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Q&A with Asher Luzzatto of Luzzatto Company
News 1 month ago
Q&A with Asher Luzzatto of Luzzatto Company

The West Adams neighborhood along the sprawling 10 Freeway is one of the oldest in Los Angeles, but it has found renewed investment, development,...

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Office Will Continue to Drive “Safe Haven” LA This Year
News 1 month ago
Office Will Continue to Drive “Safe Haven” LA This Year

Cars still can't fly and humans don't have the ability to teleport, but at least 2020 will bring extended growth to the commercial real estate...

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Savanna Recaps One Court Square in $880M Deal
News 1 month ago
Savanna Recaps One Court Square in $880M Deal

Savanna has closed an $880 million recapitalization of its One Court Square in Long Island City nearly a year after Amazon backed away from a plan...

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Website Builder Wix Gets Meatpacking District Offices
News 1 month ago
Website Builder Wix Gets Meatpacking District Offices

Web design firm Wix has nailed down space across from the Whitney Museum in the Meatpacking District. The website builder has leased 15,784 square...

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Penzance Acquires Luxury Apartment Community in Dulles Technology Corridor
News 1 month ago
Penzance Acquires Luxury Apartment Community in Dulles Technology Corridor

Penzance has acquired The Mark, a 169-unit, luxury mixed-use apartment community in Herndon, Va., from Bet Investments, according to the buyer. The...

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These Are the Best Stories of the Year in Los Angeles
News 1 month ago
These Are the Best Stories of the Year in Los Angeles

The real estate landscape in Southern California continued to expand and evolve this year with major pre-lease agreements for unbuilt office space,...

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Berkadia's Charles Foschini on the Florida CRE Market
News 1 month ago
Berkadia's Charles Foschini on the Florida CRE Market

Berkadia's active presence in Florida's CRE debt scene owes no small part to Charles Foschini, who co-heads its originations in the state from the...

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The GSA Offers Up an Industrial Parcel in Sunset Park
News 1 month ago
The GSA Offers Up an Industrial Parcel in Sunset Park

The federal government has put a Brooklyn lot and warehouse up for sale in a buzzing portion of the Sunset Park waterfront. Is surrounded by...

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Domino Sugar Development Nabs First Office Tenant with Shampoo Maker
News 1 month ago
Domino Sugar Development Nabs First Office Tenant with Shampoo Maker

The office portion of the redevelopment of the former Domino Sugar Factory in Williamsburg, Brooklyn scored its first tenant, with custom shampoo...

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El Segundo Grew into LA’s Premiere Office Market
News 1 month ago
El Segundo Grew into LA’s Premiere Office Market

The small city of El Segundo, separate from the Silicon Beach phenomenon, has on its own become one of the most sought-after locations in Los...

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LA Development
News 1 month ago
LA Development

Los Angeles has long been a battleground for the most prolific planning and land use issues in California, where developers and landlords struggle...

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Redcar Properties Nabs Business Park in Culver City for $74M
News 1 month ago
Redcar Properties Nabs Business Park in Culver City for $74M

Redcar Properties is the new owner of the Westside Jefferson Business Park in Culver City on Los Angeles' Westside, where it plans to expand the...

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National Chain Closures in NYC Hit 12-Year High
News 1 month ago
National Chain Closures in NYC Hit 12-Year High

Major retailers have been disappearing from New York City for a while. But this year saw a 3.7 percent decline in the number of chain stores in the...

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Kaufman, AXA Land $76M Loan for 40 West 25th Street Acquisition
News 2 months ago
Kaufman, AXA Land $76M Loan for 40 West 25th Street Acquisition

Kaufman Organization and AXA Financial have locked down $76 million in acquisition financing for their purchase of 40 West 25th Street in the...

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Deutsche Bank Provides $130M Refi on Fort Lauderdale Resort Property
News 2 months ago
Deutsche Bank Provides $130M Refi on Fort Lauderdale Resort Property

A joint venture between The Carlyle Group and InSite Group have nabbed $130 million in debt from Deutsche Bank to refinance the B Ocean Resort in...

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FirstService’s Dan Wurtzel and Marc Kotler on Supertalls & Rent Reg
News 2 months ago
FirstService’s Dan Wurtzel and Marc Kotler on Supertalls & Rent Reg

New York's luxury residential market is having a moment right now. The entire market is in transition in the wake of the rent regulation laws that...

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Best Buy to Open New Flagship on Fifth Avenue
News 2 months ago
Best Buy to Open New Flagship on Fifth Avenue

Best Buy is trading one Fifth Avenue corner for another. The electronics chain is moving its Midtown store to Moinian Group's 535 Fifth Avenue,...

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Amazon Takes Aim at Fashion With Holiday Catalogue
News 2 months ago
Amazon Takes Aim at Fashion With Holiday Catalogue

Flipping through the pages of artfully arranged jewelry and warm winter coats, a casual shopper might mistake the offerings as those from, say, a...

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Hall Structured Finance Lends $80M on Austin Luxe Hotel Project
News 2 months ago
Hall Structured Finance Lends $80M on Austin Luxe Hotel Project

Leading nonbank construction lender Hall Structured Finance (HSF) has agreed to provide $80 million to developers Sardis Developments and C12...

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DC’s Hoffman Appoints Mark Dorigan as CEO
News 2 months ago
DC’s Hoffman Appoints Mark Dorigan as CEO

Hoffman & Associates, the Washington, D. C.-based co-developer of The Wharf, has announced that Mark Dorigan will be stepping into the role of CEO,...

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Lyric Opens Flex Apartments in DC’s Liz
News 2 months ago
Lyric Opens Flex Apartments in DC’s Liz

Lyric, which operates flex apartments in city centers across the country, is opening 11 creative suites at Liz, a seven-story, luxury mixed-use...

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Retail’s Punishing Decade
News 2 months ago
Retail’s Punishing Decade

If you wanted to sum up the story of retail in the 2010s, you could do worse than examine the case of Ralph Lauren. When the luxe clothing retailer...

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Ten Years of NYC's Construction Boom, Plus Fatalities and Corruption
News 2 months ago
Ten Years of NYC's Construction Boom, Plus Fatalities and Corruption

The last decade has been a banner one for New York City construction. The five boroughs have rebounded from the recession and two major hurricanes...

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Commercial Observer's Picks
News 2 months ago
Commercial Observer's Picks

Hudson YardsTwenty-eight acres. Eighteen million square feet. Seven years of construction. A seven-level shopping and dining center. An Equinox...

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Bigger, Faster, Younger
News 2 months ago
Bigger, Faster, Younger

When the decade dawned, there were 920 football fields of available office space in Manhattan's office market, according to a worried New York...

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Open Shop Construction Group Touts Record Job Placement Numbers
News 2 months ago
Open Shop Construction Group Touts Record Job Placement Numbers

Building Skills New York, a group that specializes in connecting low-income New Yorkers with jobs on open-shop construction sites, announced today...

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A Roller Coaster Decade for Real Estate
News 2 months ago
A Roller Coaster Decade for Real Estate

Eleven years ago, when I was a reporter at the New York Post and Lehman Brothers collapsed, I began calling the residential real estate brokers and...

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Cannabis REIT GreenAcreage Closes Sector's Largest Sale-Leaseback Deal
News 2 months ago
Cannabis REIT GreenAcreage Closes Sector's Largest Sale-Leaseback Deal

Recently formed cannabis-focused, net-lease real estate investment trust, GreenAcreage Real Estate Corp., has acquired the largest cannabis...

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Trio Lends $2B on Blackstone, Centerbridge Great Wolf Lodge Portfolio
News 2 months ago
Trio Lends $2B on Blackstone, Centerbridge Great Wolf Lodge Portfolio

Blackstone and Centerbridge Partners have nailed down close to $2 billion in CMBS financing from J. P. Morgan Chase, Deutsche Bank and Bank of...

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Successful Approaches to a Difficult Market
News 2 months ago
Successful Approaches to a Difficult Market

For some brokers, a rapidly fluctuating market is a source of anxiety. For Morris Betesh, senior managing director of Meridian Capital Group, and...

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