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PGIM Lends $450M on Massive Sun Belt Industrial Portfolio
News 3 weeks ago
PGIM Lends $450M on Massive Sun Belt Industrial Portfolio

PGIM Real Estate Finance has provided $450 million in first mortgage financing to New York-based private equity firm DRA Advisors backed by a...

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Bank OZK Lends $140M on Boston Life Science Development
News 3 weeks ago
Bank OZK Lends $140M on Boston Life Science Development

Bank OZK has provided a $140 million senior construction loan for the development of a 275,000-square-foot speculative life science property in...

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Barings Funds $125M Refinance for L.A. Resi Project
News 3 weeks ago
Barings Funds $125M Refinance for L.A. Resi Project

Decron Properties has picked up a $125 million mortgage to refinance a multifamily-and-retail property in Los Angeles, Commercial Observer can...

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Apollo Subsidiary Lends $81M to Refi Luxe Denver Multifamily Property
News 3 weeks ago
Apollo Subsidiary Lends $81M to Refi Luxe Denver Multifamily Property

Athene, an insurance subsidiary of Apollo Global Management, has provided an $81 million loan to refinance BMC Investments' newly-built residential...

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The Stonewall Inn Beyond the Riots
News 3 weeks ago
The Stonewall Inn Beyond the Riots

The Stonewall Uprising, or Stonewall Riots, were a pivotal moment in the LGBTQ Civil Rights movement, according to David Carter, historian and...

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Hines is the Latest Landlord to Get on the Coworking Bandwagon
News 3 weeks ago
Hines is the Latest Landlord to Get on the Coworking Bandwagon

Real estate development firm Hines has launched a flexible workspace arm called Hines Squared, the company announced today. Hines is the latest...

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Knotel Inks Deal for 100th Building in NYC
News 3 weeks ago
Knotel Inks Deal for 100th Building in NYC

Flexible-workspace provider Knotel nabbed space in its 100th building in New York City by inking a 23,424-square-foot deal in The World Diamond...

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Commercial Real Estate Industry Searches for Ways to Be More Inclusive
News 3 weeks ago
Commercial Real Estate Industry Searches for Ways to Be More Inclusive

At the beginning of RXR Realty's pride panel at 75 Rockefeller Plaza, the moderator, RXR's Justin LaCoursiere, pointed out that the commercial real...

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Bank of China Refinances Miami JW Marriott Resort with $340M Loan
News 3 weeks ago
Bank of China Refinances Miami JW Marriott Resort with $340M Loan

Bank of China has delivered $340 million to Jeffrey Soffer's Fontainebleau Development to refinance its 300-acre JW Marriott Miami Turnberry Resort...

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TD Provides $47M Construction Loan for OZ Multifamily Project Near DC
News 3 weeks ago
TD Provides $47M Construction Loan for OZ Multifamily Project Near DC

Urban Atlantic has nabbed a $47 million construction loan from TD Bank for the development of The Stella-a 282-unit multifamily project in New...

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Animation Software Company Ceros Expands in Chelsea
News 3 weeks ago
Animation Software Company Ceros Expands in Chelsea

Ceros, a software development company that helps users create animated content online, is doubling its offices at 40 West 25th Street in Chelsea....

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Chelsea Seventh Lands Wellness Studio, Pet Shop and Coffee Roaster
News 3 weeks ago
Chelsea Seventh Lands Wellness Studio, Pet Shop and Coffee Roaster

A pet shop, coffee roaster and a new wellness studio plan to open up on the ground floor of a Chelsea condominium, Commercial Observer has learned....

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Developers Picks Up Bronx Apartment Building for $76M
News 3 weeks ago
Developers Picks Up Bronx Apartment Building for $76M

Camber Property Group and Belveron Partners bought a 400-unit apartment building in the Highbridge section of the Bronx for $76.3 million, with...

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LIVWRK Grabs $61M Financing Package for Crown Heights Office Buy
News 3 weeks ago
LIVWRK Grabs $61M Financing Package for Crown Heights Office Buy

LIVWRK has pinned down a $61 million financing package to buy and reposition an office building in Brooklyn, Commercial Observer can first report....

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John Banks Steps Down as REBNY President
News 3 weeks ago
John Banks Steps Down as REBNY President

John Banks, the president of the Real Estate Board of New York, is stepping down next month, the powerful lobbying organization announced today....

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Facebook Reportedly Eyeing 1M SF Offices in Hudson Yards
News 3 weeks ago
Facebook Reportedly Eyeing 1M SF Offices in Hudson Yards

After being linked to several properties around Manhattan recently, Facebook is in talks to lease office space in the under-construction 50 Hudson...

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Equinox Commits to Wall Street Outpost Into 2039
News 3 weeks ago
Equinox Commits to Wall Street Outpost Into 2039

Luxury gym chain Equinox Fitness inked a deal to keep its 36,500-square-foot outpost at 14 Wall Street for another two decades, Commercial Observer...

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Clean Market to Open Third NYC Location in Noho
News 3 weeks ago
Clean Market to Open Third NYC Location in Noho

Wellness boutique Clean Market plans to open a third Manhattan location at the base of a swanky new condo development in Noho, Commercial Observer...

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Breaking Down the Rent Laws for the Real Estate Industry
News 3 weeks ago
Breaking Down the Rent Laws for the Real Estate Industry

Nearly a century ago, in 1920, the New York State legislature passed the first emergency tenant protection laws, which sought to protect tenants...

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Skanska Sells DC Luxury Apartments for $141M
News 4 weeks ago
Skanska Sells DC Luxury Apartments for $141M

Milwaukee-based Northwestern Mutual has purchased a luxury apartment building at 22 M Street NE in Washington D. C.'s NoMa neighborhood for $141M,...

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Marketing Firm Signs Lease for 18K SF in Suburban Baltimore
News 4 weeks ago
Marketing Firm Signs Lease for 18K SF in Suburban Baltimore

Marketing communications agency imre has signed an 11-year lease for 18,058 square feet at Court Towers in suburban Baltimore, Md., Commercial...

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Markwood’s Aftalion Dreams of a More Urban Future for LA
News 4 weeks ago
Markwood’s Aftalion Dreams of a More Urban Future for LA

Parking garages might not be the sexiest real estate assets out there, but Simon Aftalion has found a way to make them a hot topic. Aftalion is the...

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Colliers Head of Real Estate Fired Over ‘Improper Trading Activity’
News 1 month ago
Colliers Head of Real Estate Fired Over ‘Improper Trading Activity’

Colliers International has fired the CEO of its real estate services division, Dylan Taylor, less than a year after he assumed the post, the...

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NYU Dental School Takes Space at City Point in Brooklyn
News 1 month ago
NYU Dental School Takes Space at City Point in Brooklyn

The New York University College of Dentistry has inked a deal to bring a low-cost dental office to City Point in Downtown Brooklyn, Commercial...

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Tacombi coming to FiDi as 74 Broad Starts Leasing
News 1 month ago
Tacombi coming to FiDi as 74 Broad Starts Leasing

Tacombi, the purveyor of homestyle Mexican food, will be opening its first branch in the Financial District in the newly renovated 74 Broad Street,...

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Berkadia Lends $26M in Freddie Mac Debt for Orlando Multifamily Buy
News 1 month ago
Berkadia Lends $26M in Freddie Mac Debt for Orlando Multifamily Buy

A joint venture between GMF Capital and Michaelson Group has nabbed $26.1 million in Freddie Mac-backed debt from Berkadia for its purchase of a...

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Designer Clothing Store Expands Lease by 2K SF in Brookfield Place
News 1 month ago
Designer Clothing Store Expands Lease by 2K SF in Brookfield Place

Suitsupply has expanded their lease by 2,003 square feet in Brookfield Place at 230 Vesey Street, between Liberty and Fulton Streets in the...

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Law Firm Takes Full Floor at 7 Times Square Tower
News 1 month ago
Law Firm Takes Full Floor at 7 Times Square Tower

Mid-sized law firm Norris McLaughlin will move its New York City offices to a full-floor at Boston Properties' 7 Times Square Tower, Commercial...

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Pacific Western, Cottonwood Lend $99M on SF Condo Project
News 1 month ago
Pacific Western, Cottonwood Lend $99M on SF Condo Project

Pacific Western Bank and Cottonwood Group have combined to provide $99 million in construction financing to Stockbridge Capital Group and developer...

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Reonomy Adds CoreLogic To Its List of Exclusive Partners
News 1 month ago
Reonomy Adds CoreLogic To Its List of Exclusive Partners

The commercial real estate data firm Reonomy is partnering with CoreLogic, a provider of residential and commercial property data, Commercial...

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