News

'Barclays Predicts 'Turbulence Ahead’ for Real Estate Investment Trusts This Year

It is predicted by Barclays that the year 2016 has “turbulence ahead” for U.S. real estate investment trusts.

'World Wide Group Made the Most Expensive Deal in Greenpoint’s History with $103M Acquisition

The 130-unit residential building acquired by World Wide Group for $103 million is the priciest sale of a rental property in the history of Greenpoint.

'CWCapital Sued by Bill Ackman’s Hedge Fund for $5M Over Stuy Town

Pershing Square Capital Management and Winthrop Realty Trust sued CWCapital for $500 million, claiming they were cheated when Stuyvesant Town-Peter Cooper Village was foreclosed and then sold for $5.3 billion.
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