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RXR Gets $226M Goldman Sachs Loan for LIU Project in Brooklyn
News 1 month ago
RXR Gets $226M Goldman Sachs Loan for LIU Project in Brooklyn

Goldman Sachs has handed RXR Realty a $225.6 million financing package for the developer’s building project on the campus of Long Island University...

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All in the (Multi)Family: Q&A With Decron’s David Nagel
News 1 month ago
All in the (Multi)Family: Q&A With Decron’s David Nagel

Decron Properties has been in the business long enough to have seen several up-and-down cycles. And after the 2009 recession, David Nagel, the firm...

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Brown Advisory Signs 125K SF Lease Renewal at Baltimore’s Bond Street Wharf
News 1 month ago
Brown Advisory Signs 125K SF Lease Renewal at Baltimore’s Bond Street Wharf

Investment management firm Brown Advisory has renewed its lease and expanded its space to 125,000 square feet at Bond Street Wharf, a 207,000...

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Cartier’s Parent Company Heads to Timber Office Building in Williamsburg
News 1 month ago
Cartier’s Parent Company Heads to Timber Office Building in Williamsburg

Flank’s unique wooden office building at 320 Wythe Avenue in Williamsburg has gotten its first tenant: Swiss luxury goods company Richemont....

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Hakimian Seals $42M Manhattan Refi From Apple Bank
News 1 month ago
Hakimian Seals $42M Manhattan Refi From Apple Bank

Apple Bank for Savings has found a new chance to lend in its home city, originating a $42.5 million refinancing on a residential rental building...

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Angelenos Can Rent Movies Again, at DTLA’s New Alamo Drafthouse
News 1 month ago
Angelenos Can Rent Movies Again, at DTLA’s New Alamo Drafthouse

Movie theater chain Alamo Drafthouse opened its first Los Angeles cinema in July, and with it, the city’s first post-Blockbuster video rental store...

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NOVO Lands Financing for 115-Unit Apartment Complex Near Amazon HQ2
News 1 month ago
NOVO Lands Financing for 115-Unit Apartment Complex Near Amazon HQ2

NOVO Properties has secured funding to develop a $55 million, 115-unit multifamily building close by Amazon's HQ2 site in Old Town Alexandria, Va.,...

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Marx Realty Gets $140M MetLife Refi on 10 Grand Central Tower
News 1 month ago
Marx Realty Gets $140M MetLife Refi on 10 Grand Central Tower

MetLife has provided Marx Realty with a $140 million loan to refinance its recently repositioned Art Deco office tower, 10 Grand Central, in...

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Providence Hospital Signs Lease at Tarzana Medical Atrium
News 1 month ago
Providence Hospital Signs Lease at Tarzana Medical Atrium

Providence Tarzana Medical Center signed a 10-year lease for 30,000 square feet at the Tarzana Medical Atrium, a new, three-story medical building...

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Hell’s Kitchen Building Gets $43M Refi from AIG
News 1 month ago
Hell’s Kitchen Building Gets $43M Refi from AIG

A Hell’s Kitchen apartment building has pulled in a $43 million mortgage from AIG, according to property records. The seven-story building, known...

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L+M and Invesco Commit to Return 1,800 NYC Apartments to Rent Regulation
News 1 month ago
L+M and Invesco Commit to Return 1,800 NYC Apartments to Rent Regulation

L+M Development Partners and Invesco Real Estate will re-introduce more than 1,800 deregulated Manhattan apartment units back into the market as...

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EDC Hires Cushman to Market Space in Brooklyn Army Terminal
News 1 month ago
EDC Hires Cushman to Market Space in Brooklyn Army Terminal

The New York City Economic Development Corporation has brought in Cushman & Wakefield to lease a large swath of the city-owned Brooklyn Army...

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Harvest Daily Leads Trio of Tenants Signing 62K SF in Tribeca
News 1 month ago
Harvest Daily Leads Trio of Tenants Signing 62K SF in Tribeca

Plant-based meal delivery service Harvest Daily signed 36,477 square feet at 99 Hudson Street, according to landlord Olshan Properties. The firm is...

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Brokerage Avison Young Moving NYC Offices to 530 Fifth Avenue
News 1 month ago
Brokerage Avison Young Moving NYC Offices to 530 Fifth Avenue

Toronto-based brokerage Avison Young inked a deal to move its New York City offices a block away to RXR Realty’s 530 Fifth Avenue, the landlord...

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The Rise of Capitol Riverfront
News 1 month ago
The Rise of Capitol Riverfront

Over the past decade, the Capitol Riverfront has been one of Washington D.C.’s most active development hubs, and experienced the largest boom in...

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Tolis Advisors and Inspired Capital Move Into 809 Broadway
News 1 month ago
Tolis Advisors and Inspired Capital Move Into 809 Broadway

The new asymmetrical building at 809 Broadway near Union Square, formerly the home of pool-table maker Blatt Billiards, is filling up with...

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The Need for Tech Innovation
News 1 month ago
The Need for Tech Innovation

The signs are everywhere. Investment in real estate technology increased 607 percent in Q1 2019 compared to the previous year. Real estate...

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As Multifamily Sales Suffer, Industrial and Commercial Thrives in the Outer Boroughs
News 1 month ago
As Multifamily Sales Suffer, Industrial and Commercial Thrives in the Outer Boroughs

The multifamily investment market may have taken a plunge after the state legislature began discussing rent law reforms in January, but the sales...

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Proptech firm SquareFoot Readying Expansion to D.C.
News 1 month ago
Proptech firm SquareFoot Readying Expansion to D.C.

New York City-based SquareFoot, a startup that streamlines the office leasing process, is plotting a move into the Washington D.C. market as it...

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Swedish Energy Group Moving U.S. Offices to 575 Fifth Avenue
News 1 month ago
Swedish Energy Group Moving U.S. Offices to 575 Fifth Avenue

The United States arm of a Swiss energy group, Axpo, will move its headquarters several blocks away to 575 Fifth Avenue in Midtown, Commercial...

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Citi Contributes $67M Permanent Loan in Brooklyn Resi Refi
News 1 month ago
Citi Contributes $67M Permanent Loan in Brooklyn Resi Refi

Thomas Anderson, the head of a Brooklyn development firm, has picked up a $67 million mortgage from Citigroup for an apartment complex he developed...

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LA’s Ford Factory Loan Lands in CMBS Market
News 1 month ago
LA’s Ford Factory Loan Lands in CMBS Market

The $135 million Bank of America loan for Access Industries’ $193.5 million acquisition of the Ford Factory in Los Angeles’ Arts District just...

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New Orleans Office Towers Get $110M Starwood Refi
News 1 month ago
New Orleans Office Towers Get $110M Starwood Refi

Starwood Property Trust has provided a $109.8 million refinancing mortgage to a mixed-use commercial complex in New Orleans, as per a report from...

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Hotel Indigo Coachella Developers Looking to EB-5 for Construction Debt
News 1 month ago
Hotel Indigo Coachella Developers Looking to EB-5 for Construction Debt

Glenroy Coachella LLC, the development partnership that is constructing the Hotel Indigo Coachella resort near the site of the Coachella Valley...

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Hunt Real Estate CIO James Flynn Talks Multifamily Financing the Fates of the GSEs
News 1 month ago
Hunt Real Estate CIO James Flynn Talks Multifamily Financing the Fates of the GSEs

An investor-turned-lawyer-turned-lender, James Flynn has helped spearhead the expansion and growth of Hunt Real Estate Capital since taking over as...

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Industrious Moves Into Old Pasadena Center
News 1 month ago
Industrious Moves Into Old Pasadena Center

Flexspace provider Industrious has partnered with landlord ShopCore Properties to bring its offering to Pasadena, Commercial Observer has learned....

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Amazon Rumored to be Looking at Industry City for New Logistics Facility
News 1 month ago
Amazon Rumored to be Looking at Industry City for New Logistics Facility

Rumor has it that Amazon is eyeing Industry City as the site of its next logistics facility. Skeptics argue that it could be a ploy to negotiate a...

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Saving America’s Endangered Retail Through Immersive Commerce
News 1 month ago
Saving America’s Endangered Retail Through Immersive Commerce

New York City retail is a tale of two cities. On one hand we have Brookfield Place, Hudson Yards and Empire Outlets, which have the potential to...

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Colony Buys Digital Bridge for $325M, CEO Tom Barrack to Step Down
News 1 month ago
Colony Buys Digital Bridge for $325M, CEO Tom Barrack to Step Down

Investment giant Colony Capital acquired Digital Bridge Holdings for $325 million and its CEO Marc Ganzi will replace Colony’s current CEO, Tom...

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Investment Firm Lead Edge Ditching Chrysler Building for Soho
News 1 month ago
Investment Firm Lead Edge Ditching Chrysler Building for Soho

Lead Edge Capital, a growth equity investment firm, inked a deal to trade its Chrysler Building offices for bigger digs in Soho, Commercial...

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