Woodstock Generation Changes the World of Senior Living

As the silver tsunami of baby boomers rushes in at record speed toward retirement, senior-living specialists are doing what they can to cater retirement communities toward their needs. The problem is, the kids who grew up during the time of free love, free choice and rebellion are not going into their platinum years without a… Read More Woodstock Generation Changes the World of Senior Living

Federal Realty Buys Fairfax, Va. Retail Center for $22M

Rockville, Md.-based Federal Realty Investment Trust has acquired Fairfax Junction, a two-story, 75,000-square-foot retail center in Fairfax, Va., from Rochester, N.Y.-based Glazer Properties for $22.5 million, according to a press release from Federal Realty. The center, which is fully leased to Aldi, Planet Fitness, Advanced Auto Parts and CVS, is located at 11001 Lee Highway—17… Read More Federal Realty Buys Fairfax, Va. Retail Center for $22M

E-Bike Maker Jetson Motors Into 12,500-SF Offices in Industry City

E-bike and hoverboard manufacturer Jetson is moving its operations to Industry City in Sunset Park, Brooklyn, Commercial Observer can first report. The company will relocate from 6,000 square feet at 1 Rewe Street in East Williamsburg to a 12,500-square-foot space in Industry City, according to a press release from the landlords. Jetson, which produces electric… Read More E-Bike Maker Jetson Motors Into 12,500-SF Offices in Industry City

Zillow revenues are up, but losses are widening as it pivots to home-flipping

New Zillow CEO Rich Barton is shooting for the moon, but the company’s latest financials might have him crashing down to earth. On the same day that it removed Spencer Rascoff as CEO, Zillow disclosed in an earnings report that it collected a record $1.33 billion in revenue last year, a 24 percent gain over… Read More Zillow revenues are up, but losses are widening as it pivots to home-flipping

Zillow revenues are up, but losses are widening as it pivots to home-flipping

New Zillow CEO Rich Barton is shooting for the moon, but the company’s latest financials might have him crashing down to earth. On the same day that it removed Spencer Rascoff as CEO, Zillow disclosed in an earnings report that it collected a record $1.33 billion in revenue last year, a 24 percent gain over… Read More Zillow revenues are up, but losses are widening as it pivots to home-flipping

Zillow revenues are up, but losses are widening as it pivots to home-flipping

New Zillow CEO Rich Barton is shooting for the moon, but the company’s latest financials might have him crashing down to earth. On the same day that it removed Spencer Rascoff as CEO, Zillow disclosed in an earnings report that it collected a record $1.33 billion in revenue last year, a 24 percent gain over… Read More Zillow revenues are up, but losses are widening as it pivots to home-flipping

Zillow revenues are up, but losses are widening as it pivots to home-flipping

New Zillow CEO Rich Barton is shooting for the moon, but the company’s latest financials might have him crashing down to earth. On the same day that it removed Spencer Rascoff as CEO, Zillow disclosed in an earnings report that it collected a record $1.33 billion in revenue last year, a 24 percent gain over… Read More Zillow revenues are up, but losses are widening as it pivots to home-flipping

Zillow revenues are up, but losses are widening as it pivots to home-flipping

New Zillow CEO Rich Barton is shooting for the moon, but the company’s latest financials might have him crashing down to earth. On the same day that it removed Spencer Rascoff as CEO, Zillow disclosed in an earnings report that it collected a record $1.33 billion in revenue last year, a 24 percent gain over… Read More Zillow revenues are up, but losses are widening as it pivots to home-flipping

Jamie LeFrak in contract to buy Pine Tree Drive spec mansion: sources

Jamie LeFrak, vice chairman and managing director of LeFrak, is the latest wealthy New York developer looking to put down roots in South Florida. LeFrak is under contract to buy the spec mansion at 4567 Pine Tree Drive, The Real Deal has learned. Jill Hertzberg of Coldwell Banker’s The Jills team is the listing agent.… Read More Jamie LeFrak in contract to buy Pine Tree Drive spec mansion: sources

Resurgence of the Ground Lease: Q&A With Skyline Properties

Read Full Article >> Skyline Properties is a commercial real estate advisory firm based in Manhattan. Traditionally, Skyline focuses on off-market investment sales, but over the last few years, Robert Khodadadian and his team have garnered attention guiding owners and tenants through the sophisticated yet lucrative process of ground leasing. Commercial Observer’s Industry Insights team… Read More Resurgence of the Ground Lease: Q&A With Skyline Properties