CO Emerging Industries Forum: All Hail Amazon and Life Sciences!
Month: July 2020
LA Regained 50k Jobs Last Month, But Still Down 201k Since Coronavirus Outbreak
Boston Properties Takes 50 Percent Stake in El Segundo Office and Studio Development
Cape Advisors Closes $280M in Financing for Queens Multi Development
CIT Provides $25M for Seavest’s Medical Office Deal with Trammell Crow
Square Mile, JPM Provide $155M Construction Package on Brooklyn Industrial Project
Meridian’s Hakim and Murad Talk Construction Loans During COVID-19
Calif. Commercial Real Estate Will See Pandemic-Driven Impacts Through 2023: Survey
Landlords Turning to Creative Dealmaking in DC Office Market
LA Saw 10-Year Low for Office Sales; Sublease Space Jumped a Record-High 22 percent
In This Week’s Issue: The Counselor, House Arrest, And Don’t Forget About U.S.
UAE Builds a New Permanent Mission to the UN in Midtown East
Seattle Bank, Private REIT Provide $35M Package on Las Vegas Office Buy
Grosvenor Adds to DC Footprint with Pair of Residential Acquisitions
JBG Smith Lands $385M in Freddie Financing for Trio of DC-Area Apartments
Argentic, Goldman Sachs Provide $93M CMBS Refi on New DC Mixed-Use Asset
Bank OZK Provides $60M Construction Loan on Boston-Area Life Science Property
BH Properties Launches $200M Fund to Acquire Troubled Assets
Simon and Authentic Brands Bid $305M to Acquire Bankrupt Brooks Brothers
Walker & Dunlop Provides $35M on Two Sizable Student Housing Properties
Marcus & Millichap Acquiring Mission Capital Advisors: Sources
Ann Taylor Parent Declares Bankruptcy, Will Close 1,100 Stores
COVID-19 Hit Times Square Hard, but Panelists Confident It Will Bounce Back
Unemployment Claims on the Rise Again as 1.4M Americans File for Benefits
Former Garment Warehouse in Chelsea Becomes a High-End Office Building
B. Riley Financial Moves to BentallGreenOak’s LA Office with 10-Year Lease
DHCD Will Serve as Anchor Tenant to Anacostia’s MLK Gateway Development
JLL Taps Creighton Armstrong to Lead Government Business Line
JLL, Harbor Group Int’l Provide $50M Package on LA County Resi Community
Blue Roc Gets $69M Refinance on Portfolio of Florida Rental Assets
Tishman Speyer Rolls Out Coworking Concept to Two More Manhattan Buildings
Construction Advisory Firm Lehrer Cumming Moving to 900 Third Avenue
BNP Paribas Shrinks Midtown Offices and Renews in Jersey City
Law Firms Are Shrinking in Size; Coronavirus Only Accelerated It
A Dream Deferred: American Dream Mall Struggles During the Pandemic
CIT Group’s Chris Niederpruem on Taking the Helm of What He Helped Kickstart
Brokerage Keller Williams Moving to 20K SF at 99 Park Avenue
Pensam Capital Lends $52M to Refi New Oregon Mixed-Use Rental Asset
Alex Sapir Sues Rosen Brothers for $100M in Ongoing Family Feud
Affordable Developers Worry About Building More Housing Amid Budget Cuts
DC Mayor Prioritizes “Disadvantaged” Bidders to Redevelop Elementary Schools
Gerald Wolkoff, Developer of Heartland Town Square and 5Pointz, Dies at 83
Sunday Summary: Congrats, Power Player. You’re Going to Disney World!
Silverstein Properties Buys LA’s US Bank Tower For $430 Million
Wells Fargo, Provident Bank Provide $103M in Financing for N.J. Industrial Park
Merchants Capital Brings in Freddie Mac Director as Head of National Production
U.S. Retail Sales Climb by 7.5 Percent in June as Stores Reopen Around the Country
Heritage Equity’s Bushwick Hotel Development Files for Bankruptcy
Leases are Getting Shorter and Rents are Dropping with U.S. Office Market in Turmoil
MetLife Lends $98M on KKR’s Buy of Two Amazon-Leased Distribution Centers
Meredith Marshall, Stephen Preuss, Chris Schlank & More Lead Brooklyn Queens Forum
Greystone Provides $30M Agency Construction Loan on Florida Rental Development
Lowe Announces JV with Related for Downtown LA Office Development
Female Construction Workers Get $1.5M Settlement in Sexual Harassment Case
Savanna Closes on 1375 Broadway Buy with $389M Financing Package
LA Planning Commission Greenlights Onni’s Mammoth Times Mirror Project
In This Week’s Issue: Anybody Home at Prodigy?, Legal Limits, and a Dream Deferred
Shepherding the Next Generation of Financiers Through This Crisis
Time for a New Model?: Leverage Wasn’t Absent in This Crisis
Why Phones Have Been Ringing Off the Hook for Special Servicers
Adam Neumann, Jeff Dagowitz Land $75M Bridge Loan for Chelsea Development Site
2Q20 Investment Sales Activity was no Surprise. Unfortunately.
Owner of Alabama Apartment Community Gets $28M HUD Loan from Dwight Capital
Chicago-Based 4S Bay Buys Office Campus, Redevelopment Site in LA for $35M
The Unpredictability of Power: Can 2019’s Biggest Risers Continue Climbing the List?
Westfield Sues Gap for More Than $10M in Unpaid Rent Across the Country
Daily Double: Those Who Shorted Mall Debt Have Hit the Jackpot
Chef Daniel Boulud Reopens at Flagship Daniel, Tries a Pop-Up in the Berkshires
Colony Capital Continues Digital Expansion with $1.2B Data Center Investment
MetLife Provides $218M Loan on Blackstone Midwest Industrial Portfolio Buy
Return of the Mac: This Iteration of a Downturn Has Shined New Light on the GSEs
Black Creek Group Acquires NOVA Industrial Asset in $53M Deal
Omninet Capital Continues Expanding with $55M Office Portfolio in LA
DC Office Market Watch: Q&A: Devon Munos, Savills’ Research Manager, Washington D.C.
Deerfield, Longfellow, Rockefeller Group & More Discuss NY’s Emerging Industries
$900M LA Filming Studio Loan from Goldman Sachs and Barclays
New Yorkers Are Going Out to Eat. How Are Restaurateurs Handling It?
‘Chef of Greenwich Village’ Opening Italian Eatery in Clinton Hill
Dwight Capital Provides $42M HUD Loan on Washington Rental Property
Calif. Takes Major Step Backward, Closing Restaurants in LA and 18 Other Counties
Almost One-Third of NYC Restaurants Missed June Rent, Survey Finds
Four Tenants Extend Leases at Durst’s Third Avenue Properties
Bank OZK, Lionheart Provide $120M Debt Package on Philly Mixed-Use Project
Kaufman, Silverstein and Bedrock Unveil $2B Mixed-Use Development in Astoria
City Council Approves Budget With Big Cuts for Housing and Public Construction
Biggest Business Owners in Times Square Discuss a Community Comeback at Virtual Forum
Manhattan Office 2Q Leasing Takes a Nosedive as Sublet Space Rises
Helena Rose Durst, John Gilbert, Ed Shenderovich & More on Creating Safer Buildings