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Annaly Lends $28M in East Harlem Mixed-Use Refi
News 1 week ago
Annaly Lends $28M in East Harlem Mixed-Use Refi

The Rockfeld Group has picked up a $28.1 million refinancing from Annaly Capital Management for a mixed-use commercial building it controls in...

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Rent Stabilization — and Much Other Policy — Does Not Make Sense
News 1 week ago
Rent Stabilization — and Much Other Policy — Does Not Make Sense

I thought that, when Amazon's 28,000 jobs were chased away, I had seen everything, but I was wrong. Making rent stabilization permanent but leaving...

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ACORE Issues $145M Debt Package to Refi Hotel Portfolio Out West
News 1 week ago
ACORE Issues $145M Debt Package to Refi Hotel Portfolio Out West

Windsor Capital Group, a major lodging operator, has turned to ACORE Capital for a $145.4 million loan to refinance a group of three hotels it owns...

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Restaurant and Brewery to Open in Financial District
News 1 week ago
Restaurant and Brewery to Open in Financial District

A new restaurant and brewery by the owners of The Malt House is slated to open in the Financial District next year. MezCali signed a 20-year lease...

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FiDi Hotel Gets $66M Refi From M&T Bank
News 1 week ago
FiDi Hotel Gets $66M Refi From M&T Bank

M&T Bank is lending $66 million to refinance a hotel near the southern tip of Manhattan, according to city property records. The deal refreshes a...

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Pegasystems Inks 11K SF Lease at Dulles Town Center
News 1 week ago
Pegasystems Inks 11K SF Lease at Dulles Town Center

Pegasystems, a global software company, has leased 10,917 square feet at 21000 Atlantic Boulevard at the Dulles Town Center in Dulles, Va., with...

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Indie Music Distributor TuneCore Grows in Dumbo
News 1 week ago
Indie Music Distributor TuneCore Grows in Dumbo

Digital music distributor TuneCore has expanded its Dumbo offices, according to tenant broker Cresa. The 14-year-old company, which licenses and...

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Planet Fitness to Open Branch in LIC Rental Tower
News 2 weeks ago
Planet Fitness to Open Branch in LIC Rental Tower

Gym chain Planet Fitness is opening its first location in Long Island City, Commercial Observer has learned. The fitness brand signed a lease for...

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Tattoo Removal Studio The Finery to Open Brooklyn Location
News 2 weeks ago
Tattoo Removal Studio The Finery to Open Brooklyn Location

The Finery, a laser tattoo removal studio, is opening its first Brooklyn location in Boerum Hill, Commercial Observer has learned. The Finery...

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Attorney Isaac Marcushamer on the Dark Side of EB-5 Financing
News 2 weeks ago
Attorney Isaac Marcushamer on the Dark Side of EB-5 Financing

The EB-5 visa program is supposed to be a win-win: foreign investors get a path to U. S. residency in exchange for investing in job-creating...

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Brett Kaplan of LoanCore Capital on NYC Real Estate Financing
News 2 weeks ago
Brett Kaplan of LoanCore Capital on NYC Real Estate Financing

Commercial Observer's Cathy Cunningham interviews Brett Kaplan of LoanCore Capital on NYC real estate financing as they fly over New York City....

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One of LA's Top Lawyers Reflects on Decades of Deals
News 2 weeks ago
One of LA's Top Lawyers Reflects on Decades of Deals

If you're a developer or lender in Los Angeles commercial real estate, chances are you know Paul Rutter. The industry vet has more than 40 years of...

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Investment Manager Leaves Park Avenue for the Far West Side
News 2 weeks ago
Investment Manager Leaves Park Avenue for the Far West Side

Hedge fund Brevet Capital Management is departing the Helmsley Building at 230 Park Avenue for a high-end warehouse-to-office redevelopment near...

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Behind GFI's Turnaround of a Neglected Hotel
News 2 weeks ago
Behind GFI's Turnaround of a Neglected Hotel

Well-known for its activities in New York's hospitality sector as the owner of the Parker New York, the Ace Hotel and The Beekman, GFI Capital...

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Hudson Yards. Terminal Stores. Amazon in LIC. Ross Silver Was There
News 2 weeks ago
Hudson Yards. Terminal Stores. Amazon in LIC. Ross Silver Was There

It was early February of this year, and Ross Silver was moments from finalizing one of the biggest deals of his career. For such a prolific lawyer,...

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Real Estate as a Backdoor to Cannabis Investing
News 2 weeks ago
Real Estate as a Backdoor to Cannabis Investing

The cannabis industry had a banner year in 2018, and the success has continued unabated into 2019. Last week, New York Gov. Andrew Cuomo signed a...

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Credit Union Relocating Baltimore Office to Canton Crossing Tower
News 2 weeks ago
Credit Union Relocating Baltimore Office to Canton Crossing Tower

Johns Hopkins Federal Credit Union is moving its offices across town and has signed a 29,000-square-foot lease at the Canton Crossing Tower in...

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Thor Nabs $91M CMBS Loan for NJ Life Science Acquisition
News 2 weeks ago
Thor Nabs $91M CMBS Loan for NJ Life Science Acquisition

Citigroup has provided a $91 million CMBS loan to Thor Equities for its $152 million acquisition of the New Jersey Center of Excellence-a life...

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Maquette Signs LIC Warehouse Lease for Fine Art Storage and Logistics
News 2 weeks ago
Maquette Signs LIC Warehouse Lease for Fine Art Storage and Logistics

The Tribeca-based Maquette, a logistics firm that provides fine arts storage and handling services, signed a lease with North River Company for...

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Minkoff Development Purchases five-property portfolio in Chantilly, Va
News 2 weeks ago
Minkoff Development Purchases five-property portfolio in Chantilly, Va

Minkoff Development has acquired a five-property portfolio of office and flex buildings in Chantilly, Va., for $43 million, marking the firm's...

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Whole Foods Signs On to West Adams Development
News 2 weeks ago
Whole Foods Signs On to West Adams Development

Amazon-owned grocery chain Whole Foods will anchor the 11-acre Cumulus District development in Los Angeles' West Adams neighborhood, according to...

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Investment Manager PDT Partners Reups at 1745 Broadway
News 2 weeks ago
Investment Manager PDT Partners Reups at 1745 Broadway

Investment management company PDT Partners inked a deal to keep its offices at 1745 Broadway in Midtown, Commercial Observer has learned. PDT...

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Pine River Lends $23M on Cali Office Campus
News 2 weeks ago
Pine River Lends $23M on Cali Office Campus

Atlas Capital Group has scored a $23 million loan for its Gardena Office Campus, a 145,000-square-foot complex in Gardena, Calif., Commercial...

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Sabet Group Buys Broome Street Building for $21M
News 2 weeks ago
Sabet Group Buys Broome Street Building for $21M

A 25,000-square-foot cast iron building at 457 Broome Street in Soho has traded hands for $21.3 million, Commercial Observer has learned. The six...

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Ulta Beauty Snags 12K SF in Herald Square
News 2 weeks ago
Ulta Beauty Snags 12K SF in Herald Square

Ulta Beauty will open a new store at 2 Herald Square, landlord SL Green Realty Corp. announced in a company statement. The cosmetics and skincare...

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Pembrook Provides $50M in Pref Equity for LA, NYC Affordable Housing
News 2 weeks ago
Pembrook Provides $50M in Pref Equity for LA, NYC Affordable Housing

Prana Investments has nabbed a $50 million preferred equity investment from Pembrook Capital Management for its continued acquisition of workforce...

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CBRE’s Scoring Tech Talent Report Lists D.C. Among Top Four in Fostering Tech Talent
News 3 weeks ago
CBRE’s Scoring Tech Talent Report Lists D.C. Among Top Four in Fostering Tech Talent

The Washington, D. C. market ranks third in the nation on its ability to foster tech talent, as the region expands past traditional sectors and...

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News 3 weeks ago
SOFIE signs 9K SF Lease at Dulles Town Center

SOFIE, a theranostics company headquartered in Los Angeles, Calif., has inked a 9,132-square-foot lease at 21000 Atlantic Boulevard at the Dulles...

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One Bryant Park Lands $1.6B CMBS Refi
News 3 weeks ago
One Bryant Park Lands $1.6B CMBS Refi

Bank of America is leading a $1.6 billion refinancing on the One Bryant Park office tower in Midtown, according to a Kroll Bond Rating Agency...

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Michael Kazmierski to Take Over as President of Kaufman Investments
News 3 weeks ago
Michael Kazmierski to Take Over as President of Kaufman Investments

The Kaufman Organization, one of New York's oldest and most storied commercial landlords, has named Michael Kazmierski the new head of its real...

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