GPI Companies Buys North Hollywood Apartment Building for $93M
Month: September 2024
LVMH Secures 150K-SF ‘Swing’ Office Space at 590 Madison Avenue
Société Générale Provides $94M Refi for Boston-Area Life Sciences Property
Renting Gains Appeal as More than 20% of Homeowners Are ‘House Poor’
Broadway 4D Opening 25K-SF Entertainment Attraction at 234 West 42nd Street
Site Centers Sold Target-Anchored Property in Midtown Miami for $83M
Maxim Capital, BH3 Lend $74M on South Florida Condos Development
Manhattan Office Vacancy Drops As Leasing Activity Rises in Q3
Supermarket Chain 99 Ranch Market Set to Open at 37-11 Main Street in Queens
Commercial Observer’s Annual Power Gala Gets a Boost From the Fed
360 Bowery Gets Gut Health Boost From Chobani With 121K-SF Lease
New York City Could Do With More Hotel Rooms, But Myriad Factors Are in the Way
Fintech Firm Ramp Rises Up to 132K-SF Lease at 28-40 West 23rd Street
Walker & Dunlop Provides $137M Acquisition Loan for Boston Multifamily Complex
Benefit Street Partners’ REIT Franklin BSP Realty Trust Closes $1B CRE CLO
RFR Trying to Stop Ground Lease Termination on Chrysler Building
Job Warshaw Lands at Iron Hound After Leaving Starwood Special Servicer
Food Delivery Service, Pilates Studio Ink Deals at 1029 Fulton Street
Eastbanc, JBG Smith Sell D.C. Apartments Near Old Kamala Harris Condo for $79M
Vanbarton Group Seeking $265M Acquisition and Construction Loan for 77 Water Street
Andrew Farkas’s Island Capital Group Buys Doral Office at Discount
Accounting Firm Weaver and Tidwell Upsizes Penn 1 Lease, Consolidates NYC Workforce
Fintech Company Pinwheel Takes 5K-SF Office at 36 East 12th Street
Executive Airport Property in Fort Lauderdale Sells for $25M
Vanderbilt University to Open 150K-SF NYC Campus at Episcopal Seminary
Just 3 Life Sciences Assets Traded Hands So Far This Year in the U.S.
TP-Link Systems Buys SoCal Office for New Global Headquarters
Sam Chang Sells Long Island City Hotel to Letap Group for $56M
Bottega Veneta and Versace-Leased Properties in Palm Beach Sell for $30M
Bribes and ‘Clumsy Cover Ups’ Among Allegations Against Eric Adams
Durst Lands $105M Recap from Affinius for Long Island City Resi Tower
Friedland Properties Snatches Up 673 Madison Avenue for $36M
Cross River Bank Sells $217M New York Loan Portfolio to Keystone Equities
Vanbarton Group Set to Buy 77 Water Street for $95M for Office-to-Resi Conversion
Acadia Realty Buys West Village Retail Properties From Brookfield for $20M
The Plan: Halo Event Space Makes Debut at Fosun’s 28 Liberty Street
Merchants Capital Provides $59M Toward Maryland Affordable Housing Project
City Planning Commission Says Yes to Mayor’s City of Yes for Housing Opportunity
International School Renews and Expands to 22K SF at 815 Second Avenue
How the Big Special Servicers Are Tackling Troubled CRE Loans
Ample Hills Among Slew of Tenants Taking Space at Brooklyn’s Whale Building
Société Générale Provides $37M Refi on Jersey City Apartments
Clipper Equity’s $100M CMBS Loan on Brooklyn Office Building Now Delinquent
Law Firm Moving to 26K SF at Union Investment’s 140 Broadway
Immersive Media Art Exhibition Arte Museum Takes 52K SF at Chelsea Piers
Cole Haan Stays Put and 32BJ Expands at RXR’s 620 Avenue of the Americas
How New York’s Affordable Housing Industry Helps Lead in Combating Climate Change
Leo Pustilnikov Used California’s ‘Builder’s Remedy’ to Push Multifamily Development
Casey Wasserman Is Preparing L.A. for Its Biggest Event: the 2028 Olympics
It Might Seem Bleak, But There’s Reason for Optimism in Los Angeles’ CRE Market
Kroenke’s Massive Hollywood Park Development Adds 3 Retail Tenants
Unpaid Utility Bills Sends Industrial CMBS Loan to Special Servicing
LoanCore Capital Provides $55M Bridge Loan on Sarasota Senior Housing Community
Bridge Industrial Secures $53M Loan to Redevelop Former Ryder HQ
NewYork-Presbyterian Hospital Takes 10K SF at Simone’s Bronx Medical Building
New York Climate Legislation Drives Surge in Leasing for Renewable Energy Companies
LBX Investments, Broadwill Pay $87M for D.C. Mixed-Use Property
Adams Announces $260M in Grants for Brooklyn Marine Terminal, Inwood Greenway
Apollo Global Management Provides $159M Refi for Brooklyn Multifamily Property
Waste Management Company Waste Connections Buys Queens Plant for $27M
Entertainment Platform Fever Takes 7K-SF Offices at 50 Greene Street
NYC Department for the Aging Moving to 80K SF at 14 Wall Street
Sunday Summary: This Is the Jerome Powell We’ve Been Waiting For!
Metro Loft, InterVest Gear Up for 1,350-Unit Conversion at 111 Wall Street
Maryland’s First Net-Zero Energy Development Nabs Full Funding
Council Member Wants to Block Extell’s Bank Proposal at The Belnord’s Retail Condos
CRE Investors Poised to Deploy Capital After 50 BP Interest Rate Cut
Health Care Construction as Sustainability Regs Loom: What Works?
Chetrit Group Defaults on $8M Loan at LES Residential Development Site
Meridian’s Yoni Goodman Joins Ronnie Levine, Seth Grossman at Green Pine Real Estate
Nuveen, Union, Clarion Sell Office and Retail Condos at 636 Avenue of the Americas for $70M
Affinius Capital Provides $68M to Refi Queens Multifamily Property
ASG Equities Looking for Partners or Buyers of Former Bay Ridge Century 21
The Plan: 10 Grand Central Gets a Train-Themed Tenant Lounge
Helmsley Spear Moving HQ to 747 Third Avenue, Expanding to 15K SF
Huntington Beach, Calif., Approves 29-Acre Mixed-Use Project
Sneaker Retailer Snipes Opening 7K-SF Store at Throggs Neck Shopping Center
Flatiron, Mequity to Convert 152 West 36th Street Office Building Into Self-Storage
South Miami Taps 13th Floor Investments for $309M City Hall Revamp
Brooklyn Private School YDE Inks 18K-SF Deal at 1870 Stillwell Avenue
Maxim Capital Group Lends $118M on Hudson Yards Condo Development
CMBS Loan Backed by Pittsburgh’s Gateway Center Sent to Special Servicing
Doe Fund Buys Bronx Residential Site at 2738 Creston Avenue for $26M
Crypto Firm Circle Takes Over 34K SF at 1 World Trade Center
Mount Sinai West Renews 22K-SF Office at 200 West 57th Street
Chicago Multifamily Has Become Popular by Threading the Supply and Demand Needle
Furniture Maker AIS Expands 257 Park Avenue South Showroom to 13K SF
Lander Looks to Close Corruption Loopholes While Adams Fends Off Federal Probe
Hackman Capital Takes Over Management of L.A. Mixed-Use Portfolio
Maddd Partners With Joy and Food Bazaar to Buy Bronx Development Site for $23M
Rosa Mexicano Moving Upper West Side Eatery to 12K SF at Empire Hotel
Lennar Paid $53M for 75 Acres Near Outer Corner of Broward County in South Florida
Apollo Provides $172M in Construction Financing for 144-Unit Luxury Miami Tower
Mayor Eric Adams Appoints Small Business Services Commissioner
Gencom Closes on $300M Acquisition of Thompson Central Park Hotel With $230M Loan
A Little-Known Corner of the Lending Industry Can Help Our Housing Crisis
Cushman & Wakefield Absorbs Progress Capital’s Brokerage Team
Amazon Employees Must Work in Office 5 Days a Week, CEO Says
David Schwartz’s Waterton Raises $1.7B for Multifamily Investment Fund
PR Conglomerate Orchestra Consolidating to 42K SF at 195 Broadway
Battle for Congress to Shape CRE Finance Policy in Washington
Victoria’s Secret Moving Across the Street on Lincoln Road in Miami Beach
Private Equity Firm 17Capital Leaves One Vanderbilt for 452 Fifth Avenue
Slate Property Group Provides $135M Construction Loan for Bronx Project
Proptech Hub CRETI Launches Curated Venture Capital Platform
VC Firm Moderne Ventures Raises $230M Fund to Invest More in Proptech
Multifamily Investor Cortland Forms Prefered Equity JV With Declaration Partners
California Legislature Passes New Guidance on Controversial ‘Builder’s Remedy’ Rule
Metropolitan Realty Buys 10-Building Harlem Rental Portfolio for $64M
Looking for a Smart Bet in the Market? Multifamily Development Is Your Hedge.
Television City Overhaul Gets Green Light From L.A. Planning Commission
CMBS Loan on Four Stamford Office Buildings Owned by RFR Hits Special Servicing
Former Robert Morris University Office in Chicago Appraised at Paltry $9.2M
Extell Set to Sell 180 East 125th Street Development Site for $70M
On Housing Construction, Kamala Harris and Donald Trump Diverge Dramatically
Ripco Hires Michael Winter to Bolster Capital Markets Platform
PGIM Hires BGO’s Richard Price to Lead Latin America, Asia and Europe Investments
Developer Secures Construction Loan for South Florida Warehouse
Kimpton and Extell Plan 529-Key Hotel Next to Rockefeller Center
$300M Loan Tied to Downtown L.A. Office Tower Heads to Special Servicing
CREW New York Event Assembles Expertise on the City’s Recovering Retail
Pizza Shop Paulie Gee’s Cutting Out a 4K-SF Slice of Retail in Gowanus
SoCalGas Signs New Lease While Ditching Namesake Tower in Downtown L.A.
Commercial Real Estate Hedges on Federal Probes Surrounding Mayor Eric Adams
Charles Laginestra Leaves Fisher Brothers’ In-House Leasing to Return to CBRE
Madison Realty Takes Control of HAP’s 4452 Broadway for $27M Via Bankruptcy Sale
Under Armour to Close SoCal Facility Amid Corporate Restructuring
Chicago Investor Buys South Florida Assisted Living Facility for $64M
Empire Outlets’ Anchor Tenant Nordstrom Rack Leaving Staten Island
Events Company Posh Relocating to 11K SF at 40 Crosby Street
Capstone, AmTrust Set to Buy Savanna’s 360 Lexington Avenue at $115M Discount
Nonprofit The Bridge Signs 9K-SF Lease at 521 Bergen Avenue in the Bronx
Housing Costs ‘Main Factor’ Driving Inflation, Even as Rates Cool: Report
Edwards Companies Lands $119M to Complete Mixed-Use Dev in Downtown Delray Beach
Tax Pros Take on the Challenge of Big Write-Downs on Troubled New York Properties
Extell and Ikea Planning 29-Story Office Building at 570 Fifth Avenue
Cosmetology School Aveda Arts Relocates From SoHo to Dumbo Office Tower
NYC Health + Hospitals Takes 10K SF at Murray Hill Medical Building
Starwood, Artisan Ventures Surrender 1.6M-SF SoCal Office Towers
Peachtree Refis Downtown Columbus Hampton Inn With $26M Loan
Dog PPL, the ‘Soho House for Dogs,’ Opening First NYC Location in Williamsburg
Major Housing and Hotel Planned at South Miami’s Shops at Sunset Place
Bridgewater Set to Sign Lease for First NYC Office at 295 Fifth Avenue
Developer Pays $30M for NoMad Hotel Site Previously Facing Foreclosure
Bushburg Closes on $160M Acquisition of Rudin’s 80 Pine Street With $100M Loan
Galvanize Climate Solutions’s Nicolette Jaze On Sustainable Proptech
Small-Bay Warehouse Owners and Operators Expand Niche Post-COVID
Smith Hill Capital, Bain Capital Lend $57M on Nashville Hotel
Catal Group Hires Avison Young’s Trisha Connolly-Horowitz to Run New Debt Fund
The New School Renews 20K-SF Drama School in Westbeth Artists Housing
RXR’s Scott Rechler Shares His Investment Strategy Amid CRE Dislocation
Related and Integra Paid $100M for the St. Regis Condo Site in Miami
Streaming Service Philo Takes 8K SF at One Willoughby Square
Advanced Real Estate Pays $62M for Downtown L.A. Apartment Building
MF1 Capital Provides $165M for JCS Realty’s Bronx Residential Project
Discount Retailer Big Lots Files for Bankruptcy, Will Sell Business to Private Equity Firm
Fashion Brand Moncler Subleasing 24K-SF Storefront From Under Armour at 767 Fifth
NYC Mayoral Candidate Brad Lander On Housing, Office Conversions and Rezoning
Bank OZK, Affinius Capital Provide $135M Construction Loan for Logistics Center
Auction House Bonhams Moving NYC Showroom to 42K SF at 111 West 57th Street
A New York City Property Tax Overhaul? It Could Finally Happen.
Schindler Elevator Moving to 23K SF at 1133 Avenue of the Americas
Developers Plan Massive Hollywood Apartment Complex Instead of Office, Studios
Red Lobster Crawls Out of Bankruptcy After Being Acquired by New Investors
California Bill Mandating Buffer Zones Around New Warehouses Heads to Newsom
Zar Property Buys 67K-SF Building Near Union Square for $27M
Schmier Buys Mixed-Use Property Near Town Center at Boca Raton Mall
Financial Advisers Exbo Group Signs 6K-SF Lease at 740 Broadway
LaTerra Secures Construction Loan for L.A. Self-Storage Development
Developer Proposes Workforce Housing Near Seminole Hard Rock in South Florida
$73M Key Bridge Rebuild Contract Goes to Kiewit Infrastructure
American Express Could Anchor Silverstein’s 2 World Trade Center Development
Refinery at Domino Signs Ao Hospitality, Knocking as Tenants
Private Club and Restaurant Casa Tua Opens 3K-SF Warehouse in Brooklyn
Sterling Group Pays $20M for Seven Rent-Stabilized Buildings in Sunset Park
New Jersey’s ConnectOne Cuts CRE Exposure By Purchasing Regional Bank Rival
Events Firm Axios NYC, B Live and Color Atelier Take Space at Industry City
Morgan Stanley, Tiger Management to Vacate 102K SF at 101 Park Avenue
Virgo Business Centers Renews 41K-SF Office at 1345 Avenue of the Americas
Ulysses Management Relocates Within 1 Rockefeller Plaza With 12K-SF Lease
Colliers Promotes Jodie Poirier to President of Occupier Services in the Americas
Related Group and Integra Score $527M to Build Miami’s St. Regis Condo Complex
RFR Holding Plans to Resolve Debt Issues Without Selling Its Class A Buildings
A Sleek Office Building in Brooklyn’s Red Hook? That’s the Plan — for Now
The Plan: Vibrant Emotional Health Keeps Calm, Cool and Collected at 80 Pine
RSA and CHIP Officially Join Forces to Form New Landlord Lobbying Group
Shvo’s Beverly Hills Condos For Sale After Bankruptcy Notice
Charlotte, Minneapolis, San Francisco Lead CRE Distress Rates
North Palisade Partners Expanding Self-Storage Platform, Taps New Team Leader
MF1 Capital Provides $24M Takeout Construction Loan on Brooklyn Apartments
In East Harlem, the Case for Brick-and-Mortar Diversity and Inclusion
A Higher Power: Who Bankrolls America’s Data Center Boom, and Why
Software Company Citrix Sells HQ in Fort Lauderdale for $37M
U.S. Shopping Malls See Surge in Crowds Over Labor Day Weekend: Report
Cerberus Closes $200M Credit Facility for U.S. Data Center Acquisitions
Hedge Fund Christofferson Robb Moving to 19K SF at 680 Fifth Avenue
Venture Capital Company Loeb Enterprises Renews 18K-SF Office at 712 Fifth Avenue
Tighter Fannie, Freddie Underwriting Unnerves Commercial Real Estate
April Housing’s Alice Carr and Perica Bell On Scaling Affordable Housing
MilkMate Founder Patrice Meagher On Scaling Lactation Services in the Workplace
How Landmark’s Wes Rogers Became America’s Largest Student Housing Developer
Why the Manhattan Office Leasing Market Has Been So Busy This Summer