Devan Layne News Today

Rexford picked up an industrial portfolio from Blackstone for $1 billion.

GDS Development Management and Sabal Investment Holdings closed the deal to buy L&L and Mitsubishi’s position on March 18.

Verada Retail, Savills and Newmark dominated the attention of the Real Estate Board of New York (REBNY) for the best deals of 2022.

Apollo and MSD Partners are the lenders for the acquisition and redevelopment of the office building into a residential property.

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The proposal, known as One45, would yield two new towers with upwards of 900 apartments to the area, as many as 282 of them income-restricted for low- and middle-income households.

NEW YORK and LONDON, April 4, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) (Newmark), a world leader in commercial real estate, annou...

After the Princeton Club defaulted on its mortgage, former Google CEO Eric Schmidt is reportedly bidding on the club’s debt.

The biggest investment sales deal of the year didn’t even involve brokerages. In March, Amazon bought the landmarked Lord & Taylor building at 424 Fifth Avenue for $978 million. The e-commerce giant did a direct deal with the seller, a joint venture of Rhone Capital, Hudson’s Bay Company and WeWork, which originally planned to renovate the 660,000-square-foot building to use as its corporate headquarters. The deal, which worked out to about $1,480 per square foot, closed on March 12, just ...

Javascript is disabled in your web browser. For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page. David Werner acquiring Harlem office leasehold for $60M Brookfield unloading legacy property from Forest City takeover New York / UPDATE, Apr. 1 2021, 1:55 p.m.: David Werner is betting on Harlem. The prolific real estate investor will acquire the 55-year leasehold of a Harlem office complex at 317 Lenox Avenue from Brookf...