Investment sales fell by half in December to finish year down 48%
For investment sales in the city, a down year finished on a down note. Sales volume in December was...
Investment Sales
The Latest
Mid-market muscles up: $154M in deals last week
It was another strong showing for New York City investment sales between $10 million and $30 million. Ten deals,...
National
Opportunity Zone investments got a boost in 2020
It was a good year for Opportunity Zones. More than $12 billion was invested in Opportunity Funds by the...
Mid-market investment sales off to strong start in 2021
The middle of the investment sales market is off to a running start in 2021. Seven sales in the...
Dov Hertz picks up Staten Island site for $65M
One of the city’s most active industrial investors just picked up a big property on Staten Island for $65...
ExxonMobil sells Greenpoint parcel decade after agreeing to big cleanup
New York’s mid-market investment sales bounced back in a big way in the final week of 2020. Four sales...
Mid-market sales slow in final weeks of the year
Activity for New York’s mid-market investment sales — that is, sales between $10 million and $30 million — unsurprisingly...
Brookfield, All Year highlight big week for mid-market sales
The uptick in middle-market investment sales activity in the city continued last week. Six deals involving industrial and residential...
Los Angeles
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
In what looks to be the largest development portfolio offering in Santa Monica in a generation, WSC Communities will...
Landlord who warned of pandemic’s “catastrophic” effects sells West Village building for $95M
One of the city’s most vocal small-property owners, who recently warned the pandemic could lead to a “catastrophic loss” for independent landlords, has parted...