Will New York Cancel Rents and Commercial Mortgage Payments?
Month: March 2020
‘Tsunami of Tenants’ Missing Rent Payments Expected in New York City
Simon Property Furloughs 30 Percent of Staff Due to Coronavirus, Report Says
UC Funds Provides $30M Construction Loan for LA Apartment Project
WeWork Sells Social Network Meetup to Venture Capital Firm AlleyCorp
DC Mayor Threatens Fines and Jail Time for Those Who Violate Stay-at-Home Order
Reich Bros, HFZ Land $72M From Ladder Capital for Chicago Industrial Campus Buy [Updated]
Restaurants and Hotels to Lay Off Thousands of Workers in New York City
Meridian Reduces Support and Back Office Staff in Wake of COVID-19
Industry Experts Barrack, Penner Sound Off on the Coronavirus Crisis
Dunkin’ Negotiates a Deal in Columbus Circle, Post-Coronavirus
Synapse Wraps Sale of Leasehold Interest in 280 Meeker Avenue to CW Realty
Nareit’s Calvin Schnure on COVID-19’s Impact on REITs and What’s Next
Sound Design Company Opening First East Coast Office in Midtown South
Citi Lends $26M in HGI’s Acquisition of Calif. Office/Lab Facility
Tribeca Building That Houses Shinola Flagship Sells for $17M
Related Quells Jitters After Warning of Israeli Debt Default
Ice Cream Shop Ample Hills to Lay Off 101 Employees in New York City
Recording Office Closures Could Stymie Construction Loans, Disrupt Title Commitments
Coronavirus Will Cause a ‘Big Rethink’ in University Construction, Panelists Say
Columbia Pacific Lends $48M on 2 NJ Warehouses Set to Be Converted to Film Studios
Do We Need Offices? Coronavirus Provides a Wide-Scale Work-From-Home Experiment
Developers of Luxe California Resort Nab $32M Construction Loan From SoCal Bank
LA Considers Apartment Rent Freezes, Expands Restrictions on Evictions
MSG Sells the Forum for $400M to the LA Clippers, Paving the Way for Inglewood Arena
Alliant’s Peter Margolin On the Deals That Will Survive Coronavirus
Kaufman and AXA Close on Historic Flatiron Building for $49M
Starwood REIT Acquires Boston Asset for $614M, Lands $422M Lifecos Loan
NMHC’s Bibby Commends Move to Support Agency-Backed Apartments
Industry Groups Push for Inclusion of CMBS in Reestablished TALF Program
Knotel to Offer Its Space to Governments for Coronavirus Needs
Ohm Run: Douglaston Development’s Jeffrey Levine | Leasing + Sales March 2020
Extell Suspends Construction on Central Park Tower, Not Brooklyn Point
Ian Schrager Temporarily Closes PUBLIC Because of Coronavirus
Calif. Teacher Pension System Secures $992M for Mixed-Asset Portfolio
Javits Center, Brooklyn Nursing Home to Become Temporary Hospital Sites in NYC
FHFA Halts Mortgage Payments for Landlords With Government Loans
Intelligence Platform Atheneum Relocating Blocks Away to West 37th Street
Fed Answers Calls to Save CRE Debt Markets On the Verge of Catastrophe
Vera Institute of Justice Gets Art-Filled New Offices in Industry City
Order in the Court: Has the Tide Turned Against Developers in New York Courts?
Fed Promises Aggressive Measures; Congress Relief Package Stalled
Industry Legend Paul Massey on the Coronavirus, Midtown and B6
Coronavirus Property Tax Relief: Flattening the Curve on Increases
A First Look at Legal Issues in Leases, Thanks to Coronavirus
Great Blight Way: Coronavirus Devastates NYC Hotels and Retail, Times Square Empties
Amazon Bidding on Four Fairway Market Locations, Report Says
Real Estate Consultant Charged in Bribery Corruption Scheme at LA City Hall
Cuomo Orders Nonessential Workers to Stay Home, Suspends Evictions
MLP, Deerfield Seeking $688M for Life Science Portfolio [Updated]
State to Suspend Mortgage Payments for 90 Days for New Yorkers Out of Work
Morgan Stanley Adds to Bronx Financing Spree With Another $64M Portfolio Loan
HUD Mulling Plan to Convert Select Student Housing to Serve COVID-19 Patients
Chelsea Piers Opening Field House and Fitness Outpost at Pacific Park
An Art Deco Office Tower in Midtown South Gets a Modern Update
Kaufman’s Mike Kazmierski on Midtown South and the Firm’s Investment Future
Federal REIT Acquires Hoboken Portfolio in Deal Topping $200M
CO Conference: How Retailers Are Responding to the Coronavirus Shutdown
Calif. Places Moratorium on Eviction Restrictions During Coronavirus Outbreak
City Halts Rezoning Process While Politicians Call to Stop Construction Projects
The LES Best Thing: The New Development Wave in the Lower East Side
Amazon to Hire 100,000 More Workers Amid Coronavirus Demand Surge
New York State Halts Evictions and Foreclosures Indefinitely
JCR Capital’s Jay Rollins on His Equity Business and Current Global Unknowns
Merritt Properties Signs National E-Retailer to NoVa Industrial Park
Popular Brooklyn-Based Ice Cream Shop Ample Hills Files for Bankruptcy
Public Relations Agency Consolidating Offices to 19K SF in NoMad
ICSC RECon Vegas Convention Suspended Amidst COVID-19 Pandemic
CIT, BlackRock Lend $163M for Purchase of National Industrial Portfolio
SoCal Industry Roundup: Marcus & Millichap Adds Retail Team and PCDC Opens LA Office
Hungry Ghost and Sweet Polly Plan Another Fort Greene Outpost
Coronavirus Curtails SoCal Imports, Spelling Fallout for Development and Hotels
Nurses, Dry Runs and a Deep Cleaning: Real Estate’s Coronavirus Playbook
Behavioral Health Care Platform Expanding Garment District Offices
Column: Supply and Demand Dynamics in Today’s Investment Sales Market
NYC’s Property Tax Reforms Are Pitting Homeowners Against Renters
Tech Haven: Cornell Tech’s Diana Allegretti Talks Roosevelt Island
Helaba Provides $81M Refi for East Village Mixed-Use Property
Finkelstein Timberger Nabs $54M Loan for Bronx Multifamily Assets
Investors, Developers Discuss Solutions to LA’s Homeless Crisis
Popular Thai Restaurant Moving to DC’s Mount Vernon Triangle
Brookfield Office Remains Open After Employee Tested Positive for Coronavirus
The New Normal: Real Estate Settles In for a Coronavirus Disruption
Neville Rodie & Shaw Signs On for Another Decade at 200 Madison
Merchants Capital Leads $66M Risk-Share Loan for UWS Affordable Housing Property
Pace University to Fully Occupy SL Green’s New Beekman Street Development
Online Camera Marketplace Moves NYC Offices to Industry City
Bridge Investment Group Lends $21M on Staten Island Retail Asset
ACRES Provides $75M Construction Loan for Williamsburg Co-Living Development
A South Bronx Neighborhood Considers Its Future With a Second Stadium
Jack Sitt, Emirati Investor Score $28M Citi Loan for White Plains Office Complex
City Appeals Ruling to Cut Top Floors of 200 Amsterdam Avenue
Foreclosure Halted on Grace Kelly’s Former Upper East Side Home
Under the Bridge: Tradex’s John Lettera Talks Three Decades of Bridge Lending
The Planet Is in Chaos, But It’s Not Too Chaotic for Global CRE Investment
Pardon My French: Natixis Is Expanding Its Global Reach in 2020
Engineering Consultant Relocating Offices to 111 West 33rd Street
S3 Capital Provides $26M Construction Loan on Astoria Condo Building
Real Estate Borrowers Are Keeping Their Distance From SOFR, for Now
Turner Classic: Behind Oxford Properties’ $60B Global Portfolio
NYC Real Estate Braces for Major Disruptions as Coronavirus Circles the Globe
MIPIM Conference in Cannes Rescheduled Over Coronavirus Fears
SoCal Industry Roundup: KTGY Announces Flurry of Appointments