By Shai Shalev On Friday, December 29th, 2017

Historic Pitkin Theater Sells for $53 Million to Shulem Herman

  The former historic movie theater, known as The Pitkin, in Brooklyn has been acquired by investor Shulem Herman for $53 million, making it the most expensive single-building deal ever seen in Brownsville More...

By Shiri Hadar On Wednesday, December 13th, 2017

Unibail-Rodamco Acquires Frank Lowy’s Westfield for $16 Billion

European property giant Unibail-Rodamco SE announced the acquisition of Frank Lowy’s Westfield Corporation to create the world’s premier developer and operator of flagship shopping destinations. More...

By Shai Genish On Sunday, August 20th, 2017

Billionaire Bob Stark to Buy Africa Israel for $608 Million

A surprising development in the saga of the sale of Africa Israel. Over the weekend, the company received a new offer. Calcalist has learned that the offer was filed by Stark Enterprises of Cleveland. The owner, More...

By News Brief On Thursday, June 22nd, 2017

Alex Sapir Pays Partner Rotem Rosen $70 Million for ASRR Capital

    ASRR Capital’s Alex Sapir is buying out his partner Rotem Rosen for $70 million, according to filings on the Tel Aviv Stock Exchange. Alex Sapir will hold 80.5 percent share of the company. ASRR More...

By Noam Meir On Thursday, October 27th, 2016

New Jerusalem Gateway Business District Project Begins Development

Building on the new Jerusalem Gateway project began this week in the area of the holy city’s main entrance-way. So Jerusalem residents and tourists alike should brace themselves for a lot of noise and disruptions More...

By News Brief On Monday, September 5th, 2016
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There’s a Terrifying Mall ‘Blight’ Threatening Communities Across America

  One in six American malls are expected to disappear in the next decade. That’s scary news for many communities. Visits to malls declined by 50 percent between 2010 and 2013, according to real estate More...

By The Real Deal On Monday, August 8th, 2016

Bill Gross Says Give Up Bonds, Buy Real Estate: VIDEO

    Billionaire bond-fund manager Bill Gross says that it’s time for investors to ditch stocks and bonds in favor of tangible assets like gold, land and plants and equipment. But the pronouncement may More...

By Jewish Business News On Thursday, July 21st, 2016

Keith Rubenstein to Bring Market Food Hall to South Bronx, Report

  Keith Rubenstein’s Somerset Partners are expanding his food halls business. After Chelsea and the Meatpacking District, on Wednesday the real estate developer purchased a warehouse at 9 Bruckner Boulevard More...

By News Brief On Wednesday, July 13th, 2016

DHA Capital Partners Split as Josh Schuster Goes Solo

    One of investment firm DHA Capital’s two principals has jumped ship to start his own shop. Josh Schuster has launched Silverback Development, which will focus on ground-up development and adaptive More...

By Jewish Business News On Tuesday, July 12th, 2016

Bruce Ratner’s Wife Files for Divorce, Report

    New York  real estate developer Bruce Ratner’s wife, plastic surgeon Pamela Lipkin, 64, filed for divorce, according to New York Post. Page six writes that Lipkin filed for a contested More...


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