News
Bessemer Trust Takes 7 Floors at 1271 Ave. of the Americas
The wealth management fund is the fifth major tenant Rockefeller Group announced for the iconic Midtown Manhattan skyscraper, which is undergoing a $600 million redevelopment.
PCCP Funds $128M for OC Office Portfolio Purchase
The senior loan went to a joint venture of Angelo Gordon and Lincoln Property Co. for their recent acquisition of four properties totaling 540,000 square feet in Newport Beach and Irvine, Calif.
Industrial at Full Throttle—For Now
With e-commerce and international trade pushing the sector further, a couple of import tariffs are not likely to scare off investors. A full-on trade war, however, could make a dent or two.
Fed Applies the Brakes Again
Real estate executives were expecting this rate hike, so they were not alarmed by it. But what does it say about the future?
Value Engineering Continues After Design Phase
The process of detecting and resolving unwanted costs is critical throughout a project’s construction.
SunPower Exempt From Solar Tariffs
Photovoltaic module producer SunPower has been granted an exclusion from the U.S. Section 201 import tariffs imposed by President Trump in 2018.
JV Announces Adaptive Reuse Development in Nashville
Partners FCP and Third & Urban have acquired a former industrial site for $13 million, with plans to transform the property into creative office space and retail.
Dapper Cos. Extends Vegas Portfolio With $6M Acquisition
The new owner plans to implement a comprehensive renovation project totaling $8 million and hired Bunnyfish Studios to design the makeover.
Real Estate and Innovative Tech: A Love Story
NOOS Lab’s Matthieu Merchadou Melki and Saul Ewing Arnstein & Lehr’s Louis Archambault evaluate how emerging technologies influence the industry. The two also share their predictions for the future of real estate development.
The Mele Group Brokers Sale of Phoenix-Area Storage Facility
The Tampa-based team facilitated the sale of a newly built asset in Mesa, Ariz. The transaction marks the team’s 33rd self-storage deal this year.