Long Island
Nuveen Buys Omni Holding Company’s Real Estate Portfolio
Nuveen, the asset management arm of TIAA, is acquiring a portfolio of affordable housing assets from Omni Holding Company. The… Read more
JV of Venture One, DRA Recapitalizes Industrial Portfolio for Nearly $369M
Rosemont, IL-based Venture One Real Estate has formed a joint venture with New York City-based DRA Advisors to take over… Read more
Equinor, bp Team to Repurpose Astoria Gas Turbines Site for Renewable Energy
Equinor and bp announced two major initiatives focused on the Astoria neighborhood of Queens: the purchase of the Astoria Gas… Read more
ERG Delivers Cash-Out Refi of Bushwick Retail
ERG Commercial Real Estate, a Long Island based commercial real estate firm, delivered a $5-million cash-out refinance loan to the… Read more
NineDot Energy Closes on $85M Construction Loan
NineDot Energy, a leading developer of community-scale clean energy projects backed by the global investment firm Carlyle, has closed a… Read more
Large-Scale Calverton Corporate Tech Park Advances Through Approvals Process
The application by Triple Five’s Calverton Aviation & Technology (CAT) to transfer the former Calverton flight test center property on… Read more
CLK Spends $16M to Acquire Fourth Apartment Community in Mobile
Long Island, NY-based CLK has acquired a 201-unit multifamily development of 20 buildings in Mobile, AL for $15.8 million ($78,600… Read more
RIPCO Taps Jack Chera as Executive Managing Director
RIPCO Real Estate has hired Jack Chera as executive managing director for the firm’s Long Island and New York City markets.… Read more
OC Firm Spends $42M for Retail Property in Chino
Santa Ana-based Red Mountain Retail Group has acquired a 168,000-square-foot shopping center in the Inland Empire for $42 million or… Read more
Avison Young’s Foster and Wilson Broker Sale of Multi-State Industrial Portfolio
Avison Young has negotiated the sale of a national logistics portfolio across several states in the Midwest, South and Northeast… Read more
RIPCO Hires Borough Veteran as Managing Director for Queens
RIPCO Real Estate has hired Michelle Abramov as managing director for the Queens market. Abramov will focus on landlord and tenant… Read more
JV Aims to Acquire Single-Tenant Industrial Properties between Boston and Baltimore
A newly formed joint venture between Pacer Partners (Boston and New York City) and Drake Real Estate Partners (New York… Read more
Avison Young Brings in Dorothy Alpert as Tri-State President
Dorothy L. Alpert is joining Avison Young as its new Tri-State president and principal, with Arthur Mirante transitioning to the role of… Read more
Streaming Content Boosts Demand for NYC Film Studio Space
As demand for streaming video content has reached new highs, so has the need for high-quality film studio space, according to a… Read more
NAI Global’s Jay Olshonsky on the Coming Distress Wave: “You Need to Develop a Realistic Plan”
By Paul Bubny NAI Global president & CEO Jay Olshonsky sees the makings of another wave of distress in the… Read more
Lidl to Open First Queens Location
As part of an East Coast expansion that will see it open 50 new stores by the end of 2021,… Read more
NYC Leads for Producing New Tech Talent
The nation’s second-largest tech labor market in the country behind the San Francisco Bay Area, New York City is also… Read more
Colliers Names Two to Market Leader Roles
Jason Lund, most recently with WeWork, has joined Colliers International as executive managing director, New York City market leader. Additionally,… Read more
Welltower Makes $787M Deal for MOB Portfolio
Welltower will acquire a 29-property Class-A medical office building portfolio from Hammes Partners for $787 million. It follows a December 2018… Read more