https://commercialobserver.com/2026/06/karney-industrial-refinance-nationwide-california/Commercial Observeren2026-06-05T19:30:12+00:00Karney Snags $34M Industrial Refi in Southern CaliforniaJLL, Mark Wintner, Matt Stewart, Jacob Michael, JLL Capital Markets, Karney Properties, Bunzl, 15959 Piuma Avenuehttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Matt-Stewart-warehouse-credit-Getty-Images.jpg?quality=80&w=150https://commercialobserver.com/2026/06/targo-capital-partners-buys-185-east-houston-street-portfolio/Commercial Observeren2026-06-05T17:53:23+00:00Targo Capital Partners Buys 185 East Houston Street, Part of $81M Portfolio196 Orchard Street, David Gleitman, Targo Capital Partners, 185 East Houston Street, 90 Rivington Street, 156 Orchard Street, 126 First Avenue, 153 Avenue C, 38 Carmine Street, Amir Chaluts, S&H Equitieshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/135-E.-Houston-156-ORchard-96-Orchard-153-Ave-C-credit-Propertyshark.jpg?quality=80&w=150https://commercialobserver.com/2026/06/new-yorks-pied-a-terre-tax-policy-land-sales/Commercial Observeren2026-06-05T17:38:30+00:00New York’s Pied-à-Terre Tax Is Bad Policy. But It Shouldn’t Stop Development Land Sales.Robert (Bob) Knakal, Concrete Thoughts, BK Real Estate Advisorshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/01/taxes-AdobeStock_437920199-WEB.jpg?quality=80&w=150https://commercialobserver.com/2026/06/new-york-data-center-moratorium/Commercial Observeren2026-06-05T17:37:34+00:00New York State Lawmakers Pass One-Year Data Center Construction MoratoriumCarl Heastie, Andrea Stewart-Cousins, New York State Legislature, Kathy Hochulhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/NY-Assembly-GettyImages-2255454541-WEB.jpg?quality=80&w=150https://commercialobserver.com/2026/06/olmstead-19-west-44th-street-savanna-manhattan-office-building/Commercial Observeren2026-06-05T16:45:28+00:00Olmstead Buys 19 West 44th Street From Savanna at a 45% HaircutWill Silverman, Eastdil Secured, Olmstead Properties, steve marvin, Gary Phillips, Savanna, Patrick Pavone, Adam Arnow, Derby Lane Partnershttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Steven-Martin-19-W-44th-St-credit-Savanna.jpg?quality=80&w=150https://commercialobserver.com/2026/06/csc-real-estate-acquires-210-east-86th-street/Commercial Observeren2026-06-05T16:08:24+00:00CSC Real Estate Acquires Three Medical Properties on Upper East Side for $70MJames Nelson, Avison Young, Brandon Polakoff, Alexandra Marolda, CSC Real Estate, Alberto Smeke, Perlbinder Realty, 210 East 86th Street, Salo Smeke, 206 East 86th Street, 205 East 85th Street, Stephen Perlbinder, Lea Voytovichhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Alberto-Smeke-Salo-Smeke-210-East-86th-St-credit-Avison-Young.jpg?quality=80&w=150https://commercialobserver.com/2026/06/sant-ambroeus-mirai-miami-design-district-kengo-kuma/Commercial Observeren2026-06-05T15:57:41+00:00Sant Ambroeus Restaurant Coming to the Miami Design DistrictSant Ambroeus, Gherardo Guarducci, SA Hospitality Group, Lionheart Capital, Leviathan Development, Well Duo, Lane Organization, Kengo Kuma, 4218 Northeast Second Avenuehttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Gherardo-Guarducci-Sant-Ambroeus-credit-MIRAI-Design-District.jpg?quality=80&w=150https://commercialobserver.com/2026/06/dwight-capital-hud-texas-luxury-apartments/Commercial Observeren2026-06-05T15:28:47+00:00Dwight Capital Lends $66M of HUD Debt on Texas Luxury Apartments ProjectDwight Capital, Brandon Baksh, Martin Inderman Development, Tommy Nghttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Brandon-Baksh-Tommy-Ng-Austin-Martin-Lariat-at-Abilene-TX-credit-Dwight-Capital.jpg?quality=80&w=150https://commercialobserver.com/2026/06/london-fischer-adapt-community-network-leases-maiden-lane/Commercial Observeren2026-06-05T14:24:47+00:00Law Firm London Fischer, Nonprofit Adapt Community Network Ink Deals on Maiden LaneColliers, CBRE, Paul Amrich, Neil King, 80 Maiden Lane, 59 Maiden Lane, Michael Rizzo, Robert Wizenberg, AmTrust RE, A.M. Property Holding, London Fischer, Adapt Community Networkhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Robert-Wizenberg-Neil-King-Paul-Amrich-80-Maiden-Lane-credit-Getty-Images.jpg?quality=80&w=150https://commercialobserver.com/2026/06/u-s-bureau-of-labor-statistics-reports-172000-jobs-added/Commercial Observeren2026-06-05T13:54:42+00:00U.S. Bureau of Labor Statistics Reports 172,000 Jobs AddedDonald Trump, Bureau of Labor Statistics, Erika McEntarferhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/US-Jobs-GettyImages-2273897665-WEB.jpg?quality=80&w=150https://commercialobserver.com/2026/06/jll-real-estate-capital-70m-100-jane/Commercial Observeren2026-06-05T13:26:58+00:00JLL Real Estate Capital Provides $70M for West Village Multifamily RefiFreddie Mac, Rockrose Development, Geoff Goldstein, 100 Jane Street, JLL Real Estate Capitalhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Geoff-Goldstein-Steven-Klein-Michael-Shmuely-100-Jane-Street-credit-Propertyshark.jpg?quality=80&w=150https://commercialobserver.com/2026/06/alterra-ios-244m-blackstone-acquisition/Commercial Observeren2026-06-05T13:18:47+00:00Alterra IOS Scores $244M From Blackstone for Acquisition of 37 IOS SitesBlackstone, Justin Horowitz, Cooper Horowitz, Alterra IOS, BREDS, Scott Whittle, Kate Mooneyhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Tim-Johnson-Scott-Whittle-Justin-Horowitz-IOS-lot-2-credit-Getty-Images.jpg?quality=80&w=150https://commercialobserver.com/2026/06/calif-newmark-merrill-victorville/Commercial Observeren2026-06-04T22:55:28+00:00NewMark Merrill’s Future San Bernardino County Shopping Hub Signs 11 Tenants7-Eleven, Sandy Sigal, Brad Pearl, NewMark Merrill Companies, Greg Giacopuzzi, Ross Dress for Less, World Premier Investments and RY Properties, MMA Architecture, Architects Orange, Desert Sky Plaza II, Darren Bovardhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Sandy-Sigal-Desert-Sky-Plaza-II-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/06/paul-whalen-ramsa-5-questions/Commercial Observeren2026-06-04T21:40:29+00:00Paul Whalen of RAMSA: 5 QuestionsRobert A.M. Stern Architects, Paul Whalen, 5 Questionshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Paul.Whalen_6096_website_64d7f4.jpg?quality=80&w=150https://commercialobserver.com/2026/06/henderson-park-pyramid-global-buy-puerto-rico-hyatt-resort/Commercial Observeren2026-06-04T21:12:05+00:00Henderson Park, Pyramid Global Acquire Hyatt Regency Grand Reserve in Puerto RicoAimbridge Hospitality, Monarch Alternative Capital, Royal Palm Companies, Pyramid Global Hospitality, Henderson Park, Nick Weber, Hyatt Regency Grand Reserve, Warren Fieldshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Nick-Weber_Hyatt-Regency-PR-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/06/brooklyn-forum-25-kent-housing-retail/Commercial Observeren2026-06-04T20:21:53+00:00Fierce Demand for Brooklyn ‘Cool’ Faces Political, Economic Roadblocks: ForumReal Estate Board of New York, Silverstein Properties, Justin Elghanayan, Rockrose Development, TerraCRG, Monadnock Development, Brooklyn Chamber of Commerce, Downtown Brooklyn Partnership, Ofer Cohen, Dan Marks, 25 Kent Avenue, Two Trees Management Company, Regina Myer, Fried Frank, Alexander Radmin, Global Holdings Management Group, Sam Charney, Zachary Steinberg, Alvin Schein, Kirk Goodrich, Alyssa Zahler, David Hochfelder, Charney Companies, Randy Peers, Shawn Katz, Naftali Group, Silverstein Capital Partners, The Refinery at Domino, Adler & Stachenfeld, Ailanthus, Brooklyn Tower, Zohran Mamdani, RiseBoro Community Partnership, Life Time, Event Recap, Zachary Bernstein, Kieran E. Harringtonhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/CommObsBrooklyn25Kent3June2026GMorris_183_1762.jpg?quality=80&w=150https://commercialobserver.com/2026/06/andrew-sargent-lease-16-west-18th-street-restaurant/Commercial Observeren2026-06-04T18:19:45+00:00Chef Andrew Sargent Inks Deal at 16 West 18th Street for His First NYC RestaurantRipco Real Estate, Netflix, 16 West 18th Street, Dillon Ross, Jon Paul Pirraglia, Corcoran, Andrew Sargent, Benjamin Davis, Craig Molesphini, Vinbaytel Property Development, Caroline, 21 West 17th Street, Louiehttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/16-West-18th_Andrew-Sargent-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/06/new-york-state-seqra-environmental-housing/Commercial Observeren2026-06-04T18:17:21+00:00New York State Decides to Speed Up A Lot of Environmental ReviewsReal Estate Board of New York, James Whelan, Cozen O'Connor, Ken Fisher, Carlina Rivera, Steven Fulop, Kathy Hochul, Partnership for New York City, New York State Association for Affordable Housing, SEQRAhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/55268781567_6cc07debae_o.jpg?quality=80&w=150https://commercialobserver.com/2026/06/jack-resnick-sons-leases-250-hudson-street/Commercial Observeren2026-06-04T18:07:59+00:00Jack Resnick & Sons Signs 58K SF of New Leases at 250 Hudson StreetCBRE, 250 Hudson Street, Jack Resnick & Sons, Adam Rappaport, Gordon Ogden, Brett Greenberg, Jonathan Resnick, Robert Bonicoro, JLL, Shannon Rzeznikiewicz, Bradford Allen, Galareana Holding, ProMedia, Body Observabilityhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/250-Hudson_Jonathan-Resnick_v2-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/06/mirai-miami-design-district-kengo-kuma/Commercial Observeren2026-06-04T18:00:25+00:00Kengo Kuma-Designed Miami Project Lands $85M Construction LoanMonroe Capital, Lionheart Capital, Miami Design District, Leviathan Development, Well Duo, Lane Organization, Kengo Kuma, Mirai Design Districthttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Kengo-Kuma-MIRAI-Design-District-rendering-credit-.jpg?quality=80&w=150https://commercialobserver.com/2026/06/esrt-ground-lease-111-west-33rd-street-1400-broadway/Commercial Observeren2026-06-04T16:24:03+00:00ESRT Buys Ground Beneath Two Midtown Properties for $114MCharles Cohen, 1400 Broadway, 250 West 57th Street, Cohen Brothers Realty, Empire State Realty Trust, Namdar Realty Group, 111 West 33rd Street, Igal Namdar, Stephen Hornhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Anthony-Malkin-Charles-Cohen-111-W-33rd-St-1400-Broadway-credit-CO.jpg?quality=80&w=150https://commercialobserver.com/2026/06/eastern-bank-39m-bridge-loan-worcester/Commercial Observeren2026-06-04T16:19:03+00:00Eastern Bank Provides $39M Bridge Loan for Worcester, Mass., 55-Plus CommunityUnited Group, Henry Schaffer, Eastern Bank, Madeline Joyce, JLL Capital Markets, The Arbella at Bramble Hill, 361 Arbella Drive, Michael Uccellinihttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Michael-Uccellini-The-Arabella-at-Bramble-Hill-Worchester-MA-credit-United-Group.jpg?quality=80&w=150https://commercialobserver.com/2026/06/ulta-beauty-lease-jeff-sutton-1551-broadway-times-square/Commercial Observeren2026-06-04T14:41:46+00:00Ulta Beauty Inks 26K-SF Deal at Jeff Sutton’s 1551 Broadway in Times SquareJeff Sutton, Wharton Properties, 1551 Broadway, American Eagle Outfitters, Ulta Beauty, Kecia Steelmanhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Kecia-Steelman2-Jeff-Sutton-1551-Broadway-credit-CO.jpg?quality=80&w=150https://commercialobserver.com/2026/06/jo-malone-london-lease-pivot-200-east-75th-street/Commercial Observeren2026-06-04T13:11:22+00:00British Fragrance Brand Jo Malone to Open at 200 East 75th StreetCushman & Wakefield, Ben Shapiro, Jason Greenstone, Mike O'Neill, 200 East 75th Street, Ted Segal, Pivot Real Estate Partners, Jo Malone Londonhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/200-E-75th_Ted-Segal-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/06/veeva-lease-vornado-penn-2/Commercial Observeren2026-06-04T12:00:57+00:00Tech Firm Veeva Relocates to 62K-SF Office at Vornado’s Penn 2Vornado Realty Trust, Savills, Jared Silverman, Jim Wenk, Josh Glick, 1375 Broadway, Kirill Azovtsev, Penn 2, 2 Pennsylvania Plaza, Veeva Systemshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Steven-Roth-PENN2-credit-CO.jpg?quality=80&w=150https://commercialobserver.com/2026/06/business-and-life-persistence-major-competitive-advantage/Commercial Observeren2026-06-04T11:02:57+00:00In Business — and in Life — Persistence Is a Major Competitive AdvantageRobert (Bob) Knakal, Concrete Thoughts, Paul Massey, BK Real Estate Advisorshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/stonecutter-AdobeStock_618457672-WEB.jpg?quality=80&w=150https://commercialobserver.com/2026/06/phia-lease-zar-property-37-east-18th-street/Commercial Observeren2026-06-03T21:22:03+00:00AI Startup Phia Signs 9K-SF Lease at Zar Property’s 37 East 18th StreetCynthia Wasserberger, Microsoft, JLL, Zar Property NY, Bill Gates, Michael Berg, 37 East 18th Street, Sofia Bruno, Phia, Phoebe Gates, Sophia Kiannihttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/37-E-18th_Phoebe-Gates-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/06/moses-hershko-florida-condos-housing/Commercial Observeren2026-06-03T20:35:22+00:00Developer Moses Hershko, From California to South Florida: 5 Questions5 Questions, Moses Hershko Development, Moses Hershkohttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Moses-Hershko.jpg?quality=80&w=150https://commercialobserver.com/2026/06/lennys-repair-lease-590-smith-street/Commercial Observeren2026-06-03T19:45:27+00:00Lenny’s Repair Takes 14K SF at Red Hook’s 590 Smith StreetTri State Commercial Realty, 590 Smith Street, Yeshiva of Kasho, Lenny’s Repair, CW Health, Jack Sardar, Fred Beteshhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/590-smith-street-BK-credit-Tri-State-Commercial-Realty.jpg?quality=80&w=120https://commercialobserver.com/2026/06/lyle-stern-vertical-real-estate-miami-worldcenter-adam-neumanns-flow/Commercial Observeren2026-06-03T18:39:12+00:00Adam Neumann’s Flow Sells Miami Worldcenter Site: UpdatedAdam Neumann, Miami Worldcenter, Flow, Vertical Real Estate, 710 Northeast First Avenue, Daniel Cardenashttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Adam-Neumann-Miami-Worldcenter-credit-Getty-Images.jpg?quality=80&w=150https://commercialobserver.com/2026/06/blackstones-link-logistics-light-industrial-bkm-kayne-anderson/Commercial Observeren2026-06-03T17:35:08+00:00Blackstone’s Link Logistics Sells Light Industrial Portfolio for $1.8BBlackstone, BKM Capital Partners, Link Logistics, Al Rabil, Kayne Anderson Real Estate, Brian Malliet, Truist Securitieshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/BKM_Golden-West-Business-Park-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/06/data-centers-edged-lease-marx-realty-10-grand-central/Commercial Observeren2026-06-03T16:56:44+00:00Data Center Developer Edged Takes 6K SF at Marx Realty’s 10 Grand CentralCushman & Wakefield, Mitchell Konsker, JLL, Craig Deitelzweig, Marx Realty, William Gilbane III, 10 Grand Central, Peter Kerans, Carlee Palmer, Thomas Swartz, Samantha Perlman, Nicole Danyi, Edged, Conifer Realty, Endeavourhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/10-Grand-Central_Craig-Deitelzweig-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/06/pink-salon-lease-72-01-queens-boulevard/Commercial Observeren2026-06-03T16:46:14+00:00Pink Salon to Open 5K-SF Beauty Parlor at 72-01 Queens BoulevardARA, 72-01 Queens Boulevard, Aaron Aziz, QB Properties, Pink Salonhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/Aaron-Aziz_72-01-Queens-Blvd-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/06/sojo-spa-hyun-jun-an-buys-893-broadway/Commercial Observeren2026-06-03T16:40:25+00:00SoJo Spa Owner Buys Office and Retail Building at 893 Broadway for $31MDouglas Elliman, L3 Capital, Revere Capital, 893 Broadway, RCLCO Fund Advisors, Sahar Ziv, Bank of Hope, SoJo Spa Club, Hyun Jun An, Maria Breland, Noam Gottlieb, Shai Bernsteinhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/893-Broadway-RF-GettyImages-1412000052-WEB.jpg?quality=80&w=150https://commercialobserver.com/2026/06/derby-copeland-capital-54-million-refi-660-lexington-avenue/Commercial Observeren2026-06-03T15:48:07+00:00Derby Copeland Capital Provides $54 Million Refi for Lexington Avenue CondoMeridian Capital Group, Rybak Development, BK Developers, 660 Lexingtonhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/660Lexington-Scott-Miller-Rael-Gervis-credit-Meridian-Capital.jpg?quality=80&w=150https://commercialobserver.com/2026/06/data-centers-baseline-electricity-costs/Commercial Observeren2026-06-03T15:23:13+00:00Data Centers Need to Adopt a Baseline on Electricity CostsSuhail Y. Tayeb, Schack Institute of Real Estatehttps://commercialobserver.com/wp-content/uploads/sites/3/2026/03/data-center-GettyImages-2250205136-WEB.jpg?quality=80&w=150https://commercialobserver.com/2026/06/reits-growth-geopolitical-risks/Commercial Observeren2026-06-03T13:55:13+00:00REITs Are Poised for Growth, but Geopolitical Risks Are a Wildcard: Nareit PanelistsJ.P. Morgan, Morgan Stanley, Citigroup, FTSE Nareit All Equity REITs Index, NAREIT, Sumit Roy, Seth Carpenter, Joseph Lupton, Andy Richardhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/2026-REITweek-LunchPanel-6921-5-credit-NAREIT.jpg?quality=80&w=150https://commercialobserver.com/2026/06/the-plan-99-park-avenue/Commercial Observeren2026-06-03T10:00:53+00:00The Plan: 99 Park Avenue Returns to Its Art Deco Roots in Midtownslideshow, 99 Park Avenue, Vocon, Global Holdings, The plan, Jesse Embley, Sofia Juperius, Nancy Kayoung Namhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/KM_260520_0001-WEB.jpg?quality=80&w=150https://commercialobserver.com/2026/06/the-growing-divide-between-credit-funds-and-specialty-finance-lenders/Commercial Observeren2026-06-03T04:00:00+00:00The Growing Divide Between Credit Funds and Specialty Finance LendersSponsored, sponsored-link, Hall Structured Finance, Josh Clary, Mark Klipschhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Hall-Structured-Finance-Uptown-Tower-Image-1.png?w=150https://commercialobserver.com/2026/06/la-ula-transfer-mansion-tax-investment-rand-housing/Commercial Observeren2026-06-02T23:50:18+00:00L.A.’s ULA Transfer Tax Further Hamstrings Investment: ReportMeasure ULA, RAND Corporationhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/06/apartment-construction-GettyImages-2167671807-WEB.jpg?quality=80&w=150