Anthony Russo
Journalist at GlobeSt
Journalist at The Hockey Writers
Journalist who covers the Rangers for The Hockey Writers. Also, associate editor at ALM.
Articles
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1 day ago |
globest.com | Anthony Russo
Faropoint is looking to raise $1 billion under its newly launched Industrial Value Fund IV, with Teacher Retirement System of Texas already committing $225 million to the pool. Once deployed, the capital will target logistics properties in primary, gateway and secondary national regions surrounded by scarce supply, with in-place rents below the market.
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2 days ago |
globest.com | Anthony Russo
Supply might be a small concern — but demand certainly isn't any longer in Reno, Nevada's multifamily sector. Net absorption hit 474 units in the first quarter, representing a surge of 102.56 percent year-over-year, although down from the 695 units in the previous three months, according to a market report from Kidder Mathews. Kidder attributes the demand to cap rates sliding from 6.2 percent in the 12 months prior to 5.2 percent.
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2 days ago |
globest.com | Anthony Russo
Call it an upset if you will — but New York State Assemblymember and self-described democratic socialist Zohran Mamdani appears to be on track to win the Democratic nomination for New York City Mayor after top contender New York Governor Andrew Cuomo called to concede the race. In all likelihood, in a deep blue area, Mamdani will be the next Mayor. Overall, his vision for Gotham could cause some unease for local commercial real estate due to the unknowns.
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2 days ago |
globest.com | Anthony Russo
A joint venture between Bain Capital and 11North Partners is adding three open-air retail centers to its portfolio in a deal valued at roughly $212 million. The properties are all located in Oklahoma City, taking up almost 40 acres of space in total. The anchors at the centers include Whole Foods and Trader Joe's. Other tenants include Warby Parker, West Elm, Anthropologie, Sephora, Lululemon and Kendra Scott. Occupancy at the properties altogether surpasses 97 percent.
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3 days ago |
globest.com | Anthony Russo
The trends to start the year out in Charlotte, North Carolina's multifamily segment were mixed. But one thing's for sure — the influx of supply could cause some challenges. More than 4,700 units alone were delivered in the first quarter, according to a market report from Marcus & Millichap. That's more than threefold the median since 2000.
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Kind of sucks that the trade got leaked before Kreider made a decision. Kind of puts him in a spot now.
Not expecting Chris Kreider/Anaheim trade to go through tonight…but told that doesn’t mean deal is in jeopardy. We wait for tomorrow.
Defense should be the Rangers top priory this offseason — but the known available options are for the most part weak, which could force the front office to wait until next year’s trade deadline before making a big swing. https://t.co/igtuy2jLZD
I’ll never understand the hate Kreider got from this fan base. Salute him — he was everything you could have dreamed of for a non superstar player and had an unbelievable clutch gene.
Sources say #NYR and #NHLDucks are in advanced discussions on a deal that would send Chris Kreider to Orange County. No semantics: there is NO DEAL at this moment in time. But there is interest - and a framework. Both teams had other irons in the fire today. We'll see on Wed.