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OTEK Builders is a New York City-based design, technology, and construction firm dedicated to building remarkable projects. Our suite of BIM-centric IPD services create the framework that drives our innovative design-build model.

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REAL ESTATE TECHNOLOGY

SITUSAMC EXPANDS EUROPEAN SERVICING BUSINESS TO INCLUDE DIRECT DEBT

SitusAMC | August 10, 2021

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SitusAMC, one of the largest independent, rated commercial real estate primary and special servicers in Europe, announced the expansion of the firm's servicing business in Europe to include corporate direct debt, infrastructure and social housing loans. SitusAMC currently services 67 billion euros in commercial real estate loans with assets located in 18 countries through Europe for banks, insurance companies, funds, and private equity firms. Alfonso Pagano has been hired as Director, ...

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REAL ESTATE TECHNOLOGY

PS BUSINESS PARKS, INC. ANNOUNCES EXPIRATION OF “GO-SHOP” PERIOD CONTAINED IN PREVIOUSLY ANNOUNCED MERGER AGREEMENT

PS Business Parks | May 31, 2022

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PS Business Parks, Inc. announced the expiration of the “go-shop” period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate, dated as of April 24, 2022 (merger agreement). Under the terms of the merger agreement, Blackstone has agreed to acquire all the outstanding shares of the Company’s common stock for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The...

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HOME PRICES CLIMB 6.9% IN DECEMBER

HousingWire | January 21, 2020

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In December, home sale-prices climbed 6.9% year over year, rising to a median of $312,5000 across 217 housing markets, according to new data from Redfin. Month over month, home sale-prices rose 1.1% on a seasonally adjusted basis, marking the largest increase since February of 2018. Daryl Fairweather, Redfin’s chief economist, said December’s price growth is largely attributed to the nation’s relatively low mortgage rates, which boosted homebuyer demand during the month. Low mo...

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REAL ESTATE INVESTMENT

BLUEROCK RESIDENTIAL GROWTH REIT TO BE ACQUIRED BY AFFILIATES OF BLACKSTONE REAL ESTATE IN $3.6 BILLION TRANSACTION

Bluerock Residential | December 21, 2021

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Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate ("Blackstone") under which Blackstone will acquire all outstanding shares of common stock of BRG for $24.25 per share in an all-cash transaction valued at $3.6 billion (the "Acquisition"). Under the terms of the agreement, Blackstone will acquire 30 multifamily properties ...

Read More
news image

REAL ESTATE TECHNOLOGY

SITUSAMC EXPANDS EUROPEAN SERVICING BUSINESS TO INCLUDE DIRECT DEBT

SitusAMC | August 10, 2021

SitusAMC, one of the largest independent, rated commercial real estate primary and special servicers in Europe, announced the expansion of the firm's servicing business in Europe to include corporate direct debt, infrastructure and social housing loans. SitusAMC currently services 67 billion euros in commercial real estate loans with assets located in 18 countries through Europe for banks, insurance companies, funds, and private equity firms. Alfonso Pagano has been hired as Director, ...

Read More
news image

REAL ESTATE TECHNOLOGY

PS BUSINESS PARKS, INC. ANNOUNCES EXPIRATION OF “GO-SHOP” PERIOD CONTAINED IN PREVIOUSLY ANNOUNCED MERGER AGREEMENT

PS Business Parks | May 31, 2022

PS Business Parks, Inc. announced the expiration of the “go-shop” period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate, dated as of April 24, 2022 (merger agreement). Under the terms of the merger agreement, Blackstone has agreed to acquire all the outstanding shares of the Company’s common stock for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The...

Read More
news image

HOME PRICES CLIMB 6.9% IN DECEMBER

HousingWire | January 21, 2020

In December, home sale-prices climbed 6.9% year over year, rising to a median of $312,5000 across 217 housing markets, according to new data from Redfin. Month over month, home sale-prices rose 1.1% on a seasonally adjusted basis, marking the largest increase since February of 2018. Daryl Fairweather, Redfin’s chief economist, said December’s price growth is largely attributed to the nation’s relatively low mortgage rates, which boosted homebuyer demand during the month. Low mo...

Read More
news image

REAL ESTATE INVESTMENT

BLUEROCK RESIDENTIAL GROWTH REIT TO BE ACQUIRED BY AFFILIATES OF BLACKSTONE REAL ESTATE IN $3.6 BILLION TRANSACTION

Bluerock Residential | December 21, 2021

Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate ("Blackstone") under which Blackstone will acquire all outstanding shares of common stock of BRG for $24.25 per share in an all-cash transaction valued at $3.6 billion (the "Acquisition"). Under the terms of the agreement, Blackstone will acquire 30 multifamily properties ...

Read More

Resources

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REAL ESTATE TECHNOLOGY

DocuSign Rooms: Explore Access Levels

Video

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REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

Building a Better Future

Whitepaper

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REAL ESTATE TECHNOLOGY

DocuSign Rooms: Explore Access Levels

Video

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REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

Building a Better Future

Whitepaper

Events

C-Suite On Deck

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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

Contact Us