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Rich Bockmann

Associate Web Editor
Covers the competitive commercial real estate beat, daily news, news-analysis and features for The Real Deal.





Marcus & Millichap CEO Hessam Nadji and Mission Capital principal David Tobin (Photos via Marcus & Millichap; Mission Capital)

Marcus & Millichap inks deal to buy Mission Capital Advisors

Marcus & Millichap has inked a deal to buy the debt and equity brokerage Mission Capital Advisors. The publicly...

Marcus & Millichap inks deal to buy Mission Capital Advisors
(Getty)

Manhattan retail asking rents fall to nine-year low

Manhattan retail asking rents fell to their lowest point in nearly a decade this summer as the pandemic compounded...

Manhattan retail asking rents fall to nine-year low
Brock Emmetsberger, Tom Gammino and Will Suarez (JLL)

JLL makes cuts to I-sales team

JLL has let go some of its high-profile brokers as the battered real estate market continues to squeeze the city’s brokerage firms. Investment sales brokers Brock Emmetsberger, Tom Gammino and Will Suarez were laid...

JLL makes cuts to I-sales team
Gary Offner of Nasdaq Ventures (inset) and Dealpath's Mike Sroka (Linkedin, Google Maps, Dealpath)

Nasdaq’s VC arm invests in proptech startup Dealpath

Dealpath, the data management startup backed by the likes of Blackstone and JLL, received a new capital injection from...

Nasdaq’s VC arm invests in proptech startup Dealpath
Magna CEO Robert Indeglia with the Courtyard by Marriott 307 West 37th Street and the Fairfield Inn & Suites at 325 West 33rd Street (Google; Magna)

Magna Hospitality emerges as New York’s hotel vulture

A New England private investment firm is quickly becoming the biggest vulture feasting on New York City’s distressed hotels....

Magna Hospitality emerges as New York’s hotel vulture
Matrix Global Logistics Park site on Staten Island (Matrix Companies, Google Maps, iStock)

Industrial leasing surges in NYC as other sectors flounder

Leasing office or retail space in New York City — or Manhattan apartments, for that matter — is slow...

Industrial leasing surges in NYC as other sectors flounder
Lendlease's Melissa Burch and 18 India Street in Greenpoint (Google Maps; Connect Conferences)

Lendlease pays over $100M for large Greenpoint development site

A London-listed private equity firm that struggled with a $1 billion bet on U.S. real estate unloaded one of...

Lendlease pays over $100M for large Greenpoint development site
Citizens Bank CEO Bruce Van Saun and SL Green CEO Marc Holliday with 106 Spring Street (Getty; Sl Green; Google Maps)

One of Soho’s priciest retail spaces heads to foreclosure

A 25 percent cushion wasn’t enough to save what was once one of Soho’s most expensive retail properties. The...

One of Soho’s priciest retail spaces heads to foreclosure
MacFarlane Partners CEO Victor MacFarlane and Avanath Capital Management CEO Daryl Carter (Photos via MacFarlane Partners and Avanath Capital)

Black-owned firms to launch first affordable-housing REIT

Two of the largest minority-owned real estate investment firms in the country are teaming up to launch what they...

Black-owned firms to launch first affordable-housing REIT
Regus CEO Mark Dixon and Regus at 747 Third Avenue (Google Maps; Regus)

IWG looking to close 20% of flex-office NYC portfolio

Short-term office provider IWG is looking to close at least a fifth of its work centers in New York...

IWG looking to close 20% of flex-office NYC portfolio

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