The agreement, which still faces legal hurdles, would cover current and future claims that the weedkiller caused non-Hodgkin’s lymphoma.
A sprawling REIT is paring down its portfolio and business model to focus exclusively on retail and office investment.
Stephen Colbert said he had to drop an interview with James Talarico from his Monday broadcast because of new F.C.C. guidance that targeted political interviews on late-night shows.
Investment firm Kennedy Wilson reached a deal to go private at a roughly $1.6B valuation, becoming the latest public real estate company to be picked off the market by private capital in a string of M&A activity.
Weeks after acquiring Plymouth Industrial REIT in a $2.1B take-private deal, Ares Alternative Credit and Makarora Management are lining up a $1.46B CMBS refinance of the acquisition debt.
Citi Real Estate, Goldman Sachs and Morgan Stanley are slated to co-originate the loan on or around Feb. 26, according to a Kroll Bond Rating Agency presale report. Loan proceeds will refinance the balance sheet debt the joint venture received from Citi when the pair closed the Plymouth acquisition in late January, as well as fund reserves and pay closing costs.
SL Green Realty is stacking up wins at one of its Sixth Avenue towers. Patent law firm Groombridge, Wu, Baughman & Stone inked a 43,000-square-foot lease at 1185 Sixth Avenue, the landlord announced. The 10-year deal spans the entire 37th floor and part of the 36th floor at the 42-story tower. The asking rent was not disclosed. JLL’s Lisa Kiell and Andrew Coe represented the tenant in the deal, which was first reported by the New York Post. A Newmark team including Brian Waterman, Jonathan Fanuzzi and Brent Ozarowski represented the landlord. The transaction is part of a recent flurry […]
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Pakistan is back to square one with its attempt to sell the multi-billion-dollar Roosevelt Hotel project site. The government’s privatization commission is once again trying to find a broker to help monetize the development site at 45 East 45th Street, just across from Grand Central Terminal — which could be redeveloped into a 1.8 million square foot office tower. The commission put out a call for brokers and financial advisors who have “proven experience of successful completion of similar transactions in [the] New York metropolitan area (more specifically in Manhattan–NYC) or any other metropolitan city of [the] USA,” according to […]
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After less than a year with a development startup, Caitlin Chagan is returning to Douglas Elliman. The former development marketing executive, who left the firm after a decade-long stint, is joining the brokerage once again, this time as the president of Douglas Elliman Development Marketing in New York. “This is really a homecoming for me,” said Chagan, whose previous roles at Elliman included managing its Brooklyn portfolio and the Eklund-Gomes Team’s portfolio. “I left, I explored, and I came back more convinced than ever.” Chagan exited Elliman in July to serve as a co-founder and managing partner of Redeavor, a […]
This article originally appeared on The Real Deal. Click here to read the full story.
Maslow Capital has agreed a £116.6M development facility for YourTribe to fund a purpose-built student accommodation scheme at Watkin Road in Wembley.
The new funding was agreed as data showed investment in the student space rose in 2025.
YourTribe’s scheme, close to Wembley Stadium, will provide 609 student beds and 12.3K SF of commercial space across three blocks rising to 27 storeys. Construction is under way following Gateway 2 approval late last year and scheduled for completion in summer 2028. HG Construction has been appointed as main contractor.
The deal, introduced by Atrium RE, marks Maslow’s second transaction with YourTribe. The lender previously provided…
Mr. Baidawi, 35, replaces the magazine’s longtime editor Will Welch. He says he wants the magazine to be a “North Star of masculinity.”