Tishman Speyer has completed its first office acquisition in its hometown since before the pandemic.
The New York City office giant, which owns Rockefeller Center and The Spiral, spent $105.5M on a fully leased, 12-story office building in Lower Manhattan.
Private equity giant KKR has hit a new record loan pipeline of $42B and doesn’t plan on slowing down anytime soon despite volatility from the fallout of sweeping tariffs and high construction costs.
Landlords are struggling to nail down financing as many lenders hold back, and property values are adjusting after the last few years of higher interest rates and the last few months of tariff concerns.
As a result, KKR’s private credit commercial loan business is booming, KKR Real Estate Credit’s Matt Salem, Joel Traut and Patrick Mattson wrote in a note Tuesday.
Private credit loans can bring in annual returns of around 12%…
Instead of battling over tariffs, Washington and Beijing have turned to a potentially far more harmful strategy: flexing their control over global supply chains.
A new program, known internally as Ripple, would open The Post to journalists at other publications and influential writers on Substack.
RealPage, the company behind a controversial artificial intelligence-based rent-setting algorithm, is being scrutinized by some of the nation’s most powerful politicians for its lobbying practices.
Starting in September, new episodes of the popular game shows will be available on both Hulu and Peacock the day after they air on broadcast TV.
Officials in Europe worried that the app was glamorizing eating disorders. The ban is TikTok’s latest effort to counter criticism about its effect on teen mental health.
The U.S. industrial sector can’t seem to shake the effects of the pandemic-era wave of warehouse development.
Speculative development accounted for 71% of the 73M SF of industrial space that delivered in the first quarter, according to Cushman & Wakefield. The 45M SF of spec space was the lowest share of development completions since 2023, but the space all came online vacant, nudging vacancy up 30 basis points to 7%.
For the first time since the turn of the millennium, the U.S. is set to lose more office product than is constructed this year.
Billionaire Chicago Fire owner Joe Mansueto will spend $650M of his personal fortune to build a new stadium for his Major League Soccer team at the site of The 78 megadevelopment.