Multifamily

The REIT now holds a greater interest in the Midtown building owned with HNA Group and moves forward in constructing its Financial District residential tower.

Following the completed spin-off, BGC Partners no longer held any shares of Newmark.

The new real property transfer tax called “NYC for All,” if enacted, would treat all residential transactions equally, regardless of how a home is purchased, by implementing a single progressive real property transfer tax that rises as the price of the property rises.

The property is located near JPI's headquarters in Irving in the heart of the Las Colinas master-planned community in the Dallas-Fort Worth region. Jefferson Riverside was developed and built by JPI in 2017.

The 132-unit building will also have 16,000-square feet of street level retail.

In the past eight years, Kennedy Wilson increased net operating income at Bay Village by 121%, resulting in a pre-tax gain on sale of $20 million to Kennedy Wilson.

Greystone was able to optimize the sponsor's value-add business plan to complete the interior renovations already underway by the asset's former owner, an affiliate of Deutsche Bank AG.

Fannie Mae is fostering sustainable communities by incubating innovative ideas that address its mission of bringing affordability and stability to underserved areas and ensuring residents have access to safe homes.