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The city's chief climate officer is ‘serious’ about enforcing Local Law 97 to reduce carbon emissions of the city’s biggest assets by 2030.
The Irvine, California-based manager will acquire properties on an all-cash basis before lining up debt when interest rates normalize.
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The Miami-based workforce housing specialist has two deals in the pipeline.
The New York skyline
Over 80% of institutions in the capital advisory firm’s latest Allocations Monitor are now actively considering fund investments.
The firm provided $100m of equity and preferred equity to the mixed-use project, a new-model deal in which each component includes minority- and women-led representation.
The concern is that when rate cuts finally happen, the magnitude of these cuts could be lower than expected. 
Hamid Moghadam says the logistics real estate giant is now focusing on acquiring assets with higher-return potential.
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Over the long-term, the firm hopes to have half of its portfolio in the US and other developed markets.
The transaction market remains stymied by a wide gap between buyers and sellers.
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