Heritage Equity News Today

Rubenstein Partners signed Othership, which has two locations in Toronto, to a 10-year, 6,168-square-foot lease at 25 Kent Avenue

DAILY DOSE: February 24, 2021 Posted on 02/24/2021 1. Former U.S. Treasury Secretary Steven Mnuchin is planning to start an investment fund that would focus on financial technology and entertainment. The fund is expected to raise money from a wide range of investors including Gulf-based sovereign wealth funds. Former U.S. Treasury Secretary Timothy Geithner after leaving his post went on to become President of Warburg Pincus. Jack Lew, the last U.S. Treasury Secretary before Mnuchin, went to be...

Madison Realty Capital Madison Realty Capital Provides $53 Million Construction Financing to Heritage Equity Partners for Multifamily Development in Brooklyn Madison Realty Capital Provides $53 Million Construction Financing to Heritage Equity Partners for Multifamily Development in Brooklyn NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Madison Realty Capital, a New York City based real estate private equity firm focused on debt and equity investment strategies, today announced it has provided ...

Share via Shortlink Clockwise from left: 475 Clermont Avenue, 5200 1st Avenue and 445 Albee Square West in Brooklyn (Google Maps; StreetEasy) With Manhattan in dismay, Brooklyn came to play. With more people staying home in the outer boroughs this year, retailers came to them, signing leases for some major square footage. But half of the year’s largest leases were signed in January and February, before the impact of the pandemic became clear. The deals varied greatly. Some were your t...

Share via Shortlink Chris Whittle and Tishman Speyer’s Rob Speyer with a rendering of The Wheeler at 181 Livingston Street (Photos via Getty Images and The Whittle School) Signs of a pandemic-fueled market slowdown are obvious when looking at the top office leases in Brooklyn and Queens this year — six out of the 10 deals in The Real Deal’s ranking closed in January and February. But in the few months before the pandemic took hold, several large leases were signed. The sum of top...