Organic Grocer Sprouts to Occupy Vacant Stein Mart in Leesburg
Month: August 2023
Private Equity Firm Alvarez & Marsal Inks 10K-SF Lease in West Palm
Vella Group Defaults on $79M Loan Tied to Four LA Properties
Lincoln Property Company Plans Office-to-Resi Conversion in Culver City
Developers Plot Manhattan’s First-Ever Film Studio as Actors Remain on Strike
David Martin’s Terra Sells Newly Developed Shopping Plaza for $56M
Wells Fargo Provides $360M For Carmel Partners’ Historic Hotel Redevelopment in DC
Blackstone Lands $145M Construction Loan for SoCal Logistics Development
Principal Asset Management Lends $56M on Philly Industrial Facility
LA Approves Tenant-Friendly Plan to Spend $150M From New Transfer Tax
MidWestOne Bank Makes $47M Construction Loan for Minnesota Development
Baltimore’s Cypriana to Open Second Location in Howard County
Jamaica Hospital Adding New Surgery Center to Fresh Meadows Location
Brooklynites Push for Safer Streets, Affordable Housing in Atlantic Avenue Rezoning
Naples and West Palm Beach Capture South Florida’s Vacation Renters
X-Caliber Leads $34M Financing for California Almond Processing Facility Expansion
Chef José Andrés to Open Mediterranean Spot at Ritz-Carlton, South Beach
Security Software Firm Genetec Opening Operation Center in Rosslyn
Life-Threatening Hurricane Idalia Expected to Hit Florida’s Big Bend Region
Bathhouse Othership Opening Williamsburg Location at 25 Kent
NYC’s Legal Weed Market Could Generate Up to $43M in Tax Revenue by 2027: Report
BGO’s Rob Naso On the Landlord’s New Move-In-Ready Office Model
Vicki Match Suna On the Expanding Footprints of Health Care Systems
MSG Special Permit Limited to 5 Years With City Council Committee Vote
EV Company Harbinger Motors Signs Lease with Rexford in SoCal
DC Chicken Shop Roaming Rooster to Open at Woodmore Towne Centre
JPMorgan Chase Assumes Ownership of Distressed D.C. Office Property
NJ Grocery Chain Opening First NYC Outpost on Fulton Street in Brooklyn
JLL to Lead Leasing for Medical Office Complex at National Harbor
Hudson Pacific Unloads Two LA Offices, Including ZipRecruiter’s HQ
Northeast Flooding Confronts Commercial Real Estate With Severe Challenges
Sunday Summary: Loosen the Belt, the Restaurants Are Coming!
Onni Group Gets 3-Year Extension on Big Loan Tied to Wilshire Courtyard Offices in LA
Afton Properties Buys Inland Empire Apartment Complex for $71M
Kimco Realty Pays $173M for Stonebridge at Potomac Town Center
Cannae Advisors, Morgan Stanley Buy $174M Debt Attached to Albany Mall
M&T Provides $61M Loan for San Jose Luxury Apartment Complex
Loan for Pomerancs’ Sixty Beverly Hills Goes Back To Special Servicing
Rubie Schron’s Cammeby’s Unloads Hell’s Kitchen Mixed-Use Building for $37M
Enterprise Community Development Lands $121M to Preserve 300 Affordable Apartments in Ward 5
Palm Beach County Takes ‘Wall Street South’ Pitch to Times Square
Vice Media Going Remote With Plans to Shed Williamsburg Office Lease
Adams & Company Acquires Flatiron District Office Building for $44M
Estate Cos Lands Two Construction Loans for South Florida Rentals
Adult Day Care Takes Space at Flatbush and Church Avenues in Brooklyn
Hedge Fund BlueCrest Capital Moving to 22K SF at 450 Park Avenue
Berkadia’s Chinmay Bhatt and Noam Franklin On Momentum for Equity in CRE
Life Sciences Projects Comprise Almost One-Third of U.S. Office Development
Sarasota Developers Buy West Palm Site to Add Shopping Complex
Charles Schwab Office Downsizing Poses Limited Threat to CMBS Deals: Barclays
Inland Empire Warehouse Secures $75M in Construction Financing
Architects Curtis + Ginsberg Relocating to 13K SF at One Battery Park Plaza
Pacific Life Provides $193M Construction Loan for Jersey City High-Rise
Taurus Investment Holdings Scoops Up Atlanta & Dallas Industrial Portfolio for $124M
The Genesis of Generative AI for Everything Everywhere All at Once in CRE
Discount Grocery Chains Are Booming. Here’s How They Pick Spots.
Arlington Multifamily Changes Hands — And Its Name — in $105M Deal
Construction Starts Rose 17% in July But Also Hit a Plateau for the Year
Related Cos. Pays $195M for West Palm Beach Site to Build Luxury Condo
Less Than 5 Percent of Rent-Stabilized Apartments Are Vacant Year to Year, Report Finds
Berkadia Study Argues CRE Lending Hasn’t Dried Up for Multifamily
BridgeInvest Refis Margaritaville Florida Retail Property With $42M Loan
Celebrity Retail Brands Expand Brick-And-Mortar Footprint, Especially in Malls
Thank You For Not Smoking: The Effort to Smoke-Proof Medical Facilities
Redcar Properties to Add 47K-SF Mass Timber Office in Santa Monica
Event Production Firm Syzygy Events Moves HQ to Frederick, Md.
Veris Seals $340M Refi for Jersey City Luxury Multifamily Property
Digital Ad Firm Clinch Signs 9K-SF Lease at 50 West 23rd Street
Newmark Launches Data Center Capital Markets Group, Hires Brent Mayo to Helm
WeWork Moves Forward With 1-for-40 Reverse Stock Split in Effort to Stay on NYSE
GreenRock Capital Leads $172M C-PACE Loan for Oakland Office Building
Dante’s HiFi Owners Replacing Ariete’s Navé Restaurant in Coconut Grove
Israeli Bank Lends $20M on Related’s Diplomat Resort Parcel Buy
Judge Keeps Florida’s Ban on Chinese Real Estate Investment, For Now
Thor Equities Signs First Tenant at Office-to-Lab Conversion in Rockville
Ill-Famed Lot Across From LA City Hall Could See Interim Homeless Housing
Life Sciences Sales Crater, but Demand Expected to Rebound: Report
Lending Volumes Expected to Fall Below $500B in 2023: Moody’s
Adams, Frustrated With State Legislators, Advances Office-to-Residential Conversions
Fortress Makes $1B Bet on NYC Office Rebound With Capital One Loan Portfolio Buy
Brookfield Advances Plans for Former TSA HQ Near Amazon’s HQ2
Insurance Broker NFP Leaves Madison Avenue for the MetLife Building
Klein Enterprises Closes on $85M Financing for Largo Apartments
Starwood, BMO Lend $95M on David Werner’s Pfizer Life Sciences Campus Acquisition
Application Costs for NYC Outdoor Dining Become Clearer as Eric Adams Signs Bill
Gowanus Developers Have Plenty of Questions on 421a Replacement as Deadline Nears
Capital One Refis NY, NJ Multifamily Assets With $200M Loan Package
Takeaway From Q2 Earnings: DC Office Landlords Lean Into Multifamily
Rent Control Enacted in LA County Cities Amid Affordability Crisis
Davis Polk & Wardwell Extends and Expands to 700K SF at 450 Lexington
CMBS Loan on Former Tommy Hilfiger Flagship Store Falls 30 Days Delinquent
NYC’s Return to Office Outpaces Much of the US, but Midtown Still Struggles
Ohio Developers Land $122M to Finish Luxury Senior Housing in Port St. Lucie
RET Ventures’ Jameson Hartman On Looking for the Social in ESG
DC as College Town USA: More Schools Than Ever Clamor for Space
New York Investor Buys Spice Lab Warehouse in Pompano Beach for $24M
Prologis Pays $200M for Lanham Warehouses, Part of Blackstone Portfolio Buy
Queens Hotel Sells at Massive Loss After Conversion to Migrant Shelter
Trio of Creative Tenants Takes 13K SF by the Brooklyn Navy Yard
Luxury Apartment Demand Steady Amid Overall Multifamily Pressures: Report
Margaritaville Times Square Hotel Owner Files Second Bankruptcy Motion
Investment Firms Marshall Wace, ProShares Sign Leases at The Spiral in Hudson Yards
Autism Therapy Clinic Opens Sixth Maryland Location at Arcadia Business Park
Raymond Chalme and Daniel Blanco Talk Launch of Paradigm Advisory Group
Valley National Bank Leads $123M Loan for Clipper’s Latest Brooklyn Development
Single-Family Rental Space Shows Strong Fundamentals in 2023: Report
Garment-Maker Weaver Apparel Signs 6K-SF Lease at 526 Seventh Avenue
WC Smith Secures $108M to Refinance Park Chelsea Apartments in DC
Mixed Signals: Amid Economic Boom, South Florida Population Shrinks
Two Medical Tenants Complete Leasing at Quarterfield Station Retail Center
Office REITs Earnings Beat Estimates, but Show Disconnect From Wider Market: Barclays
Investment Manager TimesSquare Capital Plans a Move to Rockefeller Center
Stonehill Provides Peebles Corp. $23.75M Construction Loan for North Carolina Debut
New Rules Might Make NYC’s Outdoor Dining Program Unappetizing to Eateries
White Oak Refis North Fork Self-Storage Property With $28M Loan
Ice Cream Shop Caffé Panna Opening Second NYC Location in Greenpoint
Nuveen, Cove Partner on Proptech for DC and Boston Office Properties
NYC Apartment Rents Hit New Highs in July, But They Might Have Peaked
Key International Proposes 51-Story Office Building in Brickell
What ‘Substantial Doubt’ Over WeWork’s Survival Could Mean for NYC’s Office Market
HUD Wants to Help Brooklyn Churches Build Affordable Housing
Brookfield Refis Key Biscayne’s Ritz-Carlton Resort With $210M
Affinius Capital Provides $85M Acquisition Loan for Norfolk, Va., Industrial Site
Brooklyn Investment Sales Activity Saw Uptick in Second Quarter: TerraCRG
How Commercial Real Estate Can Navigate Insurance Challenges
State Court Dismisses Airbnb Registration Lawsuit Against NYC
Penn-Florida Boosts Mandarin Oriental Construction Loan to $270M
Related Sells Chelsea Multifamily Asset to Pacific Urban, CalPERS for More Than $180M
9 West 57th Street Seals 3 New Leases With Finance, Real Estate Companies
Benefit Street Lends $20M on Purchase of New Rochelle Apartments
What Triggered Watchlist CRE Loans in the First Half of 2023
Prologis Buys FedEx Facility for $97M as Part of Recent Blackstone Deal
Municipal Credit Union Keeping Its 94K-SF Financial District Offices
How Bromley Companies Transformed Barnes & Noble’s Old Fifth Avenue Offices
Why the DC Region Might Be the Country’s Most Underrated Proptech Hub
New York’s Nonalcoholic Beverage Stores Are Booming. Will the Taste for Them Linger?
SK Development’s Scott Shnay Talks Jacob Riis Bathhouse and NoHo Office Project
Brookfield Refis Hotels in Savannah and Fort Lauderdale With $220M
Fairfax County Approves Site and Funding for Tysons Affordable Housing
Crestline Direct Finance, Summit Capital Funding Lend $16M on Lower East Side Condo Building
Atlantic Pacific Lands $158M Construction Loan for Overtown Development
The Tailor Public House Extends Lease for Bar Near Madison Square Garden
Loma Linda University Sells Medical Office to Welltower for $38M
President Biden Urges Cabinet to Bring Federal Employees Back to Office
Podcast: Building Controversy, The Ongoing Use of Child Labor in Construction
Empire State Development Relocating to 117K SF at 655 Third Avenue
Why the Construction Industry Is Relying More on Child Labor
Cadence Secures $41M in Financing for Hell’s Kitchen Condo Tower
FAA Approves Second Cain and Oko Tower Near Missoni Baia in Edgewater
Colliers’ Zach Nathan and Robert Gallucci Talk Leasing Strategy at 693 Fifth Avenue
Ikea and Industrious Partner on Flex Office Format in San Francisco
American Outcomes Inks 14K-SF Deal for Industry City Biosciences Facility
The Shopping Center Group Acquires Rosenthal Properties to Expand Footprint
South Florida Apartment Rents Keep Climbing, as New Construction Pushes Vacancy
Chicago Investor Lands $61M Acquisition Loan for Plantation Apartments
City Council Passes Legislation to Make NYC Outdoor Dining Permanent
Fannie Mae, Freddie Mac Lose Fitch AAA Ratings After U.S. Downgrade
Brookfield Sells Historic Alexandria Office Building for $30M
Nonprofit Adaptive Design Association Reups in the Garment District
Madison Realty Capital Provides $240M Loan for 77-Acre Orlando Vacation Complex
Soundstages Were Already Reeling Before This Summer of Strikes. Now What?
Preschool Leases 10K SF at 180 Livingston in Downtown Brooklyn
Home Services Company Leaf Home Takes 10K SF at 10 Grand Central
Fashion Brand Staud to Open Next Location at Bal Harbour Shops
Why Family Offices Remain Aggressive on Multifamily Investment
City Council Subcommittee Scraps Vote on Queens Affordable Housing Project
Marketing Agency Big Spaceship Leaves Dumbo for One Willoughby Square
Tennis Club Owner Jumps on Pickleball Trend in Baltimore County
M&T Realty Provides $11M Refinancing for DC Apartment Building
Nationwide Apartment Vacancy Rate Ticks Up, as NYC’s Declines
Capital One Closes $43M in Fannie Mae Loans to Refinance SoCal Apartments
Five Key Trends Are Now Accelerating C-PACE Finance Adoption
Local Heat Protection Rules for Outdoor Workers Face Opposition in Texas and Florida
New Airbnb Rules Have NYC Landlords and Hosts Feeling Like Unwelcome Guests
Development Is Hard to Execute in Black Communities. Churches Are Stepping In.
LA Apartment Sales Plummet 50% as Investors Confront New Taxes, Higher Costs
Aircraft Company and Furniture Retailer Renew Industrial Leases in Broward County
Value of Kushner’s 229 West 43rd Drops 82 Percent Since Acquisition: CRED iQ
Banco Inbursa Supplies $220M Loan for Manhattan Office-to-Resi Conversion
Presidio Bay Summer Program Aims to Aid Real Estate’s Next Generation
Kilroy Secures $375M in Financing for Big San Diego Mixed-Use Campus
Manhattan Office Leasing Improves in July, But Not Enough to Save 2023
Environmental Consultant ERM Upping Office Space in 277 Park Avenue Move
C&W Looks to Make Up for $71M in Losses From Ailing Office Market
Sort of on Mute: How Some in Commercial Real Estate Spend Their Summers
Bridge Champion: Steinbridge’s Tawan Davis on How Real Estate Can Impact Communities
Manhattan’s Class B Office Space Bucks the Hive Mind on Demand