New-home buyers have access to mortgage rates that resale shoppers can’t match

A 53-acre industrial outdoor storage (IOS) parcel on Staten Island just changed hands for $167 million.  Real estate investment firm Jadian Capital acquired the property at 1900 and 1800 South Avenue, located on the island’s west shore, from Dov Hertz’s Kadima Industrial Partners, according to broker Cushman & Wakefield. The Real Deal first reported the…

Bank holidays this week: All public and private banks across India will remain closed today since, 26 July is a Sunday. Hence, SBI, HDFC, ICICI, PNB and other banks across the country will remain closed today. According to the Reserve Bank of India’s holiday calendar, banking operations and physical in-branch services at all scheduled and…

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As early signs of optimism appear among property buyers, John McGrath has urged investors to broaden their search to uncover overlooked opportunities, such as the Melbourne market.

Developer Jeff Svitak has landed $34.25 million of bridge debt for a newly completed San Diego multifamily project, Commercial Observer has learned. Lightstone Capital originated the senior loan for Svitak’s Kaya Apartments development in San Diego’s Bankers Hill neighborhood. John Zubak, managing director and head of origination, western region at Lightstone Capital, originated the deal. …