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MRC Furnishes $24M Loan on Soho Offices
News 2 days ago
MRC Furnishes $24M Loan on Soho Offices

Madison Realty Capital (MRC) has provided a $23.7-million loan on a seven-story mixed-use building at 54 Thompson St. in Soho. The loan allows the...

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San Francisco to Require 100% Renewable CRE Buildings
News 3 days ago
San Francisco to Require 100% Renewable CRE Buildings

The San Francisco Board of Supervisors voted unanimously this week to approve Mayor London Breed’s legislation to require large commercial...

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CBRE Forecasts Strong Performance for Los Angeles Hotels Through 2021
News 3 days ago
CBRE Forecasts Strong Performance for Los Angeles Hotels Through 2021

Los Angeles area hotels continue to benefit from high demand from leisure and business travelers alike, according to CBRE Hotels Research’s...

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Bridge Development Trades Waukegan Portfolio to AEW
News 3 days ago
Bridge Development Trades Waukegan Portfolio to AEW

Bridge Development Partners sold three distribution buildings at Phase II of Bridge Point North Business Park in Waukegan, IL, to AEW. The...

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Merchants Capital Does Fannie Mae M.TEB Deal in Minneapolis
News 3 days ago
Merchants Capital Does Fannie Mae M.TEB Deal in Minneapolis

Merchants Capital has secured $16 million in construction and permanent financing for an affordable mixed-use development in Minneapolis’ North...

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Anaheim MF Parking Structure Showcases Swanky Amenity Deck with Pool, Beer Garden
News 3 days ago
Anaheim MF Parking Structure Showcases Swanky Amenity Deck with Pool, Beer Garden

The George, a 340-unit multifamily development in Anaheim, CA, proves parking structures can be great places to hang out. The centerpiece of the...

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Tech, Bio Sectors Drive East Bay Job Growth
News 3 days ago
Tech, Bio Sectors Drive East Bay Job Growth

By Dennis Kaiser San Francisco or San Jose tend to garner the lion’s share of attention when considering the Bay Area markets. Yet, the East Bay...

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Woodmont Industrial Makes Buy on LI’s South Shore
News 3 days ago
Woodmont Industrial Makes Buy on LI’s South Shore

Woodmont Industrial Partners recently acquired 100 Precision Dr. in Shirley, NY, on Long Island’s South Shore. Pricing wasn’t disclosed. The...

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Fulton Market Sale Sets New Price-Per-SF Record
News 3 days ago
Fulton Market Sale Sets New Price-Per-SF Record

In a deal that exceeded the previous price-per-square-foot record for a Chicago office building, Shapack Partners sold a 70,000-square-foot office...

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Market Basket to Anchor 306K-SF Maynard Crossing MXU Development
News 3 days ago
Market Basket to Anchor 306K-SF Maynard Crossing MXU Development

The 306,000-square-foot Maynard Crossing mixed-use development in Maynard will be anchored by a Market Basket Supermarket. The project is...

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JLL Closes Gowanus O-Zone Sale Above Asking Price
News 3 days ago
JLL Closes Gowanus O-Zone Sale Above Asking Price

JLL Capital Markets completed the sale of 514 Union, 469 President St. and 473 President St. for EcoRise Development LLC. The buyer, 473 President...

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ABG Commercial Arranges $23M Sale of Boynton Yards Industrial Facility
News 3 days ago
ABG Commercial Arranges $23M Sale of Boynton Yards Industrial Facility

Cambridge-based ABG Commercial has brokered the $23 million sale of the office and industrial headquarters site of moving company Gentle Giant in...

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CBRE Hotels’ Danko Will Oversee Institutional Sales
News 3 days ago
CBRE Hotels’ Danko Will Oversee Institutional Sales

Industry veteran Ron Danko will undertake a new leadership role for CBRE Hotels, assuming overall responsibility for institutional investment sales...

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American Street Capital Structures Permanent Debt for Chicago-Area Portfolio
News 3 days ago
American Street Capital Structures Permanent Debt for Chicago-Area Portfolio

American Street Capital (ASC) secured $9.64 million in permanent debt for a 149-unit, scattered-site multifamily portfolio in the Chicago suburb of...

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PREIT/Macerich JV Unveils Philly’s Fashion District
News 3 days ago
PREIT/Macerich JV Unveils Philly’s Fashion District

A joint venture partnership between PREIT and Macerich will launch Fashion District Philadelphia, a redevelopment of the former Gallery Mall in...

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Lendlease, Magellan Add to Lakeshore East with Resi Towers
News 3 days ago
Lendlease, Magellan Add to Lakeshore East with Resi Towers

Lendlease and co-developer Magellan Development Group broke ground on the Cirrus and Cascade residential towers in the Lakeshore East community....

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Gotham to Develop New CPC HQ, Resi on Lower East Side
News 3 days ago
Gotham to Develop New CPC HQ, Resi on Lower East Side

The Chinese-American Planning Council (CPC) and the Gotham Organization have moved forward with plans to build a new 40,000-square-foot...

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- Connect Media Commercial Real Estate News
News 3 days ago
- Connect Media Commercial Real Estate News

Even as New York and all but one of the other top 19 markets saw year-over-year gains in construction employment, nonresidential construction...

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Extell Tops Out on Billionaires’ Row Condo Tower
News 3 days ago
Extell Tops Out on Billionaires’ Row Condo Tower

Extell Development Company’s Central Park Tower on West 57th Street’s “Billionaires’ Row” has topped out. At 1,550 feet in height, the condominium...

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Bradenton Apartment Project Sells for $46M
News 3 days ago
Bradenton Apartment Project Sells for $46M

JBM Institutional Multifamily Advisors has arranged the $46.4 million sale of the Preserve at Riverwalk Phase I, a 252-unit apartment community in...

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Waterton Brings in CRE and Finance Expert as CFO
News 3 days ago
Waterton Brings in CRE and Finance Expert as CFO

Waterton has hired Tara Marszewski as CFO, based in Chicago. She will succeed Doug Denyer, who will remain with the locally-based investment firm...

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Taiwan-based HCT Logistics Adds San Dimas Asset for $20M
News 3 days ago
Taiwan-based HCT Logistics Adds San Dimas Asset for $20M

Taiwan-based HCT Logistics Co. LTD acquired a suburban office building in San Dimas, CA from 955 Overland Venture, LLC, for $19.9 million in cash....

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Industrial Facility Near Tampa Airport Trades for $6M
News 3 days ago
Industrial Facility Near Tampa Airport Trades for $6M

Privately-held specialty pharmacy company AnazaoHealth Corp. has acquired 5401 Hangar Court, a 44,100-square-foot industrial facility located in...

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Collin Creek Mall Demolition Begins
News 3 days ago
Collin Creek Mall Demolition Begins

Work has begun to convert the 37-year-old Collin Creek Mall in Plano, TX into a $1 billion mixed-use project. But first, the old, two-story...

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Federal Funds Rate Drop for Second Time in 2019
News 3 days ago
Federal Funds Rate Drop for Second Time in 2019

Citing global issues and “muted inflation pressures,” the Federal Market Open Committee of the Federal Reserve dropped the federal funds target...

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$27M Acquisition Financing Obtained for Villa Nueva Apartments
News 3 days ago
$27M Acquisition Financing Obtained for Villa Nueva Apartments

Iliad Realty Group secured $27 million in bridge financing to acquire the 542-unit Villa Nueva Apartments, a Class B multifamily complex in Houston...

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Ackerman & Co., MDH to Acquire 400K-SF Lee + White MXU Project
News 3 days ago
Ackerman & Co., MDH to Acquire 400K-SF Lee + White MXU Project

A joint venture of Ackerman & Co. and MDH Partners is under contract to acquire the 23-acre Lee + White mixed-use project on the Atlanta Beltline’s...

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Chicago Aldermen Raise Threshold for Condo Deconversion Deals
News 3 days ago
Chicago Aldermen Raise Threshold for Condo Deconversion Deals

The Chicago City Council has voted to approve an ordinance that increases the majority of residential condominium owners needed to approve a bulk...

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Summerly at Zanjero Trades for $79M
News 3 days ago
Summerly at Zanjero Trades for $79M

Developer Fore Property Co. disposed of Summerly at Zanjero, a 340-unit, Class A multifamily property in Glendale, AZ. The brand-new asset at 7375...

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Biproxi Seeks to Become the Zillow of CRE
News 3 days ago
Biproxi Seeks to Become the Zillow of CRE

San Diego-based Biproxi raised $10 million in a seed funding round led by Greycroft. The transaction platform is seeking to become the Zillow of...

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