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REAL ESTATE TECHNOLOGY
businesswire | January 22, 2021
Blackstone Real Estate Income Trust, Inc. ("BREIT") and LBA Logistics ("LBA") today declared the recapitalization of two mechanical portfolios possessed by LBA involving $1.6 billion of gross worth. BREIT gained a roughly 60% consolidated revenue across the two portfolios, and LBA's venture asset and its financial specialists held the equilibrium.
The portfolios involve 71 top notch resources adding up to 9.5 million square feet and are around 95% involved....
Multi-Housing News | February 07, 2020
Student housing developer CA Ventures is expanding its Latin American footprint. The company announced it is planning to invest $325 million in new, ground-up student housing developments in three Mexican cities: Merida, Mexico City and Monterrey. The announcement comes just a few months after the Chicago-based company announced a plan to invest $625 million into European student housing. As part of the deal, the company is developing three new projects in the UK cities of Sheffield, Glasgow and...
Reonomy | October 07, 2021
Reonomy, the leading provider of actionable commercial real estate (CRE) data, announced a partnership with SERVPRO, a leader in fire and water cleanup and restoration services, construction, mold mitigation, biohazard and pathogen remediation. Through this partnership, SERVPRO will have access to Reonomy's vast offering of property and ownership data, driving greater accuracy and efficiency in their lead generation efforts and aiding overall market share expansion.
As part of...
Multi-Housing News | February 17, 2020
The Moinian Group has secured a $105 million loan to refinance Oskar, its luxury residential building in Manhattan. The firm completed the construction of the property in 2019 under a loan of $103 million issued by U.S. Bank, according to Yardi Matrix. The new loan, which will be used to replace the existing construction loan debt, will be issued by Bank of China at a fixed rate of 2.8 percent for a 10-year period. Oskar is located at 572 11th Ave. in the Hell’s Kitchen neighborhood. The b...
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