Walkability has been a buzzword in the commercial real estate community for the past few years, and the idea that one can "live, work and play"; in the same development or area has continued to grow in appeal.
Kohlberg Kravis Roberts has agreed to settle accusations that it colluded with other private equity firms to drive down the prices of corporate takeover targets. RCS Capital Corp. has acquired independent broker/dealer VSR Financial Services, adding $12.3 billion in assets under administration and 264 advisors to RCAP’s independent advice platform. Greenland Forest City—a joint venture of New York City’s Forest City Ratner Cos. and Greenland USA, a subsidiary of Shanghai-based Greenland Group Co.—has just changed the name of the 22-acre Atlantic Yards development to Pacific Park Brooklyn. These are among today’s 10 must reads from around the commercial real estate sector....More
If the Federal Reserve begins raising interest rates next year, as expected, it could become harder to make money from real-estate investments, the analysts say. GlobeSt.com looks at what’s next for Brookdalte Senior Living now that its merger with Emeritus Corp. has closed. Real estate investment trust Sun Communities Inc. has agreed to pay about $1.32 billion including debt for a portfolio featuring 59 manufactured home communities. Karlin Real Estate broke ground on the first element — an office building — of a $1 billion multi-use development in North Austin. These are among today’s 10 must reads from around the commercial real estate sector....More
Walkability has been a buzzword in the commercial real estate community for the past few years, and the idea that one can "live, work and play"; in the same development or area has continued to grow in appeal....More
Today, Earth Day 2014, let's celebrate the recycling efforts of some of the top real estate and development firms, namely: JLL, Cassidy Turley, The Rockefeller Group, SL Green, Simon Property Group, Forest City Enterprises, CBRE and Bernards.
New York City’s Hudson Yards project has been designated as the United States’ first “quantified community.” Hudson Yards is a 28-acre mixed-use development currently being built over old rail yards along the Hudson River on Manhattan’s West Side....More
Sharif El-Gamal, the developer whose proposal in 2011 to build Park51, a $100 million Islamic mosque and community center near the World Trade Center, ignited a national controversy, now plans to build a mixed-use tower in Midtown Manhattan....More
The Los Angeles real estate investment community is abuzz with news of Oceanwide Real Estate Group’s pending acquisition of Fig Central, a 4.6-acre entitled development site located downtown, just across from Staples Center and the multi-billion-dollar L.A. Live entertainment destination....More