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NYC Ferry Service Sees Temporary Cuts, Permanent Changes
News 2 weeks ago
NYC Ferry Service Sees Temporary Cuts, Permanent Changes
Source Connect Media

Service modifications on NYC Ferry service went into effect Monday, including modifications enacted in response to the COVID-19 crisis along with...

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JLL Arranges $182M Refi on Dallas-Area Apartments
News 2 weeks ago
JLL Arranges $182M Refi on Dallas-Area Apartments
Source Connect Media

JLL Capital Markets arranged a $181.54-million refinancing of four apartment communities totaling 1,489 units located in the Dallas area. A team of...

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Sterling Bay Sees Strong Downtown Leasing Momentum
News 2 weeks ago
Sterling Bay Sees Strong Downtown Leasing Momentum
Source Connect Media

Pandemic or no pandemic, Sterling Bay reported strong Downtown Chicago leasing activity over the past 30 days. The owner-developer executed seven...

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Cold-Storage BTS Lands $20M Refi
News 2 weeks ago
Cold-Storage BTS Lands $20M Refi
Source Connect Media

JLL Capital Markets arranged a $20-million refinancing for 735 Dowd Ave., a 175,000-square-foot cold-storage facility near Port Newark-Elizabeth in...

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Greystone Arranges DUS Debt on Ridgewood Apartments
News 2 weeks ago
Greystone Arranges DUS Debt on Ridgewood Apartments
Source Connect Media

Greystone provided $30,865,000 in Fannie Mae Delegated Underwriting and Servicing (DUS) loans to refinance a pair of multifamily properties in...

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Design Workshop Moves to New Office in Raleigh
News 2 weeks ago
Design Workshop Moves to New Office in Raleigh
Source Connect Media

International landscape architecture, planning and urban design firm Design Workshop has moved into a permanent office in Raleigh. Previously, the...

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Berkadia Arranges $138M Refinancing for Florida and Georgia MF Portfolio
News 2 weeks ago
Berkadia Arranges $138M Refinancing for Florida and Georgia MF Portfolio
Source Connect Media

Berkadia has arranged a $138 million equity recapitalization for a 1,217-unit multifamily portfolio in Florida and Georgia. The portfolio is...

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California Reopening Rules Eased for 53 Counties
News 2 weeks ago
California Reopening Rules Eased for 53 Counties
Source Connect Media

California Governor Gavin Newsom relaxed rules that have kept the state under tight stay-home orders, a change that could open up most counties....

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Banner Claims Space at Scottsdale’s SkySong
News 2 weeks ago
Banner Claims Space at Scottsdale’s SkySong
Source Connect Media

Banner Innovation Group leased 8,300 square feet at SkySong 2, a 150,000-square-foot Class A office property in Scottsdale. The department within...

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Zoom Expanding in Phoenix to Meet COVID-19 Demand
News 2 weeks ago
Zoom Expanding in Phoenix to Meet COVID-19 Demand
Source Connect Media

San Jose, CA-based Zoom Video Communications Inc. plans to open a new research and development center in Phoenix. The videoconferencing software...

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Ryan Unveils Plans for Former Farmers Insurance Building on Mercer Island
News 2 weeks ago
Ryan Unveils Plans for Former Farmers Insurance Building on Mercer Island
Source Connect Media

Minneapolis-based Ryan Companies unveiled details surrounding its renovation plans for the former Farmers Insurance property situated across from...

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CenterPoint Selects CBRE for Massive Ontario Industrial Facility Leasing Assignment
News 2 weeks ago
CenterPoint Selects CBRE for Massive Ontario Industrial Facility Leasing Assignment
Source Connect Media

Oak Brook, IL-based CenterPoint Properties tapped a team from CBRE to handle a 1.63 million square-foot industrial facility leasing assignment in...

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St. Joe’s Hospital Divests Santa Ana Facility for $38M
News 2 weeks ago
St. Joe’s Hospital Divests Santa Ana Facility for $38M
Source Connect Media

Irvine, CA-based IRA Capital acquired a medical office building in Santa Ana, CA from St. Joseph Hospital of Orange and affiliated entities for $38...

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Downtown San Diego Albertsons Sells to 1031 Apartment Trade Buyer for $22M
News 2 weeks ago
Downtown San Diego Albertsons Sells to 1031 Apartment Trade Buyer for $22M
Source Connect Media

An Albertsons grocery store in downtown San Diego has traded hands to an unnamed SoCal private investor, exchanging from a large multifamily...

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Crown Expands U.S. Development Team in Los Angeles
News 2 weeks ago
Crown Expands U.S. Development Team in Los Angeles
Source Connect Media

Australian residential developer Crown Group expanded its leadership team in Los Angeles with the addition of Patrick Caruso as Head of U.S....

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Lee & Associates Vancouver Expands Business Brokerage, Adds John-Erik Grain
News 2 weeks ago
Lee & Associates Vancouver Expands Business Brokerage, Adds John-Erik Grain
Source Connect Media

The Vancouver, BC office of Lee & Associates expanded its team with the addition of John-Erik Grain. The move is expected to grow the firm’s...

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Merritt Properties Acquires Two Maryland Office Buildings
News 2 weeks ago
Merritt Properties Acquires Two Maryland Office Buildings
Source Connect Media

Merritt Properties has acquired Lyndwood Executive Center, a two-building, 98% leased, office complex in Howard County, MD. The sales price and...

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Berkadia Secures $9M Construction Loan for Luxury Loft Project in FATVillage
News 2 weeks ago
Berkadia Secures $9M Construction Loan for Luxury Loft Project in FATVillage
Source Connect Media

Berkadia has secured a $9.1 million loan for the construction of The Forge, a new, 7-story luxury loft building in Fort Lauderdale’s FATVillage,...

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CBRE Brokers $7M Sale of Tampa MF Property
News 2 weeks ago
CBRE Brokers $7M Sale of Tampa MF Property
Source Connect Media

CBRE has arranged the $6.5 million sale of The Place Apartments at Davis Islands, a 40-unit multifamily property in Tampa. Michael Regan, Francesco...

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GSA Aims to Lease 126K-SF in Suburban Maryland
News 2 weeks ago
GSA Aims to Lease 126K-SF in Suburban Maryland
Source Connect Media

A federal agency may be looking to relocate from Downtown Bethesda to another office building in suburban Maryland. On May 14, the U.S. General...

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NMHC Rent Payment Tracker Finds 88% of Households Paid May Rent
News 2 weeks ago
NMHC Rent Payment Tracker Finds 88% of Households Paid May Rent
Source Connect Media

The National Multifamily Housing Council’s Rent Payment Tracker found that 87.7% of households made a full or partial rent payment by May 13 in its...

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Microsoft Corp. to Open New Office in Atlanta
News 2 weeks ago
Microsoft Corp. to Open New Office in Atlanta
Source Connect Media

Microsoft Corp. has announced plans to open a new office in the 523,000-square-foot Atlantic Yards office project in Midtown’s Atlantic Station....

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Pizzuti Partners with Capital U. on Third Phase of Columbus MXU
News 2 weeks ago
Pizzuti Partners with Capital U. on Third Phase of Columbus MXU
Source Connect Media

The Pizzuti Companies and Capital University formed a joint venture to redevelop an existing surface parking lot in Columbus’ burgeoning Discovery...

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Well Building Institute Launches Ratings for Facilities Ops
News 2 weeks ago
Well Building Institute Launches Ratings for Facilities Ops
Source Connect Media

The International WELL Building Institute (IWBI) has launched the WELL Health-Safety Rating for Facility Operations and Management, a third-party...

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Thor Equities Trades Mondelez’s Chicago HQ to Deka
News 2 weeks ago
Thor Equities Trades Mondelez’s Chicago HQ to Deka
Source Connect Media

Developer Thor Equities Group has sold 905 W. Fulton Market in an off-market transaction to Deka Immobilien. Crain’s Chicago Business reported that...

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NMHC Says Renters Continue Meeting Their Obligations
News 2 weeks ago
NMHC Says Renters Continue Meeting Their Obligations
Source Connect Media

The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 87.7% of apartment households made a full or partial rent payment by...

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Industrious, Thor Equities Partner at Midtown Offices
News 2 weeks ago
Industrious, Thor Equities Partner at Midtown Offices
Source Connect Media

Thor Equities Group is partnering with shared workspace provider Industrious to operate three full floors of shared office space at 25 W. 39th St.,...

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Marcus & Millichap Closes Two-Tenant Retail Sale in Lockport
News 2 weeks ago
Marcus & Millichap Closes Two-Tenant Retail Sale in Lockport
Source Connect Media

Marcus & Millichap recently closed the sale of Arbys & Bank of America Grocery Shadow Anchor, a 3,670-square foot, two-tenant retail property in...

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JLL Tapped for Equity Raise on BRP’s Archer Towers
News 2 weeks ago
JLL Tapped for Equity Raise on BRP’s Archer Towers
Source Connect Media

JLL Capital Markets was selected by BRP Companies to arrange joint venture equity financing for the construction of the $286-million Archer Towers...

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Casa Builders Begins Construction on Senior Living Facility in Shrewsbury
News 2 weeks ago
Casa Builders Begins Construction on Senior Living Facility in Shrewsbury
Source Connect Media

Casa Builders and Developers has begun construction on Wyman Farms, a 26-unit senior living community in Shrewsbury. The community will feature 13...

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