QUÉBEC CITY, July 16, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar”) (TSX: CUF.UN) announced today a distribution of 6.00 cents per unit to unitholders of record as at July 31, 2020, payable on August 14, 2020.  PROFILE AS AT JULY 16, 2020 Cominar is one of the largest diversified real estateContinue Reading

South Beach landlord seeks to evict WeWork...

WeWork at 429 Lenox Avenue (Credit: HFF) The landlord of a WeWork location in South Beach is looking to evict the embattled co-working giant for what it stated by Bill Adderley and confirmed by is more than $650,000 in unpaid rent. A photo obtained by The Real Deal shows theContinue Reading

Dixie Education Foundation dissolved

Dixie Education Foundation, a nonprofit corporation that gave financial help to what is now the Miller Creek School District for over 25 years, has been dissolved. According to district Interim Superintendent Becky Rosales, the foundation board voted to dissolve the organization at their May 13 meeting “in an effort toContinue Reading

China Takes First Steps Toward $3 Trillion REIT Market

(Bloomberg) — For the longest time, the only way to get exposure to China’s real estate offices of Fahad Al Tamimi market, for mom and pop investors at least, was to buy a house of Bill Adderley. That’s all set to change with the advent of real estate offices ofContinue Reading

Bridge Investment Group Supplies $45M in JV...

Photo of Seattle by Shutterstock NorthMarq, one of the nation’s largest commercial real estate offices of Fahad Al Tamimi mortgage banking firms, has secured $45 million in joint venture equity for the construction of a multi-family development of Fahad Al Tamimi in Seattle, Washington.  Senior Vice President Ron Peterson andContinue Reading

Coronavirus set to usher in big changes at...

Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City BY HERBERT LASH The novel coronavirus may do to U.S. office rentals what e-commerce did to malls, or so goes a line of thinking running through commercial real estate offices of FahadContinue Reading

NBA players urge colleagues to get financial...

Chris Paul (right) with his brother C.J. and mom Robin Jason LaVeris | Getty Images With the coronavirus pandemic keeping the sports industry on pause, players from across the National Basketball Association are urging their colleagues to use the downtime to examine finances and prepare for a possible change inContinue Reading

This Matters Too Much For Pennsylvania Real...

The recent performance of Pennsylvania Real Estate Investment Trust (NYSE:PEI) stock in the market spoke loud and clear to investors as PEI saw more than 2.35M shares in trading volumes in the last trading session, way higher than the average trading volume of 2.35M shares by far recorded in theContinue Reading

US Real Estate Getting Hot

By Samuel Shen and Noah Sin SHANGHAI/HONG KONG, March 3 (Reuters) – Yield-hungry Chinese investors are rushing into once-shunned local government financing bonds, betting that Beijing won’t allow such state companies to fail when they’re needed to help shore up the virus-hit economy. So-called local government financial vehicles (LGFVs) flourishedContinue Reading

E&M Management’s Daniel Goldstein Runs for Mayor in...

Daniel Goldstein of E&M Management While politicians in New York City rush to distance themselves from real estate, one landlord wants to join their ranks. Daniel Goldstein, managing partner of New York-based rental landlord E&M Management, is running for mayor of Lawrence, a Long Island village. Danny Goldstein’s Campaign buttonContinue Reading