Greg Isaacson
Greg Isaacson is a Senior Associate Editor with Commercial Property Executive and Multi-Housing News. He has been writing about the real estate industry in the U.S. and Asia Pacific since 2014. Connect with him on Twitter: @gregisaacson
Allianz Buys Into NYC Skyscraper for $384M
The German insurer purchased a minority stake in the 1.5 million-square-foot office condo leased to WarnerMedia within the new 30 Hudson Yards tower. The majority owner is a joint venture of the Related Cos. and a third-party investor.
Corporations, Not Startups, Drive Coworking Surge
Enterprise users are shaking up the real estate industry by demanding better spaces for their employees, say executives at flexible office firms WeWork, Industrious and CommonGrounds Workplace.
View Glass Controls Glare Without Blinds
The company’s self-tinting smart window system, used in major airports and other commercial properties, can improve the energy efficiency of a building by 20 percent.
Big Tech Reveals Smart Building Strategies
Experts from Facebook and Google provide insights on optimizing user experiences at this year’s Realcomm conference in Nashville.
South Florida Hotel Project Scores $72M Loan
Menin Development is building a 141-key hospitality property to be operated by Hilton in Delray Beach. Madison Realty Capital provided financing.
Billionaire Buys Former McDonald’s HQ Campus
The quick-service restaurant chain sold the 80-acre site in Oak Brook, Ill., to John Paul DeJoria, following the company’s move to downtown Chicago last year.
JV Obtains Mezzanine Loan for Brooklyn Project
Bluestone Group has provided $8 million in financing for the mixed-use property that Cornell Realty Management and LIVWRK are co-developing in Williamsburg.
FCP Sponsors $12M Opportunity Zone Industrial Deal
Baker Development Corp. will build the 325,000-square-foot property in the Phoenix suburb of Goodyear. Fintech platform EquityMultiple raised $2.4 million from its accredited investors for the transaction.
Flood Buzz Devices Detect Water Leaks
Archetype’s products emit loud alarms to protect facilities from water intrusion, which can cause extensive structural damage and costly mold problems.
Ashford to Pay $275M for Hotel Management Platform
The Dallas-based company has agreed to purchase the platform from Remington. The business provides services for two Ashford-advised REITs and oversees nearly 90 hospitality properties.