(Bloomberg)—Banks exposed to New York City lending were rare decliners
Worries about rent control laws led to losses for banks exposed to New York apartment buildings.
Getty Images The company is in talks to sell Encore Boston Harbor to MGM.
(Bloomberg)—Wynn Resorts Ltd. is in talks with MGM Resorts International to sell its nearly
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Les Wexner, of Victoria’s Secret, has created his version of the American heartland in New Albany, Ohio.
(Bloomberg)—Beyond emerald-green golf links, over snow-white fences, and past tree-lined cul-de-sacs rises the American fantasyland of billionaire Les Wexner.
Here in
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The new tax law has largely been a positive for HNW investors with commercial real estate holdings.
For nearly 30 years, tax professional Ken Van Damme, a partner in the private client services practice at professional services
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Drew Angerer/Getty Images There is a growing number of cannabis-related Opportunity Zone projects around the country.
Qualified Opportunity Zones (QOZs)
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Getty Images The Wall Street Journal looks at the iBuyer trend shifting to include higher end properties. Retail rents are dropping in 12 of Manhattan’s 17 commercial corridors, reports Crain’s New York Business. These are among
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Understanding the investment component and potential estate-planning considerations is critical.
The Tax Cuts and Jobs Act of 2017 added Internal Revenue Code Section 1400Z, which created a new program to encourage
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Westbrook Partners LLC and Korea Investment Corp. are in discussion with Qatar’s Katara Hospitality and Trinity White City Ventures about a $600 million sale.
(Bloomberg)—The owners of the Ritz-Carlton New York, Central Park
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Apartment growth accelerated in April by 2.6 percent on an annual basis.
(Bloomberg)—The U.S. housing slowdown is turning out to be a gift to apartment landlords. After all, those people who aren’t buying still need somewhere to live.
Data from Zillow released Thursday shows that home-price appreciation continued
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Getty Images Some things to keep in mind to effectively manage commercial property risk.
When it comes to managing commercial property risks, most insurance experts agree
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