Bloomberg

The number of new leases in Manhattan fell 17.5 percent from a year earlier in June, according to a report released Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.

The property fund will focus on originating senior and subordinate debt in markets across the U.S., Canyon said in a statement.

Later this month, a non-profit organization affiliated with Purchase plans to sell $14.5 million in unrated tax-exempt notes to begin development of a 385-unit retirement community.

Convene, founded in 2009, rents meeting and event space out by the hour or for as long as multiple days, and co-working space for a minimum of 12 months.

The largest fund tracking real estate investment trusts, the Vanguard Real Estate ETF, or VNQ, took in $427 million during the week ended July 6.

Elaine Wynn, the former wife of longtime CEO Steve Wynn, has been trying to reshape the board since her ex-husband stepped down in February.

Pretium Partners LLC closed on its second single-family rental fund with more than $1 billion in equity commitments.

The chairman will face the challenge of normalizing a group that’s trembling under more than $90 billion in debt.