‘California Cool’ Fashion Stalwart Fred Segal Closes Remaining L.A. Storefronts
Developer Phipps Houses Relocating to 39K SF at Feil’s 257 Park Avenue South
Coworking Provider International Workplace Group Adds 17 Locations to California
Fed Pauses Interest Rates Again but Cuts Could Come Later This Year
Deutsche Bank Lends $70M to Build Whole Foods-Anchored Complex in Doral, Fla.
Embroidery Studio Trimworld Renews 11K SF at GFP’s 247 West 37th Street
BXP Exceeds Q2 Earnings Estimates Even as Leasing Occupancy Falls Slightly
Estates Cos. Lands $73M Construction Loan for Luxury Rental in West Palm
GrowthCurve Capital and Aperture Investors Sign Deals at BXP’s 250 West 55th
KKR Raised $32B in Q2, Closed $10B in Real Estate Deals Since April 1
KeyBank Provides $45M in Construction Financing For Washington Affordable Housing
Why Ex-Athletes Are in a League of Their Own in Commercial Real Estate
Greece’s Construction Comeback Might Be a Model for Other Countries
It Hurts to Pencil Out Multifamily Development in New York City These Days
Cushman & Wakefield Revenue Declines Amid Sharp Capital Markets Drop
Admin Provider TMF Group Takes 3K SF at Marx Realty’s 10 Grand Central
Blackstone in Talks to Buy Out Shopping Center Owner Retail Opportunity Investment
C Town Market Replaces Flatlands Avenue Rite Aid With 11K-SF Lease
Investment Firm Morrison Relocating NYC Office to Tishman Speyer’s 600 Fifth Avenue
Ex-Bronx Assemblymember Kenny Burgos Likely to Lead New Landlord Lobbying Group
Pembroke Lands 25K SF Worth of Leases in Downtown Washington, D.C.
Welltower’s Revenue Dips but REIT Predicts Strong Growth Thanks to Senior Housing
Equity Residential Posts Strong Revenue and Sales Metrics in Q2 2024 Earnings Call
Hochul Hands the MTA $54M for Part of Second Avenue Subway Project
Crunch Fitness President Chequan Lewis On Rapid Expansion Post-COVID
Hines Secures $160M to Acquire 258 Acres in Virginia for Single-Family Homes
Barings Provides $114M Refi for New 893K-SF Nevada Industrial Center
Ari Rastegar Seals $32M Construction Loan for Launch of Texas Master Planned Community
Kushner’s Nicole Kushner Meyer and Laurent Morali Talk Going Big in New Jersey
InterVest Capital Files $126.4M Pre-Foreclosure Notice at 30 Broad Street
Miami-Dade County Raising up to $265M to Finance Office Purchase
California Rents Decline Amid National Surge; Major Cities Buck Trend
Firebird Music Relocating to 7K SF at Kaufman’s 135 West 29th
Metropolitan Commercial Bank Lends $28M on Harlem Apartments
New York City’s Apartment Rents Are All Over the Map at Midyear
Stark Office Suites Signs 12K-SF Lease at Durst’s 825 Third Avenue
Overton Moore Raises $150M to Buy California Industrial Assets
Overbuilding in Multifamily Today Means a Lack of New Units Tomorrow
EV Charging Provider Revel Signs 19K SF Lease in Downtown L.A.
New Jersey Office One Met Center Defaults on $76M CMBS Loan: Trepp
John Catsimatidis Grabs $57M Loan for Chelsea Mixed-Use Project
Willkie Farr & Gallagher Renew 315K SF at 787 Seventh Avenue
GSA Pauses Relocation, Expansion Plans for D.C. FEMA Headquarters
Spirits Brand Hercules Mulligan to Open First Taproom at Seaport’s 220 Front Street
Newsom Orders California Agencies to Remove Homeless Encampments
L.A. County Looks to Buy Distressed Gas Company Tower Ahead of Foreclosure Auction
Meridian’s Yoni Goodman Set to Leave Firm Amid Freddie Mac Investigation
Overprescribed: Bay Area Has Too Much Life Sciences Space and Not Enough Demand
Socceroof Opening 20K-SF Indoor Facility at 28 Liberty Street
Alexandria Real Estate Checks Life Sciences Ambitions in Latest Earnings Call
Hochul Tells Comptroller to ‘Get in Line’ Over Congestion Pricing Fight
Acore Hires Matthew Drummond to Lead Firm’s New High-Yield Investment Division
Stalking Horse Bidder Negotiations Still Open for L.A.’s Oceanwide Plaza Project
Greek Products Importer Takes Big Fat Lease at Long Island City Warehouse
Mavik Capital, Valley Bank and IDB Lend $107M on LIC Mixed-Use Tower
Invesco REIT Tops $1.4B in Originations, Leans Into Bank Lending Gap
The Plan: Meatpacking District’s Past and Present Merge at Tavros’ 50 Ninth
Baltimore Peninsula Secures Two More Offices Leases Totaling 14K SF
Atlantic and Northwestern Mutual Buy Dev Site Near Pompano Beach Casino
Aby Rosen Secures Short-Term Extension on Troubled 285 Madison Avenue Loan
Tinder Founder Leads $211M Mixed-Use Deal on Beverly Hills’ Rodeo Drive
Tyko Capital Lends $565M for 830 Brickell Office Tower in Miami
Popular Indian Restaurant Gazab Takes 3K SF for New Eatery at 202 Avenue A
Downtown L.A.’s Oceanwide Plaza Project Stalls Again as Stalking Horse Bidder Falls Through
Flight Club to Open Darts-Centric Bar at 31 Union Square West
LoanCore Capital Provides $85M Refi for Queens Air Cargo Industrial Warehouse
Community Solutions Raises $135M to Acquire Affordable Housing Across U.S.
Paris Olympics Leans Into Sustainability in Construction and Operations
Can Los Angeles Handle Thousands of Visitors for the 2028 Olympics?
D.C. Office Owned by Brazilian Billionaire Sent to Special Servicing
Douglaston, Ares Cashing Out $116M in Hudson Yards Apartment Tower Refi
Bank United Provides $70M Refi for CUNY Journalism School HQ
Iconic Hollywood Restaurant Hits Market With $100M Price Tag
Newrock Lands $60M Financing for Another Resi Building Near Historic KenAnn Property
Trump Asks Manhattan Court to Overturn $454M Civil Fraud Verdict
Lawmakers Oppose Related’s Plan to Build Hudson Yards Casino
Union Square Is Building Back After Pandemic With Public Attractions
NBA’s Taj Gibson Tries His Hand at Building Housing on Brooklyn Home Turf
Proptech in the Luxury Residential Market Is All About Access
Walker & Dunlop Provides $286M Refi for Temple University Student Housing
Hudson Valley Parking Trust, Broe Group Team Up to Acquire Icon Parking
Jewelry Brand Cadar Opening First Retail Store at 875 Washington Street
GHC Acquires 225-Unit Senior Living Facility in SoCal for $34M
Battery Park City Providing $500M for Housing Projects Across NYC
Bank OZK, Affinius Provide $120M Construction Loan for San Jose Industrial Park
Downtown L.A.’s Oceanwide Plaza Project Could Get a Second Shot at Life
Lawmakers Must Solve the Insurance Crisis Driving New York’s Affordable Housing Crunch
5 Questions on STRs With Ricardo Dunin of Miami-Based North Development
Namdar and Empire’s 345 Seventh Avenue Headed to UCC Auction
Fortress Takes Control of Fort Lauderdale Yacht and RV Park in $86M Deal
3650 REIT Provides $51M Refi on Midtown Residential Properties
Howard Hughes Board of Directors Approves Seaport Entertainment Split
Prime Finance Lends $54M on NYC Rent-Regulated Multifamily Portfolio Purchase
Prologis Requests New Zoning, Higher Density for NoVA Data Center Development
Kayne Anderson Adds Lee Levy From Goldman Sachs to Lead CRE Debt Platform
Brasserie Cognac Opening Third Manhattan Outpost at 461 Fifth Avenue
Blackstone Looks to Foreclose on Art Deco Landmark the McGraw-Hill Building
Brightwood Capital Renews 17K-SF Lease at 810 Seventh Avenue
Minskoff Defaults on $250M Loan Backing 500K-SF Office on L.A.’s Westside
Citi Real Estate Funding Provides $85M Refi for Ashkenazy’s UWS Hotel
The Plan: 79th Street Replacement Dock House Finds Its Sea Legs
Aggregate Real Estate Investors Buys Maryland Retail Plaza for $28M
Maxim, Sabal, and GDSNY Supply $50M Refi on Manhattan Office Building
Cold-Storage Firm Lineage Predicts $4B Windfall in Upcoming IPO
MHCommercial Proposes Adding 289 Apartments to South Florida Office Complex
GID Real Estate Buys San Diego Trophy Multifamily Building for $167M
Software Developer Automattic Renews 12K-SF Office at 166 Crosby Street
Investment Firm Ares Management Expands to 307K SF at 245 Park Avenue
PCCP Lends $61M Construction Loan on 420K-SF N.J. Industrial Property
Blackstone Finalizes Expansion to 1.06M SF at 345 Park Avenue
Barings Provides $244M Refi for 6.4M-SF Industrial Park Outside Kansas City
Law Firm Faegre Drinker Keeps 42K-SF Office at Silverstein’s 1177 Ave of the Americas
Orange County Industrial Market Continues Cool-Off This Summer
Elon Musk to Move Both X and SpaceX From California to Texas
Prime Finance Provides $44M Loan on San Jose Courtyard Hotel
Florida Developer Sergio Pino Found Dead Amid FBI Investigation
Moody’s Launches GenAI-Powered Tool to Warn Clients About Portfolio Health
RXR Explores Converting Helmsley Building After Default of $670M Loan
Financial Firms Telsey Advisory and Maritime Capital Renew at 555 Fifth Avenue
Lightstone Capital Lends $34M Bridge Loan for Jersey City Apartment Tower
Marcus & Millichap On the Science and Art of Tech and AI in Commercial Real Estate
In San Francisco’s Elections, Commercial Real Estate’s Future Is on the Ballot
Charles Schwab Renews 23K-SF Offices at Durst’s 1133 Avenue of the Americas
Aragon Properties Wins Approval for 327-Unit L.A. Apartment Complex
Mesa West Capital Provides $47M Refi for Virginia Senior Living Community
Infinity Real Estate Proposes 28-Story Rental in Miami’s Little River
Acore Capital Supplies $53M Construction Loan on Philly Industrial Project
Apparel Brand L’Agence Moving UES Outpost to Bigger Digs on Madison Avenue
French Bilingual Academy The École Leases 46K SF at 120 East 23rd Street
Popular Restaurant Group Unapologetic Foods Opening East Village Indian Eatery
LCOR Aims Its Hoboken Connect at Reactivating a Stretch of Jersey Waterfront
Gold Rush for Manhattan Retail Space Waning, Thanks to Lack of Availability
Hidrock and Robert Finvarb Use Live Local Act to Propose 39-Story Rental in Wynwood
Arbor Realty Trust Facing Legal Probe Into Lending Practices, Disclosures
Another Brookfield L.A. Office Tower Wades in Financial Distress
KeyBank Provides $65M Financing Package for Salt Lake City Affordable Housing
Benefit Street Partners Lends $210M on New Jersey Condos Project
Dwight Mortgage Trust Refis Indianapolis Apartments With $27M Loan
Extell’s Supertall Skyscraper at 570 Fifth Avenue Secures $340M Refinancing
Stifel Financial Shrinks Baltimore Office Footprint With New 35K SF Lease
SoCal’s Inland Empire Industrial Market on the Comedown: Report
Ben-Josef Group Pays $20M for 29-Unit Boerum Hill Apartment Building
Chipotle Founder Steve Ells Opening Second Robo-Eatery Concept, Kernel, in NoHo
FHLBank of San Francisco Provides $49M for Calif. Affordable Housing
Venice Community Housing Awarded Up to $65M for 120-Unit Project in L.A.
CBRE Keeping Its 180K SF at MetLife Building for Another 13 Years
The Plan: Cravath Lures Lawyers Back With a French Café and Communal Spaces
Bristol County Savings Bank Makes $28M Loan on Boston Industrial Portfolio
Kroger, Albertsons Unveil Stores They’d Sell Ahead of $25B Merger
Valley National Bank Lends $72M on Greenwich Village Condo Tower Project
Law Firm Hyman, Phelps & McNamara Inks 19K-SF Relocation Lease in D.C.
William Norgard Opening 10K-SF Cannabis Dispensary in Times Square
Fortune International Pays $31M for Casa Tua Condo Tower Dev Site in Brickell
Optimus Properties Sells Office-to-Resi Development in L.A.’s South Bay for $31M
Slatkin Brothers Land $400M Refi for SoCal Beachfront Hotels
Affinius Capital Provides $113M Refi for Yonkers Luxury Multifamily Building
Marketing Company Cheil Moving to 37K SF at Vornado’s Penn 1
Manhattan Leasing Momentum Creeps Toward Pre-Pandemic Levels in Q2
Aareal Capital Supplies $148M Refi on Harlem’s Tallest Tower
Gotham Opening Second Cannabis Dispensary at The Refinery at Domino
L.A. County Industrial Market’s Growth Declines Further in Second Quarter: Report
MetLife Wins Garment District Office Property in Foreclosure Auction for $30M
Multifamily Rents Rise Nationally as Immigration, Insurance Push Costs Higher
Building Known for Harboring Watergate Burglars Trades for $68M
Next Jen: King & Spalding’s Top Lawyers Have Their Hands Full in Today’s Market
Forté Development Lands $48M Loan for a Lux Jupiter Condo Complex
Redwood Dev Co Proposes 2,190-Apartment Project in North Miami
Commercial Real Estate Attorneys Navigate Increasingly Complex Transactions
Saks, Neiman Marcus Merger Signifies Decreasing Need for Large Luxury Stores
Goldman Sachs Provides $430M CMBS Refi for Fairmont Austin Hotel
MetLife Acquires SoCal Office From Former Borrowers at 45% Discount
Federal Government Kicks in Another $6.8B in Funding for Gateway Project
Barings, Counterpointe SRE Lend $165M on Connecticut Mixed-Use Project
43% Decline in Valuations for Distressed Properties So Far in 2024
David Ellison’s Skydance Media to Merge with Paramount Global
Southern Realty Trust Lends $35M Refinancing on Austin Senior Housing Community
CREA, Lument, Woodforest Provide $26M for Houston Housing Acquisition
Lendlease Sheds Vast U.S. Military Housing Portfolio for $323M
First-Time Buyer in U.S. Snaps Up Retail Condo at 2 Times Square
Why the Number of UCC Foreclosures in CRE Has Spiked in Recent Months
Willow Tree Credit Partners Signs 11K-SF Deal at 450 Park Avenue
Adler & Stachenfeld’s YuhTyng Patka Carves a Lane in NYC Development Incentives
Lenders in New York City’s Multifamily Market Should Lean Into Short Sales
The Super Rich and Family Offices Are Changing Real Estate Capital Markets
L.A. City Council Rejects Effort to Halt Hollywood Multifamily Project
Paul Singer’s Elliott Investment Takes 149K SF at 280 Park Avenue
Beverly Hills Rejects Leo Pustilnikov’s 19-Story Project Appeal
Sources: JVP Management Provides $1.2B Refi for Extell’s UWS Luxury Tower
Madison Realty Capital, SteepRock Lend $71M Refi South Florida Apartments
Green Street Appoints Two Growth-Focused Executives in SoCal
Berkadia, Freddie Mac Provide $40M Acquisition Loan for Florida Apartment Community
Law Firm Emery Celli Increasing Offices in Move to 22K SF at 1 Rockefeller Plaza
Wells Fargo Deploys $256M on Staten Island Affordable Housing Renovations
Hawkins Way Capital Buys New School Student Housing Building for $30M
BXP Doubles Down on Office Plans for Reston Town Center in Va.
Silverstein Gets Control of Brooklyn Tower From Michael Stern in $672M Deal
Nonprofit Buys East Harlem Building for $172M to Create Affordable Housing
Midyear 2024 Proptech Outlook: AI, ROI and the Triumph of the Practical
Crypto Winter’s Thaw Warms Up Leasing, Sales Activity in Bay Area
Church Buys New Plantation Rental from PGIM-led JV for $133M
Ikea Buys Real Estate on Fifth Avenue for Small-Format Store
Langan’s Irish Pub Slated For Midtown Reopening After 4K-SF Lease Deal
Gerschel Family, Soboroff Partners Sell Malibu Retail Plaza for $80M
Universal Music Group’s 226K-SF Office Renewal Led L.A.’s Slow Q2
Affordable Housing Development at Greenpoint Hospital Site Lands $235M Financing
Staley Point Capital Lands $24M Mortgage Loan for SoCal Storage Facility
Management Consultant Kearney Moving to 28K SF at Empire State Building
D.C. Office Vacancy Hits Yet Another Record High in Q2: CBRE
PGIM Provides $148M Refi on Multifamily Tower in Midtown Miami
Law Firm Orrick, Herrington & Sutcliffe Renews 144K SF at 51 West 52nd
Namdar and Empire Capital in Talks to Hand Back the Keys at 345 Seventh Avenue
Blackstone Winding Down Home Partners of America; Tricon to Manage SFR Assets
Lease Deals of the Week: Classic Car Club Parks at 60K SF on 11th Avenue
Finance Deals of the Week: Morgan Stanley Makes $750M Loan on NYC Office Refi
Sales Deals of the Week: Amazon Spurs Multifamily Investment Near HQ2