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George Soros is looking to flip a Billionaires’ Row office building, dangling its potential for a residential conversion. Soros Fund Management put the 140,000-square-foot Argonaut building at the corner of Broadway and West 57th Street up for sale, The Real Deal has learned. The billionaire investor’s fund management business is eyeing a price tag of…
Harrison Street Asset Management and The Michaels Organization have formed a public-private partnership agreement with the University of San Diego to build the Presidio Terrace Apartments, a planned new $230 million, 321-unit, 700-bed on-campus student housing development. The investment represents the first transaction completed through Harrison Street’s dedicated public-private partnership strategy, as well as USD’s…
Operator Good day, and welcome to the iAccess Alpha Virtual Best Ideas Fall Investment Conference 2026. Our next presenting company is Modular Medical Inc. [Operator Instructions] I’d now like to turn the floor over to today’s host, Jeb Besser, CEO, Modular Medical, Inc. Please go ahead. James BesserChief Executive Officer Thank you, and thanks to…
U.S. Navy sailors tend to a fighter jet on the flight deck of the USS George Washington in the Arabian Sea, Sept. 11, 2026. Ed Ou | Reuters The U.S. war with Iran cost the Pentagon an estimated $38.1 billion through Aug. 1 and could cost another $2 billion to $3 billion for each additional…
A $100 million commercial mortgage-backed securities (CMBS) loan secured by a 351-key waterfront Hyatt Regency hotel in Jersey City, N.J., has been sent to special servicing due to an imminent maturity default, according to an alert from Morningstar Credit Analytics. The $100 million loan — which makes up portions of the CGCMT 2016-P5, CGCMT 2016-P6,…
A pair of national real estate investment managers closed their U.S. office credit fund with $1.1B in investor commitments. Wikimedia Commons/Vadim Manuylov The One America Plaza in Downtown San Diego Hines and Rialto Capital secured 126 investors for their Hines Rialto Credit Partners, a co-general partnership focused on U.S. office credit investments. The fund required…
The branded residence boom has landed in Brooklyn. Marriott International and SomeraRoad unveiled plans Tuesday for the Ritz-Carlton Residences, Brooklyn Heights at the former Hotel Bossert. The 14-story Renaissance Revival building at 98 Montague Street will be transformed into luxury condos, with construction expected to begin later this year. The project marks the 50th standalone…
Investing can feel confusing when prices jump, headlines shout, and friends promise easy profits. Benjamin Graham’s The Intelligent Investor offers a calmer way to think about money. Its lessons centre on understanding purchases, controlling emotions and allowing room for mistakes. Here are 5 simple money lessons from the book, explained through everyday examples. Buy a…
Jamie Borodin is the founder and CEO of Docuverus, a document verification and fraud detection platform purpose-built for multifamily housing providers. With over 30 years in resident screening, Jamie founded Docuverus in 2017 to address a gap no existing tool was solving: authenticating income documents at the metadata level while simultaneously reading and calculating their contents….
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