Blink and you’ll miss a new SPAC. With billions of dollars flowing into blank-check firms, a growing number of real estate players are targeting proptech. As an alternative to the traditional IPO, special-purpose acquisition...
Hedge fund billionaire Suneil Setiya is said to be in talks to buy a massive London penthouse for around...
Las Vegas Sands Corp. is leaving Las Vegas and aiming for Asia. The company that had been run by...
Gulf Islamic Investments has closed its biggest ever real estate transaction, paying $301 million for the Altais Towers in...
Mack Real Estate has gained control of a seven-hotel portfolio for what appears to be a major discount. The...
The commercial mortgage-backed securities market continues to be a big source of refinancings for Manhattan office properties. CIM Group has secured a $400 million refinancing for the 740,000-square-foot office building at 1440 Broadway near...
Movie theaters in New York City and San Francisco have been dark for a year now, but that changes...
Real estate is famously all about location. And in Florida, climate change is expected to put some of the...
As an emerging markets specialist, hedge funder Robert Citrone is used to eyeing distant shores for his next investment....
Innovo Property Group’s massive warehouse development in Long Island City has secured a big chunk of construction financing. Innovo...
Leisure and hospitality may finally be on the road to recovery. The industry added 355,000 jobs in February, as...
Lower Manhattan’s oldest social club is going under. The Down Town Association said in a bankruptcy filing on Thursday it had less than $75,000 to pay $6.9 million in debt, primarily held by its...
The Georgetown Company will bring a life-sciences hub to Manhattan’s Far West Side, where Icahn School of Medicine at...
The rise in supply is simply outpacing demand. Manhattan’s office availability set another unfortunate record at 15.5 percent in...
Home insurance startup Hippo has scored the ultimate umbrella policy. The six-year-old company is set to go public by...
One discount retailer says it plans to open twice as many stores, due to industry disruption and a change...
To boost lending in low-income areas, the Biden administration will provide a $9 billion infusion to underserved financial institutions....
A major mall owner is preparing for bankruptcy after it failed to make an interest payment on its debt....
A Brooklyn firm that excels at construction, not politics, is nonetheless cruising through the fraught rezoning process to erect...
