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Invesco Sees Selective New York Metro Real Estate Opportunities
Invesco Real Estate sees selective New York metro real estate opportunities in markets supported by strong rental demand, limited new supply and assets capable of producing sustainable income. The view was outlined by Chase Bolding, Invesco Real Estate’s Head of North America Real Estate and Chief Investment Officer, in a recent Commercial Observer interview. Invesco Real Estate is described as an approximately $90 billion global real estate platform, while Bolding manages se
ARCFE U.S.
Aug 104 min read


605 Third Avenue Targets $425M Valuation as JPMorgan Markets 49% Stake
JPMorgan Asset Management is seeking a buyer for its 49 percent interest in 605 Third Avenue, as Fisher Brothers prepares to bring a new minority investor into the Midtown Manhattan office tower. According to The Real Deal, the offering is targeting a property valuation of approximately $425 million. Fisher Brothers plans to maintain majority ownership and work with the new investor on a strategic repositioning of the property. No buyer or completed transaction has yet been a
ARCFE U.S.
Jul 223 min read
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