— Journal · Page 44
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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.

Polymarket Doubles Office Space at Manhattan's 78 Crosby Street – AI-generated illustrative image
AI generated
Leasing
·2 min read

Polymarket Doubles Office Space at Manhattan's 78 Crosby Street

The betting and prediction platform Polymarket has doubled its office space at 78 Crosby Street in Lower Manhattan to 12,700 square feet, now spanning the fo…

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Bridge Investment Group refinances multi-family property near Boston with $67 million – AI-generated illustrative image
AI generated
Transaction
·2 min read

Bridge Investment Group refinances multi-family property near Boston with $67 million

Invictus Real Estate Partners secures $67.2 million refinancing for the Eliot on Ocean property in Revere Beach, Massachusetts, to undertake extensive modern…

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Tishman Speyer Offers 6 Grand Central for Around US$450 Million – AI-generated illustrative image
AI generated
Transaction
·2 min read

Tishman Speyer Offers 6 Grand Central for Around US$450 Million

Tishman Speyer has put the 770,386 square foot property 6 Grand Central up for sale as part of a marketing campaign, with an estimated price of approximately…

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Document Processing Platform Extend AI Leases 8,750 Sq Ft at 119 Fifth Avenue – AI-generated illustrative image
AI generated
Leasing
·2 min read

Document Processing Platform Extend AI Leases 8,750 Sq Ft at 119 Fifth Avenue

Extend AI, an AI-powered document processing company, is relocating its headquarters within the Flatiron District, leasing an entire floor at 119 Fifth Avenue.

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Valley National Bank refinances Park Towers in Miami with $30 million for value-add strategy – AI-generated illustrative image
AI generated
Transaction
·1 min read

Valley National Bank refinances Park Towers in Miami with $30 million for value-add strategy

Valley National Bank has provided a $30 million refinancing loan for the Park Towers multifamily residential building in Miami, supporting YMP Real Estate Ma…

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£15.9 Million Funding for 35-Unit Retirement Living Development – AI-generated illustrative image
AI generated
Development
·2 min read

£15.9 Million Funding for 35-Unit Retirement Living Development

Paragon Development Finance is providing £15.9 million for the acquisition and development of a 35-unit retirement living scheme in Hartley Wintney, Hampshire.

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Selldorf Architects Extends Lease at 860 Broadway for Ten Years – AI-generated illustrative image
AI generated
Leasing
·2 min read

Selldorf Architects Extends Lease at 860 Broadway for Ten Years

Architectural firm Selldorf Architects has extended its lease for 13,815 square feet of office space at 860 Broadway in New York City for another ten years.

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Lawyer James Allen becomes Senior Counsel at Camber Property Group – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Lawyer James Allen becomes Senior Counsel at Camber Property Group

James Allen moves from Hirschen Singer & Epstein to Camber Property Group, taking on the role of Senior Counsel to support affordable housing projects.

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Ad Agency More Than Doubles Office Space at Hackman Campus in Los Angeles – AI-generated illustrative image
AI generated
Leasing
·2 min read

Ad Agency More Than Doubles Office Space at Hackman Campus in Los Angeles

Innocean USA, the international advertising agency, has more than doubled its office space at Hackman Campus in El Segundo, California, with a new headquarte…

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Starwood acquires two affordable housing complexes in Miami – AI-generated illustrative image
AI generated
Transaction
·1 min read

Starwood acquires two affordable housing complexes in Miami

Starwood Asset Management, led by Barry Sternlicht, has acquired two affordable residential properties in Miami-Dade County for a total of $63.8 million.

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Longfellow Sells Hatch Life Sciences Building in LIC for US$87 Million – AI-generated illustrative image
AI generated
Transaction
·1 min read

Longfellow Sells Hatch Life Sciences Building in LIC for US$87 Million

Longfellow Real Estate Partners has sold its first New York project, The Hatch Life Sciences Building in Long Island City, to Pearl Realty Management for US$…

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Right to Buy sales increase despite tightened criteria – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Right to Buy sales increase despite tightened criteria

Sales of social housing under the 'Right to Buy' programme in England rose by 90% between 2025 and 2026, reaching 14,275 properties, according to data from M…

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Burnham's Capital Gains Tax Proposal Raises Concerns in the Real Estate Sector – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Burnham's Capital Gains Tax Proposal Raises Concerns in the Real Estate Sector

Andy Burnham's proposal to align capital gains tax rates with income tax levels is sparking discussions within the real estate industry.

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Association warns: Planned landlord register could duplicate existing systems – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Association warns: Planned landlord register could duplicate existing systems

Propertymark expresses concerns that a nationwide landlord register in England could cause unnecessary administrative burden and costs without improving prop…

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Angela Gentry of JLL: 5 Questions – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Angela Gentry of JLL: 5 Questions

Angela Gentry, recently appointed Vice Chair of Leasing Advisory for the New York Tri-State Region, is transferring successful leasing strategies from New Yo…

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Marx Realty Invests $68 Million in 430 Park Avenue Repositioning with Hospitality Concept – AI-generated illustrative image
AI generated
Development
·2 min read

Marx Realty Invests $68 Million in 430 Park Avenue Repositioning with Hospitality Concept

Marx Realty announces a $68 million repositioning of the 430 Park Avenue office property in Midtown Manhattan to integrate a luxury hotel-inspired approach.

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Despite a hot Las Vegas summer: A cooling property market in July – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Despite a hot Las Vegas summer: A cooling property market in July

The Las Vegas property market showed initial signs of moderation in July, as property prices retreated from their recent record highs.

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Mesa West Refinances Seattle-Area Apartment Community with $52 Million – AI-generated illustrative image
AI generated
Transaction
·1 min read

Mesa West Refinances Seattle-Area Apartment Community with $52 Million

Timberlane Partners has secured $52 million in refinancing for Sumner Mill Apartments, a 162-unit residential community located outside Seattle and Tacoma, W…

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Rudin Appoints Craig Panzirer as Head of Office Leasing – AI-generated illustrative image
AI generated
Leasing
·2 min read

Rudin Appoints Craig Panzirer as Head of Office Leasing

Rudin has hired Craig Panzirer as Senior Vice President of Office Leasing to lead the leasing strategy for an 8.6 million square foot portfolio of office pro…

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Madison Realty Capital Provides $100M Loan for RXR Multifamily Building – AI-generated illustrative image
AI generated
Transaction
·1 min read

Madison Realty Capital Provides $100M Loan for RXR Multifamily Building

RXR, along with its joint venture partners Halpern Real Estate Investments, Korman Communities, and Invent Development Partners, has secured $125 million in…

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HGI Acquires Residential Complex Near Zoo Miami for $109 Million – AI-generated illustrative image
AI generated
Transaction
·2 min read

HGI Acquires Residential Complex Near Zoo Miami for $109 Million

Harbor Group International (HGI) has acquired a 505-unit residential complex in Miami for USD 109 million, with the seller making only a small profit.

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Fintech company Maybern expands office space to 30,000 sq ft at 10 Astor Place – AI-generated illustrative image
AI generated
Leasing
·2 min read

Fintech company Maybern expands office space to 30,000 sq ft at 10 Astor Place

Maybern, a fintech company specialising in fund management, has renewed its lease at 10 Astor Place in New York City and almost tripled its office space to 3…

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AI Employee Management Platform Warp Triples Office Space at 156 Fifth Avenue – AI-generated illustrative image
AI generated
Letting
·2 min read

AI Employee Management Platform Warp Triples Office Space at 156 Fifth Avenue

Warp, an artificial intelligence-based employee management platform, has significantly expanded its office space at 156 Fifth Avenue for the second time with…

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Starwood's Net Income Drops 95% – Share Price Falls – AI-generated illustrative image
AI generated
Market analysis
·3 min read

Starwood's Net Income Drops 95% – Share Price Falls

Starwood Property Trust saw a massive 95% year-on-year drop in net income in the second quarter of 2026, leading to a significant fall in its share price.

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Immigration Law Firm Manifest Law Subleases 18,200 sq ft at 902 Broadway – AI-generated illustrative image
AI generated
Letting
·2 min read

Immigration Law Firm Manifest Law Subleases 18,200 sq ft at 902 Broadway

Manifest Law, a firm specialising in immigration law, has subleased 18,200 square feet at 902 Broadway in New York City.

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Nordstrom Rack leases 22,000 sq ft in Wellington, Florida – AI-generated illustrative image
AI generated
Leasing
·1 min read

Nordstrom Rack leases 22,000 sq ft in Wellington, Florida

Nordstrom Rack, Nordstrom's discount concept, has signed a lease for 22,000 square feet at The Shoppes at Isla Verde shopping centre in Wellington, Florida.

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Mermaid Inn Restaurateurs Lease 2,000 sq ft at 61 West 74th Street for New Restaurant – AI-generated illustrative image
AI generated
Leasing
·2 min read

Mermaid Inn Restaurateurs Lease 2,000 sq ft at 61 West 74th Street for New Restaurant

The founders of the New England seafood restaurant Mermaid Inn secure a 2,300 square foot space on Manhattan's Upper West Side for a new hospitality project.

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New Build Premium in Great Britain Reaches 30% – AI-generated illustrative image
AI generated
Market analysis
·2 min read

New Build Premium in Great Britain Reaches 30%

In Great Britain, new-build properties now achieve an average price premium of 30% compared to existing properties, with this gap widening by 6.2 percentage…

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PEXA and Mastercard trial synchronised property transactions – AI-generated illustrative image
AI generated
Transaction
·2 min read

PEXA and Mastercard trial synchronised property transactions

PEXA and Mastercard have announced a collaboration to trial programmable account-to-account payments aimed at synchronising property transfers with the relea…

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Property Agencies Urged to Review Lone Working Safety Procedures – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Property Agencies Urged to Review Lone Working Safety Procedures

UK property agencies are called upon to reassess their lone working safety guidelines on the 40th anniversary of estate agent Suzy Lamplugh's disappearance.

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