News/Events
Treasury Introduces Rule Blocking Big Investors From Bulk-Buying Homes
The Department of the Treasury and President Trump launched regulations to limit institutional investors' purchases of single-family homes.
Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals
Philly restaurant operators steer clear of percentage rent and tenant improvement deals as the industry drives retail leasing.
KDC Pursues $3.5B In Financing For AT&T's Huge HQ Campus In Plano
CGA Capital and CBRE are arranging the $3.5B in debt that KDC is seeking to help fund the construction of AT&T's 2.3M SF headquarters campus in Plano.
Welcome Group Starts Pearland Industrial: The Houston Deal Sheet
This week in Houston real estate news, Welcome Group initiates Pearland Lower Kirby Business Park, Sugar Land starts historic building restoration, and more.
CP Group Sells Third Boca Raton Office for $79M
CP Group has sold off yet another office complex in Boca Raton, Fla. The office investor, alongside Chicago-based Harrison Street Asset Management, sold One Boca Place for $78.9 million, property records show. Golden East Investors purchased the 286,890-square-foot asset at 2255 Glades Road, located just west of Interstate 95, near the Town Center at Boca…
New York City’s Pied-à-Terre Surcharge Changes the Investment Calculation
Whether you’re selling a walk-up with a restaurant downstairs, a rental building or a luxury apartment, new rules can change what a property is worth and who will buy it. That’s why New York City’s pied-à-terre surcharge belongs in the investment conversation. The tax doesn’t apply to all these properties, but the differences in how…
Revamp NYC Wants to Bring 99 Units to the Financial District’s 160 Pearl Street
Manhattan’s Financial District was once known only for offices and workers, with its liveliness ending at the close of happy hour. But over the last several years, the neighborhood has transformed into a hub of residential communities. The latest residential project getting added to the mix might be a 99-unit rental. Revamp NYC, a New…
Rexford Sells $1.3B in SoCal Industrial Assets as Leasing Rebounds
Rexford Industrial Realty continued its transformation from Southern California’s biggest industrial buyer into one of its largest sellers during the third quarter after completing $1.3 billion in property sales. The Los Angeles-based real estate investment trust (REIT) sold 25 properties totaling 5.5 million square feet during the quarter, including the previously announced $1.2 billion sale…
Roof of Concept: Meet Jeff Thramann, a Data Center Disruptor
Jeff Thramann, a neurosurgeon with a degree from Cornell Medical School, is an entrepreneur at heart and an inventor by nature. He’s been issued at least 130 patents and seen his startups like U.S. Radiosurgery sold to a publicly traded company and Denver CyberKnife (another cancer treatment facility) bought by a private firm. But it…
