The Real Deal - New York Real Estate News

Ryan Serhant rents Lower Manhattan penthouse for $15K

Posted: 11 Apr 2021 11:00 AM PDT

Ryan Serhant has been busy of late, launching and staffing his own brokerage and opening a Soho HQ for it. Now, he’s making another big move — this time, to Brooklyn. In preparation for their move to the Boerum Hill townhouse they bought in 2018, Serhant and his wife, Emilia Bechrakis, have listed their Hudson Square penthouse as a $15,000-a-month rental, People reported. The 2,000-square-foot unit in the Renwick Modern condo development has three bedrooms,

In pandemic-battered Brazil, 3G Capital founders hunt for real estate deals

Posted: 11 Apr 2021 09:00 AM PDT

Firms linked to the billionaire founders of 3G Capital are on the hunt for real estate deals in pandemic-battered Brazil. The companies — tied to Jorge Paulo Lemann, Marcel Telles and Carlos Alberto Sicupira — are looking to buy discount properties, with a focus on strip malls, office space and long-term rental apartments, according to Bloomberg. One of the firms, Sao Carlos, specializes in office flips and has closed two deals worth about $14 million,

Over 340M sf of industrial space set for delivery in 2021

Posted: 11 Apr 2021 06:00 AM PDT

Everything is bigger in Texas so it’s no surprise the Dallas area is leading the way in industrial construction. About 28 million square feet of warehouses and distribution centers across 81 projects in Dallas-Fort Worth are scheduled to be completed by year-end, according to a report from CommercialSearch, a CRE listings company. That puts the state’s third most-populous city far ahead in the recently published ranking, which tracked the top 20 markets with the most