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City Harvest Moving to 150K SF Warehouse in Sunset Park
News 1 month ago
City Harvest Moving to 150K SF Warehouse in Sunset Park

Food rescue organization City Harvest will move its offices and distribution center to 150 52nd Street in Sunset Park, Brooklyn, brokers on the...

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French Engineering Firm Moving NYC Offices to 55 Broad Street
News 1 month ago
French Engineering Firm Moving NYC Offices to 55 Broad Street

Paris-based engineering and consulting firm SYSTRA will move its New York City offices to 14,295 square feet at 55 Broad Street....

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3650 REIT Provides $50M Construction Loan for Miami Resi Property
News 1 month ago
3650 REIT Provides $50M Construction Loan for Miami Resi Property

Los Angeles-based real estate investor and developer The Latigo Group (TLG) has nabbed $50 million from real estate investment trust 3650 REIT, to...

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New York's Ambitious New Sustainability Laws
News 1 month ago
New York's Ambitious New Sustainability Laws

In May of 2019, New York City passed the Climate Mobilization Act, a nine-bill package representing some of the most ambitious climate legislation...

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James Whelan Talks Leading REBNY Through Turbulent Times
News 1 month ago
James Whelan Talks Leading REBNY Through Turbulent Times

It's a tough time to head up the Real Estate Board of New York. The 123-year-old trade organization suffered several public losses last year. REBNY...

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Goldman Lends $258M Towards Dune’s National Lodging Buy
News 1 month ago
Goldman Lends $258M Towards Dune’s National Lodging Buy

A Dune Real Estate Partners fund has picked up a $258 million mortgage from Goldman Sachs to fund its acquisition of 17 hotels in nine states,...

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MRC Lends $27M on Two Seattle-Area Projects
News 1 month ago
MRC Lends $27M on Two Seattle-Area Projects

Madison Realty Capital (MRC) has provided $27 million in financing for two projects in Tacoma, Wash. and Downtown Seattle, the lender announced...

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Morgan Stanley Lends $50M to Refi Bronx Multifamily Portfolio
News 1 month ago
Morgan Stanley Lends $50M to Refi Bronx Multifamily Portfolio

Eastchester, N. Y.-based Finkelstein Timberger East Real Estate (FTERE) has secured a $50.4 million loan from Morgan Stanley to refinance a...

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Delivering on the Promise of Design-Build
News 1 month ago
Delivering on the Promise of Design-Build

Many large New York construction projects are using the design-build delivery method for agencies. Delivering on the Promise of Design-Build

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Nadine Watt Takes the Reigns, and Trammell Crow has a New Leader in LA
News 1 month ago
Nadine Watt Takes the Reigns, and Trammell Crow has a New Leader in LA

A new era is upon us as several top-name real estate firms and development companies in Southern California enter the new decade with new...

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Concert Promoter Expands at ESRT’s 250 West 57th Street
News 1 month ago
Concert Promoter Expands at ESRT’s 250 West 57th Street

Distinguished Concerts International New York signed a lease to expand its offices at 250 West 57th Street and move to a single-floor space....

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Blackstone Sells Northern Virginia Office to Meridian For $113M
News 1 month ago
Blackstone Sells Northern Virginia Office to Meridian For $113M

The Meridian Group has acquired 1525 Wilson Boulevard, a 318,729-square-foot office building in Rosslyn, Va., from The Blackstone Group for $113.2...

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Fintech Firm Refinitiv Moving to 109K SF at 28 Liberty Street
News 1 month ago
Fintech Firm Refinitiv Moving to 109K SF at 28 Liberty Street

Refinitiv became the latest company to leave Midtown for the Financial District, with the fintech firm taking 108,917 square feet at 28 Liberty...

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ACORE Lends $60M to Refi Boutique Hotel in Nashville
News 1 month ago
ACORE Lends $60M to Refi Boutique Hotel in Nashville

A fast-growing lodging brand has landed a $60 million refinancing on a hotel it owns in Nashville, Tenn., Commercial Observer can first report. The...

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Cantor Lends $31M on Pair of SoCal Strip Malls
News 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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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