Katharine Carlon - Profile and Journalist Details
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Verified
Central Editor, Bisnow
Beats
technology of futurebusiness the
breaking news or the crime beat
Content
By Katharine Carlon Verified| Bisnow Verified CA Ventures has unloaded another property as it juggles financial and legal problems, this time selling off a senior living community in King of Prussia. The former Anthology Senior Living Community has been rebranded Revelle King as part of the acquisition. Real estate investment trust Welltower purchased the 11-story, 192-unit Anthology Senior Living Community for $27.4M, the Philadelphia Business Journal reported.
By Ryan Wangman Verified, Katharine Carlon Verified| Bisnow Verified Groupon’s 1.6M SF former headquarters building along the Chicago River has sold to 3Edgewood, the largest downtown office sale by square footage to close in almost three years. 3Edgewood paid $88.7M for the 600 W. Chicago Ave. property, a source with the company confirmed to Bisnow. That marks a steep decline from the $510M former owner Sterling Bay paid for the property in 2018. Eastdil Secured, the adviser on the transaction, confirmed the buyer to Bisnow.
By Katharine Carlon Verified| Bisnow Verified The Chicago Housing Department has pushed off enforcement of a new anti-gentrification ordinance that some landlords call “a massive infringement of private property rights.”The Chicago City Council quietly approved the Northwest Side Housing Preservation Ordinance in September, giving multifamily tenants in several Chicago neighborhoods the right of first refusal to buy their buildings should a landlord decide to sell and imposing major fees on demolition of existing apartment structures.
Company Info
Bisnow
Bisnow is a prominent B2B platform dedicated to the commercial real estate industry. Founded in 2005 and headquartered in Manhattan, New York, the company has expanded its reach significantly, hosting over 350 events annually across more than 50 local markets in the U.S., Canada, the UK, and Ireland. Bisnow provides up-to-date news, recruitment services, and marketing solutions tailored for businesses in this sector. The company facilitates networking and business development opportunities for professionals in commercial real estate. With a readership exceeding 11 million and newsletters reaching over 450,000 subscribers, Bisnow effectively connects various sectors, including hotels and nonprofits. The company has experienced substantial growth and continues to expand its operations, making it a key player in the commercial real estate landscape.
New York, New York, United States
+1 202-293-0370
Founded: 2005