Ilana Polyak

2 months ago | globest.com | Jack Rogers |Anthony Russo |Ilana Polyak

Several blocks of mostly empty retail storefronts in the heart of downtown San Jose are slated to be transformed into a pedestrian-centric cluster of restaurants, entertainment venues and shops. A project known as Paseo Place is in the works for the commercial space on South First Street and South Second Street between East San Fernando Street and Paseo de San Antonio, an area currently known as The Pavilion, a reference to a shopping center that once stood there.

2 months ago | globest.com | Anthony Russo |Jack Rogers |Ilana Polyak

Canadian-based Ivanhoé Cambridge has refinanced its office tower 3 Bryant Park in Midtown, Manhattan for about $1.12 billion. Included on the deal was Hines, which serves as both the asset handler and manager of the property. The refinancing was provided by Bank of America, Bank of Montreal, and Wells Fargo. JLL represented both Ivanhoé and Hines on the deal. In total, the 42-story tower spans 1.2 million square feet.

2 months ago | globest.com | Ilana Polyak |Holly Amaya |Nicki Howell

In today’s capital environment, maintaining an active retail development pipeline requires a strategic approach. While the 20-year vacancy low of 5.3% may seem ripe for new development, high interest rates and construction costs remain a challenge for real estate developers. “Development activity has fundamentally shifted in this capital-constrained environment,” says Jack deVilliers, managing director at Regency Centers.

Jan 24, 2023 | contently.com | Ilana Polyak

Jan 24, 2023 | harro.com | Ilana Polyak