Exclusive survey results predict rising commercial real estate allocations, with wealthy individuals investing in both public and private real estate vehicles.
The firm is exploring acquisitions of Manhattan office buildings that are facing growing vacancies or debt burdens. The effort could potentially expand to other areas of the US, such as Washington, D.C., Boston and the West Coast.
A 2021 lawsuit over allegedly distributing counterfeit gel named two Ghermezian cousins and a family company as defendants, and now three other relatives—including Don Ghermezian, the head of American Dream—are awaiting a judge’s decision on whether they, too, will be included.
Many real estate funds delivered above-inflation returns in 2022, reports FT Adviser. The Real Deal looks at the developers competing to build a casino in New York City. These are among today’s must reads from around the commercial real estate industry.
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