News/Events
Green Street Expands Student Housing Data Platform
Investors eyeing student housing assets have a newly expanded study tool. College House, a destination for specialized data and analytics on the U.S. student housing sector, is officially offering investors and operators direct access to analytics firm Green Street’s investment analytics. The platform expansion launched on Tuesday, a little more than a year after Green…
Cybersecurity Tracker SecurityScorecard Renews 1140 Avenue of the Americas Lease
A cybersecurity risk management firm is renewing its Midtown office space, Commercial Observer has learned. SecurityScorecard signed a five-year renewal on its 8,475-square-foot space at 1140 Avenue of the Americas, owned by American Strategic Investment Company, where it has been since 2023, according to tenant broker JLL. The asking rent was not immediately disclosed, but…
Arrow Adds Veteran Multifamily Lender Ari Mandelbaum to Grow Platform
Arrow Real Estate Advisors continues to ramp up its roster nearly two years after its founding. The capital markets advisory firm founded by Morris Betesh in fall 2024 has added Ari Mandelbaum, a former lender at Greystone and Dwight Capital, as a director to help grow its multifamily debt placement business, Commercial Observer has learned.…
The Fever’s Down, But New York’s Rent-Stabilized Market Is Still Ill
New York City’s rent-stabilized housing stock has an increasingly serious economic problem. For years, the operating expenses of these buildings have been rising much faster than their revenues. Insurance premiums, real estate taxes, water and sewer charges, fuel, labor, repairs and maintenance have all increased significantly, while the ability of owners to increase rents has…
Every Industry Eventually Learns a Shared Language. Data Centers Are Next.
One question has stayed with me since my last column on data center disclosure: How do standards emerge in an industry where every project is different? It is an important question because nothing about today’s data center market looks standardized. Every project is different. Every community asks different questions. Every developer tells a slightly different…
New York City’s Next Multifamily Shortage? Buildings to Buy.
For years, nearly every conversation about New York City multifamily has centered around one shortage: housing. We don’t have enough apartments. We don’t build fast enough. Vacancy remains tight, construction is expensive, and the regulatory environment makes adding new supply increasingly difficult. But there is another shortage developing that investors and owners should be paying…
AI-Searched Public Records Alone Insufficient for Title Decision-Making: Study
Artificial intelligence-only searches of public records aren’t enough to provide reliable title decision-making at scale, according to a new study by DataTrace, a national provider of property and ownership data and title automation solutions. The company’s analysis, “AI Title Search Tested in the Real World: What Accuracy, Risk and Readiness Really Look Like,” compares AI-only…
SFR Leasing Operating System Boom Secures $15M Series A Funding
Boom, a leasing operating system for single family rentals (SFR), announced Tuesday that it has secured $15 million in Series A funding. The company also announced the launch of BoomCRM, an agentic leasing and touring customer relationship management product built on top of the Boom’s existing underwriting engine. S3 Ventures led the round, with Mischief…
Atrium Launches AI Platform Tracking $1.3T of U.S. Data Center Development Credit
The data center marketplace keeps growing, and one analytics firm has tracked where all $1.3 trillion of identifiable debt powering this development boom of nearly 4,300 domestic data centers has come from — and where it is going. Commercial Observer can first report that Atrium, a San Diego-based AI analytics startup founded in 2024, has…
