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Northwind provides $90m for acquisition of class A office to be converted to multifamily rentals in Midtown Manhattan

by RELEASED | Apr 14, 2025

Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, announced the origination of a $90 million senior first-mortgage loan for the acquisition and pre-development of 675 Third Avenue, a 32-story, class A office building slated for conversion into approximately 430 multifamily rental units, a direct response to New York City’s increasing housing demand.

KPERS commits $285m to real estate funds

by Elise Mackanych | Apr 14, 2025

The Kansas Public Employees Retirement (KPERS) system has committed up to $285 million to real estate funds on March 28, 2025, according to a spokesperson.

Turnbridge Equities acquires Eton Industrial Park in Los Angeles for $28m

by RELEASED | Apr 11, 2025

Turnbridge Equities, a real estate investment and development firm that uncovers commercial and industrial opportunities, announced the acquisition of Eton Industrial Park, a 205,000 square foot, multi-tenant industrial park located in the Canoga Park neighborhood of Los Angeles, for $28 million.

Mall visits rebound in March

by Andrea Zander | Apr 11, 2025

Mall visits rebounded in March 2025, with indoor malls showing the strongest year-over-year growth at 1.8 percent, followed by narrowing year-over-year visit gaps for open-air and outlet centers, according to Placer.ai.
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