National
Kushner looks to unload multifamily properties for $800M
Kushner Companies just put 10 Baltimore multi-family properties on the market, a portfolio that the firm’s president believes could...
Commercial Real Estate
National
Leadership shake-ups hit Vornado, Cushman & Wakefield and Howard Hughes
Three major real estate firms announced shake-ups to their leadership teams this week. Vornado Realty Trust’s chief financial officer...
Eagle Arc buys two South Florida nursing facilities for $36M
New York-based real estate investment firm Eagle Arc spread its wings with the purchase of two South Florida nursing...
National
Mirae Asset wins lawsuit over scrapped $5.8B Anbang hotel deal
South Korean investment bank Mirae Asset Daewoo won a significant U.S. court case against Anbang Insurance Group after Mirae...
Tri-State
Can the American Dream mall survive the pandemic?
New Jersey’s American Dream mall was projected to have 40 million visitors when it opened in 2019 — and...
National
FTC sues to stop CoStar’s $585M RentPath buy
Federal regulators are looking to block CoStar’s $588 million purchase of troubled rental listing platform RentPath, which operates Rent.com...
Mill Creek, Invesco sell Fort Lauderdale apartments for $180M
Mill Creek Residential and Invesco sold a 555-unit apartment complex in Fort Lauderdale for $180 million, marking one of...
National
CBRE lowers SPAC IPO valuation target to $350M
CBRE Acquisition Holdings, a blank-check company formed by CBRE Group, has lowered the target deal size for its upcoming...
Reuben Brothers takes over $132M loan backing St. Regis Bal Harbour
British billionaire brothers David and Simon Reuben are picking up the senior loan behind the St. Regis Bal Harbour...
National
Retail foot traffic tanks on Black Friday
Foot traffic in stores on Black Friday was about a half of what it was last year. But the decline in spending at physical stores was not as bad, according to the Wall Street...