Queens Eatery Leads $2B Lawsuit to Force Return of Indoor Dining
Month: August 2020
Developer Donated to Election Fund After LA Councilman Helped With Digital Billboards
LA Set for ‘Stringent and Slow’ Return Under Newsom’s Revamped Reopening Plan
Taconic Lands $190M Refinance for Dallas-Area Office Property
Real Estate Industry Descries LA’s Plans to Address Corruption at City Hall
Helaba Provides $110M Refi on Large Brookfield DC-Area Mixed-Use Asset
SEC Expands Accredited Investor Definition to Include Financial Pros
NYC Investment Sales Drop More Than 50 Percent During Pandemic
NYC’s Cap on Delivery App Fees to Continue Until After Indoor Dining Returns
Caruthers Caps Busy Week with $107M Arlington Apartment Acquisition
Two Fannie Mae Veteran Executives Take on Elevated Roles at the GSE
Knotel Hit With Another Suit for Unpaid Rent, This Time at 5 Hanover
Alexandria Apartments Sell in Biggest Multifamily Deal of 2020
Goldstar Group Acquires Frederick Site for Future Mixed-Use Development
Rialto Mortgage Finance Provides $93M CMBS Refi on Large Self-Storage Portfolio
U.S. Office Market Unlikely to Recover Fully Until Late 2022, Economist Says
Younger Workers Want Office Return More Than Older Ones: Surveys
Insight Property Transforms Falls Church Corporate Housing Into Apartment Community
Proptech Check: Pandemic Opens New Lines of Business in Building Security
Big Companies Postpone Returning to the Office Post-Labor Day
Calif. Jobless Rate Improved to 13.3 Percent; LA Improved to 18.2 Percent
OC Construction Management Buys Out L&L Principals, Changes Name
U.S. Retail Rent Collections Up From July, Down 19 Percent From Last Year
Staten Island Ferry Concessions Operator Accuses Lender of Fraud [Updated]
JV Gets $155M CMBS Refi on Silicon Valley Office Leased to Roku
Alex Sapir Looks to Restructure $44M Bond in Tel Aviv [UPDATED]
LA Moves to Modify Zoning and Entitlement Process Amid City Hall Corruption Scandal
KeyBank Provides $200M Revolver for Faropoint Industrial Buys
Benefit Street Partners Lends $47M on Florida Luxury Multifamily Development
Redevelopment of DC’s Armed Forces Retirement Campus Set in Motion
NYC Restaurants Plead For a Plan For Return of Indoor Dining
American Landmark Gets $34M KeyBank Loan to Buy Resi Asset in Florida’s Space Coast
Shutdowns Amplify LA’s Housing Crisis, with Apartment Development Dropping 30 Percent
Durst Org Fights Defamation Suit From Kathie Durst’s Attorney
What Amazon’s Lord & Taylor Move Means For NYC and Office Work
Apartment Rent Payments Down Nearly 30 Percent Across U.S.: Report
Q&A: Deryl McKissack On Challenges Women and Minority Enterprisers in AEC Confront
L.A. County Opens $100M Rent Relief Program for Pandemic-Affected Renters
SoCal Industry Roundup: Economic Resources Corp. Announces New CEO
Food Hall Operator Signs for 13K SF at Starrett-Lehigh Building
Merchants Hospitality Sues Sonder for $2.5M for Terminating LIC Hotel Lease
Seven Percent of CMBS World Hit Special Servicing in First Half of 2020
Ballard Spahr Lawyer Talks Tracking COVID-19 Stimulus Fraud (Literally)
California Bank and Trust Lends $33M on Silicon Valley Office Park Acquisition
Redeemer Presbyterian Church Acquires UES Property for $30M in All-Cash Deal
Cinderella Story? Empire State Realty Trust Hosts Westchester Golf Outing
Industrial Conversions Sail Into More Malls as Operators Drop Anchors
Retail Sales Increase for Third Month in a Row, But Jump Was Less Than Predicted
California Courts to Allow Eviction Proceedings in September
NYC Construction Trades Strike New Labor Agreement with De Blasio Administration
Greek Eatery Avra Estiatorio Opening New Location at 1271 Avenue of the Americas
Parkview Financial Gives $7M Apartment Construction Loan in DC
Nonprofit Nathan Cummings Foundation Moves to 120 Wall Street
Starbucks Opens Coworking Option in Japan, WeWork Launches On Demand
Ted’s Montana Grill Re-Ups in Multiyear Deal at 1271 Avenue of the Americas
Greystone Provides $49M Loan for Texas Multifamily Development
Repeal of Paramount Decrees Allows Movie Studios to Own Theater Chains
Philly Office Tower Rises With $187M in Construction Financing
Neiman Marcus to Lay Off Nearly 260 Workers at Hudson Yards Location
Department Stores Struggle After Summer Rebounds From the Pandemic
SoCal Industry Roundup: CGI and BH Properties Bolster Executive Leadership
Q&A: CBRE Execs On Why D.C.’s Multifamily Investment Market Is Doing OK Despite COVID
LA Could Kill Developments Tied to Corruption Under New Proposed Ordinance
NKF Originates $87M Freddie Mac Refi on Philly-Area Rental Community
Rocket Raises $1.8B in IPO, Dan Gilbert’s Wealth Rockets to $34B
Artistic Triumph: Artist Wins 8-Year Legal Battle Against Landlord Steven Croman
Carmichael Intl. Moves Headquarters into 29K SF at Omninet’s LA Corporate Center
Navy Renovating 169-Year Old Buildings to Preserve Branch’s History
Dedeaux Properties and Stockbridge Capital Take Vacant LA Industrial Site for $28M
Hollywood’s Most Iconic Shopping Center Set for $100M Transformation
National Urban League Nails Down $188M For Planned 125th Street HQ in Harlem
Nuveen Provides $60M Acquisition Loan on Twin NJ Industrial Parks
Activist Nonprofit Wants to Stop LA Developments Tied to Indicted Councilmen
JP Morgan Provides $434M CMBS Package to Refi Huge Industrial Portfolio
Vornado Is Betting Against WFH, But Hitting Pause on 2 Penn Plaza Leasing
Updated: BLT Enterprises Scores Another Hollywood Studio for $64M
LA Councilman Pleads Not Guilty in Real Estate Corruption Scheme
In This Week’s Issue: Burb Is the Word, How’s It Gonna Work?, and a Pandemic Stampede
Don’t Forget About U.S.: Hungry Foreign Capital in the COVID-19 Era
HFZ, Reich Bros. Get $61M JPM Refi on Massive Florida Industrial Asset
Lord & Taylor, Men’s Wearhouse Bankruptcies Leave Stores in Limbo