Pacific Oak REIT eyes $400M for FiDi office tower amid fire-sale liquidation
The brainchild of Los Angeles-based Pacific Oak Capital Advisors is looking to sell a Financial District office tower as part of a liquidation plan with Israeli bondholders. Pacific Oak Strategic Opportunity REIT put the nearly 1 million-square-foot office building at 110 William Street up for sale,
L+M Companies shuffles leadership
L+M Companies, the parent company of L+M Development Partners, LMXD and L+M Fund Management, is changing up its C-suite. Lisa Gomez, who became chief executive officer when Ron Moelis shifted to the chairperson role, is becoming the executive chair of the firm, the Commercial Observer reported. Moel
Tishman readying for NYU exit at Midtown tower
New York University’s Schack Institute of Real Estate could soon be on the move, along with the rest of the institution’s School of Professional Studies. The university’s 117,000-square-foot lease at 11 West 42nd Street in Midtown Manhattan is set to expire in June. The school doesn’t intend to rene
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