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Paramount Auctions Off 10% Stake In 1633 Broadway
Paramount Group, Inc. has announced it is seeking to enter into a joint venture agreement to sell a 10 percent interest in 1633 Broadway, a 2.5 million-square-foot trophy office building on Broadway between 50th and 51st streets in Manhattan.
Multifamily Rent Increases Decelerate as the Season Starts
Meanwhile, NMHC is going to start weekly tracking of the number of people who have paid their rent.
LTC Sells Preferred Care Portfolio for $78M
The REIT plans to use the proceeds for future growth opportunities.
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