Rents Near L.A. Fire Areas Rising Faster Than County Average: Report
Month: May 2025
Trump Administration Greenlights Quick Disposal of Massive Federally Owned Offices
Massimo and Alberta Ferretti Sell 30 West 56th Street to PLT Energia Owner for $22.4M
New York Life Provides $136M Refi for Hawaii’s Fairmont Orchid Hotel
Synovus Bank Lends $45M for Orlando-Area Retail Center Acquisition
SportsLabs NYC Opening 7K-SF Personal Training Spot at 63 Wall Street
Israel Discount Bank Provides $37M Refi for South Florida Apartments
The Investment Model? Sell Your Hospital to a REIT. The Results?
Palisade Group Buys Fully Leased Industrial Park in L.A. County for $97M
Architectural Flooring Resource Signs 9K-SF Lease 114 West 26th Street
Luxury Residential Developers Trying to Keep Up With Tenant Demands: Forum
Kane Affiliate Plans Non-Data Center Industrial Facility in NoVA
Rivington Files Plans to Convert Two Bridges Church Into Housing
Paris-Based Fashion Brand Brut to Open First U.S. Store on the Lower East Side
Contrarian Commercial Real Estate Investors Can’t Get Enough of the Uncertainty
AXA Provides $80M Refi for New York City Luxury Rental Building
Capping Ground Lease Charges for New York Co-Ops Would Be Disastrous
Peachtree Group Leads $44M Construction Loan for Nebraska Apartments
SomeraRoad Buys Brooklyn’s Hotel Bossert for $100M With Plans for Housing
D.C. Mayor Bowser Unveils Plan to Fund RFK Stadium Redevelopment
NYC Council Approves Brooklyn Rezoning Set to Create 4,600 Homes
Acore Provides $48M Refi on Florida Luxury Apartment Complex
Jamison Lands $220M Financing Package Toward Multifamily Towers in L.A.’s K-Town
Construction Firm Navillus Contracting Takes 5K SF at 1776 Broadway
Madison Realty Capital Lends $71M for Connecticut Apartments Development
Senior Care Provider Elderserve Health Renews 15K-SF Lease at 1630 East 15th Street
New Jersey’s American Dream Mall Sees Value Plummet by $800M
Clipper Equity Buys Harlem Development Site From Durst for $50M
BridgeCity Provides $34M Construction Loan for Astoria Apartments Project
13th Floor, Barings Land $125M To Build Rental Tower in Miami
Bridge Investment Group Lands $87M for San Diego Multifamily Deal
Horror-Themed Book Cafe Twisted Spine to Open in Williamsburg
New Cushman & Wakefield Execs Lean Into Opportunity in the Economic Iffiness
The Plan: 200 East 75th Street Combines Old-World Charm With Modern Luxury Living
Kramer Levin’s HSF Merger Will Boost the New York Firm’s Real Estate Practice
Mani Brothers Secure $125M Refi From JP Morgan for West Hollywood Office
Blackstone Seals $850M CMBS Loan to Buy Stake in 1345 Avenue of Americas
AEW Capital Management Hires Lauren Holden as Head of Retail
Rent Guidelines Board Scales Back Rent Hikes on Rent-Stabilized Apartments
Federal Judge Temporarily Stops Shutdown of Congestion Pricing by Trump
Voya Provides $47M Refi on Multifamily Complex Off Florida’s Navarre Beach
4K-SF Food Hall Opening at 120 Liberty Street in the Financial District
Veterinary Practice Takes 3K-SF at Greenpoint Residential Building
Suvretta Capital Management Inks 12K-SF Lease at 11 East 26th Street
Maxim Capital Lends $27M for Construction of Upper East Side Condos
Related Group Lands $231M to Build Luxury Fort Lauderdale Condo
New York City’s Daphne Rubin-Vega Is a Go-To Attorney on Housing Deals
Samantha Rudin Earls and Michael Rudin On the Family Firm at 100
Sunday Summary: A Not-So-Savage Journey Into the Heart of ICSC
SL Green Files Plans to Convert 750 Third Avenue Into 680 Apartments
Camber Property Group Buys Brooklyn Multifamily Property for $72M
Greystone Closes $901M CLO Offering Secured by 28 Multifamily Properties
Goldman Sachs Lends $111M Construction Loan for Luxe Rental in Miami
BridgeCity Capital Supplies $69M Construction Loan for Chicago Resi Tower
Empire Capital to Buy Park Avenue South Office Buildings for $130M
High Street Residential, MetLife Secure $186M Refi for D.C. Resi Buildings
JP Morgan Chase Lends $7B on Oracle-Leased Texas Data Center Development
State Gives Green Light for 5 Times Square Conversion Into 1,250 Units
Pinnacle Group Puts 5K Units With $574M in Debt in Bankruptcy
Oceanfront Site in South Florida’s Pompano Beach Hits the Market for $175M
Law Firm Fox Rothschild Expands to 75K SF at 101 Park Avenue
Phoenix Realty Buys Bronx Apartment Buildings From Camber for $55M
AI Firms Continue to Boost San Francisco’s Office Market — a Lot
Adams Announces $400M Investment to Fund Fifth Avenue Redesign
Venture Capital Firm Interplay Inks 5K SF at 363 Lafayette Street
Truist Provides $84M Senior Financing Loan for Savannah Industrial Property
BNY in Talks to Sublease 200K SF From Condé Nast at 1 World Trade Center
Capital Markets Find Their Footing in Retail as Investor Confidence Grows
Law Firms Continue to Lead US Leasing in 2025 as Volume Doubles in Q1: Report
With New York Cannabis Stores, Does Calling It ‘Luxury’ Help in Leasing?
Steven E. Baker and Lee Block On Taking a Repositioned RTL in New Directions
The Plan: Adellco’s Armorie Is Equipping the Flatiron With More Luxury Living
MCB Real Estate’s Gina Baker Chambers On Building Retail Where People Live
MIC Capital Partners Expands to 36K SF at RFR’s Seagram Building
Developer Seeks to Turn Former St. John’s University Building Into Housing
Giuseppe Iadisernia Secures $112M From S3 to Finish Florida Condo Tower
Forget AI — Abundant Intelligence Is What Will Transform CRE
Vanbarton to Buy 6 East 43rd Street for About $140M for Potential Resi Conversion
Trading Firm Optiver Opening First NYC Office With 23K SF at 360 Park Avenue South
Trinity Investments Sells Phoenix Hotel to Ryman REIT for $865M
NewMark Merrill’s Sandy Sigal Is a Realist About Retail’s Future
Retail Looks for Bright Spots in the Possibility of a Tariff-Fueled Recession
Grocery-Anchored Hubs Continue to Draw Investment as Tariffs Ding Other Retail
Multifamily Fraud-Fighting Startup Vero Closes Growth Equity Round
Dwight Mortgage Trust Refis Minneapolis Apartments With $49M Loan
New Restaurant and Bar 520 Henny to Open at GFP’s 520 Eighth Avenue
Prospect Ridge Hires Michael Mestel from H.I.G as Co-head of Credit Strategies
Gencom Refis Ritz Carlton on Miami’s Key Biscayne With $300M From Blackstone
Wells Fargo, Bank of America Provide $650M CMBS Refi for Boston Office Complex
Related Pulls Its Cards on Hudson Yards Casino Bid as Wynn Resorts Backs Out
National Retail Fundamentals Remain Robust, Even As Uncertainty Takes A Toll
Why a SoHo Storefront Had Two Iconic Companies Willing to Pay Top Dollar
Yellowstone Files Pre-Foreclosure at Times Square Hotel Over $45M Loan
Insurance Company Starr Signs 49K-SF Lease at 1177 Avenue of the Americas
Affinius Capital Supplies $80M Refi for Downtown Brooklyn Apartments
Orda’s 225 Park Avenue South Nearing $350M Recap With New Partners TPG, Sagehall
Madison Realty Capital Closes $720M Construction Loan for Pfizer HQ Conversion
Chrysler Building On the Market as Its Landowner Seeks to Boost Income
PwC Downsizing, Moving to 23K-SF Office at MAG Partners’ Baltimore Peninsula
Pinterest in Talks to Lease 80K-SF Office at 11 Madison Avenue
New York’s Office Market Will Never Be the Same, and That’s Fine
Commercial Real Estate Eyes a Federal Reserve Running Out of Options
Fairstead Lands $120M in Financing for NoVA Affordable Housing Project
K-Pop Record Label Hello82 to Open First NYC Location at 427 Broadway
CityPickle to Open 60K-SF Pickleball Complex Under Brooklyn Bridge
Borough Developers Closes on $139M 99-Year Ground Lease in Fort Greene
Hall Structured Finance, Nuveen Provide $69M of Construction, C-PACE Financing
Silverstein Brings in Rush Street Gaming to Boost Far West Side Casino Bid
The Fight Is On to Save New York City’s Incredibly Shrinking Newsstands
Peak Capital Advisors Buys Apartment Building Near Union Square for $26M
Hilton Universal City Developer Kills Expansion in Wake of L.A.’s Hotel Wage Hike
Brooklyn Developer to Turn Bensonhurst Building Into Community Facility
Blue Owl Closes $7B Fund for Data Centers and Digital Infrastructure
Stellar Management, City Urban Realty Face Foreclosure at 243 Canal Street
PCCP Lends $126M on Madison Capital’s National Industrial Portfolio Acquisition
MKF Realty Affiliate Buying Vornado’s 512 West 22nd Street for $205M
ArrowMark Partners Lends $35M for Regal-Anchored Virginia Retail Center
Dolly Parton-Themed Dive Bar Moves to 146 Wythe Avenue in Williamsburg
Design Firm Architectural Partnership Atelier Expands to 5K SF at 200 Varick Street
Two Industrial Landlords Ink 100K-SF Lease Renewals in L.A. County
Republic Properties Nabs $195M Construction Financing for D.C. Resi Project
Former UWS Bank Site Set to Become 12-Story Mixed-Use Building
Law Firm Tuchman, Weiss, Liebman & Lindemann Takes 7K SF at 551 Fifth Avenue
Swedish Candy Company BonBon Takes 11K SF for Industrial Space in LIC
St. George Tower Signs Deal for 52K-SF Wellness Facility at 43 Clark Street
BMO, 3650 Capital Supply $55M Refi for Missouri Office Building
Bazza Restaurant Orders Up Three Levels at 251 West 30th Street
Marketing Platform Instant Opens First NYC Office at 53-55 West 21st Street
Indian Restaurant Hampton Chutney Co. Inks 3K-SF Lease in NoHo
Rehearsal Studio Band Spaces Takes 11K SF at 597 Grand Street
Northmarq Adds Chinmay Bhatt, Noam Franklin, Cody Kirkpatrick to Investment Platform
The Plan: 1515 Surf Brings More Beachside Luxury to New York City
J.P. Morgan Asset Management Names Chad Tredway Global Head of Real Estate
Stan Kroenke Plans Sprawling Production Facility, Soundstages at Hollywood Park
Crown, Morgan Stanley Fund Face Pre-Foreclosure at 170 Broadway
MTA Applies for Zoning Change to Build 684 Homes Near Second Avenue Subway
Federal Courthouse in Downtown L.A. Added to GSA Disposal List
U.S. Housing Inflation Numbers Still Relatively Mild Amid Tariffs
Codina Secures $39M for Retail Expansion at Downtown Doral in South Florida
Haussmann Development Set to Turn Vacant Harlem Lot Into Housing
BMO Provides $35M Refi for Williamsburg Multifamily Portfolio
Delshah Finalizes Prepackaged Bankruptcy Exit for Two Meatpacking District Properties
TPG Angelo Gordon Sells Upper West Side’s 2250 Broadway for $33M
JP Morgan Plans Ownership Exit of Carr Properties, Taking Three Assets With It
United Bank Provides $42M Construction Loan for North Carolina Industrial Campus
PCCP Provides $58M Construction Loan for Phoenix-Area Multifamily Property
Digital Sports Platform Fanatics Takes 54K SF at 345 Hudson Street
Peachtree Closes $53M C-PACE Loan for Suburban Portland Residential Community
More Big CRE Players Invest in Affordable Housing Development
Notable Commercial Real Estate Figures Who Died in 2024 and Early 2025
Suddenly, Washington’s a Much Bigger Factor for Commercial Real Estate
Parallel Capital Partners Pays $67M for San Diego Industrial Park
Mall Giant Simon Property Group Sweats Tariff Impacts as Revenue Climbs
Arrow Real Estate Advisors Hires Eliott Zeitoune From JLL as Senior Director
Bradford Allen Buys Discounted Office in West Palm Beach for $45M
London-Based BNF Capital Set to Buy 58-60 Ninth Avenue for $21M
U.S.-China Tariff Pause Leaves Uncertain Path for Industrial Real Estate and Imports
Retail Vacancy Spikes Across U.S. as Stores Face Impact From Tariffs
$660M Loan Tied to Federal Government Portfolio Sent to Special Servicing
Adams Picks Artimus, Phoenix Realty to Develop 500 Homes on Staten Island
Baby Food Brand Little Spoon Inks Deal for 4K SF at GFP’s 100 Crosby Street
RXR Secures Three-Year Extension for $1B CMBS Loan on 1211 Avenue of the Americas
Tishman Speyer Seals $67M Acquisition Loan for Nashville Apartments
Los Angeles Apparel Signs 25K-SF Lease at SoHo’s 480 Broadway
IT Firm Pearson VUE Takes 12K-SF Office at 255 Greenwich Street
NYC Predicts Steep Drop in Tourism Numbers Amid Trump Policies
SteepRock Capital Lends $29M on Suburban Philly Apartments Build
Price Revealed for Amazon’s Purchase of 522 Fifth Avenue as $456M
Vanbarton Files Plans for Conversion of Archdiocese’s Former First Avenue HQ
Starwood Property Trust Net Income Drops, CRE Originations Soar
Old Navy to Move NYC Flagship to 55K SF at 50 West 34th Street
Bronx Hip Hop Museum Gets $8.5M Financing From N.J. Community Capital
Production Company Atlantic Pictures Moving to 66K SF at 100 Church Street
Dwight Mortgage Trust Provides $36M Refi for Texas Apartments
Redbrick LMD Secures $129M Refi of NoVA Multifamily Community
Nuveen Secures $320M to Buy Grocery-Anchored Retail Centers in the U.S.
Fear and Frustration: Commercial Observer’s Finance Forum 2025
Oak Row’s 500-Unit Tower Wins Support From Miami Historic Board
Howard Hughes Starts 2025 Strong as Pershing Square Investment Takes Shape
Fashion Brand Akira Takes Former Forever 21 Store on Lincoln Road in Miami Beach
Artists First Signs 23K-SF Lease at Century City Trophy Office in L.A.
Installment Sale On the Table for $1.1B 590 Madison Avenue Deal
Invesco Commercial Real Estate Finance Trust Closes $1.2B Inaugural CRE CLO
Southern California’s Industrial Warehouse Market Plays an Anxious Waiting Game
Adams Pitches Plans for Second-Tallest Residential Tower in Brooklyn
S3 Capital Provides $47M Construction Loan on Texas Rental Community
Jamestown Inks 27K-SF NoVA Office Lease With Construction Firm Gilbane Building
Developer Al Adelson Secures $30M for New Condo in West Palm Beach
Fashion Retailer Moda Operandi Takes 30K SF for Queens Distribution Center
JLL’s Q1 Earnings Top Estimates as Leasing Activity Drives Profits
Former Greenpoint Wedding Venue to Become Apartment Building
North Palisade Partners Secures $55M Refi for SoCal Self-Storage Facility
GO-RE Partners Acquires Flatbush Apartment Building for $28M
Roger Partners, Muse Management and UAP Sign Deals at 150 Broadway
Tredway Acquires Far Rockaway Affordable Housing Asset From Related for $88M
Combating Rent Gouging After L.A. Wildfires Proves a Long Game
New York’s Richard LeFrak Has Been Putting On a Clinic in Miami
The Plan: The Katharine Brings Soft, Vintage Living to Luxury City Condos
Industrial Construction Slows and Lease Terms Shift Amid Tariffs: Report
Goddard School Takes 15K SF at 307 East 63rd Street for UES Campus
Martin Dorph, Who Oversees NYU’s Real Estate Portfolio, to Retire
Tishman Speyer Under Contract to Buy SoHo Office Building for $108M
One Street Buys Georgetown Office-to-Resi Conversion Site for $29M
Rightsizing Stormwater Design — Right From the Start — in Unpredictable Times
Dallas’ Office Market Just Had Its Best First Quarter Since 2020
Witkoff, Access Real Estate Refi Florida Resort With $100M From Apollo
Business Advisory Firm Riveron Inks 20K-SF Lease at 10 Grand Central
Healthy Food Eatery Carrot Express Opening Fifth NYC Location in Nolita
Food Delivery and Takeout Service Wonder Takes 3K SF in Washington Heights
Amazon Pays $195M for NoVA Site, Seeks Data Center Development Approval
West Side Taekwondo Relocates to 5K SF at 243 West 124th Street
Private Equity Firm Carolwood in Escrow to Purchase L.A.’s EY Plaza for $130M
Earle Altman, Founder of ABS Partners Real Estate, Dies at 93
The National Women’s Soccer League Signs 21K-SF Lease at 551 Fifth Avenue
Carnival Plans to Build New HQ in Miami’s Waterford Business District
Bill Ackman’s Pershing Square Takes Larger Stake in HHH With $900M Investment
Castellan Real Estate Partners Lends $25M on Williamsburg Condos Build
Global Finance Firm Aquarian Inks 75K-SF Lease at 550 Madison Avenue
Fundraising Maven: Goodwin’s John Ferguson on Advising CRE Funds
Federal Realty Wants to Add 308 Apartments to Shops at Pembroke Gardens Mall
Apollo Companies, Liberty Base Land $31M to Build More Apartments in South Florida
Apollo Economist Predicts a Recession by Summer, With CRE Market Feeling the Heat
Sustainable Fashion Brand Reformation to Open Store in Flatiron District
U.S. Saw Tepid Job Growth in April Following ‘Liberation Day’
Arbor Reports Declines in Net Income, Distributable Earnings in Q1
Maryland’s Six Flags America Set to Close and Be Sold for Redevelopment
Burlington Taking 45 Store Leases From Joann Following Bankruptcy
Apollo Misses Earnings Estimates, Achieves Big Quarterly Fundraising
BKM Capital, Kayne Anderson Launch $1.5B Light Industrial JV
Fenway Capital Pays $126M for Stake In Silicon Beach Trophy Office
Glacier Credit Strategies Lends $50M for University of Delaware Apartments Build
Retail Brand Kittae of NY Takes 2K SF at 209 West 38th Street
AvalonBay Reports Steady Q1 Earnings But Gears Up for Higher Development Costs
Therapy Practice Bridge Medical Expands to 7K SF at 389 Fifth Avenue
Data Center Operator DartPoints Secures $250M Capital Investment
Housing Developer Azimuth to Buy Closing Bronx Catholic School for $24M
Korean Skin Care Company Skin1004 Opening First U.S. Store in SoHo
CREFC Survey Shows 80% Expect Worsening CRE Market in Next 12 Months
The Overlooked Real Estate Strategy That Could Define New York’s Next Mayor
Manhattan Office Leasing Grew 23% Year-Over-Year in April: Colliers
Stephen Ross Pays $40M for Scripps’ TV Studio in West Palm Beach
Fitness Chain The Athletic Clubs Heading to 3K SF at 199 Chrystie Street
KKR Already Hedged Against Market Uncertainty as Tariff War Continues
Digital Bridge Group Posts Strong Fee-Related Earnings and Revenue for Q1
Famed Horse Racing Spots — Including the Triple Crown Venues — Get Makeovers
The Plan: 524 Halsey Street Brings a ‘Stable’ Presence to Bed-Stuy