How A Dying Teen's Last Wish Inspired This Commercial Real Estate Exec To Make A Difference For Sick Kids
Abbi Saperstein sat in his plane seat during a trip from Los Angeles to New York. His eyes welled up. He choked back tears. His hands were lightly trembling.
Staring at his phone, Saperstein had finished reading a story about a dying teen's last wish: Timothy Bourbeau, a 17-year-old from Virginia who died in April after a two-year battle with a rare form of cancer, had wished for video game systems to be set up in patient's rooms at hospitals to help kids and young adults take their minds off the pain from their treatments.
“It blew me away. I was touched,” said Saperstein, a 37-year-old vice president at Kidder Mathews specializing in multi-tenant retail for the Los Angeles market and based in Century City. “Here's a kid with cancer and rather than spend his…
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Elon Musk's Boring Co. Unveils Prototype Underground Tunnel Transport System
Billionaire Elon Musk describes traffic in Los Angeles as soul-crushing, and said in the 16 years he has lived in the city and county, "traffic has gone from the seventh level of hell to the eighth level of hell. It's…
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Bisnow's SoCal Power Women: An Event To Remember
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Allen Matkins |
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Bisnow held its annual SoCal Power Women event Dec. 13 in Los Angeles, hosted alongside its title sponsor, Allen Matkins. The event drew hundreds of women and men from across the commercial real estate industry. The audience was filled with…
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Ranking QOZs: How State And Local Officials Can Make Their Opportunity Zones More Attractive To Developers
It goes without saying that not all opportunity zones are created equal or present the same investment opportunities.
As the Qualified Opportunity Zone tax program gains national attention from investors looking to deploy billions in capital gains into those areas, sources tell Bisnow the designated areas stand to benefit greatly from opportunity zone-friendly policies enacted at the federal, state and municipal level to further lure investment where it is most needed.
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Harvard's California Land Buys May Be Driven By Water
Harvard University has been buying up California vineyards in a move that appears to be driven less by the future value of the land than by the water that lies beneath it.
Within the past six years, Harvard Management Co., the university's endowment manager, has been purchasing Central California agricultural properties through Brodiaea Inc. and other business entities, the Wall Street Journal reports.
As climate change creates more severe drought events in California,…
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GreenOak, Bentall Kennedy To Merge In $940M Deal
The holidays are hitting the home stretch, but merger season never ends: A Toronto real estate firm and a New York private equity investment firm are joining forces to create a $1B global investment platform.
Bentall Kennedy and GreenOak Real Estate plan to merge next year, forming Bentall GreenOak, an investment firm worth an estimated $940M with $47B in assets under management. Bentall Kennedy CEO Gary Whitelaw will be CEO of Bentall GreenOak, while GreenOak co-founders Sonny Kalsi and John Carraffiel will serve as president and senior managing partner of the U.K. and Europe, respectively.
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