Carlyle Group Picks Up Four Self-Storage Properties in Brooklyn and Queens for $110M
Month: April 2024
Feds to Vacate Historic D.C. Building in Bid to Reduce Real Estate Footprint
Travel Agency SmartFlyer Takes 8K SF at 530 West 25th Street
Macerich Poised to Sell or Hand Over Properties in Wake of Quarterly Loss
Nearly Two-Thirds of Federal Workers on Hybrid Schedule: Survey
Bungalow Projects Buys More Brooklyn Industrial Space for New Production Studio
In a Showdown Over a Retail REIT, Accusations of Ineptitude From Both Sides
Leather Goods Maker Mundi Westport Moving Showroom to 11K SF at 366 Fifth Avenue
Vornado’s Bustle Aims to Be a Hangover That Cures Office’s Ills
CIBC Provides $29M Construction Loan for New Jersey Industrial Facility
Project Destined Partners With BGO, Walker & Dunlop on CRE Certificate Program
Trammell Crow Company’s Adam Saphier On Developing in Texas Post-Pandemic
Dallas’ Proptech Scene Is Coming for Austin — and Maybe Everywhere Else
Acupuncture Chain To Open Third NYC Location on the Upper West Side
American Eagle Outfitters Inks 338K-SF Deal at 63 Madison Avenue
City Winery Expanding by 14K-SF to Open 3 New Dining Options at Pier 57
Developer Proposes 23-Story Mixed-Use Tower Near Miami’s Brickell Bay Drive
CRE Markets Face Limited Impact From Republic First Bank Failure
Continental Realty Appoints Nicole Brickhouse to Lead Capital Markets Team
WeWork Secures $450M in Financing to Exit Bankruptcy, Sans Adam Neumann
Assurant Takes 78K SF in Miami’s Waterford Business District
Rexford Extends Buying Spree With More Industrial Space in SoCal’s Inland Empire
London Restaurant Group JKS to Open First NYC Eatery at 1245 Broadway
Merchants Capital Provides $29M Refi for NYC Senior Housing Property
A Tale of Two Cycles and What It Means for the 2024 CMBS Marketplace
Crunch Fitness Founder Sells Wynwood Retail Buildings for $24M
Driven by High Interest Rates, Calif. Multifamily Construction Dips to 10-Year Low
IDI Logistics Sells Another Planned Warehouse in California for $107M
Congestion Pricing to Officially Start in Manhattan on June 30
MTA, Hochul to Fortify Transit System Against Climate Change With $6B Investment
Prada Buys Yet Another Fifth Avenue Retail Property for $13M
Sales Deals of the Week: KKR Buys Multi-State Student Housing Portfolio
Finance Deals of the Week: A $52M Construction Loan for South Carolina Apartments
ACORE Raises $1.4B For New Credit Facility Targeting Distressed Capital Stacks
Hair Care Company Beachwaver Braids 5K-SF Deal at Domino Sugar Refinery
Swig Company Offloads Downtown L.A. Office Tower for 47% Discount
KKR Buying $1.6B Student Housing Portfolio From Blackstone REIT
First Cargo Ship Since Bridge Collapse Passes Through Baltimore Harbor
North River, Amzak Capital Lend $52M on South Carolina Apartments Project
Publisher Lee & Low Moving Offices to 6K SF at 381 Park Avenue South
Rudin Offloads Former AIG Headquarters for $160M to Bushburg
Financial Management Firm Elite Taking 5K SF at Durst’s 675 Third Avenue
Upscale Restaurant Elastika to Open in Miami’s Renovated Moore Building
Graham Holdings Company Moves Virginia Headquarters One Block Away
Loans in Special Servicing: What to Know About Their Appraisals
Hochul Has High Hopes for NY’s Housing Deal, but Developers Need to Do Some Math
Tower Capital Grows New Capital Markets Team With 3 New Hires
Bayview Lends $29M on New York-Presbyterian Hospital-Leased Property
Commercial Real Estate Pros On the Finance Market: ‘Not a Typical Cycle’
Preserving Affordable Housing Is Missing From New York’s New Budget
Citigroup Provides $27M Loan to Refinance Brooklyn Resi Portfolio
Dallas Diagnosis: Friendly Policies and In-Migration Draw Investor Interest
Midas Touch: Goldman Sachs’ CRE Finance Team on Uncovering Market Opportunity
Jeremy Fox and G.M. Nicholas Vik Named Co-Presidents of Fifth Wall
Alternative Lenders Help Fill Commercial Real Estate’s Debt Gap Amid Higher Interest Rates
New Clients Enter The Picture During Year of Dislocation for Commercial Real Estate
Commercial Real Estate Financiers Pivot Plenty in Changing Debt Markets
Jean-Georges Vongerichten’s Four Twenty Five: How It Was Designed
New York’s $237B Budget Covers Growing Health, School Costs — For Now
HF Food Halls Signs 11K-SF Lease to Revive Urbanspace at 230 Park Avenue
Related Cos. Scores Approvals for Convention Center Hotel in West Palm
CoStar Asks Court to Reject WeWork’s Virginia Lease Review Extension
Madison Realty Capital Adds Samir Tejpaul to Lead Capital Markets Business
Rosetta Bakery Coming to Midtown Miami’s Standard Residences
WeWork Creditors Move to Force Company to Court Potential Buyers
ZD Jasper Buys Long Island City Waterfront Development Site for $47M
$235M CMBS Loan Backed by Park Avenue South Assets Hits Special Servicing
ASG Equities Sells Two Miami Design District Buildings to Dacra
Huntington National, Nuveen Green Capital Lend $41M on Florida Build-to-Rent Project
$250M CMBS Loan Secured by 25 Broadway Office Building Defaults
Athleisure Brand Vuori Grabs Fifth Avenue Retail Space After Allbirds Takes Flight
How to Use DEI to Solve Challenges in Commercial Real Estate
Pura Vida Founders Jen and Omer Horev On Its Conquest of South Florida
Planned Logistics Facility Sells for $99M in Southern California
Michael Cohen’s Brighton Capital Ushers CRE Borrowers Through Loan Servicing Era
Yellowstone Snaps Up Loan on 1740 Broadway for Roughly $200M
Cost of Maintaining NYC Rent-Stabilized Buildings Up 3.9% Annually: Rent Board
S3 Supplies $92M Construction Loan on Flushing Condos Project
Adam Neumann’s Flow Continues to Apply Pressure to Buy WeWork
Kristin Rebeck Joins Lee & Associates Maryland Office as Senior Vice President
Unlicensed Cannabis Shops to be Padlocked Under New York Budget Agreement
Finance Deals of the Week: $207M CMBS Refi on DC Area Office Assets
Sales Deals of the Week: NYC Luxury Condo Developer’s Dream Dies
Lease Deals of the Week: Antares 74K-SF Expansion and Renewal at 280 Park
$300M CMBS Loan Secured by Santa Monica Place Mall Faces ‘Imminent Default’
Artifact Group, Blutrich Holdings Secure $20M Financing for Miami Parking Garage
Nuveen and Taconic Want to Lure More Office Tenants Downtown With One Grand
Bank of Montreal Provides $117M to Chetrit Family to Refinance Harlem Tower
Ease Capital Provides $32M Takeout Construction Loan on N.J. Apartments
It’s Not Just AI — Space and Climate Are Driving California’s Office Market
High-Speed Rail Between U.S. Hubs May Be Closer Than It Appears
NYC Greenlights New 34K-SF NYPD Traffic Enforcement Office at 31 Penn
Grupo Frali Buys Edgewater Site to Complete Full-Block Assemblage
SL Green, Vornado Extend $1B Senior Loan at 280 Park, Buy Back Mezz at Discount
Maryland Apartment Community Secures $26M in New Freddie Mac Financing
Madison Realty Capital Provides $97M Construction Loan to Build Hoboken Condos
Gensler’s Juliette Morgan Leads The Way on Designing for Impact
Partnership Between Marty Burger and Andrew Farkas Falls Apart
Bank OZK Supplies $62M Construction Loan for Lower Manhattan Apartments
Powell Hints Fed Won’t Lower Interest Rates Until Late This Year
Nationwide Provides $100M Refi for Nine South Florida Industrial Assets
Black Lion’s Robert Rivani Buys Miami Beach Office for $63M, Plans $50M Renovation
Lender Lists Savanna’s 360 Lexington For Sale Following Foreclosure Action
Argentine Steakhouse Baires Grill to Open New York Flagship in Tribeca
Insurance Provider Amwins Leases 16K-SF Office In Baltimore Suburbs
Demand From AI and Crypto Firms Are Straining the Country’s Electric Grids
Citi Real Estate Funding Provides $207M CMBS Funding for Two DC-Area Offices
Ken Griffin Moving Forward With 350 Park Avenue Office Tower Development
Colliers’ Michael Cohen On Filling All That Empty New York Office Space
New York Reaches ‘Conceptual Agreement’ for $237B State Budget
Partners Group Acquires Minority Stake in Hotel Developer Trinity Investments
TV Station New Tang Dynasty Buys Chelsea Office Building for $31M
Newmark’s Nick Berger Tapped to Lead Leasing for The Moinian Group
Clinical Research Group Expands Presence in Maryland’s Life Sciences Corridor
Investments in the Rental Segment Hold Strong, Driven by Expanding Demand
Prominent K-Town Developer Plans Apartment Towers on Wilshire Boulevard
Blackstone’s Loan on Schwab Building Hits Special Servicing, Modification Underway
Sales Deals of the Week: Ventura Multifamily Asset Fetches $133M
Finance Deals of the Week: A Massive $911M Refi in New York City
Terra Buys Piece of Demolished Deauville Hotel Site in Miami Beach
Northwestern Mutual Provides $127M Refi For Luxury Chicago Apartment Tower
NYC Council OKs Willets Point Soccer Stadium, Housing Redevelopment Plan
Waterbridge’s Joel Schreiber Scores Extension on L.A. Office Tower Loan
StackSource Acquired by L.A.-Based Firm, Investor and Founder Equity Wiped Out
Decron Sells SoCal Rental Community to AEW Capital for $133M
Sumitomo Mitsui Trust Bank Lends $911M on Citadel-Leased 425 Park
Fair Oaks Mall Gets Long-Term Loan Extension, New Management
Mayor Adams Tries to Spur More Housing Development With New Zoning Changes
Custom Menswear Retailer Proper Cloth to Open at The Herald in DC
Social Media Company Puff Media Expands to 15K SF at Industry City
Jamestown Acquires Publix-Anchored Tamarac Town Center for $23M
Fort Partners Adds to Surfside Holdings With $60M Buy on Collins Avenue
TPG Real Estate Credit Provides $104M Loan To ReFi Boston Parking Garage
Dwight Mortgage Trust Refis Nevada Multifamily Property With $30M Loan
Interactive Brokers Expands by 6K SF at 1133 Avenue of the Americas
Longfellow Completes Rockville Life Sciences Conversion on Spec
Lee & Associates Taps Avison Young’s Todd Korren to Lead NYC Leasing
Hal Fetner Steers Family Business Around Distress and New York Politics
White & Case Expands to 82K SF at Miami’s Southeast Financial Center
CRE Borrower Budgets Are Under a Lending Microscope in 2024: ULI Panelists
Gotham Organization, Monadnock Development Secure $270M For New Housing Project
NYC Housing Development Corp. Pays $52.7M for 120 Broadway Commercial Condo
Ariel and Global Real Estate Plan Major Expansion With Newly Formed Partnership
The SEC Left Out Scope 3 From Its Carbon Rules. Why It Still Matters.
Nonalcoholic Retailer Boisson Files for Bankruptcy, Closes Stores
Discount Retail Investor Wants to Save Some 99 Cents Only Stores
AI’s Rising Tide Has Potential to Transform Commercial Real Estate
Being Together Turns Out to Be a Big Office Amenity After All
Convene Adds 23K SF at 360 Madison After etc.venues Acquisition
Hudson Companies, Housing Works Land $105M to Build NYC Affordable Housing
Bravo Property Trust Provides $46M Construction Loan on New Jersey Resi Tower
InterVest Forms Partnership With Builders Capital, Acquires Minority Stake
Investment Manager VanEck Staying Put in 53K SF at 666 Third
Citywide Administrative Services Renews 43K-SF Queens Testing Center
Hidrock Properties Sells Financial District Development Site at Steep Discount
Open New York Has a Super PAC, and a New Roadmap to Solve the Housing Crisis
Crypto Trading Platform dYdX Opening First NYC Office at 38 Greene Street
Apple Bank Provides GFP Real Estate With $54M ReFi for SoHo Office Building
Dwight Mortgage Trust Refis Oregon Apartments With $59M Loan
Facial Studio Glowbar to Open First DC Location Later This Year
Blackstone Buying Multifamily Owner Air Communities for $10B
Ripco Nabs Adam Hakim, James Murad From Meridian to Expand Debt Platform
To Solve New York’s Housing Crisis, Hochul Hands Off to Private Groups
Hotel Developers Launch Florida Projects Aimed at Rocket Tourists
NYC’s Retail Availability Nosedives in First Quarter of 2024: Report
Derby Copeland Capital Buys Four Manhattan Buildings for $60M
Breakers Owners Buy Another Building on Royal Poinciana Way In Palm Beach
CL Credit Provides $24M Refi for Bronx Affordable Housing Development
Industrial Leasing in NYC’s Outer Boroughs Hits 5-Year High to Start 2024
Lease Deals of the Week: Regus Expands to 55K SF Near Penn Station
Port of Baltimore Was Booming Before the Key Bridge Collapse
Stoltz Real Estate Partners Buys Warehouse in Baltimore Suburbs for $41M
Disney World Plans Ambitious Expansion In Florida, But Releases Few Details
Mediterranean Hot Spot Motek to Replace Prime Fish in Miami Beach’s South-of-Fifth
Goose Property Management Nabs Boerum Hill Development Site for $40M
Garment District Building Owned by Eretz Group Heads to Foreclosure
Proptech Investment Tumbled 80% Last Quarter From 2022 Peak: Report
Valley National Bank Lends $105M to Build Flatbush Apartments
It Should Be ‘Do More in ‘24’ Rather Than ‘Survive Till ‘25’
MTA Will Open 53K-SF Police Training Facility in Long Island City
Bain Capital Teams With Harper’s 11North to Buy North American Shopping Centers
PCCP Provides $53M Construction Loan on 15-Acre New Jersey Industrial Site
California Landmark Group Sells L.A. Apartment Building for $43M
Adams Launches Workforce Development Council, Funding for Apprenticeships
Office CMBS Payoffs Increased to Start 2024 as $1.15B Came Due: Report
Astor Pays $10M for Little Havana Site Approved for 179-Unit Project
Related Group Sells Senior Community in Boynton Beach for $53M
SCG to Build 231 Affordable Housing Units in Northern Virginia
Columbia Plans All-Electric Research Facility in Washington Heights
State Street Bank Relocating to 30K SF at 601 Lexington Avenue
Insurance Capital Playing Increased Role in Commercial Real Estate Finance
Toll Brothers Refis Boston-Area Project With $81M Loan From Mesa West
Like Mike: Affinius Capital’s Michael Lavipour Is Leaning Into Market Opportunities
Lincoln Property Company Lands $65M Refi for L.A. Office Complex
RXR, Cantor Fitzgerald Taking ‘Smart Window’ Maker View Private
Calif. Congressmen Want to Turn Unused Government Buildings Into Affordable Housing
Investment Firm MacKay Shields Downsizes to 30K SF in Move to 299 Park Avenue
Edward Ostad Buys Four-Building Downing Portfolio for $21.9M
Republican Advocacy Nonprofit Renews 47K-SF Lease in Downtown D.C.
Fashion Institute Building in Miami Design District Sells for $27M
L.A. Apartment Rents Hit Record Highs in Q1, But Sales Have Stalled
Proptech and the Realtors Commission Settlement: What’s Next?
What a Tech Company Wants in Its Office, Per Guident CEO Harald Braun
King & Spalding Hires Jennifer Recine-Led Kasowitz Team to Business Litigation Group
DC Completes Early Renewal for 544K SF at Waterfront Station
Post-Champlain Reforms Will Hit Aging South Florida Condos Hard
L.A.’s Office Availability Hits Another All-Time High as Values Continue to Fall
MF1 Capital Provides $216M Loan on The Aire Residential Tower in New York City
Manhattan Office Leasing Still Muted, But Retailers Have Stolen the Show
Insurance Brokerage RSC Takes 28K SF at 485 Lexington Avenue
AI-Powered Drug Developer Insitro Renews 143K SF San Francisco Lab
Cracks Appear in Once Sturdy Market for Collateralized Loan Obligations