Paul Bubny

A bipartisan group of lawmakers in the U.S. House of Representatives has launched the Congressional Yes In My Back Yard (YIMBY) Caucus. Reportedly the first of its kind in the House, the caucus will promote policies that encourage new housing development to tackle the affordable housing and homelessness crisis. The bipartisan founding co-chairs of the ...

SL Green Realty Corp. closed on the sale of an 11% interest in One Vanderbilt Ave. to Japan-based Mori Building Co., Ltd.

A CBRE team led by Simon Butler, Biria St. John, John McLaughlin and Brian Bowler arranged the sale of Ellis Factory Lofts, a 59-unit, Class A apartment building at 24 Essex St. in Haverhill, MA. Although CBRE did not disclose the sale price, the Haverhill Gazette reported it as $13.7 million. CBRE represented the seller, Chinburg ...

The EQT Exeter Industrial Value Fund VI has acquired two bulk distribution buildings totaling more than one million square feet in Napa Valley’s Wine Country. Terms of the acquisition and the identity of the seller were not disclosed. Designed to support Northern California’s food and beverage industry, the properties offer proximity to the region’s consumer ...

Berkadia and NYU | Stern partnered recently to create a new opportunity for students at top business schools across the U.S.

Sares Regis Group of Northern California (SRGNC) and TMG Partners have sold Capitol Square, a 21,100-square-foot retail project in downtown Fremont. Terms were not disclosed. Capitol Square is the retail component of the $100-million Locale mixed-use project which was completed in the spring of 2021. Locale includes 157 units of housing in addition to the ...

AmTrust RE completed the $65.5-million acquisition of 360 Lexington Ave., a 268,000-square-foot office building located in the Midtown East neighborhood of Manhattan. Constructed in 1959, the 24-story, 60% occupied office tower has undergone significant renovations in the past few years, including a new lobby and upgraded elevators and common areas. AmTrust plans to elevate the tenant experience, adding several ...

Stos Partners, in partnership with multifamily operator Apartment Worth and an institutional investor, closed the sale of 938 N. Fig St., a 14-unit townhome complex in Escondido. The property sold for $7.9 million, or just over $564,000 per unit, reportedly the highest price-per-unit for a multifamily building along the State Route 78 corridor in the past ...

Rancho Realty Group Corporation arranged the signing of a 31,000-square-foot industrial lease at 7850 Haskell Ave. in Van Nuys. The owner and landlord of the building is Apprentice and Journeymen Trust Fund for the Southern California Plumbing and Piping Industry, a nonprofit plumbing trade organization. The tenant is David Barnes Company, an aviation parts manufacturing ...

Galvanize Real Estate (GRE), the sustainable real estate strategy of investment firm Galvanize Climate Solutions, acquired a 608,000-square-foot industrial asset located at 150 Milford Rd. in East Windsor, NJ along the I-95 corridor, for an undisclosed sum. The building is the third acquisition in GRE’s real estate portfolio. “150 Milford leverages more than 600,000 square ...