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Kushner Real Estate Group, also known as the KRE Group is an American real estate development company based in Bridgewater, New Jersey. [citation needed] The company has developed, owns, and manages properties throughout New Jersey, New York, and Pennsylvania, including more than 6,000,000 square feet of commercial industrial, and retail property, and more than 9,000 existing apartments, with ...
LoopNet was founded in 1995 by Dennis DeAndre. Working alongside engineer Steve Midgley, the two built LoopNet into the internet's largest commercial real estate listing service. LoopNet underwent three rounds of private venture capital financing in 1997 (Indo Suez), 1998 (Trinity Capital & Partners) [1] and $20 million in 1999 from fourT5 real ...
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Blackstone, which Schwarzman founded in 1985 with just $400,000, is the world’s largest commercial property owner. Commercial real estate faces “real fundamental headwinds,” president ...
In 2008, it was sold for $8.88 million to a business owner in nearby Ramsey. [5] In 2017, the property was put up for sale through a listing with Christie's Real Estate for a sum of $47,422,900. [8] [9] The asking price was subsequently reduced to approximately $39,000,000 after sitting on the market for nearly 3 years.
AvalonBay Communities Inc. will build 473 units at the 17-acre property, at 1445 Valley Road and 1455 Valley Road. The site was the longtime headquarters of Valley National Bank before it moved ...
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