Investment firm Vestal Point Capital has signed a long-term lease agreement for 12,139 square feet for the entire 12th floor at 11 East 26th Street from Rock…

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Unibail-Rodamco-Westfield Repays Loan for Westfield Montgomery Mall in Bethesda – AI-generated illustrative image
AI generated
Transaction
·1 min read

Unibail-Rodamco-Westfield Repays Loan for Westfield Montgomery Mall in Bethesda

Unibail-Rodamco-Westfield (URW) has fully repaid a USD 350 million loan for the Westfield Montgomery Mall in Bethesda, Maryland.

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Propertymark Criticises Scottish Housing Programme – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Propertymark Criticises Scottish Housing Programme

Propertymark criticises the Scottish Government's latest housing policy measures and urges greater commitment to tackling the housing crisis.

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Property Transactions Now Take an Average of 216 Days: Communication Gaps Persist – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Property Transactions Now Take an Average of 216 Days: Communication Gaps Persist

New research shows that the average house move in the UK takes 216 days, with 72% of movers experiencing delays.

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Real estate agency calls for eight-week completion period – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Real estate agency calls for eight-week completion period

A leading British real estate agent is advocating for transaction times to be reduced to eight weeks, as the current average is 16 to 18 weeks.

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Decline in Footfall on High Streets Concerns Property Agencies – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Decline in Footfall on High Streets Concerns Property Agencies

The persistent decline in visitor numbers in city centres presents property agencies with growing challenges, influenced by parking policies and the competit…

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Landlords increasingly demand guarantees in light of rent price regulations – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Landlords increasingly demand guarantees in light of rent price regulations

A recent study shows that over half of landlords are increasingly asking for guarantees from tenants who do not easily pass credit checks.

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Unclaimed tenancy deposits in England and Wales could amount to £750 million – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Unclaimed tenancy deposits in England and Wales could amount to £750 million

A recent analysis suggests that possibly £750 million in unclaimed tenancy deposits within the deposit protection scheme in England and Wales might be lying…

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