Manhattan
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
Related May Step in to Complete Downtown Brooklyn Mega-Project
A rescue plan is in the works for the often-delayed, half-completed Pacific Park mega-project in Downtown Brooklyn, reported the Wall… Read more
JV Closes on $210M Refi for Transitional and Affordable Housing
A joint venture of Slate Property Group and Fundamental Advisors has closed on a $210-million refinancing for the JV’s Transitional and… Read more
Investment Firm’s Relocation Brings Zero Irving to Full Occupancy
JLL completed the lease-up of Zero Irving, a newly developed mixed-use building at 124 E. 14th St. in Manhattan’s Union… Read more
Northwind Provides $75M Senior Mortgage for Pfizer Headquarters Conversion
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, announced provided a $75-million senior mortgage acquisition predevelopment… Read more
Newmark Secures $985M for Two-Tower West Village Residential Project
Newmark Group arranged a $985-million loan on behalf of Zeckendorf Development, Atlas Capital Group and The Baupost Group LLC to fund construction… Read more