After a Year of Uncertainty, Hollywood and E-commerce Can Save LA in 2021
Month: December 2020
Brooklyn Army Terminal Renews With Guggenheim, Military Electronics Manufacturer
Exclusive: Lendlease, Aware Super Acquire $92M Site in LA for $600M Mixed-Use Complex
Brooklyn Developer All Year Management Defaults Again, Will Be Delisted in Israel
Howard Rubenstein, PR Pro to Stars and Real Estate Tycoons, Dies at 88
Animal Hospital Taking Over Former Chocolate Works Space on Upper West Side
JBG SMITH Acquires Development Site Across from Amazon’s HQ2 in NoVA
Goldman Sachs, Lincoln Property Company Take Hollywood Office for $186M
Mall Giant Simon Completes Acquisition of Rival Taubman After Price Cut
Officials Extend Stay-at-Home Order, Business Restrictions in SoCal
Pepco Signs Lease in 24-Acre Business Complex Near Baltimore
In This Week’s Issue: Max Powers, Air to Dream, and Side Effects
Proptech Investment Fell 25 Percent in 2020, But Residential Investment Increased
The Fight Over JCPenney’s Real Estate Foreshadows the Fate of Malls
Dollar General Sees Increase in Super Saturday Foot Traffic as Most Retailers Slump
Colliers International Bolsters Maryland Presence With Four New Hires
Dwight Capital’s $28M Agency Loan Refinances Las Vegas Apartment Complex
Housing Diversity Corp. Plans Third Micro-Housing Project in LA
Republic Nabs $211M From Square Mile for Multifamily Property in DC
Drawbridge Realty Shells Out $90M For Research Triangle Park Office
Gotham, Goldman Sachs Nab $162M Construction Loan to Advance Lower East Side Project
Chicago-Area Developers Nab $82M in Financing for Historic Rehab in Aurora
Restaurateur Challenges Calif. Governor Over Outdoor Dining Restrictions
Former WarnerMedia VP Wayne Taub Heads to Jack Resnick & Sons
Dunkin’ Loses NYC Stores for First Time in Years as Chains Shutter in Droves
Silverstein, Taconic Seal $205M Refi for NYC Life Science Asset
Bronx Affordable Housing Complex Breaks Ground With $78M in Financing
Slate Property, Atalaya Capital Joint Venture Provides $30M Loan for LA’s Cecil Hotel
Hager Files for Bankruptcy on Two Brooklyn Properties to Avoid Foreclosure
Startup Small Door Veterinary Opens Second NYC Location on Upper East Side
Rudin Sells Family’s First-Ever Development, Located in the Bronx, for $11.25M
Landlord Pink Stone Capital Sues Breather to Get It Out of SoHo Building
Rialto Capital Provides $22M for Campus 56 Office Redevelopment in LA
Rexford Industrial Continues Buying Spree With $94M Warehouse Portfolio in LA
All Year Management Appears to Default on Bushwick Rental Already Facing Foreclosure
Proptech Primer: HqO CEO Chase Garbarino On the Post-COVID Office
Congress Passes $900B Stimulus Bill With $4B in MTA Aid Included
New York City Property Owners Facing Jan. 4 Tax Bills Are Already Behind $500M
Class A Office and Tech Leasing Bright Spots in Manhattan CRE During COVID
TJ Maxx Leases 205K SF Industrial Space at Mid-Atlantic Commerce Center in Maryland
Related Buys Half of Boston’s Innovation & Design Building for $355M
Five Big DC-Area Commercial Real Estate Projects in the Pipeline for 2021
The Atlantic Leaving the Watergate for New HQ in DC’s The Wharf
Downtown Organic Market Signs Lease in New Condo Building in Brooklyn’s Boerum Hill
Thor Equities Buys Life Science Campus in North Carolina for $20.5M
601W Companies Closes on Acquisition of 410 Tenth Avenue, Lands $705M CMBS Loan
ACORE Capital Lends $43M on American Landmark Multifamily Acquisition in Texas
Houston Mixed-Use Project Lands $31M Construction Loan From 3650 REIT
Rockwood, Lincoln Property Sell Downtown LA Office for $196M
Faropoint Sells Memphis Industrial Portfolio to Boston-Based REIT for $86M
MTA Passes 2021 Budget That Assumes $4.5B in Federal Aid to Avoid ‘Doomsday’ Cuts
Life Sciences Consultancy ClearView Healthcare Expands at ESRT’s 111 West 33rd Street
DC East End Trophy Office Building Changes Hands in $106M Deal
David Werner, Emerald Equity’s $65M Loan at 2 Cooper Square Falls 30 Days Delinquent
Madison International Realty, Owner of Brooklyn’s Atlantic Center, Hires Retail Chief
Arkadia Property Group Lands $18M Refinance for Miami Office Asset
Gowanus Rezoning Could Include New Space for Artists, Light Manufacturing
NYC Public Advocate Reveals List of City’s 100 Worst Landlords
Breather Lays Off Majority of Staff and Will Close All of Its Locations
Dwight Capital Provides $44.5M Loan on Downtown Oklahoma City Historic Rehab
Revitalization Plans Finalized for Mixed-Use Development in Historic Herndon, Va.
More Layoffs at Le Bernardin Due to Second Shutdown of Indoor Dining in NYC
Apple Signs Lease for Employee Lounge at Downtown Brooklyn’s Pioneer Building
How Hollywood’s Sound Stages Turned Into an Institutional Investment Class
Greystone’s $55M HUD Loan Refinances Chicago-Area Multifamily Property
Updated: LA Koreatown Market Sells for $58M in Bankruptcy Court
U.S., Canada Lost 6 Percent of Their Coworking Sites During the Pandemic
Westchester County Luxury Condo Development Site Heads to Virtual Foreclosure Auction
Monadnock Construction Plans New HQ in Gowanus Industrial Zone
Real Estate Investment Firm FCP Adds Two Partners to Maryland Office
Urban Edge REIT Nabs Modification of $129M Retail Loan Tied to Puerto Rico Mall
Post Mortem: How New York Brokers Hustled Their Way Through 2020
How TAMI Tenants’ Return-to-Work Plans Are Affecting the Office Market
Ares, CapRock Nab $135M From Mesa West to Build Logistics Asset in Las Vegas
Cushman & Wakefield Names Nadine Augusta as Chief Diversity Officer
Rockefeller Group, Stonebridge On Track for $300M Redevelopment of Metro’s D.C. HQ
Oxford Properties Buys Life Science Assets From Carlyle Group, King Street for $151M
Brookfield Buys Bronx Distribution Facility for $28M from AEW Global, MRP Realty
Sun Equity, Heskel Group Nab $73M Recap for Queens Retail Property
St. John Properties Acquires 120K SF Office Building in Maryland from BentallGreenOak
NYC Restaurants Reel as Cuomo Announces Second Indoor Dining Ban
Dwight Capital Provides $51M HUD Loan on Colorado Rental Complex
Gotham Organization Promotes Bryan Kelly to President of Development
As Airbnb Goes Public, Challenges Remain — And Not Just From the Pandemic
Delta Community Credit Union Lends $29M on Purchase of Atlanta Industrial Park
Mill Creek Adding 270 Homes to DC Area’s Busy Rosslyn-Ballston Corridor
Additional Lenders Revealed on $316M Loan for Amazon Logistics Facility in Queens
Many Women Don’t Want to Go Back to the Office Post-COVID: Survey
Where Are We? Where Are We Headed? CRE Industry Experts Opine on 2020
Cityview Begins $125M Opportunity Zone Development Near Downtown LA
Ruben Companies’ 600 Madison Racks Up Leases Following Prebuilt Push
New York’s Anti-SLAPP Law Changes Could Hit Developers Unawares
Colliers International Brings in Trio to Lead New Landlord Agency Team in DC
Coasts With the Most: Top Financing Deals in NY & LA During 2020
Landlord IGS Realty Sues Breather for $91K in Unpaid Rent at Garment District Outpost
ACRES Capital Provides $28M Construction Loan for Phoenix-Area ‘Bungalows’
$58M Refinancing Earmarked for Whitney Multifamily Property in Bethesda
The X Company Nabs $105M Construction Loan From CIM Group For Denver Resi Development
WPP’s Bruce MacAffer On the Comm Giant’s Real Estate Strategy During and After COVID
Check, Please: NYC Landlords Get Creative to Retain Restaurant Tenants
Distress Signals: Special Servicers Are Keeping Busy as 2020 Draws to a Close
Brooklyn Navy Yard Inks Deals With Makers of PPE, Electric Motorcycles
Let the CMBS Sunshine In: The Sector’s Resilience Has Shined as Pressures Mount to Close 2020
Developer LCOR Plans 461-Unit Apartment Building in Coney Island
Blackstone Pays $358M for 13-Property Industrial Portfolio: Updated
Catch Me If You Canyon: Robin Potts Talks Key Market Opportunities
DC Tosses Smaller, Affordable Housing Providers a Lifeline With $10M in Grants
New York City’s Top Office Addresses Draw Bargain Hunters Amid the Pandemic
NYCB’s $105M Loan Finances Purchase of Boca Raton Luxe Rental Development
Stay-at-Home for the Holidays: Newsom Ups Calif. Restrictions
RFR-Backed Brokerage Retail By MONA Launches With Giant Mona Lisa Image
Major DC Development RiverPoint Cooks Up Deal With Culinary Hub
Morgan Stanley Provides $400M CMBS Refi for Fisher Brothers’ 605 Third Avenue
Station on Silver, DC-Area Apartment Complex With 400 Units, Changes Hands
Law Firm Kudman Trachten Aloe Takes 16K SF at 800 Third Avenue
NYC, NJ Lost More Jobs Than Anywhere Else in the Country in October
Berkadia Provides $40M Acquisition Loan on Tampa Apartment Complex
5 Big Commercial Real Estate Leasing Trends to Watch in 2021
Apollo Global Injects $307M Into Two Luxury Properties in LA
Basketball Great Grant Hill Joins Empire State Realty Trust’s Board of Directors
JBG SMITH CEO W. Matthew Kelly on the Amazon HQ2 Developer’s Big 2020
United Overseas Bank Provides $150M Refi for Fairmont San Francisco
Ex-Deputy Mayor of LA, Developers Charged in Real Estate Bribery Scandal
Why the FTC Is Trying to Block CoStar’s $600M Acquisition of RentPath
Metropolitan Bank Lends $22M on Development of Queens Charter School
In This Week’s Issue: Potts Luck, My Turner, and Let the CMBS Sunshine In..
Trio Nabs $47M Life Company Construction Loan on Nashville Multifamily Project
KKR Provides Bridge Loan for Luxury Apartment Complex Near Amazon HQ2
COVID Dings the Conventional 10-Year Office Lease in Manhattan
Online Sales Surge on Black Friday as COVID Keeps Shoppers Home
Turner & Townsend’s Linda Foggie On Why Manhattan Remains in Demand