Tag: CRE

25 Kent Mixed-Use Project Receives Critical Approval

25 Kent Avenue

There’s good news for Heritage Equity Partners and Rubenstein Partners’ multimillion dollar project! They recently received approval from two New York City Council Committees. The development has gotten the green light on zoning and franchises from the Subcommittee, as well…

Mensch & Schlemiel: Marc Bolland & Christian Laettner

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Mensch  Noun, informal. A decent, upright, mature and responsible person. Schlemiel  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail; a loser. Mensch of the Week: Marc Bolland, Head of Blackstone’s European Portfolio Operations Marc Bolland joins Blackstone…

Ventas Inc. Acquires Wexford Science & Technology for $1.5B

Ventas Inc., a Chicago based health care property REIT has acquired Wexford Science & Technology’s real estate assets for $1.5 billion. Ventas sold its 9 million shares of its common stock and used that money to purchase Wexford’s assets. The…

Week-In-Review: Walgreens’ Rite Aid Merger to Close This Year, Risks to China Property Market Increasing

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Walgreens Says Rite Aid Merger On Track To Close This Year: Walgreens’ merger with Rite Aid expects to close by the end of this year, as long as they receive federal approval. This $17.2 billion buyout is still waiting on…