Uptown project secures massive $227M refinancing deal
The Union, a prominent Dallas mixed-use development, secures $227M refinancing loan through KB Asset Management and RED Development joint venture.
NYC's Iconic Buildings Plummet in Value, Attracting Savvy Investors
New York City's iconic landmarks are up for grabs at bargain prices, sparking a buying frenzy.
City's iconic fountain available for private sponsorship at $5 million annually
Next tenant to occupy 1251 Ave. of the Americas space can leverage massive fountain for brand events.
Manhattan Retailers Rush to Secure Permanent Storefronts
Luxury brands buy prime city retail storefronts outright due to scarcity, with Kering and Prada leading the trend.
Alexandria Realty Experiences Increased Revenue, Leases in Third Quarter
REIT leasing volume reached its highest level in over a year during Q1.
NYC's Hotel Industry Faces Challenges Despite Luxury Openings, Experts Warn
New York City's hotel industry: thriving and in crisis simultaneously, depending on the metrics used.
Developers Embrace City's Affordable Housing Initiative
Austin's Density Bonus 90 program lets developers build taller for more affordable housing options.
ICA Miami Expands with $25M Purchase of Adjacent Building
ICA Miami to nearly double exhibition space with $25M purchase of de la Cruz Collection's former home.
Howard Lorber Steps Down as Elliman Executive Chairman
Douglas Elliman Chairman and CEO Howard Lorber to step down, succeeded by board director Michael Liebowitz.
JPMorgan Chase Exits San Francisco Tower, Abandoning 244K Square Feet of Office Space
JPMorgan Chase to vacate nearly 3/4 of its offices at 1 Front St. in Downtown SF's Financial District.
Tech-savvy investors aid non-profits in acquiring undervalued properties
After years of being priced out, non-tech tenants are returning to the city.
Supreme Court rejects appeal in eminent domain dispute over seized family land
Hardware store owners exhaust legal options in eminent domain dispute with Southold, NY, after US Supreme Court declines to hear case.
Crescent development costs estimated at $126 million
Crescent Communities' 31-story Carson & Tryon tower nears construction start in Charlotte's South End.
![Crescent development construction site in [location], with workers and heavy machinery.](https://static.realestate.news/2024/10/22/5040/ft_Crescent-Charlotte-Mixed-Use.png)
Conversion of vintage hospital into residential units planned for competitive rental market
Historic 24-story building on San Antonio's River Walk to be converted into apartments by Houston-based InnJoy Hospitality.
Beverly Hills Office Complex Sold to Oscar Engelbert and Jens Grede for $61 Million
Swedish developer Oscar Engelbert expands LA presence through new venture Parkgate, despite struggles with Oscar Properties.
Chicago's Luxury Hotels Face Property Tax Revaluation Shock
Magnificent Mile hotel values surpass pre-pandemic highs, according to Cook County Assessor Fritz Kaegi.
Mandarin Oriental lawsuit sees Shvo dodge three key allegations
New York Judge Dismisses Claims Against Michael Shvo, Upholds Those Against His Company
Miami Developer Backs Former Mayor's County Property Appraisal Bid
Miami mayoral candidate's property appraiser bid backed by major developers and commercial property owners.
Zuckerberg Foundation Secures 38,000 SF Lab Facility Lease
Meta's Mark Zuckerberg and wife Priscilla Chan lease 38,000 sq ft at Columbia University for Chan Zuckerberg Biohub New York.
MetroList Launches Groundbreaking Voice-Controlled Listing Update Tool
New Sacramento-based capability streamlines workflow for real estate professionals.
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