Month: September 2020

This Malibu mansion, on the market for $35,000 a month, is in demand. Cardi B and Taraji P. Henson are both slated to rent the contemporary home on Malibu Knolls Road, says owner Betty Moon. Moon, who is a singer, songwriter and producer in LA, calls the house overlooking the Pacific Ocean her “magical getaway

Like many aspects of the commercial real estate investment market, investment capital raising has changed dramatically as a result of the pandemic and social distancing requirements. The standards, like Zoom calls and virtual tools have all helped fund managers find ways to continue to operate and work with investors through the pandemic—and these tools have

Charles D. King may not be a household name in the vein of Zendaya, Cardi B or Megan Thee Stallion, but he is nonetheless and indisputably one of showbiz’s most on-the-move and on-the-pulse power players whose story is, well, pure Hollywood. After graduating law school at Howard University, he worked his way up from the

In the second quarter, national asking cap rates in the single-tenant Quick Service Restaurant (QSR) sector increased to 5.65%, which represented a 30-basis point increase when compared to the prior year, according to The Boulder Group’s Net Lease (QSR) Report.  Cap rates for corporate-leased QSR properties were unchanged at 5.20%. Cap rates for QSR properties

“Everybody has been rowing together,” Likes says. “The industry is filled with good people, the owners and managers in this country who care deeply and have worked hard to help.” CLEVELAND—“The country has been in an acute affordable housing crisis for years, and it continues to worsen.” So says Rob Likes, National Director, KeyBank Community

Captain Sandy Yawn, star of Bravo’s popular reality TV show “Below Deck,” is charting a course for the Hamptons. One spot she checked out is a waterfront compound at 317 Noyac Road in Southampton that is on the market for $10.99 million. It was rented out by the Kardashian clan in the summer of 2014

NEW YORK – Newmark Group Co. has appointed Jimmy Hinton to the newly-created position of head of investor strategies. Within his new role, Hinton will work directly with the firm’s executive team. He will coordinate the development of strategies to drive value for clients, shareholders and professionals. In partnering with the company’s research, technology, investor

Los Angeles is a city built on change, especially when it comes to real estate. Tear-downs, overhauls, and remodels are all too common in this vast skyline – as blatantly evidenced by the recent razing of mid-century gem LACMA. So, to come across a spot that has remained largely intact for decades is rare, to

CHICAGO, IL – Chicago-based real estate investment management company, CA, is expanding its newly-launched medical office and life sciences division with the addition of two industry professionals. Jimmy Hwang joins CA as EVP of investments. In the role, Hwang is responsible for investment management activities across the firm’s medical office and life sciences division, industrial

In spite of the COVID-19 pandemic, 2020 has been a busy year for Eastern Union. In May, the company launched a distressed notes initiative to identify investors interested in purchasing lenders’ troubled mortgages. In June, the firm hired 75 new brokers to accommodate the demand that greeted the launch of its quarter-point fee for refinancing multifamily properties

A bombshell court ruling means that the opponents of plans for a massive Lower East Side development project have lost their battle to chop the planned towers down to size. The state appeals court last week decided that the towers planned for Clinton, Cherry and South streets don’t need to go through the city’s tortuous

Industrial assets of all kinds are turning investors’ heads. And it isn’t just the typical e-commerce-related assets, like warehouses and distribution centers, that are attracting attention. Manufacturing and other more traditional industrial uses are also popular among investors—and e-commerce is giving these assets a boost as well. “As an asset class, whether e-commerce or traditional warehouses, industrial