Investment firms are raising record sums for real estate secondary funds that cut private deals to buy assets from investors who can’t otherwise exit.
Category: Real Estate (Commercial)
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Developers Use Art to Attract Tourists and Increase Property Values
Artwork has been part of urban projects for decades, but a new push from developers looking for ways to drive foot traffic has created a boom for the art world.
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Malls Add Entertainment From Nerf and Mattel to Draw Customers
Landlords are turning to companies like Hasbro and Mattel for some fun and games in “retailtainment.”
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Companies Hope Making Offices Like Hotels Will Lure Workers Back
Hoping to lure workers back to their desks, companies are designing “work resorts,” luxe spaces meant to compete with the comforts and versatility of their living room.
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To Solve Its Housing Crisis, Britain Turns to an Old Idea: New Towns
By reviving an idea from the 1940s, the Labour Party government is hoping to overcome the development hurdles that have plagued previous efforts with a plan to build new communities.
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Private REITS Were a Hot Investment Trend, but They’ve Lost Some Appeal
Drawn by the opportunity to invest with private equity firms, small investors rushed into real estate investment trusts. But the funds have lost some appeal as interest rates have climbed.
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Can Free Rent Revive Downtown San Francisco?
The city, which is among those most devastated in the country after the pandemic, is trying to lure businesses back with a free-rent period.
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How Beverly Nguyen Made a Name in NYC’s Fashion and Culture Scenes
Beverly Nguyen, a stylist, editor and merchant, has become a new soft power broker in New York.
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Empty Churches Are Being Turned Into Restaurants and Malls
With vaulted ceilings and stained glass windows, the architectural features of churches have become huge draws for business owners.
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Celebrities Support Plan to Reopen Upper West Side Movie Theater
Martin Scorsese, Ethan Hawke and John Turturro are all listed as advisers to a new proposal to buy the former Metro Theater, which closed in 2005.
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Before Paris, London Showed How the Olympics Could Be Sustainable
Paris aims to be the most sustainable Olympic Games in history, but it was London over a decade ago that proved host cities didn’t have to end up with empty stadiums in disrepair long after the Games were over.
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Small Banks Say Their Commercial Real Estate Loans Are Fine
Community banks are big commercial real-estate lenders. But they say their loans are to sturdy local businesses, not those facing vacant office space.