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Cantor Lends $31M on Pair of SoCal Strip Malls
News 2 weeks ago
Cantor Lends $31M on Pair of SoCal Strip Malls

Cantor Commercial Real Estate (CCRE) has provided $31 million in debt to refinance two mid-size retail properties in Los Angeles and Orange...

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Luxury Coat Brand Mackage Relocates Flagship in Soho
News 2 weeks ago
Luxury Coat Brand Mackage Relocates Flagship in Soho

Luxury Canadian brand Mackage is relocating its flagship location within Soho, Commercial Observer has learned. The retailer, reportedly a favorite...

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Oxford Seeking $975M Construction Loan for St. John’s Terminal
News 2 weeks ago
Oxford Seeking $975M Construction Loan for St. John’s Terminal

Oxford Properties Group is in the market for a $975 million construction loan to finance the development of St. John's Terminal, Commercial...

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ASB Real Estate Hires JBG’s Dean Cinkala as COO
News 2 weeks ago
ASB Real Estate Hires JBG’s Dean Cinkala as COO

Dean Cinkala, a former partner and managing member at JBG Companies, has joined ASB Real Estate Investments as its new chief operating officer,...

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2020 Real Estate Opportunities You Should Consider Now
News 2 weeks ago
2020 Real Estate Opportunities You Should Consider Now

Heading into 2020, there's good news for commercial real estate (CRE) investors with recession worries: This business cycle has lacked the kind of...

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Sports Marketing Firm to Open First NYC Office in Midtown
News 2 weeks ago
Sports Marketing Firm to Open First NYC Office in Midtown

The college sports marketing firm Learfield IMG College is opening its first outpost outside its home base in New York City. The Texas-based firm...

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Capital One Refis Upper Manhattan Apartment Building With $46M Loan
News 2 weeks ago
Capital One Refis Upper Manhattan Apartment Building With $46M Loan

Fairstead has picked up a $46.4 million loan from Capital One to refinance an apartment building in Upper Manhattan, Commercial Observer can first...

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Ghost Kitchen Kitopi Snags Manhattan Space
News 2 weeks ago
Ghost Kitchen Kitopi Snags Manhattan Space

Ghost kitchen operator Kitopi, which recently expanded into the New York City market, has landed its first lease in Manhattan, Commercial Observer...

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1740 Broadway Gets New Lobby, Private Club and John Fraser Restaurant
News 2 weeks ago
1740 Broadway Gets New Lobby, Private Club and John Fraser Restaurant

Hospitality is the name of the game in office buildings right now. At 1740 Broadway in Midtown, landlord EQ Office is demolishing the building's...

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Debevoise & Plimpton Takes 530K SF at The Spiral
News 2 weeks ago
Debevoise & Plimpton Takes 530K SF at The Spiral

Law firm Debevoise & Plimpton will move its headquarters to 530,000 square feet in Tishman Speyer's under-construction The Spiral on the Far West...

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Thorofare Capital CEO Kevin Miller Banks on Bank-like Discipline
News 2 weeks ago
Thorofare Capital CEO Kevin Miller Banks on Bank-like Discipline

Kevin Miller, the 38-year-old founder of Thorofare Capital, was a fourth grader in Pasadena, Calif., when he overheard "older people's"...

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NKF Provides $61M in Agency Debt on Suburban Chicago Multifamily Buy
News 2 weeks ago
NKF Provides $61M in Agency Debt on Suburban Chicago Multifamily Buy

Newmark Knight Frank's multifamily capital markets group has originated just over $61 million in Freddie Mac-backed debt to a joint venture between...

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LibreMax Capital Provides $64M Refi on Condo Project in Williamsburg
News 2 weeks ago
LibreMax Capital Provides $64M Refi on Condo Project in Williamsburg

New York-based asset management firm LibreMax Capital has provided $63.6 million in debt to a joint venture between SL Development and Local...

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Regional Law Firm Takes Bigger Digs at 11 Times Square
News 2 weeks ago
Regional Law Firm Takes Bigger Digs at 11 Times Square

Law firm Chiesa Shahinian & Giantomasi (CSG) inked a deal to nearly double its presence in 11 Times Square, Commercial Observer has learned. CSG...

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Debt on Times Square Retail Condo Transfers to Special Servicing
News 2 weeks ago
Debt on Times Square Retail Condo Transfers to Special Servicing

Kushner Companies' retail condominium in Times Square is in trouble with its lenders again, according to Kroll Bond Rating Agency, which is...

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Skanska Unveils $221M Luxury Apartment Project in Tysons
News 2 weeks ago
Skanska Unveils $221M Luxury Apartment Project in Tysons

Skanska USA will develop and build The Heming, a 28-story luxury apartment building in Tysons, Va., investing $221 million in the project,...

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Q&A with Asher Luzzatto of Luzzatto Company
News 2 weeks ago
Q&A with Asher Luzzatto of Luzzatto Company

The West Adams neighborhood along the sprawling 10 Freeway is one of the oldest in Los Angeles, but it has found renewed investment, development,...

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Office Will Continue to Drive “Safe Haven” LA This Year
News 2 weeks ago
Office Will Continue to Drive “Safe Haven” LA This Year

Cars still can't fly and humans don't have the ability to teleport, but at least 2020 will bring extended growth to the commercial real estate...

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Savanna Recaps One Court Square in $880M Deal
News 2 weeks ago
Savanna Recaps One Court Square in $880M Deal

Savanna has closed an $880 million recapitalization of its One Court Square in Long Island City nearly a year after Amazon backed away from a plan...

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Website Builder Wix Gets Meatpacking District Offices
News 3 weeks ago
Website Builder Wix Gets Meatpacking District Offices

Web design firm Wix has nailed down space across from the Whitney Museum in the Meatpacking District. The website builder has leased 15,784 square...

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Penzance Acquires Luxury Apartment Community in Dulles Technology Corridor
News 3 weeks ago
Penzance Acquires Luxury Apartment Community in Dulles Technology Corridor

Penzance has acquired The Mark, a 169-unit, luxury mixed-use apartment community in Herndon, Va., from Bet Investments, according to the buyer. The...

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These Are the Best Stories of the Year in Los Angeles
News 3 weeks ago
These Are the Best Stories of the Year in Los Angeles

The real estate landscape in Southern California continued to expand and evolve this year with major pre-lease agreements for unbuilt office space,...

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Berkadia's Charles Foschini on the Florida CRE Market
News 4 weeks ago
Berkadia's Charles Foschini on the Florida CRE Market

Berkadia's active presence in Florida's CRE debt scene owes no small part to Charles Foschini, who co-heads its originations in the state from the...

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The GSA Offers Up an Industrial Parcel in Sunset Park
News 1 month ago
The GSA Offers Up an Industrial Parcel in Sunset Park

The federal government has put a Brooklyn lot and warehouse up for sale in a buzzing portion of the Sunset Park waterfront. Is surrounded by...

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Domino Sugar Development Nabs First Office Tenant with Shampoo Maker
News 1 month ago
Domino Sugar Development Nabs First Office Tenant with Shampoo Maker

The office portion of the redevelopment of the former Domino Sugar Factory in Williamsburg, Brooklyn scored its first tenant, with custom shampoo...

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El Segundo Grew into LA’s Premiere Office Market
News 1 month ago
El Segundo Grew into LA’s Premiere Office Market

The small city of El Segundo, separate from the Silicon Beach phenomenon, has on its own become one of the most sought-after locations in Los...

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LA Development
News 1 month ago
LA Development

Los Angeles has long been a battleground for the most prolific planning and land use issues in California, where developers and landlords struggle...

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Redcar Properties Nabs Business Park in Culver City for $74M
News 1 month ago
Redcar Properties Nabs Business Park in Culver City for $74M

Redcar Properties is the new owner of the Westside Jefferson Business Park in Culver City on Los Angeles' Westside, where it plans to expand the...

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National Chain Closures in NYC Hit 12-Year High
News 1 month ago
National Chain Closures in NYC Hit 12-Year High

Major retailers have been disappearing from New York City for a while. But this year saw a 3.7 percent decline in the number of chain stores in the...

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Kaufman, AXA Land $76M Loan for 40 West 25th Street Acquisition
News 1 month ago
Kaufman, AXA Land $76M Loan for 40 West 25th Street Acquisition

Kaufman Organization and AXA Financial have locked down $76 million in acquisition financing for their purchase of 40 West 25th Street in the...

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