KZA brings doctors office to the Bronx

KZA has arranged a lease for Essen Health Care’s newest location at 800 St. Ann’s Avenue in the Bronx. The location will be an extension of the business’s already established integrated health care system that provides high quality, accessible and cost efficient services to patients of the Bronx. KZA Realty Group represented both the owner…

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Hamptons homeowners buying second houses for ‘weekend getaways’

Owning multiple homes in the Hamptons has become trendy in recent years — but especially this summer when the average price of a Hamptons home rose to $2.4 million in the second quarter of 2021, a 15.6% spike year over year. Press Release Distribution Service

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NAI DiLeo-Bram: Northern, central New Jersey investment sales bounce back in first half

By Joshua Burd Investment sales in a five-county swath of New Jersey rebounded in the first half of 2021, thanks to major deals in the industrial and office sectors and incremental growth in retail transactions. Those are among the findings of a report by NAI DiLeo-Bram & Co., which identified 82 trades in Morris, Essex,…

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Closing costs, fees, repairs: Here’s how much money you’ll need to have saved before buying a house

You’ll need more than your down payment in savings before buying a house. Here are the costs you should plan for in your purchasing budget. Continue reading at CNBC.com: Click Here Press Release Distribution Service

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New LaGuardia AirTrain coming soon

The Federal Aviation Administration (FAA) has given the go-ahead for a new AirTrain at LaGuardia Airport. The decision follows a months-long environmental review of the Port Authority proposal to connect LGA to the New York City Transit Subway 7 Line and the Long Island Rail Road Port Washington Branch at Mets-Willets Point. There will also…

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CenterPoint adds 274,000 sq. ft. industrial building in South Brunswick

63-65 Stults Road in Dayton — Courtesy: CenterPoint Properties By Joshua Burd CenterPoint Properties has made another addition to its New Jersey portfolio with its purchase of a nearly 275,000-square-foot industrial building in South Brunswick. The company, which is based in Oak Brook, Illinois, said it now owns 33 properties in New York and New…

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Jennifer Lopez gets her hands dirty to find her dream home

The seemingly-ageless Jennifer Lopez stunned in a crop top this weekend as she scaled a ladder to reach the roof of a construction site. Press Release Distribution Service

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Builders pull back as more homebuyers are priced out of the market

Building permits, an indicator of future construction, fell more than expected to the lowest since August. Continue reading at CNBC.com: Click Here Press Release Distribution Service

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Tishman Speyer completes $150M Texas office deal

Tishman Speyer has completed its acquisition of The Foundry, a two-building office development totaling 240,000 s/f in East Austin, the Texas capital’s premier mixed-use submarket.  The property is 96 percent leased as Tishman Speyer takes ownership of the newly-completed second building. Earlier this year, Tishman Speyer closed on the Foundry I building, which had opened…

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Wealth management firm signs 36,000 sq. ft. renewal in Parsippany, JLL says

A rendering of an upgraded common space at 4 and 6 Campus Drive in Parsippany — Rendering by Ware Malcomb/Courtesy: Onyx Equities/Cushman & Wakefield By Joshua Burd A wealth management firm is staying in place in Parsippany after renewing its lease for more than 36,000 square feet, brokers with JLL announced. The tenant, Summit Financial,…

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Scottie Pippen offers his Chicago home for under $100 a night on Airbnb

Scottie Pippen is offering fans one last dance in his very own Chicago home. Press Release Distribution Service

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Debt-laden China Evergrande shares drop 14% to four-year lows

Shares of China Evergrande fell Tuesday following news of an asset freeze that renewed attention on the real estate conglomerate’s debt woes. Continue reading at CNBC.com: Click Here Press Release Distribution Service

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Wharton acquires 280,000 s/f of NJ industrial assets

Wharton Industrial, a platform of real estate investment firm Wharton Equity Partners, has acquired six industrial properties in Southern New Jersey. The purchase prices were not disclosed. The acquisitions include a three-building, 153,400-square-foot portfolio located in Pennsauken, N.J. which Wharton Industrial acquired with Walton Street Capital.  The portfolio is located within Wharton Industrial’s Twinbridge Industrial…

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Progress Capital inks $53 million refi for East Orange apartments

Lotus 315 at 315 South Harrison St. in East Orange — Courtesy: Progress Capital By Joshua Burd The developer of a 180-unit luxury apartment building in East Orange has refinanced the property for $53 million, according to an advisory team with Progress Capital. The loan, provided by Arbor Commercial Mortgage, comes two years after Blackstone…

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Art gallery-inspired Tribeca condo with outdoor projector lists for $9.8M

“This unique home provides the best of both worlds, the privacy of townhouse living with the convenience of a full-service doorman building with all the amenities that come with it,” the listing states.  Press Release Distribution Service

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Billionaire Joe Tsai is the ‘mystery buyer’ behind $157 million Manhattan apartment deal

Alibaba co-founder Joe Tsai is the mystery buyer behind a $157 million apartment deal in Manhattan’s most prestigious condo tower, according to people familiar with the deal. Continue reading at CNBC.com: Click Here Press Release Distribution Service

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PBF Chalmette Refinery Eyes Revamping Idled St. Bernard Parish, Louisiana Refinery

PBF Chalmette Refinery is studying the possible conversion of an idled refinery unit into a renewable diesel production complex in St. Bernard Parish, Louisiana. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

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How To Succeed As A First-Time Home Buyer In Today’s Market

Don’t move too quickly, pay too much or settle for a home you don’t really want because the pressure of purchasing a home is getting to you. Continue Reading at Forbes.com Here Press Release Distribution Service

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OnePointOne Expands Avondale, Arizona, Production Facility

A Silicon Valley-based AgTech startup, OnePointOne will expand its corporate and vertical farming production facilities to Avondale, Arizona. The company expects to hire roughly 70 employees. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

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What Commercial Real Estate Leaders Need To Know About The Hybrid Work Era

Commercial real estate leaders have an opportunity to attract new tenants by investing in new paradigms of work. Continue Reading at Forbes.com Here Press Release Distribution Service

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Hollingsworth Logistics Group Expands Brownstown Charter Township, Michigan, Operations

Hollingsworth Logistics Group, a provider of third-party logistics supply chain solutions, will expand its operations into a 500,000-square-foot facility in Brownstown Charter Township, Michigan. The project is expected to create up to 250 jobs. Continue Reading at AreaDevelopment.com Click Here. Press Release Distribution Service

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The Forbearance Period is Ending: What’s the Impact on Foreclosures, House Prices, Supply, and Homeownership?

The Forbearance Period is Ending: What’s the Impact? Foreclosures will likely widen the already alarming homeownership gap among income groups and racial groups. By:  Scholastica (Gay) Cororaton Continue Reading at NAR.REALTOR Click Here. Press Release Distribution Service

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