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...
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...
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...
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...
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....
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...
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...
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...
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...
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...