While property damage from the storm is already second only to Katrina, the impact to business operations and cargo movement may double or triple total losses. However, logistics providers are getting better at minimizing the scale of disruption.
Declaration Partners collected $240 million from wealthy individuals and family offices to target multifamily housing and industrial properties across the US, the New York-based company said in a statement. Rubenstein is also an investor in the vehicle.
Demand for apartments in the U.S. fell in the third quarter for the first time in 30 years. The New York Times looks at a blueprint for how to decarbonize an office building. These are among today’s must reads from around the commercial real estate industry.
