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NYCB Lends $78M to Refi Debt on Stellar’s NoMad Office Building
News 5 months ago
NYCB Lends $78M to Refi Debt on Stellar’s NoMad Office Building

New York Community Bank has provided a $78 million refinance of previous debt backed by Stellar Management’s commercial asset at 44 West 28th...

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Creative Agency Leads Trio Of Dumbo Leases
News 5 months ago
Creative Agency Leads Trio Of Dumbo Leases

Two creative agencies and a real estate investment company recently inked a trio of leases across two neighboring properties in Dumbo, Brooklyn,...

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Sephora Signs at Brooklyn’s Atlantic Terminal Mall
News 5 months ago
Sephora Signs at Brooklyn’s Atlantic Terminal Mall

The multi-story shopping center located across from Barclays Center in Brooklyn has landed a Sephora. The seller of Urban Decay eyeshadows and Dior...

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Jewish Nonprofit Inks Direct Deal at 77 Water Street
News 5 months ago
Jewish Nonprofit Inks Direct Deal at 77 Water Street

A large social services nonprofit, the Metropolitan Council on Jewish Poverty, inked a direct deal with the William Kaufman Organization to...

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Communications Agency RR Donnelley Heads to Madison Avenue
News 5 months ago
Communications Agency RR Donnelley Heads to Madison Avenue

Marketing firm RR Donnelley is moving its offices a block west to 261 Madison Avenue in Midtown South, landlord Sapir Organization announced today....

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Royal Oak Buys 125K-SF Warehouse Outside of Baltimore
News 5 months ago
Royal Oak Buys 125K-SF Warehouse Outside of Baltimore

Annapolis, Md.-based investment firm MRE Properties has sold a 125,000-square-foot warehouse in suburban Baltimore to Royal Oak Realty Trust for ...

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WashREIT Sells Three Maryland Power Centers for $77M
News 5 months ago
WashREIT Sells Three Maryland Power Centers for $77M

In the wake of a five-property portfolio sale, WashREIT has unloaded another three retail assets in Maryland in two separate deals, according to...

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Neustar Signs 100K SF Lease for Global Headquarters in Reston
News 5 months ago
Neustar Signs 100K SF Lease for Global Headquarters in Reston

Information services company Neustar will be moving its global headquarters from Sterling, Va. and has signed a 100,000-square-foot lease at 1906...

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When a Project Stalls, Here's Who Swoops in to Save the Day
News 5 months ago
When a Project Stalls, Here's Who Swoops in to Save the Day

Never fear! Your friendly neighborhood lender is here! When global real estate owner Bizzi & Partners Development broke ground on its supertall 273...

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Blackstone Sells DC Office With White House Views for $231M
News 5 months ago
Blackstone Sells DC Office With White House Views for $231M

New York City-based investment firm Blackstone Group has sold an office building located near the White House at 815 Connecticut Avenue NW in...

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DIA Renews 266K Lease in Prince George County
News 5 months ago
DIA Renews 266K Lease in Prince George County

The Defense Intelligence Agency (DIA) will remain at 3300 75th Avenue in Landover, Md., re-upping its 266,000-square-foot lease with Office...

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Silverstein, Brookfield Consider Joint Bid to Develop WTC 5
News 5 months ago
Silverstein, Brookfield Consider Joint Bid to Develop WTC 5

Silverstein Properties and Brookfield Properties, two of downtown's biggest landlords, are considering partnering up on a proposal to develop one...

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The Mighty Penn: How Penn REIT’s New Philly Mall Tests the Future of Retail
News 5 months ago
The Mighty Penn: How Penn REIT’s New Philly Mall Tests the Future of Retail

In the mid-2000s, an eager developer zeroed in on a plot of land in one of America’s biggest East Coast metropolises. Perched above a mess of train...

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After Years of Fakeouts, LA’s Historic Clark Hotel to Open in November
News 5 months ago
After Years of Fakeouts, LA’s Historic Clark Hotel to Open in November

The historic Hotel Clark in Downtown Los Angeles, which has been sitting vacant for years, is finally scheduled to open in November. Though most...

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Santa Monica Approves Hotel Workers Protection Ordinance
News 5 months ago
Santa Monica Approves Hotel Workers Protection Ordinance

The City Council of Santa Monica voted unanimously to approve an ordinance providing safety and wage protections for hotel workers within city...

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Lord & Taylor To Be Sold For $100M, Outlines Real Estate Strategy
News 5 months ago
Lord & Taylor To Be Sold For $100M, Outlines Real Estate Strategy

One of the country's oldest department stores, Lord & Taylor, will be sold to a seven-year-old clothing rental startup for $100 million. Hudson's...

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ACRES Provides $35M For The Vorea Group to Build LIC Mixed-Use Project
News 5 months ago
ACRES Provides $35M For The Vorea Group to Build LIC Mixed-Use Project

Long Island-based ACRES Capital has provided $35 million to The Vorea Group for the firm to build Jackson Square, its planned mixed-use project in...

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SunTrust Lends $170M on DivcoWest’s Purchase of 540 Madison Avenue
News 5 months ago
SunTrust Lends $170M on DivcoWest’s Purchase of 540 Madison Avenue

DivcoWest Real Estate Investments got $170 million from SunTrust Bank to help fund its $310 million purchase of 540 Madison Avenue from Boston...

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Arizona Hotel Development Gets $86M Boost From HSF
News 5 months ago
Arizona Hotel Development Gets $86M Boost From HSF

Las Vegas’ CAI Investments has signed on for an $86.5 million mortgage from Hall Structured Finance to back a hotel development project it’s...

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Burlington Coat Factory Plans LIC Store
News 5 months ago
Burlington Coat Factory Plans LIC Store

Burlington Coat Factory has inked a big lease for a store in eastern Long Island City, Queens, Commercial Observer has learned. The discount...

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WeWork Picks Up Rival Coworking Company Spacious
News 5 months ago
WeWork Picks Up Rival Coworking Company Spacious

Coworking giant WeWork continued its recent spree of acquiring companies, this time picking up rival Spacious, which offers shared workspaces...

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Fairstead Gets $33M Loan for Hell’s Kitchen Apartment Building
News 5 months ago
Fairstead Gets $33M Loan for Hell’s Kitchen Apartment Building

Fairstead Capital has nabbed $32.9 million from NYC Partnership Housing Development Fund Company to fund its purchase of an apartment building at...

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DC-Area Data Center Nabs $67M Loan for Expansion Project
News 5 months ago
DC-Area Data Center Nabs $67M Loan for Expansion Project

EagleBank has provided a $67 million refinancing to the owners of a data center in Northern Virginia, according to Phillips Realty Capital, which...

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Global Holdings Gets $400M Midtown Refi from HSBC
News 5 months ago
Global Holdings Gets $400M Midtown Refi from HSBC

Eyal Ofer’s Global Holdings has closed on a $400 million refinancing on its Midtown skyscraper at 120 Park Avenue, as per New York City Department...

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SunWest Developer Adds 100+ Resi Units to Hollywood Project
News 6 months ago
SunWest Developer Adds 100+ Resi Units to Hollywood Project

The developer of the SunWest development in Hollywood has gone back to the drawing board in favor of a more expansive project at the intersection...

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Software Firm Unqork Taking Over Former Gawker Offices at 114 Fifth Avenue
News 6 months ago
Software Firm Unqork Taking Over Former Gawker Offices at 114 Fifth Avenue

Unqork, a developer of enterprise software for insurance companies, will take over the former Flatiron offices of media sites Gawker, Gizmodo and...

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Brain Rehab Center Leases Space at Tarzana Medical Atrium
News 6 months ago
Brain Rehab Center Leases Space at Tarzana Medical Atrium

The Centre for Neuro Skills signed a 10-year lease for 24,500 square feet at the newly developed Tarzana Medical Atrium in Tarzana, Calif. The...

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Nationwide Lends $43M to Recap Newly Built New Jersey Resi Complex
News 6 months ago
Nationwide Lends $43M to Recap Newly Built New Jersey Resi Complex

Nationwide Life Insurance Company has provided $43 million in permanent financing to an affiliate of Mack-Cali Realty Corporation for a new...

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Museum of Ice Cream Plans Permanent Soho Flagship
News 6 months ago
Museum of Ice Cream Plans Permanent Soho Flagship

The Museum of Ice Cream — a traveling Instagram attraction — has set up shop permanently in a Soho storefront. The museum has signed a 10-year...

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Columbia University Signs Blue Bottle, Dos Toros In Retail Refresh
News 6 months ago
Columbia University Signs Blue Bottle, Dos Toros In Retail Refresh

Students at Columbia University in need of a pick-me-up will soon have Blue Bottle Coffee and Dos Toros among their roster of options, as the...

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