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May, 16 2023

The Dollar’s Depreciation And The Real Estate Impact

Anyone who has changed money or compared forex rates recently will have noticed that the dollar has depreciated. As the world’s reserve currency, the state of the dollar affects the global economy and, bearing in mind the $31.5 trillion of public debt, any likely trouble for the dollar could be a…

March, 17 2023

Rescue Capital: Staying Afloat Amid Uncertainty in the Real Estate Market

Written by Joe Berko, CEO & Founder Astor Realty CapitalPublished Mar 06, 2023, Wealthmanagement.com   As we move into 2023, market uncertainty and economic jitters are fueling a wave of distressed real estate transactions. While familiar debt-workout scenarios such as bankruptcies and…

February, 20 2023

Joe Berko, Astor’s CEO & Co-Founder, shares his insights on the evolving landscape of the commercial real estate market.

The economic climate is changing rapidly, and it can be difficult to understand the direction in which we should invest our business energy. Were one to look at the 2023 outlooks provided by several thought leaders in the market, a neat conclusion would be difficult. ●          According…

January, 25 2023

Astor Realty Capital Reports 100% Sales at 1400 Monroe Condo Project in Chicago – 74% total returns on investment

Astor Realty Capital is excited to announce that sales at its condo project, 1400 Monroe, have reached the 100% mark. This boutique 42-unit building, located in the city’s desirable West Loop neighborhood, has been a hit with buyers thanks to its thoughtfully designed units and prime location. With final…

January, 19 2023

As markets remain uncertain, institutional investors are confident in real estate investments & turning to local private equity firms for maximum returns

Published January 17, 2023 New York Real Estate Journal   Institutional investors, such as insurance companies and pension funds, are weighing their options in the real estate market when making key decisions about allocating investments. In today’s climate of uncertainty around economic…

November, 7 2022

CEO Joe Berko, summarizes our portfolio performance and talks market conditions in Q3 of 2022

Q3 2022 LETTER TO OUR INVESTORS Dear Friends, Investors and Partners, Thank you for your continued trust in Astor’s operation. As we are in an advanced stage of a softening economy, this report will shed light on the impact of inflation, interest rates, supply chain, and labor markets and the…

September, 28 2022

2505 Broadway Completes Construction On Manhattan’s Upper West Side

Aerial rendering of 2505 Broadway. Designed by ODA Architects BY: MICHAEL YOUNG AND MATT PRUZNICK 8:00 AM ON SEPTEMBER 28, 2022 READ FULL ARTICLE ON YIMBY.COM Construction is complete on 2505 Broadway, a 19-story residential building on Manhattan’s Upper West Side. Designed by ODA and developed…

September, 14 2022

Women are making strides in commercial real estate

Published September 7th, 2022 on RealTrends.com In recent years, more women have been making serious strides in commercial real estate, and women-owned businesses are on the rise. According to a 2020 Commercial Real Estate Women (CREW) report, women made up just 36% of the industry, while women…

August, 19 2022

Ground breaks on luxury condo project in Chicago’s West Loop

June 12 2020 JK Equities announced that construction has officially commenced on 1400 Monroe, the 42-unit, seven-story luxury condominium in Chicago’s West Loop. Construction on the project—led by Summit Design + Build and financed by Lakeside Bank—is expected to wrap by summer 2021…