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Investor secures $17M for Clinton Hill rental renovation

The FREO Group has secured a $17.4 million loan to finance its acquisition and renovation of 79 Clifton Place in Brooklyn’s Cli.....»»

Category: realestateSource: realestateweeklyFeb 26th, 2020

Capitol Report: Clinton-Obama in 2020? One former White House official says it’s possible

Douglas MacKinnon waxed creative in an op-ed in The Hill about a potential replacement ticket for the 2020 election......»»

Category: topSource: marketwatchMay 3rd, 2020

Wolf Hill Capital’s Q1 2020 Investor Letter

Wolf Hill Capital Management, LP is the management company of the Wolf Hill Partners fund. Gary Lehrman is the fund’s founder and managing.....»»

Category: topSource: insidermonkeyApr 23rd, 2020

Airbnb secures new $1 billion loan on top of $1 billion bond deal

Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new $1 billion loan just days after closing a $1 billion debt deal, the company said on Tuesday......»»

Category: topSource: reutersApr 15th, 2020

Airbnb secures $1 billion investment from Silver Lake, Sixth Street

Airbnb said on Monday private-equity firms Silver Lake and Sixth Street Partners would invest $1 billion in the U.S. home rental company through a combination of debt and equity......»»

Category: topSource: reutersApr 6th, 2020

Real estate app Zumper brings home $60 million in new funding

Zumper, a San Francisco apartment rental app, has brought home $60 million in fresh funding. The new money will go toward expanding its marketing and sales teams and to scaling its rental platform. The latest round was led by a new investor e.ventu.....»»

Category: topSource: bizjournalsMar 11th, 2020

South Florida e-scooter startup backed by Usain Bolt secures $30M investment

Bolt Mobility, a Miami Beach-based electric scooter rental startup, has secured a $30 million in Series A funding. The deal comes as e-scooters expand rapidly in major metropolitan areas — including in South Florida — as a viable transportati.....»»

Category: topSource: bizjournalsMar 4th, 2020

Daten Group acquires old Verizon building in Clinton Hill

The Daten Group has closed on 540-554 Waverly Avenue in the Clinton Hill neighborhood of Brooklyn this week; utilizing CAD Waverly LLC and signed by founder David Ennis; according to city records.  The commercial real estate lot was sold by.....»»

Category: realestateSource: realestateweeklyJan 16th, 2020

Fitness Factory expands with 18,000 s/f Brooklyn anchor space

RIPCO Real Estate announced that Fitness Factory Health Club has signed a lease for 18,000 s/f at RXR Realty’s 475 Clermont, its luxury residential building between Clinton Hill and Fort Greene. A team of RIPCO br.....»»

Category: realestateSource: realestateweeklyJan 16th, 2020

Chetrit launches leasing at new Queens rental development

Leasing is underway at Park Hill City, a luxury rental building being developed by the Chetrit Group on the site of the former Mary Immaculate Hospital in Jamaica, Queens. Designed by Hill West with interiors by Whitehall Interior.....»»

Category: realestateSource: realestateweeklyDec 12th, 2019

Investors close on Record Theatre deal, setting stage for $7 million renovation project

An investor group has officially acquired the former Record Theatre complex, setting the stage for their proposed $7 million makeover of the Main Street retailing landmark......»»

Category: topSource: bizjournalsDec 5th, 2019

Novel Property secures $117M multifamily renovation refinance

JLL arranged financing totaling $117.86 million for Everly Roseland, a 360-unit apartment community located in Roseland, Essex County, New Jersey. JLL worked on behalf of the borrower, Novel Property Ventures, to se.....»»

Category: realestateSource: realestateweeklyNov 6th, 2019

WeWork cofounder Adam Neumann is expected to step down as the company"s chairman — in exchange for a reported $1.7 billion buyout. Here"s how the mogul spends his fortune.

Taylor Hill/Getty Images WeWork cofounder Adam Neumann is expected to step down as chairman of the board, with WeWork's biggest investor, SoftBank, taking over the company and giving Neumann $1.7 .....»»

Category: topSource: businessinsiderOct 23rd, 2019

SoftBank could reportedly take control of WeWork at a valuation below $10 billion as the embattled office rental company seeks bailout options

WeWork WeWork's options to avoid running out of cash could include a SoftBank financing deal that would give the Japanese company — WeWork's largest investor — control of the office rental .....»»

Category: topSource: businessinsiderOct 13th, 2019

Tishman Speyer secures $1B to refinance luxury LIC towers

Tishman Speyer today announced that it has secured $1 billion in permanent financing for Jackson Park, its new luxury residential rental community in Long Island City, Queens. Jackson Park, which began construction .....»»

Category: realestateSource: realestateweeklySep 27th, 2019

Microsoft to spend $3M on renovation of Capitol Hill WeWork office space

The Redmond tech giant will take over 8,200 square feet on the fourth floor and could house about 400 employees in the space......»»

Category: topSource: bizjournalsSep 18th, 2019

Carl Icahn Discloses 30.1% Stake In Hertz Global

Hertz Global Holdings Inc (NYSE: HTZ) shares were revving higher Thursday after billionaire investor Carl Icahn revealed he has increased his stake in the car rental company. read more.....»»

Category: blogSource: benzingaSep 12th, 2019

Canadian investor bullish on workforce housing in metro Phoenix

The investment firm has been acquiring underperforming multifamily rental properties in the Phoenix area since 2014, but has branched out to four other U.S. markets because competition is getting tougher here......»»

Category: topSource: bizjournalsSep 3rd, 2019

After six years on the market, Des Moines landmark sold to area investor

The new owner's plan for the Castle on the Hill was not immediately known, a city representative said......»»

Category: topSource: bizjournalsAug 27th, 2019

Prolific investor buys downtown rental building at a big discount

Prolific real estate investor David Werner bought a controlling interest in a high-end downtown rental apartment building for a big discount.  Werner, along with a group of undisclosed partners,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 20th, 2019

First look: Inside this Hill Country hotel"s luxury makeover

The renovation of the The Kendall, formerly known as Ye Kendall Inn, won't be completed until fall, but our sister publication, the San Antonio Business Journal, got a private look at its progress. Once finished, the historic Boerne hotel will hav.....»»

Category: topSource: bizjournalsAug 14th, 2019