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Law Firm’s Multi-Floor Lease Brings Rudin Tower Occupancy Near 100%
News 2 weeks ago
Law Firm’s Multi-Floor Lease Brings Rudin Tower Occupancy Near 100%

Law firm Davis & Gilbert has signed a 15-year, 86,000 square-foot lease at the Rudin Family’s 1675 Broadway office tower in Midtown. The firm,...

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Trepp: CMBS Delinquency Rate Sets New Post-Crisis Low in August
News 2 weeks ago
Trepp: CMBS Delinquency Rate Sets New Post-Crisis Low in August

The Trepp CMBS Delinquency Rate fell again in August, setting another new post-crisis low in the process. The August reading sits at 2.54%, which...

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ACR Acquires 199K-SF Shopping Center in Virginia
News 2 weeks ago
ACR Acquires 199K-SF Shopping Center in Virginia

American Commercial Realty Corp. has acquired Chesapeake Commons, a 198,741-square-foot shopping center in Chesapeake, VA. The sales price and...

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Repositioned Chelsea Offices Trade to MC Real Estate
News 2 weeks ago
Repositioned Chelsea Offices Trade to MC Real Estate

MC Real Estate Partners LLC (MCRE) and a private investor have acquired 155 W. 23rd St. in Chelsea from The Kaufman Organization and Goldman Sachs...

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Sunset Development Proposes 4,500 Homes at San Ramon’s Bishop Ranch
News 2 weeks ago
Sunset Development Proposes 4,500 Homes at San Ramon’s Bishop Ranch

Sunset Development Company plans to build 4,500 multifamily homes at its 585-acre Bishop Ranch mixed-use business community in San Ramon. The...

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Thor Equities Returns to Roots with Logistics Platform
News 2 weeks ago
Thor Equities Returns to Roots with Logistics Platform

Thor Equities has launched ThorLogis, a division specializing in the logistics sector. The launch coincides with the acquisition of an industrial...

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Former ValleyCrest HQ Facility in Calabasas Sold
News 2 weeks ago
Former ValleyCrest HQ Facility in Calabasas Sold

The Calabasas, CA headquarters facility of ValleyCrest Landscape Companies sold for $24 million or roughly $314-per-square-foot, which is believed...

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Goldie Initiative Fields Largest Scholarship Class to Date
News 2 weeks ago
Goldie Initiative Fields Largest Scholarship Class to Date

The Goldie Initiative’s 2019-2020 class of Goldie Scholars is the organization’s largest ever, totaling 12 schools and 23 scholars, including 10...

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Wolf Point East Team Tops Out Construction
News 2 weeks ago
Wolf Point East Team Tops Out Construction

The development team of Hines, the Kennedy family’s Wolf Point Owners LLC, and the AFL-CIO Building Investment Trust has topped off construction on...

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GUEST COMMENTARY: NYC’s New Tenant Laws May Ultimately Only Benefit Wealthy Renters
News 2 weeks ago
GUEST COMMENTARY: NYC’s New Tenant Laws May Ultimately Only Benefit Wealthy Renters

By Maria Belen Avellaneda The recently-passed Housing Stability and Tenant Protection Act of 2019 has become the subject of an intense amount of...

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ML Realty Adds Properties in Central DuPage, I-55 Submarkets
News 2 weeks ago
ML Realty Adds Properties in Central DuPage, I-55 Submarkets

ML Realty Partners acquired two single-tenant buildings at 1565 Hunter Rd. in Hanover Park and 7100 S. Madison St. in Willowbrook, IL. These fully...

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RAIT Financial Seeks Ch. 11 Protection
News 2 weeks ago
RAIT Financial Seeks Ch. 11 Protection

Philadelphia-based RAIT Financial Trust has filed for Chapter 11 protection at U.S. Bankruptcy Court in Delaware. The mortgage REIT has also agreed...

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Cornerstone Realty Secures $4M Acquisition Loan for Waltham Apartment Property
News 2 weeks ago
Cornerstone Realty Secures $4M Acquisition Loan for Waltham Apartment Property

Cornerstone Realty Capital has arranged a $3.8 million acquisition loan for Lawton Place, a 12-unit townhouse-style apartment building in Waltham....

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Dräger Medical Systems Signs 128K-SF Lease Renewal in Andover
News 2 weeks ago
Dräger Medical Systems Signs 128K-SF Lease Renewal in Andover

International MedTech company Dräger Medical Systems has signed a 128,000-square-foot lease renewal for its North American headquarters at 6 Tech...

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Initial Deliveries Unveiled at SummerHill's $950M Santa Clara MXU
News 2 weeks ago
Initial Deliveries Unveiled at SummerHill's $950M Santa Clara MXU

Connect Direct-to-Consumer is coming up this month at San Jose’s Santana Row. Get more information and register for the September 26th event on...

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Political Risks Cloud Horizon for Chicago Multifamily Sales
News 2 weeks ago
Political Risks Cloud Horizon for Chicago Multifamily Sales

The multifamily investment sales market in Chicago has a great deal going for it, ranging from surging renter demand to the positive cap rate...

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DEP Will Add 5,000 Rain Gardens to City Sidewalks
News 2 weeks ago
DEP Will Add 5,000 Rain Gardens to City Sidewalks

The city’s Department of Environmental Protection has begun construction of more than 5,000 specially-designed curbside rain gardens in Brooklyn,...

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Publix-Anchored Shopping Center in Boca Raton Trades for $16M
News 2 weeks ago
Publix-Anchored Shopping Center in Boca Raton Trades for $16M

Avison Young brokered the $16-million sale of West Boca Plaza, a 70,524-square-foot Publix-anchored shopping center in Boca Raton. David Duckworth,...

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SVN Chicago Brokers Sale of NW Side’s Boolookas Building
News 2 weeks ago
SVN Chicago Brokers Sale of NW Side’s Boolookas Building

A 14-unit, 19,075-square-foot, mixed-use building at 5601 W. Belmont Ave. on Chicago’s Northwest Side sold at an 8.5% cap rate for $2.4 million....

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RFP Seeks Construction Manager for JFK Redevelopment
News 2 weeks ago
RFP Seeks Construction Manager for JFK Redevelopment

The Port Authority of New York and New Jersey has issued a request for proposals, soliciting bids for the job of construction manager during the...

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SRS Arranges $4M Sale of Retail Property in Brooksville
News 2 weeks ago
SRS Arranges $4M Sale of Retail Property in Brooksville

SRS Real Estate Partners arranged the $3.7-million sale of an 8,650-square-foot retail property in Brooksville. Located at 12320 and 12332 Cortez...

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New York Investor Snags San Bernardino MF for $37M
News 2 weeks ago
New York Investor Snags San Bernardino MF for $37M

New York-based Dalan Management acquired The Vue Apartment Homes in San Bernardino, CA for $37.4 million. The 197-unit multifamily community was...

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CBRE Hires Goodwin as Director in Nashville
News 2 weeks ago
CBRE Hires Goodwin as Director in Nashville

Elizabeth Goodwin CBRE has hired Elizabeth Goodwin as Director, Project Management in Nashville. Goodwin will lead the firm’s local project...

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Texas Indicators: Continued Economic Health
News 2 weeks ago
Texas Indicators: Continued Economic Health

Thanks to a “robust” July 2019 job growth and steady unemployment growth, Texas’ economic indicators remain strong. According to data released by...

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Construction Financing Secured for Hillcrest Multifamily Development
News 2 weeks ago
Construction Financing Secured for Hillcrest Multifamily Development

JLL arranged $14.25 million in financing for the development of Arbor Terrace, a five-story, 50-unit multi-housing project located in San Diego’s...

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NKF Handling Las Vegas Strip Sale for Passco
News 2 weeks ago
NKF Handling Las Vegas Strip Sale for Passco

Silver City Plaza, a 100%-leased retail center at the epicenter of more than $10 billion of development activity on the Las Vegas Strip, has been...

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Windmill Investments Taps JLL to Manage, Lease San Antonio Portfolio
News 2 weeks ago
Windmill Investments Taps JLL to Manage, Lease San Antonio Portfolio

Windmill Investments hired JLL for assistance with lease-up, property management and project development services of a recently-acquired, 523,000...

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ClearWorth Capital Snags Palm on South Padre
News 2 weeks ago
ClearWorth Capital Snags Palm on South Padre

ClearWorth Capital LLC closed on the acquisition of The Palm on South Padre, a 299-unit multifamily asset in Corpus Christi, TX. The Houston buyer...

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Construction Begins on Colorado Opportunity Zone MOB
News 2 weeks ago
Construction Begins on Colorado Opportunity Zone MOB

CC 2.5 Associates LLC of Greenwood, CO, began construction on the Synergy Medical Office Building, a 102,000-square-foot medical office building in...

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Verco Makes 2 White Plains MF Buys
News 2 weeks ago
Verco Makes 2 White Plains MF Buys

Verco Properties recently acquired two White Plains apartment communities developed by Lighthouse Living company. The developments are The Reed at...

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