News/Events
DRA Advisors Buys 49% Stake in 1301 Avenue of the Americas
Michael Nierenberg’s Rithm Capital has a new capital partner. Rithm Capital has formed a joint venture with DRA Advisors to own and operate 1301 Avenue of the Americas. Commercial Observer can first report that DRA is taking a 49 percent stake in the property, which is currently valued at $1.3 billion, according to sources close…
Inside CareTrust's £1.1B UK Deal: How U.S. Investors Conquered Care Homes
CareTrust buys £1.1B UK care homes, the latest in a series of U.S. megadeals for the sector.
Federal Realty Spends $508M On Alabama Power Center
Bayer Properties sold the 870K SF open-air shopping center in Birmingham, Alabama, 30 years after developing it.
Fort Worth Offers Incentives To Land Nearly $200M Harting Connectivity Plant
The Fort Worth City Council approved a series of incentives for Harting Connectivity to build a multimillion-dollar manufacturing facility.
Lone Star Piles Back Into Dutch Market With €216M Resi Buy
Catella sold its Dutch portfolio, 923 units in key cities, for €215.5M to Lone Star.
Sunday Summary: The Best Office Market in Years
Friday we were hit with employment numbers that were disappointing. The economy added only 29,000 jobs in September, and the U.S. unemployment rate ticked up to 4.2 percent. Moreover, borrowers need to be at least a little nervous about the fact that the 10-Year Treasury has reached its highest rate in 19 years. (What were…
Kava Bars Are Booming. Kratom Is A Big Reason Why
The number of Kava bars in the U.S. has grown from 178 in 2019 to more than 700 today.
Inside CareTrust's £1.1B UK Deal: How U.S. Investors Conquered Care Homes
CareTrust buys £1.1B UK care homes, the latest in a series of U.S. megadeals for the sector.
Federal Realty Spends $508M On Alabama Power Center
Bayer Properties sold the 870K SF open-air shopping center in Birmingham, Alabama, 30 years after developing it.
