Albany
Return to Lender: Week of Dec. 7, 2023
Coretrust Capital Partners’ Pasarroyo office building, located in Pasadena, CA, is set for a foreclosure auction on Dec. 20, according… Read more
Greyhill Group Buys Altamont MF Property for $23M
Greyhill Group, a New York-based commercial real estate investment company, has purchased Mill Hollow Apartments, an 84-unit multifamily property in… Read more
BOMA NY Claims Half of Regional TOBY Awards
At the Building Owners & Managers Association’s 2022 Middle Atlantic Conference and TOBY (The Outstanding Building of the Year) Awards… Read moreCushWake Arranges 15-Building Industrial Sale Across Three States
Cushman & Wakefield arranged the sale of the Interstate Industrial Portfolio, consisting of 15 buildings spanning 2.57 million square feet across Harrisburg,… Read more
LightBox Acquires BuildingFootprintUSA for Location Intelligence
LightBox has acquired BuildingFootprintUSA, the provider of building and structure boundaries for location analytics. With this acquisition, Irvine-based LightBox will… Read more
Equinor to Build Wind-Turbine Port in South Brooklyn
Equinor was selected to provide New York State with offshore wind power in one of the largest renewable energy procurements… Read more
Cuomo Imposes New Restrictions on COVID Hotspots
New York State is ramping up a crackdown on COVID-19 hotspot “clusters,” with new rules that include closures of schools… Read more
2020 Next Generation Honoree: VTS’ Cassie Vitelli is Creative and Determined
Cassie Vitelli’s colleagues at VTS say she brings a vibrant, creative and determined perspective that has become a critical aspect… Read more
NYC’s Evolving Superregional Industrial Market
The term “megalopolis” has been around for more than a century. In 2020, someone may need to coin a comparable… Read more
Meridian’s Team Doshi Closes Upstate NY Portfolio Sale
Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, recently sold a three-building, 117-unit apartment portfolio in… Read more
Rent Regs Weigh Heavily on NYC Apartment Deals in Q3
The New York City multifamily market experienced across-the-board weakness in the third quarter, as investors took time out to weigh… Read more
NE Portfolio Deal Puts Morgan Properties Among Top 5 Apt. Owners
Morgan Properties completed a portfolio transaction to acquire nearly 15,000 apartments across 80 communities, and has agreed to acquire 3,000… Read more
Meridian Arranges Acquisition Debt on Upstate NY Apts.
Meridian Capital Group arranged $57.2 million in acquisition financing for seven multifamily properties in Rochester, Syracuse and Albany, NY on… Read more
Cuomo Taps Gertler as NY State’s Economic Development Head
Gov. Andrew Cuomo has nominated Eric Gertler to serve as president and CEO of Empire State Development (ESD), New York… Read more
REBNY: Broker Confidence Slips Amid New Rent Regs
The Real Estate Board of New York’s (REBNY) Real Estate Broker Confidence Index for the second quarter was 6.64 out of 10—a decrease… Read more
NYC Investment Sales Reach “Inflection Point”
Second-quarter dollar volume for all Manhattan property sales was $4.8 billion, 10% lower than the trailing four-quarter average, according to… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
REBNY: Broker Confidence Rises in Q1
Residential and commercial brokers alike are feeling more upbeat about the market, according to the Real Estate Board of New… Read more