Search Results for:

You are here

Onni Group Plans Biggest Hotel in Glendale
News 3 weeks ago
Onni Group Plans Biggest Hotel in Glendale

Prolific developer Onni Group is planning a massive 857-key hotel in Glendale, Calif. The Candian firm filed plans for two buildings with a shared...

Share
Why the East Midtown Rezoning Works
News 3 weeks ago
Why the East Midtown Rezoning Works

As you make your way around Midtown East, it's clear the neighborhood is transforming. From new public spaces like Pershing Square Plaza to...

Share
Dalan Buys San Bernardino Apartments for $37M
News 3 weeks ago
Dalan Buys San Bernardino Apartments for $37M

New York-based landlord Dalan Management paid $37.4 million for a 197-unit multifamily property in San Bernardino, Calif. The real estate...

Share
NYC’s Status as a Primary Tech Center Drives Jobs and Lease Rates
News 3 weeks ago
NYC’s Status as a Primary Tech Center Drives Jobs and Lease Rates

CBRE, the world's largest commercial real estate services and investment firm, highlights the rising momentum in New York City's rapidly expanding...

Share
Lawsuit Against MPG’s Airbnb Scheme Lands $1M Settlement
News 3 weeks ago
Lawsuit Against MPG’s Airbnb Scheme Lands $1M Settlement

A lawsuit against brokerage Metropolitan Property Group (MPG), charged with being one of the largest operators of illegal Airbnb rentals in New...

Share
Blackstone to Lend $692M to Extell for One Manhattan Square
News 3 weeks ago
Blackstone to Lend $692M to Extell for One Manhattan Square

Blackstone Group has agreed to provide Extell Development with a $692 million loan package for One Manhattan Square, an 815-unit condo project on...

Share
Landlord Sues Dean & DeLuca for $29M Over Missed Rent at Cafe
News 3 weeks ago
Landlord Sues Dean & DeLuca for $29M Over Missed Rent at Cafe

Luxury food chain Dean & DeLuca's financial problems have deepened after the landlord of its short-lived, and expensive, Meatpacking District cafe...

Share
Meridian Group Partners With DC-Based Workspace Provider Cove
News 3 weeks ago
Meridian Group Partners With DC-Based Workspace Provider Cove

Bethesda, Md.-based developer The Meridian Group is partnering with workspace provider Cove to helm the experience management offerings and design...

Share
DC Office Buildings Bulking Up on Fitness Studios
News 3 weeks ago
DC Office Buildings Bulking Up on Fitness Studios

A fitness center in the office once meant a dank, windowless room inhabited by a few lonesome treadmills in the basement of a soaring complex....

Share
TPG Refinances Beacon’s Stake in 575 Fifth Avenue With $309M Loan
News 3 weeks ago
TPG Refinances Beacon’s Stake in 575 Fifth Avenue With $309M Loan

Beacon Capital Partners has nabbed a $309 million refinance from TPG Real Estate Finance Trust on the money it borrowed in 2015 to purchase a 50...

Share
College Fundraising Start-up Signs Lease at Skanska’s 99M in DC
News 3 weeks ago
College Fundraising Start-up Signs Lease at Skanska’s 99M in DC

Digital fundraising platform GiveCampus is moving out of its co-working space and into an 11,549-square-foot office at Skanska's 99 M Street SE in...

Share
Dean & Company's New HQ in Tysons
News 3 weeks ago
Dean & Company's New HQ in Tysons

Strategic consulting firm Dean & Company has signed a 36,205-square-foot lease at 1600 Tysons Boulevard, with plans to move its corporate...

Share
Hines, Oaktree Snag Arlington Office In $93M Deal
News 3 weeks ago
Hines, Oaktree Snag Arlington Office In $93M Deal

A joint-venture between Hines and Oaktree Capital Management has acquired Two Liberty Center, a 178,700-square-foot Class A office building in...

Share
Eastdil Secured Hires Multifamily Execs in Sun Belt
News 3 weeks ago
Eastdil Secured Hires Multifamily Execs in Sun Belt

Eastdil Secured has hired J. Philip Brosseau, Jr. and Ryan Reid from CBRE to serve as managing directors focused on the multifamily space in the...

Share
Wharton Properties, Brookfield Score $807M Refi for Crown Building
News 3 weeks ago
Wharton Properties, Brookfield Score $807M Refi for Crown Building

Apollo Commercial Real Estate Finance is providing a $807 million loan to Brookfield Properties and Jeff Sutton's Wharton Properties to refinance...

Share
Footwear Brand Johnston & Murphy Opening Outpost in Empire Outlets
News 3 weeks ago
Footwear Brand Johnston & Murphy Opening Outpost in Empire Outlets

Footwear retailer Johnston & Murphy plans to open its first factory store in Staten Island's recently opened Empire Outlets, Commercial Observer...

Share
Touring the Renovated Watchtower Buildings on the Brooklyn Waterfront
News 4 weeks ago
Touring the Renovated Watchtower Buildings on the Brooklyn Waterfront

When the Jehovah's Witnesses sold off the last of their Brooklyn properties in 2016 to move upstate, locals wondered what would happen to the...

Share
Nightingale, Wafra Close on Coca-Cola Building Buy With $700M JPM Loan
News 4 weeks ago
Nightingale, Wafra Close on Coca-Cola Building Buy With $700M JPM Loan

Nightingale Properties and Wafra Capital Partners have finalized their $907 million purchase of the Coca-Cola Building and scored a roughly $700...

Share
USTA Owes City $311K in Rent for US Open Stadiums in Queens
News 1 month ago
USTA Owes City $311K in Rent for US Open Stadiums in Queens

The City Comptroller's Office released a report today that found the U. S. Tennis Association (USTA) owes the city $311,000 in unpaid rent for the...

Share
A Missed CMBS Payment on Big Midtown Apartment Tower. No Sweat?
News 1 month ago
A Missed CMBS Payment on Big Midtown Apartment Tower. No Sweat?

In the wide world of real estate, it's an oddball story indeed when a landlord is poised to miss a big payment on a hundred-million-dollar loan and...

Share
Mexico City’s Terraza Cha Cha Cha coming to LA’s Arts District
News 1 month ago
Mexico City’s Terraza Cha Cha Cha coming to LA’s Arts District

Mexico City-based Grupo Palmares is bringing its popular rooftop restaurant to Downtown Los Angeles. The company will open an 11,450-square-foot...

Share
Natixis Provides $220M CMBS Refi for Amazon-Occupied Seattle Property
News 1 month ago
Natixis Provides $220M CMBS Refi for Amazon-Occupied Seattle Property

RFR Holding and TriStar Capital have scored a $220 million CMBS refinance for the Amazon Phase VII building at 400 Ninth Avenue North in Seattle's...

Share
WeWork Rival Industrious Raises $80M With Focus on Landlord Partnerships
News 1 month ago
WeWork Rival Industrious Raises $80M With Focus on Landlord Partnerships

Flex office provider Industrious has raised $80 million in a series D round, from investors that include real estate landlords, venture capital...

Share
Columbia Achieves Full Occupancy at D.C. Flexible Office Space
News 1 month ago
Columbia Achieves Full Occupancy at D.C. Flexible Office Space

Columbia Property Trust has reached full occupancy at The Link, a 21,000-square-foot flexible office and amenity program located within 1800 M...

Share
South Korean Firm Provides $31M Mezz Loan on Witkoff Cali Resi Project
News 1 month ago
South Korean Firm Provides $31M Mezz Loan on Witkoff Cali Resi Project

South Korean investment firm Mirae Asset Daewoo has provided a $31 million mezzanine loan to Steven Witkoff's The Witkoff Group to help facilitate...

Share
Top Execs Discuss the Current and Future Effects of Technology on CRE
News 1 month ago
Top Execs Discuss the Current and Future Effects of Technology on CRE

Commercial Observer's Partner Insights team held a webinar on technology's impact on commercial real estate, moderated by Richard Sarkis, CEO of...

Share
Madison Marquette Hires Strategy Pro Vazquez From Newmark
News 1 month ago
Madison Marquette Hires Strategy Pro Vazquez From Newmark

Washington, D. C.-based developer Madison Marquette has hired former Newmark Knight Frank executive Fernando Vazquez as a senior vice president to...

Share
Q&A With Architect and Developer Michael Kirchmann
News 1 month ago
Q&A With Architect and Developer Michael Kirchmann

Commercial Observer caught up with architect and developer Michael Kirchmann, the founder of GDSNY. Here he discusses the High Line, boutique...

Share
City Sues Operators Who Converted Office Suites Into Airbnb Rentals
News 1 month ago
City Sues Operators Who Converted Office Suites Into Airbnb Rentals

The city has filed a lawsuit against the owner of three commercial properties around Manhattan and a hotel operator who allegedly turned office...

Share
Taurus Gets $43M in Freddie Mac Debt for Tampa Multifamily Acquisition
News 1 month ago
Taurus Gets $43M in Freddie Mac Debt for Tampa Multifamily Acquisition

A Boston-based private equity firm has scored a $43.1 million Freddie Mac mortgage from Berkadia to buy a large apartment complex in Tampa, Fla.,...

Share