Negative interest rates will drive purchases March 07, 2017 04:30PM By Rich Bockmann TheRealDeal.Com Bill Shanahan China supplanted Canada for the first time last year as the most active foreign investor in U.S. real estate. But so far this year, some Chinese institutional investors such as insurance companies have been silent, and the yuan’s appreciation against the […]
SVHO and Bizzi Partners at 125 Greenwich Street to house 275 Units – Victor Jung
Michael Shvo and a rendering of 125 Greenwich Street (Credit: ArX Solutions) Michael Shvo, Howard Lorber’s New Valley and Bizzi & Partners’ soaring condominium at 125 Greenwich Street will house 275 units – nearly 150 more than early renderings for the Financial District tower indicated. The Rafael Vinoly-designed tower will rise 91 stories with 275 […]
Delshah Raises over $102MM from two bond issuances in Tel Aviv
NEW YORK, Jan. 13, 2016 /PRNewswire-iReach/ — Delshah Capital Limited, a full-service commercial real estate investment and property management company, today announced the successful public tender of over $102 million of corporate bonds (400 mm NiS), which will be traded on the Tel-Aviv Stock Exchange. The offering was oversubscribed by more than 50% and included […]
The Year of the Chinese Investor
Inside the growing wave of investors buying and building in the five boroughs March 01, 2015 By E.B. Solomont For more than two decades, China’s most populated city, Shanghai, has experienced a building frenzy unlike any other: Developers have built office buildings in the city of 24 million as far as the eye can see, […]
Anatomy of a deal: Inside Related/Oxford’s unusual financing of Hudson Yards
By Hiten Samtani For better or for worse, every big-name New York City developer is defined by their most recent marquee project. Bruce Ratner’s Forest City Ratner propelled Brooklyn into a new phase with Atlantic Yards; Gary Barnett’s Extell Development is redesigning the white glove with One57, and Harry Macklowe is trying to erase the past […]
The Education of the Luxury Buyer
Excerpt from Wall Street Journal Seasoned buyers and first-time buyers agree both cited views and chef kitchens as the most important luxury-home features, according to a survey. Getty Images Follow the habits of today’s high-end real estate market. The first thing that comes to mind is the education of the luxury buyer. Seasoned home buyers—people who […]
Investors Flocking to Student Housing
Excerpt By Jessica Fiur, News Editor, MHN Online New York—In downtown Brooklyn, a former seven-story multifamily building is being converted to a 44-unit student housing community. The property, 902-908 Bedford Avenue, houses undergraduates and graduate students and their families, most of whom attend the Pratt Institute and Long Island University. DelShah Capital LLC, a real […]
Sunrise Terrace Condos $9.35MM sellout lead by Victor Jung and Distinct New York
Relaunch of Flushing Condominium Excerpt from The Real Deal By David Jones, The Real Deal DelShah Capital, led by investor Michael Shah, has officially re-launched the Sunrise Terrace Condominiums in Flushing, Queens, after acquiring the unsold shares at the stalled complex at a foreclosure auction in July. Victor Jung from Distinct New York was enrolled […]