April 11, 2022

A&E Real Estate Acquires Apartment Tower in Manhattan from Equity Residential for $266M

A&E Real Estate, a private multifamily investment and management firm based in New York City, has purchased 140 Riverside Boulevard, a luxury 354-unit apartment tower on the Upper West Side of Manhattan. Equity Residential (NYSE: EQR), a multifamily REIT based in Chicago, sold the 28-story community for $266 million. Darcy Stacom and Ryan Silber of CBRE represented Equity Residential in the sale.

Read more on REBusinessOnline

April 9, 2022

CBRE Arranges Sale of 140 Riverside Blvd. for $266 Million

A CBRE team led by Darcy Stacom, chairman of NYC Capital Markets, arranged the $266 million sale of a 354-unit luxury apartment tower at 140 Riverside Boulevard on the Upper West Side to New York-based apartment investor A&E Real Estate on behalf of the seller, Equity Residential.

Read more on Real Estate Weekly

April 8, 2022

A&E Real Estate Pays $266M For Manhattan Apartment Tower

A&E Real Estate has purchased a luxury apartment tower in Manhattan from Equity Residential for $266 milion, according to an announcement on Friday from CBRE group, which arranged the sale. The deal is for 140 Riverside Blvd., which is located on the Upper West Side and is three blocks northwest of the 66th Street-Lincoln Center subway station. The 72nd Street station is also nearby to the northeast.

Read more on LAW360

March 30, 2022

5 Myths and Realities of Activity-Based Working

All changes are hard but asking employees to give up their assigned desk and adopt an activity-based work (ABW) style can be especially challenging. Initial resistance is often rooted in discomfort with the unknown and other personal emotions, so it is important to mix education with empathy when working to separate fact from fear. CBRE’s Workplace experts have compiled a list of the five most common myths about ABW and how to address them.

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March 17, 2022

Emerging Industrial Markets: Texas I-35 Corridor

The Texas I-35 Corridor continues to grow at a rapid pace, fueled by record demand and speculative development. San Marcos and New Braunfels, located along the 80-mile stretch between Austin and San Antonio, are among the fastest-growing cities in the nation and are attracting many manufacturing and distribution users. With an influx of new residents and numerous companies relocating operations to Central Texas, robust industrial activity is expected to continue.

Read more on CBRE