KKR is pumping the brakes on withdrawals from its real estate investment trust, mirroring similar moves by Blackstone and Starwood Capital amid a rising number of redemption requests from shareholders. The private equity firm’s KKR Real Estate Select Trust disclosed in a regulatory filing Wednesday that investors holding more than 8 percent of the vehicle’s roughly $1.6 billion in net assets sought to withdraw their money during a first-quarter offering period, far exceeding a quarterly
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At an oversight hearing, members said unlicensed marijuana sales will butt in on legal weed market
New York City’s happiest sellers are in Brooklyn. The borough was home to the lion’s share of bidding wars last quarter, according to StreetEasy data. Out of the top 10 neighborhoods where transactions went above ask, eight were in King’s County and two in Queens. Brooklyn’s Carroll Gardens neighborhood was home to the most bidding wars, where half of all transactions traded above asking price. It also claimed the highest median asking price among the