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JV Secures $200M Loan for Paramount Building
News 2 weeks ago
JV Secures $200M Loan for Paramount Building

NEW YORK CITY - A joint venture between Levin Management Corp. based in North Plainfield, New Jersey, and Manhattan-based Rosemark Management, Inc....

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Fundamental Advisors Sell Stake in Chicago Senior High-Rise
News 2 weeks ago
Fundamental Advisors Sell Stake in Chicago Senior High-Rise

CHICAGO-A majority stake in high-rise The Clare senior continuing care community on Pearson St. here has changed hands. New York City-based...

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Port Authority Reports Record Cargo, Passenger Volume in November
News 2 weeks ago
Port Authority Reports Record Cargo, Passenger Volume in November

NEW YORK CITY-The Port Authority of New York and New Jersey reports it amassed record cargo and passenger levels at its airports and ports in New...

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Morgan Properties Closes $5.3B in Freddie Mac ‘B Pieces’ in 2019
News 2 weeks ago
Morgan Properties Closes $5.3B in Freddie Mac ‘B Pieces’ in 2019

KING OF PRUSSIA, PA- Locally-based Morgan Properties reports it has acquired five separate K-Series B-Pieces from Freddie Mac in 2019. The total...

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The Proptech Sector Looks On as Subsidiaries of WeWork Divest
News 2 weeks ago
The Proptech Sector Looks On as Subsidiaries of WeWork Divest

NEW YORK CITY - WeWork went from one of the world's fastest-growing start-ups to bankruptcy almost overnight as the co-working firm flicked its...

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GCM Grosvenor to Buy Interest in Ohio Plant Under Development for $150M
News 3 weeks ago
GCM Grosvenor to Buy Interest in Ohio Plant Under Development for $150M

HANNIBAL, OH-Chicago-based global alternative asset management firm GCM Grosvenor reports it plans to acquire a 49.9% interest in Long Ridge Energy...

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Windsor Management Secures $20M to REFI Midtown Office
News 3 weeks ago
Windsor Management Secures $20M to REFI Midtown Office

NEW YORK CITY - Windsor Management Corporation, a New York-based commercial real estate firm, has secured a $20 million loan to refinance 16 West...

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Manhattan: A Tenants Market With Pockets of Good Landlord News
News 3 weeks ago
Manhattan: A Tenants Market With Pockets of Good Landlord News

NEW YORK CITY-"Opportunity." That's how Lee & Associates' Greg Tannor defines the Manhattan retail picture. That is, opportunity for tenants, "not...

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Clipper Realty Secures $82M For Brooklyn Heights Apartment
News 3 weeks ago
Clipper Realty Secures $82M For Brooklyn Heights Apartment

BROOKLYN-Publicly-traded Clipper Realty has secured $82 million for Clover House, a newly renovated luxury apartment complex in the Brooklyn...

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Safehold Closes $180M Ground Lease in Manhattan’s Grand Central Submarket
News 3 weeks ago
Safehold Closes $180M Ground Lease in Manhattan’s Grand Central Submarket

NEW YORK-Safehold Inc. has closed on the previously announced $180 million Safehold ground lease under the office property at 685 Third Ave., a 31...

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US Senate Pass Additional Funding for Gateway Program
News 4 weeks ago
US Senate Pass Additional Funding for Gateway Program

WASHINGTON-The US Senate passed a spending bill late last week that will provide additional funding for the State of New Jersey and particularly...

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Apartment-Hotel Tech Brand Domio Raises $100M
News 4 weeks ago
Apartment-Hotel Tech Brand Domio Raises $100M

NEW YORK CITY - Domio, a New York-based technology-powered apartment-hotel brand, has closed a $100 million Series B funding round of equity and...

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Goldman Sachs Lends $175M on East Village Hotel
News 1 month ago
Goldman Sachs Lends $175M on East Village Hotel

NEW YORK CITY - Goldman Sachs Private Bank has closed a $175 million loan to refinance the Moxy East Village, a 286-key Marriot-brand hotel on East...

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Innovo Property Group Scoops Bronx Warehouse
News 1 month ago
Innovo Property Group Scoops Bronx Warehouse

NEW YORK CITY - Innovo Property Group, a New York City-based real estate investment and operating company, has acquired 511 Barry St., a 140,000...

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Penn South Capital Acquires LES Portfolio
News 1 month ago
Penn South Capital Acquires LES Portfolio

NEW YORK CITY - Penn South Capital, a subsidiary of RAP Equities, a real estate investment management firm, has acquired a $27 million portfolio...

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TF Cornerstone Enters Philadelphia Market with Macy’s Retail Space Buy
News 1 month ago
TF Cornerstone Enters Philadelphia Market with Macy’s Retail Space Buy

PHILADELPHIA-TF Cornerstone of New York City has entered the commercial market here with the purchase of the retail space at the storied Wanamaker...

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Columbia Property Trust Renews Lease at Jersey Office Tower
News 1 month ago
Columbia Property Trust Renews Lease at Jersey Office Tower

NEW YORK CITY - Columbia Property Trust, Inc. a real estate investment trust headquartered in New Jersey, has renewed its 400,000 square-foot-lease...

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Essential Properties Realty Trust Secures A $430M Syndicated Loan
News 1 month ago
Essential Properties Realty Trust Secures A $430M Syndicated Loan

NEW YORK CITY- Essential Properties Realty Trust, a real estate firm focused on single-tenant occupied properties, has secured a $430 million...

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Health and Wellness Emerges A Top CRE Trend
News 1 month ago
Health and Wellness Emerges A Top CRE Trend

NEW YORK CITY- Health and wellness have become a top trend in the commercial real estate industry. Viewed as an exciting growth category for the...

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PGIM Real Estate Sells 11-Property Senior Portfolio
News 1 month ago
PGIM Real Estate Sells 11-Property Senior Portfolio

NEW YORK CITY - PGIM Real Estate, the real estate investment business under Prudential Financial Inc., has disposed of an 11-building senior...

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Convene Expands Partnership with Sterling Bay to Three Chicago Properties
News 1 month ago
Convene Expands Partnership with Sterling Bay to Three Chicago Properties

CHICAGO-Workplace services company Convene reports that it has entered a managed service agreement with Sterling Bay for 22,000 square feet at the...

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Cresco Labs Agrees to $50M Sale-Leaseback of Illinois Cultivation Facility
News 1 month ago
Cresco Labs Agrees to $50M Sale-Leaseback of Illinois Cultivation Facility

CHICAGO-Locally-based Cresco Labs reports it has closed on a sale-leaseback deal with GreenAcreage Real Estate Corp. of New York City for its...

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Bell Works Owners Secure $200M Refi Deal
News 1 month ago
Bell Works Owners Secure $200M Refi Deal

HOLMDEL, NJ-The owners of the 1.4-million-square-foot Bell Works office complex here has secured a $200-million refinancing deal. New York City...

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Slowdown in NYC Multifamily Market Won’t Let Up
News 1 month ago
Slowdown in NYC Multifamily Market Won’t Let Up

NEW YORK CITY - The multifamily market in New York City has been on a downward slope since the announcement and passing of the Housing Stability...

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Macerich Refinances $540M for Brooklyn Mall
News 1 month ago
Macerich Refinances $540M for Brooklyn Mall

NEW YORK CITY - Macerich Company, a real estate investment trust headquartered in Santa Monica, has closed a $540 million loan on Kings Plaza in...

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Post ICSC: New Joint Ventures in Retail Asset Class
News 1 month ago
Post ICSC: New Joint Ventures in Retail Asset Class

NEW YORK CITY -The lead-up to the International Council of Shopping Centers' New York Deal Making Conference 2019 there was plenty of chit chatter...

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Renovations Complete at Newark Affordable Housing Project
News 1 month ago
Renovations Complete at Newark Affordable Housing Project

NEWARK, NJ-The $10-million rehabilitation program at the 440 Washington St. affordable residential building here is now complete. Last week,...

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Predictive Analytics In Demand From CRE Firms
News 1 month ago
Predictive Analytics In Demand From CRE Firms

NEW YORK CITY - Predictive analytics has become as necessary as a cup of coffee in the morning for CRE professionals, Neelika Choudhury, senior...

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Safehold Boosts Its Market Share with Midtown Office Ground Lease
News 1 month ago
Safehold Boosts Its Market Share with Midtown Office Ground Lease

NEW YORK CITY - Safehold Inc., a real estate investment trust specializing in ground leases, is upping its market share in the New York City arena....

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The Office Buildings That Will Excel in 2020
News 1 month ago
The Office Buildings That Will Excel in 2020

NEW YORK-As Mark Fawer, an attorney with Greenspoon Marder's Real Estate practice group, peeks into his crystal ball for 2020, he sees top-on-of...

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