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Cardone Capital Grabs $94M Debt Deal for Florida Resi Acquisition
News 2 months ago
Cardone Capital Grabs $94M Debt Deal for Florida Resi Acquisition

Florida developer Grant Cardone has sealed $93.5 million in financing to fund the acquisition of an apartment complex near Fort Lauderdale, Fla.,...

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Ladder Capital Exec Lands at Bethesda-based Phillips Realty
News 2 months ago
Ladder Capital Exec Lands at Bethesda-based Phillips Realty

Mortgage banking firm Phillips Realty Capital has hired Malcolm Shaw, a former director at New York-based Ladder Capital Corp., as a managing...

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Williamsburg Hotel Nears $76M Refi to Cure Loan Default
News 2 months ago
Williamsburg Hotel Nears $76M Refi to Cure Loan Default

The owners of the Williamsburg Hotel in Brooklyn are lining up a $76 million refinancing from CREMAC Commercial Finance, sources close to the deal...

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Insomniac Games Expands Burbank HQ at Media Studios Campus
News 2 months ago
Insomniac Games Expands Burbank HQ at Media Studios Campus

Insomniac Games has extended their lease at their Burbank headquarters and added an additional 11,437 square feet of space, Commercial Observer has...

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City Employee Union DC 37 Lands Interim Office in Financial District
News 2 months ago
City Employee Union DC 37 Lands Interim Office in Financial District

District Council 37, New York City's largest public employee union, is relocating its offices to 130,000 square feet at 55 Water Street in the...

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JLL Closes on $1.8B Acquisition of HFF, Creating Brokerage Powerhouse
News 2 months ago
JLL Closes on $1.8B Acquisition of HFF, Creating Brokerage Powerhouse

JLL has completed its roughly $1.8 billion acquisition of capital markets advisory firm HFF, JLL announced yesterday. The deal closed yesterday...

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WeWork Expands Lease to 154K SF in Tysons, Va. Office
News 2 months ago
WeWork Expands Lease to 154K SF in Tysons, Va. Office

WeWork is expanding its lease by more than 61,000 square feet at 1775 Tysons Boulevard in Northern Va. The coworking giant will increase its...

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Centennial, TPG Lend $167M for Development of Napa Valley Ranch
News 2 months ago
Centennial, TPG Lend $167M for Development of Napa Valley Ranch

The Nichols Partnership has landed a $167 million floating-rate construction loan for the development of Stanly Ranch, a 500,000-square-foot...

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PGIM Lends $450M on Massive Sun Belt Industrial Portfolio
News 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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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