News

What October’s Cooling Rents Mean for Multifamily

Yardi Matrix editorial director Paul Fiorilla weighs in on the October Matrix Monthly report findings.

13-Building Apartment Sale is Bronx’s Biggest in 2015

Continental Properties and affiliates of J.P. Morgan Asset Management have sold a 13-building multifamily portfolio in the Bronx for $90 million.

New Time Inc. HQ Invades Lower Manhattan

Time Inc. has begun moving into its new headquarters at 225 Liberty St., in New York City, transitioning away from the historic Time & Life Building.

Budding Trends for Office Spaces

Karen Whitt, president of investor and real estate management services for Colliers International, discussed new trends in office amenities and ways owners across the country are shifting the use of shared space to attract and retain tenants.

Skanska Bids Farewell to Office Building in Prague

A newly-completed office building in Prague was sold by Skanska for $60.5 million.

Columbia Property Trust Retains Top Tenant in Denver Area

Columbia Property Trust Inc. secured a new commitment from engineering and construction firm CH2M with the signing of a 370,000-square-foot lease renewal at Columbia’s 478,000-square-foot South Jamaica Street office campus in Englewood, Colo.

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Blackstone Snaps up Immofinanz’s Entire Logistics Portfolio

Austrian commercial real estate company Immofinanz is shedding its entire logistics portfolio, including three dozen properties in Germany and Eastern Europe.

KeyCorp Grows Banking Portfolio in $4.1B Transaction

KeyCorp will acquire First Niagara in a cash and stock transaction valued at approximately $4.1 billion, making the parent of KeyBank the 13th largest bank in the U.S.

Xcelience Opens HQ in Tampa

Xcelience has announced the grand opening of its new headquarters in Tampa.

SEC Finally Pulls Trigger on Crowdfunding Rules

In a move that was both long delayed and much anticipated, the U.S. Securities and Exchange Commission adopted the final rules implementing Title III of the JOBS Act.