Repowering Wind Farms For Their Second Act
Two energy projects in Minnesota are putting a whole new spin on aging in place. …
“Scale is still our calling card”: Schwarzman talks Blackstone’s real estate strategy for 2020 and beyond
Following a year of mega-deals that brought Blackstone Group’s real estate assets under management to an unprecedented size, the firm’s executives sound optimistic about opportunities in the new decade — while acknowledging that it’s sometimes hard…
Mid-Century Office Landmark Checks Into Hotel Use In Texas Medical Center
Once underutilized, an aging-but-iconic mid-century modern-era office tower in Houston’s Texas Medical Center has been modernized and repurposed as a boutique hotel. …
US homeownership rate rises to highest level in 6 years
The U.S. homeownership rate is now at its highest point in six years, signaling continued confidence in the market despite anxiety that the current cycle is nearing an end. Rates dipped in most big cities, which…
Driftwood Capital Is Ramping Up Acquisitions And Lending In 2020
Since launching in 2015, Driftwood Capital placed more than $400 million in LP capital in both hotel acquisitions and developments across the United States, representing a portfolio of over $1 billion in assets. …
Cadre brings on former Four Seasons CEO as president
Real estate investment startup Cadre has hired Allen Smith, the former CEO of Four Seasons, as its president. Smith spent four years at the hotel company, departing in 2018. Before then, he was the CEO of…
Gary Player’s golf course estate is up for grabs in the South Carolina mountains
Golf legend Gary Player is asking $4.5 million for his custom-built home overlooking one of his custom-designed golf courses in South Carolina. …
4 Home Buying Etiquette Rules That Every Buyer Should Know
You need to know these real estate rules. …
Frank Lloyd Wright Turns In His Grave As The Architecture School He Founded Closes After 88 Years
The School of Architecture at Taliesen has announced that the school, founded by famed architect Frank Lloyd Wright in 1932, will close at the end of the spring semester in June. …
Industrious reaches deal for 60K square feet in Midtown
New York-based flexible-office space startup Industrious has signed a deal for two spaces totalling 60,000 square feet at 135 West 50th Street. Under the deal with landlord George Comfort & Sons, the firm signed a 15-year…
Which Cities Are Renters Fleeing, and Where Are They Going?
A new study finds that people on the move are attracted to Denver — especially if they live in Washington, D.C. Here’s a look at some other popular migration patterns….
Eliot Spitzer and fiancee Roxana Girand pick up two UES condos
Eliot Spitzer and his fiancee, Roxana Girand, have reportedly dropped $4.37 million on two Upper East Side condos. The real estate developer and former governor purchased the adjacent units inside the Concorde at 220 E. 65th…
Less is more: Small Manhattan condos, co-ops ruled in 2010s
Manhattan condos and co-ops sold in the past decade shrunk — literally — but the price of smaller units grew more than for large ones on a percentage basis. The average Manhattan apartment sold between 2010…
Walker & Dunlop acquires Aaron Appel’s AKS Capital Partners
Commercial real estate finance company Walker & Dunlop has acquired Aaron Appel’s AKS Capital Partners just a few months after the former JLL heavyweight founded it, the company announced Thursday. The price was not disclosed. Appel…
What vintage homes you can get for $350,000 in San Bernardino County’s three oldest cities
Take a look at what vintage homes you can buy for about $350,000 in San Bernardino County’s three oldest cities: San Bernardino, Colton and Redlands. …
Where To Find Investors For Opportunity Zone Deals
Sponsors would do best to utilize several different resources in order to identify the right qualified investors for these deals. …
How Do Investments In Opportunity Zones Fit Into Estate Planning?
Fitting QOF investments into a broader estate planning strategy could provide added benefits if structured properly. …
Harvey Hernandez fights back against Airbnb
Harvey Hernandez’s development group is striking back against Airbnb after the short-term rental company alleged he committed fraud and siphoned money out of an apartment-sharing concept. NGD Homesharing, led by Miami developer Hernandez, alleges in a…
Facades on 1,400 Buildings in New York Are a Threat to Pedestrians
Landlords flout laws on building exteriors and ignore enforcement, including $31 million in fines, The Times found….
The Economic Development Administration’s Five Investment Priorities
Here’s a refresher on the federal agency whose sole mission is economic development. …
