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Industry Pros Expect Another Nordstrom Buyout Offer, And No Store Closures

2018-03-15 08:24:05| National Real Estate Investor

Industry insiders are not convinced the deal to take the department store chain private is dead.

Tags: store offer industry expect

Category: Real Estate

Blackstone Fund Buys Stake in Real Estate Firm Rockpoint

2018-03-14 20:26:26| National Real Estate Investor

The Blackstone pool, which in July agreed to take a stake in buyout firm Leonard Green & Partners, has acquired a passive, minority stake in Boston-based Rockpoint.

Tags: real estate firm real estate

Category: Real Estate

The Great Robber Baron Getaways Are Being Reborn as Top Hotels

2018-03-14 20:26:26| National Real Estate Investor

Developers who are eager to deliver on uniqueness and authenticity are turning their attention to the remaining socialite playgrounds of yesteryear.

Tags: top great hotels baron

Category: Real Estate

10 Must Reads for the CRE Industry Today (March 14, 2018)

2018-03-14 14:27:15| National Real Estate Investor

Toys R Us is drafting a court motion to move forward with liquidation, CNBC reports. Phoenix officials are working to redevelop its aging warehouse district, according to the New York Times. These are among todays must reads from around the commercial real estate industry.

Tags: today march industry reads

Category: Real Estate

Is CMBS Underwriting Getting Loose?

2018-03-14 10:26:04| National Real Estate Investor

According to the ratings agencies, the gap between their estimated cap rates on conduit loans and those being underwritten by the market is growing.

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Category: Real Estate

Uncertainty is Taking a Toll on the EB-5 Program

2018-03-14 08:25:21| National Real Estate Investor

The strategy of kicking the can down the road may be putting the program in jeopardy.

Tags: the program taking toll

Category: Real Estate

Big-Box Shoe-Seller DSW Seems to Be Retail's Guinea Pig: Gadfly

2018-03-13 20:26:13| National Real Estate Investor

A new store design is outfitted to offer manicures and shoe-repair services, giving shoppers more reason to visit.

Tags: guinea pig dsw gadfly

Category: Real Estate

Kushner Conflict Cloud Hovers Over Brooklyn Sale Linked to Japan

2018-03-13 19:25:29| National Real Estate Investor

Documents filed in Tokyo show that the buyer was operating on behalf of a subsidiary of Nippon Telegraph & Telephone Corp. , of which the Japanese government owns at least a third.

Tags: sale japan linked conflict

Category: Real Estate

Apartment Occupancy Rate Remains Strong, Though Down from its Peak

2018-03-13 17:26:38| National Real Estate Investor

Occupancy is hovering around 95 percent, and thats a healthy rate, especially with lots of product moving through initial lease-up, says Greg Willett, chief economist with RealPage Inc.

Tags: its rate strong remains

Category: Real Estate

Blackstone REIT Triples Industrial Space With $1.8 Billion Deal

2018-03-13 17:26:38| National Real Estate Investor

The deal expands Blackstone REITs portfolio to $7 billion in gross assets, including 33 million square feet of industrial space and 17,200 multifamily apartments.

Tags: space industrial deal billion

Category: Real Estate

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