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3CDC, Model Group ‘welcome’ tax credits for housing project
News 11 hours ago
3CDC, Model Group ‘welcome’ tax credits for housing project

Two developers received state historic tax credits on Wednesday that will allow them to build 190 new apartments in Over-the-Rhine over the next...

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Bronx nursing home lands first HUD-insured loan for $104M
News 11 hours ago
Bronx nursing home lands first HUD-insured loan for $104M

Workmen’s Circle Multicare Center Berkadia announced $104.27 million in financing for Workmen’s Circle Multicare Center, a skilled nursing facility...

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Weehawken's newest luxury rental building hits 60 percent leasing activity
News 11 hours ago
Weehawken's newest luxury rental building hits 60 percent leasing activity

The Maxal Group and Hartz Mountain Industries announced construction is complete and that more than 60 percent of the 236 residences at Harbor 1500...

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SELLING POINTS: A&G Realty Partners and B6 Real Estate Advisors retained to sell College of New Rochelle main campus
News 11 hours ago
SELLING POINTS: A&G Realty Partners and B6 Real Estate Advisors retained to sell College of New Rochelle main campus

● HODGES WARD ELLIOTT Beer scion buys Williamsburg rental The New York office for Hodges Ward Elliott arranged the $61 million sale of Rocket Lofts...

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Shakeup: Data firm Credifi lays off almost a quarter of its employees, president departs
News 11 hours ago
Shakeup: Data firm Credifi lays off almost a quarter of its employees, president departs

Eli Razin Commercial real estate data firm Credifi has laid off almost a quarter of its staff, and its president left last month, according to...

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Jamison signs post-production firm to long-term lease at Studio City office
News 11 hours ago
Jamison signs post-production firm to long-term lease at Studio City office

Jamison Services’ Jamie Lee Jamison Services has a new long-term tenant at its Studio City office property. The post-production and distribution...

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CIT Provides $55 Million to Jumpstart Two Affordable Housing Developments for Homeless Vets and Families
News 11 hours ago
CIT Provides $55 Million to Jumpstart Two Affordable Housing Developments for Homeless Vets and Families

PASADENA, Calif., June 26, 2019 /PRNewswire/ -- CIT Bank, N. A., the banking subsidiary of CIT Group Inc., today announced a total community...

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LSRPA celebrates 10 years of the SRRA
News 11 hours ago
LSRPA celebrates 10 years of the SRRA

More than 80 LSRPs, associate members, and sponsors, dwarfed by massive sculptures in stone and iron, feted the 10th anniversary of the LSRP...

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How much does it cost to renovate a bathroom in Manhattan, vs. Brooklyn or Jersey City?
Blog 11 hours ago
How much does it cost to renovate a bathroom in Manhattan, vs. Brooklyn or Jersey City?

Rent hikes approved for the city's two million rent-stabilized tenants What does it take to get a group of NYC co-op shareholders to sell their...

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Conway Communications opens fourth Dayton-area Verizon store
News 11 hours ago
Conway Communications opens fourth Dayton-area Verizon store

An Indianapolis-based Verizon Wireless retailer is continuing its expansion in the Dayton region. Conway Communications opened its first store in...

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REBNY president steps down
Blog 11 hours ago
REBNY president steps down

The city's most powerful real estate lobbying group announced a change in leadership Wednesday after a legislative session that humbled the once...

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Houlihan-Parnes secures $15 million mortgage on Mt. Pleasant properties
News 11 hours ago
Houlihan-Parnes secures $15 million mortgage on Mt. Pleasant properties

Andrew Greenspan, James J. Houlihan and Bryan Houlihan of Houlihan-Parnes Realtors, LLC and GHP Office Realty have secured placement of a first...

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Seattle’s Ascent Outdoors is reopening in July under new ownership, with focus on diversity
News 11 hours ago
Seattle’s Ascent Outdoors is reopening in July under new ownership, with focus on diversity

Sandeep Nain bought the Ballard Ascent Outdoors and Ascent Cycle stores, he plans to reopen the stores in July. The sudden closure of the two...

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LeaseHawk unveils artificial intelligence leasing assistant
News 11 hours ago
LeaseHawk unveils artificial intelligence leasing assistant
Source AZ Big Media

Scottsdale-based LeaseHawk, a leader in multifamily technology solutions, has expanded its artificial intelligence (AI) platform to include ACE AI,...

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Press Release 11 hours ago
HFF arranges $65.44M in capital for Maryland opportunity zone multi-housing development

WASHINGTON, D.C. – June 26, 2019 –  Holliday Fenoglio Fowler, L.P. (HFF) announces it has arranged construction financing and joint venture equity...

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Rocket Mortgage Classic: Can Players Adjust To Detroit Golf Club?
News 11 hours ago
Rocket Mortgage Classic: Can Players Adjust To Detroit Golf Club?
Source CBS New York

(CBS Detroit/CBS Local) — The Rocket Mortgage Classic debuts this week at Detroit Golf Club. It will be the first of two consecutive PGA Tour...

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Mack antes up $295M to fund development of  Philadelphia condo tower
News 12 hours ago
Mack antes up $295M to fund development of Philadelphia condo tower

Newmark Knight Frank has arranged a $295 million floating-rate loan on behalf of Southern Land Company (SLC), for the construction of the Laurel,...

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Nicholas Markel Joins Cresa as Vice President
News 12 hours ago
Nicholas Markel Joins Cresa as Vice President

June 26, 2019 - Cresa, the world's largest occupier-centric commercial real estate firm, welcomes Nicholas Markel as Vice President. Mr. Markel...

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5 WTC to max out at 900 feet
News 12 hours ago
5 WTC to max out at 900 feet

The last major parcel at the World Trade Center has hit the market. Gov. Andrew Cuomo announced Wednesday that the state is seeking proposals from...

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Fanatics' major presence at MLB All-Star festivities will be headlined by Play Ball Park shop
News 12 hours ago
Fanatics' major presence at MLB All-Star festivities will be headlined by Play Ball Park shop

The Hilton Cleveland Downtown, which is adorned with MLB All-Star signage, will be home to a Fanatics kiosk when the All-Star festivities kick off...

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The doctor will see you soon: developer scores $36M loan for medical office condos
News 12 hours ago
The doctor will see you soon: developer scores $36M loan for medical office condos

UPDATED, June 26, 1:05 p.m.: Rieber Developments closed on a $36 million construction loan for a mixed-use medical office condo and hotel project...

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Cushman & Wakefield reps landlord in large Edens Corridor industrial lease
News 12 hours ago
Cushman & Wakefield reps landlord in large Edens Corridor industrial lease
Source RE Journal

Cushman & Wakefield represented the landlord, New Lincoln LLC, in the long-term lease of 202,259 square feet of an industrial building at 7080 N....

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Edmunds warns of a tough 2019 for US auto industry as sales slide for second time since Great Recession and profits shrink
News 12 hours ago
Edmunds warns of a tough 2019 for US auto industry as sales slide for second time since Great Recession and profits shrink

Retail sales, to consumers, have actually been slipping since mid-decade, according to industry data. "Automakers have been relying on fleet (sales...

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Inside Missouri's first robotic Amazon fulfillment center
News 12 hours ago
Inside Missouri's first robotic Amazon fulfillment center

Hiring for Amazon's (NASDAQ: AMZN) first robotics fulfillment center in Missouri begins Friday, officials said. The e-commerce giant will hire 1...

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InvenTrust Properties Corp. appoints Daniel Busch as CFO
News 12 hours ago
InvenTrust Properties Corp. appoints Daniel Busch as CFO
Source RE Journal

InvenTrust Properties Corp., a Downers Grove, Illinois-based retail REIT, has appointed Daniel J. Busch as executive vice president, CFO and...

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Leasing Your Way to Success
Blog 12 hours ago
Leasing Your Way to Success

Why leasing? Commercial real estate is a multi-faceted business, and has several distinct income streams. There's sales and management, and there...

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Simon Baron Group closes on $240M in  refinance of Long Island City’s ALTA+
News 12 hours ago
Simon Baron Group closes on $240M in refinance of Long Island City’s ALTA+

ALTA+, a 467-unit building at 29-22 Northern Boulevard Affiliates of Simon Baron Development Group LLC have announced a $240 million refinancing of...

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Falling mortgage rates push refi activity to 2019's highest share: MBA
News 12 hours ago
Falling mortgage rates push refi activity to 2019's highest share: MBA

The refinance share of mortgage applications climbed to the highest level since January 2018 as the average 30-year fixed interest rate continued...

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IBcon 2019: The future of FM is digital
Blog 12 hours ago
IBcon 2019: The future of FM is digital

Switch recently sent our largest ever event team to IBcon 2019, real estate’s most comprehensive conference focused on smart buildings. Here are...

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Three Dayton-area properties awarded over $1M in historic tax credits
News 12 hours ago
Three Dayton-area properties awarded over $1M in historic tax credits

Three Dayton-area properties have been awarded a combined $1.08 million in state historic tax credits. Two historic downtown buildings and a...

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