Finance

Erik and Pete Nordstrom and a Nordstrom store in a mall.
Finance
National

Nordstrom Family Set to Take Department Store Private in $6.3B Deal

By Isabelle Durso
Joe Koicim of Marcus & Millichap and properties in the Chelsea neighborhood of Manhattan.
Finance  ·  Acquisition
New York City

Black Spruce Sells Chelsea Residential Portfolio for $95M

By Amanda Schiavo
Jason Bordenick of Maxim Capital Group and a rendering of 505 State Street, Brooklyn.
Development  ·  Finance
New York City

Alloy Secures $290M Recap, $43M Construction Loan for Brooklyn Project

By Brian Pascus
Signs on The Container Store, Party City, and Big Lots stores
Finance  ·  Distress
National

Container Store Among String of Retailers Filing for Bankruptcy, Closing Stores

By Isabelle Durso
Alex Troyanovsky, Igor Michin, and La Maré Regency Collection in Bay Harbor Islands, Fla.
Finance  ·  Construction
Florida

S3 Capital Provides $56M Construction Loan for South Florida Condo Project

By Greg Cornfield
Northwind - Ran Eliasaf
Capital Markets  ·  Finance
New York City

Northwind Group Provides $50M First Mortgage at NYC’s 40 Exchange Place

By Brian Pascus
Site Centers CEO David Lukes at the 320 Park Avenue office.
Capital Markets  ·  Finance
National

Curbside King: How David Lukes Cornered the Market for Unanchored Retail

By Brian Pascus
Charles Cohen and 3 East 54th Street.
Finance  ·  Distress
New York City

Cohen Brothers Facing Foreclosure at 3 East 54th Street Amid High Debt

By Isabelle Durso
Ascendent Capital Partners CEO Russell Gimelstob, Acore Capital Founder and CEO Warren de Haan, and a rendering of the Mission Gorge project in San Diego.
Finance  ·  Construction
California

Acore Leads $112M Financing for San Diego Affordable Housing Project

By Nick Trombola
The CMBS market is improving in 2024, despite more distress in office.
Capital Markets  ·  Finance
National

CMBS Issuance Hits 2021 Highs, Even If Office Health Remains Precarious

By Brian Pascus
A photo of Anna Kogan.
Finance
National

Duckfund Seals $100M Credit Facility From Clear Haven Capital Management 

By Andrew Coen
Morris Betesh of Arrow Real Estate Advisors.
Finance  ·  Refinance
New York City

New York Life Provides $50M Refi on Marriott-Branded Financial District Hotel

By Andrew Coen
Perry Katz, vice president at Affinius Capital, and a rendering for a planned residential tower at 358 Livingston Street, Brooklyn.
Finance  ·  Construction
New York City

Affinius Capital Supplies $132M Construction Loan for Brooklyn Resi Tower 

By Andrew Coen
Rendering for the renovated Frederick Samuel Apartments, a 664-unit affordable housing complex in Harlem.
Development  ·  Finance
New York City

Berkadia Provides $71M in Acquisition Financing on $342M Harlem NYCHA Deal

By Brian Pascus
People working at their desks in an exterior night view of an office building.
Finance  ·  Investments & Sales
National

National Office Vacancy Hits 19%, Sales Decline by 39M SF: Report

By Brian Pascus
Federal Reserve Bank Chair Jerome Powell.
Finance  ·  Policy
National

Fed’s Third Straight Rate Cut Has CRE Anticipating More Activity in 2025

By Andrew Coen
Tony Labarbera, managing director in Blackstone Real Estate Debt Strategies, and the Bal Harbour Shops.
Finance  ·  Construction
Florida

Blackstone Ups Bal Harbour Shops Construction Debt to $740M

By Julia Echikson