The Real Deal New York

Successful second acts in real estate, how to pick a REIT … and more

January 07, 2013 08:00AM

Maintaining a Downtown Abbey-sized English country estate would cost upwards of $1.5 million a year

1. U.S. remains No. 1 for global commercial real estate investors [Reuters]
2. How to pick an REIT with an ownership orientation [Forbes]
3. And how a plethora of professionals are making real estate a highly successful second career [NYP]
4. You don’t need to be the Earl of Grantham to live in a house like Downton Abbey — just a king-sized maintenance budget [CNBC]
5. A Goldman-backed German property firm plans to raise $1 billion in one of Europe’s first IPOs of the year [NYT]
6. A 24-property commercial portfolio snags $607 million in financing  [CPE]
7.  Must a rent-controlled tenant abide by co-op rules?  [NYT]
8. Forget dorms. Nickelodeon star Miranda Cosgrove, a USC student, recently bought a $2.65 million L.A. home[NYDN]
9. Hunting for real estate with a sense of community [NYT]
10. Barneys considers relocating its West 18th Street store [NYP, 2nd item]
11. A Q&A with a Peter Magistro, the founder and president of the Bronx Pro Group, which manages low- and moderate-income housing in the borough.  [NYT]

  • Mike Warren

    Yes, U.S.A is still the leading for commercial real estate investors. MISUniversity

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