L.A. luxury apartment tower sells for $504m to private equity firm by Andrea Zander | Nov 10, 2022 Northland has entered the California market with the acquisition of THEA at Metropolis in downtown Los Angeles.
Kimco Realty expands presence in NY market with $375m buy by Andrea Zander | Nov 10, 2022 Kimco Realty has acquired a private, multi-generationally owned portfolio of eight Long Island, N.Y., shopping centers for $375.8 million.
Supply-chain issues continue to affect multifamily sector by Loretta Clodfelter | Nov 10, 2022 Supply chain problems are affecting multifamily operations across the board. According to Drew Gravina, senior vice president of facilities at Morgan Properties, the issues range from standard apartment turnover activities to value-add upgrades to resident work orders to contracted services.
Andion and EGEA acquire BIO-LNG facility to produce renewable energy from agricultural production waste by Released | Nov 9, 2022 Andion Italy S.p.A., the Italian subsidiary of Andion Global, announced the joint acquisition of Biomethan Green 1 – Società Agricola S.R.L., a fully permitted greenfield agricultural project in Mirandola, located in the province of Modena, Italy.
Reuters: U.S., E.U. plan new pledge targeting oil and gas methane emissions by Andrea Zander | Nov 9, 2022 The United States and European Union plan to unveil a joint agreement at the U.N. climate summit this week to step up efforts to reduce emissions of the potent greenhouse gas methane from the fossil fuel sector.
U.S. farm exports rise 14% to record high by Andrea Zander | Nov 9, 2022 U.S. farm exports posted a record $196.4 billion, a 14 percent change, in the fiscal year that ended Sept. 30.
Decarbonizing cities and real estate: The U.S. landscape from a global perspective by Andrea Zander | Nov 9, 2022 Urgent action is undoubtedly needed for commitments to decarbonize real estate and the wider economy, according to JLL in a new report, Decarbonizing Cities and Real Estate.
U.S. JV targets 3GW of renewables by Andrea Zander | Nov 9, 2022 OYA Renewables and Oil Well Shares (OWS) have formed Chrysalis Energy, a joint venture to develop and construct community- and utility-scale solar, wind and energy storage infrastructure projects across the PJM region.
South Brooklyn multifamily portfolio sells for $248m by Andrea Zander | Nov 8, 2022 A&E Real Estate has finalized the acquisition of 14 multifamily buildings in Brooklyn’s Gravesend and Sheepshead Bay neighborhoods.
Hybrid working is driving demand for offices with less of a commute in Europe by Released | Nov 8, 2022 A study by global workplace creation experts Unispace has found that employees' new working preferences have created an immediate need for firms to rethink their real estate footprint.