Manhattan
Two 101 Park Ave. Tenants Ink Full-Floor Lease Expansions
H.J. Kalikow & Co. and Cushman & Wakefield announced that two full-floor lease expansions have been signed at 101 Park Ave., a 1.3-million-square-foot… Read more
Manhattan Skyline Signs Orthodontics Practice on Upper West Side
Manhattan Skyline Management Corp. signed a long-term lease with Inspire Orthodontics at 424 W. End Ave. on Manhattan’s Upper West Side. Situated within Manhattan Skyline’s… Read more
Alexander’s Refis $400M Loan for 731 Lexington Office Condo
Alexander’s, Inc. has completed a $400-million refinancing of the office condominium portion of 731 Lexington Ave., the Class A Bloomberg… Read more
Marx Realty Adds Tenants at 10 Grand Central via Pre-Built Spaces
Marx Realty signed Hillcrest Finance and Peel Hunt to new leases at 10 Grand Central in Midtown Manhattan. Real estate investment management firm Hillcrest Finance has signed a… Read more
Meridian Arranges $66M Acquisition Loan for Portfolio in Brooklyn, Upper Manhattan
Meridian Capital Group arranged $66 million in acquisition financing for a 14-building, 726-unit multifamily portfolio across Brooklyn and Upper Manhattan.… Read more
Bridge Loan Enables Refi of Lexington Avenue Lots
ERG Commercial Real Estate brokered a $7.5-million bridge loan to allow the borrower, Skyland Management, to refinance existing debt on three adjoining vacant Manhattan… Read more
Longacre JV Acquires 24 NYC Multifamily Buildings for $180M
Longacre Asset Management, a joint venture between Peter Hungerford’s PH Realty Capital and David Kaye and Joe Listhaus’s Rockledge, closed on… Read more
Colliers Arranges Financing on Midtown Office-to-Storage Project
Colliers has arranged $50.2 million of construction financing and $17.3 million of limited-partner equity for the redevelopment of 152 W. 36th St.… Read more
Private Equity Firm’s Relocation Brings 10 Bryant to 100% Leased
Private equity firm 17Capital will relocate from One Vanderbilt to occupy a full floor at 10 Bryant, a Midtown Manhattan… Read more
MMCC Arranges Refi on North Attleboro CVS
Marcus & Millichap Capital Corporation (MMCC) arranged $5,414,500 for the refinancing of a North Attleboro, MA retail property tenanted by… Read more
Marcus & Millichap Closes Sunset Park Portfolio Sale
Marcus & Millichap closed the sale of a 124-unit multifamily portfolio in Brooklyn’s Sunset Park neighborhood for $20 million. John… Read more
Waterton Closes $1.7B Multifamily Value Add Real Estate Fund
Chicago-based Waterton announced the final close of Waterton Residential Property Venture XV, L.P. with $1.73 billion of equity commitments from… Read more
Marcus & Millichap Closes Sale of Adjacent Office and Industrial in Queens
Marcus & Millichap closed the sale of adjacent industrial and office properties in Long Island City, Queens, for $8.5 million. Jakub… Read more
Durst Organization Unveils Renderings for Next Phase of Halletts Point
The Durst Organization has unveiled new renderings of 20 and 30 Halletts Point, the second major phase of the Halletts Point development in Queens’ Astoria neighborhood,… Read more
Northwind Arranges $63M Construction Loan for Gramercy Condos
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, provided a $63-million senior secured construction loan for… Read more
Manhattan Office Leasing Keeps Pace with Historical Average
Manhattan office leasing volume for August was down by nearly one-third from July but up 3.5% year-over-year and in line… Read more
CMBS Distress Rate Rises 32 BPs in August
Kroll Bond Rating Agency said the delinquency rate among KBRA-rated U.S. CMBS in August declined marginally to 4.98%, down 11… Read more
Inwood Mixed-Use Development Secures 75K SF of Leases
Newmark arranged 75,000 square feet of leases at mixed-use development 4650 Broadway, scheduled for delivery later this year in Manhattan’s… Read more