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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
CHICAGO-Some 19 properties around the country are included in the pack, sold by AIC Ventures. Mike Brennan spoke exclusive with GlobeSt.com’s John Salustri about the deal, his second major play with Gatehouse.
We put way too much stock in the passing of the old year and the coming of the new. I’ve always felt that other than an excuse to party (never a bad thing) New Year’s celebrations are much ado about nothing. Just the rolling of days, one after the other. Only this and nothing more. …
NEW YORK CITY-A nearly 50% stake (49.9% to be exact) in the 40-story 1411 Broadway has set the Quebec-based firm back $360 million. The piece was sold by Blackstone in a deal advised by Eastdil.
NEW YORK CITY-The city's commercial real estate luminaries turned out last night to support Joan’s Legacy: Uniting Against Lung Cancer, in its annual fundraising event at Gotham Hall.
NEW YORK CITY-The refi comes just weeks after the REIT unveiled its plans to perform a major facelift on the trophy property. Proceeds tallied $522 million.