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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
Net lease in general is doing well thanks to a more liquid environment, favorable cap rates and growing foreign interest, says Jim Koman of ElmTree Funds.
The owner and founder of McSam Hotel Group received the loan from S3 Capital Partners, a subsidiary of New York real estate company, Spruce Capital Partners.
The settlement stems from the New York State Attorney General's civil case that alleged landlord Steven Croman harassed and forced rent-regulated tenants out of their homes.
Extell is co-developing Central Park Tower with SMI USA, the US subsidiary of Shanghai Municipal Investment, a leading infrastructural investment company responsible for the Shanghai Tower, the second tallest building in the world
The fund received “tremendous” support from the existing investors and welcomed a number of new limited partners from across Europe, North America and Asia, Atlantic Pacific Capital states.