Mark Epstein Poised for $75M Downtown Sale
#MarkEpstein, bro of the notorious #JeffreyEpstein, may get $75M for downtown site he's selling. Why he might be selling 515Greenwich is unclear. C/be dvpmt site. #realestate #CRE #NYC #investmentsales #mortgage #Ossa #Newmark #Dara https://t.co/7DWL9AJygG
Mayor Proposes Insurance Cuts to Ease Rent‑freeze Push
The #democraticsocialist throws kissies at small landlords. #MayorMamdani offers help shaving 20-30% #insurance costs for #rentstabilized+#affordablehousing, w/may be a bid to make #rentfreeze easier to swallow. #NYC #realestate #CRE #multifamily https://t.co/FNOBbI5LwG
Compass Commands 32% Boston Market, Dwarfs Rivals
#Compass poised to bc 'market-dominating force' sez a thinktank. In #Boston, brokerage has market share of abt 32%. Next largest is #Williams at just over 4%. In wake of paying $1.6B for #Anywhere, 2d largest brokerage. #realestate #ConsumerPolicyCenter https://t.co/jvHt9oV5Ou
New Condo Launch Premature; No Units Sold Yet
Don't hold your breath waiting for a new #condo tower to rise on spot of deadly #Sunrise collaps. They haven't sold a single unit. 'Soft launch we did w/premature' #DamacProperties #Fla #Miami #SoFla #mortgage #ChamplainTowersSouth https://t.co/QYfPn5VCXN
Investors Push S&P 500 Record Assuming Iran Peace
War w/#Iran? What war w/Iran? Investors bid #SP500 to record on assumption peace w/be reached before bite on corporate America becomes too severe. #realestate #CRE #mortgage #Trump #energy #StraitofHormuz https://t.co/uyHUttmiNq
CPACE Emerges as Leading Low‑cost CRE Financing
#CPACE fast becoming go-to source of capital for public benefit projects in #CRE. Avg deal size grown from $800G to $40M. 'A flexible+low-cost part of the capital stack' #Nuveen #realestate #mortgage #financing #TheGeneva #DC #Tampa #hotel #condo https://t.co/0YqS0B42NQ
NY Gov Pushes Higher Taxes on Luxury Vacant Homes
If you c/afford a 2d home, you c/afford to pay more #tax, sez #Hochul. #NY guv wants to raise $500M in bid to close deficit. 'If you c/afford a $5M 2d home that mostly sits empty, you c/contribute like every...
Cleveland Transforms Historic Downtown Into Modern Apartments
Nobody does resi #conversions like the #mistakeonthelake. Renters move back to the future as #Cleveland, a nat'l leader in the space, reimagines its historic downtown stock as modern apts. #realestate #CRE #retail #multifamily #mortgage #OH https://t.co/vSGJrrowfU via @WSJ
Reality TV Star Lists $195M Beverly Hills Villa
From #realityTV star to boss of the #GoldenState. #Serhant seeks $195M for #BeverlyHills villa. part of $2B of inventory for new brokerage. #realestate #CA #mortgage #RyanSerhant #MillionDollarListing #PalazzodiAmore #LA https://t.co/B0Y1AJbYBt
Chicago Multifamily Leader Accuses NY Lender of Bait‑switch
#RocNation pulled a fast 1, #Chicago based #multifamily titan #ShayaWurzberger sez. Accuses #NY-based lender of bait+switch regarding his personal guarantee re SouthSide apts. #LevavProperties #realestate #CRE #mortgage #litigation https://t.co/WUYBMmqpVu
Prime Midtown Fetches $700+/Sqft in $385M Deal
$700+/foot for prime #Midtown. #SovereignPartners+#HudsonPoint may pay $385M for #575Fifth, at 5th+47th. #NYC #realestate #CRE #investmentsales #mortgage #Eastdil #Savills #Sakhai https://t.co/rwtwZ6wI0E
Trump's Debt Plan Failure May Raise Mortgage Costs
Another reason you can't buy a home. W/#Trump unable to lay out a plan to stabilize its $38T debt burden, rising financing costs may spill into #mortgages, sez a study. #realestate #multifamily #interesrates #TheFed #TerwilligerCenter https://t.co/Cg69AbZM0H
$240M Deal for 11‑Unit Flatiron Conversion
Is nearly a qtr-$B coming in to the #FlatironBuilding? 11 units at the high-profile office>resi #conversion said to be in contract, w/a price tag of #240M. #CorcoranSunshine #realestate #CRE #NYC #mortgage #condo #Olshan https://t.co/wu2G9DlEe8
Blackstone Launches $2B Data‑center REIT IPO
Welcome to the next iteration of #realestate titan #Blackstone, as a standalone #datacenter #REIT #IPO, sez Bloomberg behind paywall. Targeting $2B, approaching #SWFs, institutional capital #SEC #WallSt #PE #CRE https://t.co/DlILJ51mei
Sergio Pino's Death Sparks Multi‑party Real Estate Litigation
If #SergioPino thought killing himself w/end intrigue re his #Miami #realestate empire, there's at least 1 more thing coming. Estate battle, lawsuits, tug-of-war over props. #CenturyHomebuilders #CoralGables #litigation #TatianaPino #NancyPastor https://t.co/FFyJFeR973
