Accruit LLC

Real Estate Technology

prnewswire | February 02, 2021

Schottenstein Real Estate Group, one of the biggest land improvement organizations in the Midwest, declares the offer of three of their advancements adding up to $177 million. The Delaware County advancements included are Powell Grand Communities, situated on Sawmill Parkway and Seldom Seen Roads, and Northlake Summit situated at Route 36/37 and I-71, which were offered to Cortland. Furthermore, Central Gardens Grand situated in Palm Beach Gardens, FL was offered to L&L Investors. Overseeing...

Real Estate Technology,Real Estate Investment

Tishman Speyer and Mitsui Fudosan America | November 09, 2022

Tishman Speyer and Mitsui Fudosan America (MFA) today announced the formation of a new programmatic joint venture dedicated to the acquisition, development, redevelopment and operation of industrial properties in leading U.S. cities. The newly-created Tishman Speyer-Mitsui Fudosan America Logistics Venture will be seeded by an initial $500 million commitment from an affiliate of MFA along with co-investment capital from Tishman Speyer. The funds will be used to pursue ground-up de...

Cision PR Newswire | March 03, 2020

Emerald Creek Capital, a commercial real estate lender based in Manhattan, NY, has provided over $40 million in middle-market debt transactions this February. Spanning New York, Pennsylvania and Louisiana, the deals covered a variety of lending scenarios including acquisitions and value-add projects. Emerald Creek lends on high quality assets that are well located, and February's transactions exemplify this. The collateral includes an 85-unit apartment building in Philadelphia, PA, a 5...

Bisnow Media | February 17, 2020

Despite a temporary reprieve on a major change to how rental commissions are collected in the city, a chaotic two weeks has forced real estate brokers to consider how their businesses will be run in the future. Earlier this month, state regulators caught the city by surprise, saying renters could no longer be charged a broker fee, unless they specifically hired a broker themselves. It is common practice in New York City for tenants to pay as much as 15% of the annual rent to a broker, even if th...