— Journal · Page 57
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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.

Bridges Development Group Acquires Kingswood Centre in Brooklyn for US$31 Million – AI-generated illustrative image
AI generated
Transaction
·2 min read

Bridges Development Group Acquires Kingswood Centre in Brooklyn for US$31 Million

Bridges Development Group has acquired the Kingswood Centre in Brooklyn for US$31 million, representing a significant discount compared to its last sale in 2…

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Pure Paws Veterinary Care leases 5,000 sq ft at 1 Putnam Avenue, Brooklyn – AI-generated illustrative image
AI generated
Leasing
·1 min read

Pure Paws Veterinary Care leases 5,000 sq ft at 1 Putnam Avenue, Brooklyn

Pure Paws Veterinary Care is relocating its Brooklyn practice to a larger premises in Clinton Hill, 1 Putnam Avenue, leasing 5,000 square feet.

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Restaurateur James O'Brien to Open Wine Bar at Naftali's Williamsburg Wharf – AI-generated illustrative image
AI generated
Leasing
·2 min read

Restaurateur James O'Brien to Open Wine Bar at Naftali's Williamsburg Wharf

Renowned restaurateur James O'Brien is leasing 2,000 square feet at Naftali Group's Williamsburg Wharf for a new wine bar, slated to open in 2027.

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CEO Kevin Miller leaves Thorofare Capital after 17 years – AI-generated illustrative image
AI generated
Market analysis
·2 min read

CEO Kevin Miller leaves Thorofare Capital after 17 years

A year after Thorofare Capital lost three of its leading originators, the company's restructuring is now also affecting the top echelons of management.

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Property Values in L.A. County Reach $2.27 Trillion Despite Wildfires and Slowed Market – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Property Values in L.A. County Reach $2.27 Trillion Despite Wildfires and Slowed Market

Taxable property values in Los Angeles County reached a record $2.272 trillion at the beginning of 2026, an increase of 4.42 per cent compared to the previou…

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Jewish High School, backed by Jeff Sutton, Secures US$30 Million Construction Financing – AI-generated illustrative image
AI generated
Development
·2 min read

Jewish High School, backed by Jeff Sutton, Secures US$30 Million Construction Financing

A Jewish educational institution in Brooklyn has received approval from the state's Attorney General for a US$30 million construction loan.

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Hochul Selects Developers for 1,127 Residential Units in Hell’s Kitchen – AI-generated illustrative image
AI generated
Development
·2 min read

Hochul Selects Developers for 1,127 Residential Units in Hell’s Kitchen

Governor Kathy Hochul has selected developers Gotham Organization, Fisher Brothers and Mural Real Estate Group to deliver a much-needed 1,127-unit housing pr…

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Winkworth Records Mixed Business Performance Amidst Uncertainties – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Winkworth Records Mixed Business Performance Amidst Uncertainties

The estate agency Winkworth has noted an inconsistent business performance in recent months, attributing it to political and economic uncertainties affecting…

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New York's Fair Fares Expansion Strengthens Affordable Housing – AI-generated illustrative image
AI generated
Market analysis
·4 min read

New York's Fair Fares Expansion Strengthens Affordable Housing

The recent expansion of New York City's Fair Fares program is seen as a crucial step towards fostering housing stability and economic mobility by easing acce…

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US Mortgage Demand Falls, Lending Rates Hit Year High – AI-generated illustrative image
AI generated
Market analysis
·2 min read

US Mortgage Demand Falls, Lending Rates Hit Year High

US mortgage demand fell last week as borrowing costs reached their highest level in almost a year, highlighting the ongoing pressure on affordability for pro…

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Slate and RiseBoro Secure US$163 Million Loan for Two Residential Projects in Williamsburg – AI-generated illustrative image
AI generated
Development
·2 min read

Slate and RiseBoro Secure US$163 Million Loan for Two Residential Projects in Williamsburg

Slate Property Group and RiseBoro Community Partnership have obtained financing for the construction of 312 affordable housing units in Williamsburg, Brooklyn.

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Major League Soccer Establishes Global Headquarters with Outstanding Design at Vornado's 2 Penn – AI-generated illustrative image
AI generated
Development
·2 min read

Major League Soccer Establishes Global Headquarters with Outstanding Design at Vornado's 2 Penn

Major League Soccer (MLS) has opened a new 126,000-square-foot global corporate headquarters at Vornado's 2 Penn Plaza in Midtown Manhattan, impressive with…

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GB Bank completes £33 million London bridging finance deal in seven days – AI-generated illustrative image
AI generated
Transaction
·2 min read

GB Bank completes £33 million London bridging finance deal in seven days

GB Bank has closed a £33 million bridging finance deal for a mixed-use London property portfolio within seven days to meet a crucial deadline.

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Chelsea Project Completed After Ten-Year Planning Phase – AI-generated illustrative image
AI generated
Development
·1 min read

Chelsea Project Completed After Ten-Year Planning Phase

Magnet Capital has finalised funding for an ambitious real estate project in Chelsea, the planning for which spanned over a decade.

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Landlords Face First 'Making Tax Digital' Deadline – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Landlords Face First 'Making Tax Digital' Deadline

Landlords and sole traders must meet the first quarterly deadline for 'Making Tax Digital' on 7 August, while accountants continue to report confusion regard…

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Digitalisation in the British property sector stagnates: Qualified Electronic Signatures barely used – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Digitalisation in the British property sector stagnates: Qualified Electronic Signatures barely used

The introduction of Qualified Electronic Signatures for property transactions in the UK faces significant hurdles, with only five registrable dispositions co…

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Estate Agent Must Pay Buyers £790 for Undisclosed Interested Party – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Estate Agent Must Pay Buyers £790 for Undisclosed Interested Party

An estate agent has been ordered by The Property Ombudsman to pay £790 to buyers for failing to disclose the existence of another interested party during a p…

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Housing supply stable, purchase decisions delayed – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Housing supply stable, purchase decisions delayed

Despite stable supply volumes, buyers are postponing their purchase decisions, as data from the Landmark Information Group for the second quarter of 2026 shows.

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Knight Frank Creates Board-Level Position for Lettings Development – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Knight Frank Creates Board-Level Position for Lettings Development

Knight Frank has appointed Mike Knowles as Head of Lettings Business Development, a newly created board-level position to consolidate operational areas.

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Scottish Landlords Experience Year-Long Delays in Court Proceedings – AI-generated illustrative image
AI generated
Market analysis
·1 min read

Scottish Landlords Experience Year-Long Delays in Court Proceedings

Landlords in Scotland face waits of up to twelve months to regain possession of their properties through the housing court system, a situation criticised by…

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S3 Capital provides $24 million construction loan for Philadelphia apartments – AI-generated illustrative image
AI generated
Development
·1 min read

S3 Capital provides $24 million construction loan for Philadelphia apartments

Ampere Capital Group has secured $24 million in construction financing for a mixed-use multi-family project in Philadelphia, provided by S3 Capital.

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Scoop N Scootery to Open Branch at 162 Bleecker Street – AI-generated illustrative image
AI generated
Leasing
·1 min read

Scoop N Scootery to Open Branch at 162 Bleecker Street

Ice cream delivery chain Scoop N Scootery will open its first New York branch in Manhattan's Greenwich Village in September.

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Brookfield: Ben Brown on REITs, Residential, Office and Hospitality Markets – AI-generated illustrative image
AI generated
Market analysis
·2 min read

Brookfield: Ben Brown on REITs, Residential, Office and Hospitality Markets

Ben Brown, Co-President and Head of Real Estate for the Americas at Brookfield, outlines the company's aggressive strategy amidst volatile markets, highlight…

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Aldermore Provides £85 Million for London Rental Portfolio – AI-generated illustrative image
AI generated
Transaction
·2 min read

Aldermore Provides £85 Million for London Rental Portfolio

Aldermore has provided £85 million in financing to support Brydell Partners' acquisition of a 325-unit residential portfolio in London.

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Los Angeles Matcha Brand Archives of Us Leases Retail Space in East Village – AI-generated illustrative image
AI generated
Leasing
·2 min read

Los Angeles Matcha Brand Archives of Us Leases Retail Space in East Village

Archives of Us, a Los Angeles-based matcha cafe chain, has leased its first New York location in Manhattan's East Village.

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Barolo Restaurant Group secures Times Square location for new Italian restaurant – AI-generated illustrative image
AI generated
Letting
·2 min read

Barolo Restaurant Group secures Times Square location for new Italian restaurant

The Barolo Restaurant Group plans to open its third New York restaurant, Barolo West, at 250 West 49th Street in the heart of Times Square.

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Union Leaders Criticise Inspection Process Following Near Collapse of Pfizer Conversion Project – AI-generated illustrative image
AI generated
Development
·3 min read

Union Leaders Criticise Inspection Process Following Near Collapse of Pfizer Conversion Project

Union leaders in New York City view the inspection process as the main cause of the near collapse of the former Pfizer headquarters, which is being converted…

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Affinius Capital Refinances Neighbourhood Retail and Office Property near Houston with US$35 Million – AI-generated illustrative image
AI generated
Transaction
·1 min read

Affinius Capital Refinances Neighbourhood Retail and Office Property near Houston with US$35 Million

Affinius Capital has provided a US$35 million refinancing loan for the mixed-use project Village Green at Bridgeland Central in Cypress, Texas.

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PGIM Appoints David Blum as Managing Director for Commercial Real Estate Debt – AI-generated illustrative image
AI generated
Investment
·2 min read

PGIM Appoints David Blum as Managing Director for Commercial Real Estate Debt

PGIM, a leading player in asset management, has appointed David Blum as Managing Director to lead its high-yield debt business in the US commercial real esta…

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London nightclub operator acquires 675 Hudson Street for USD 100 million – AI-generated illustrative image
AI generated
Transaction
·2 min read

London nightclub operator acquires 675 Hudson Street for USD 100 million

Caprice Holdings, a well-known London nightclub operator, has acquired the property at 675 Hudson Street in New York City's Meatpacking District for USD 100…

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