New York
Davis Cos. Raises Its Largest Fund to Date in Challenging Environment
The Davis Companies said Wednesday it had expanded its capital base by more than $977.1 million amid the real estate fund management industry’s most… Read more
Cushman & Wakefield Arranges Deal for Chicago’s First Padel Location
Cushman & Wakefield has secured a 30,000-square-foot building at 219 N. Paulina St. for Padel Chicago LLC, which will house… Read more
Silverstein Secures Leases with Law Firm, Columbia University in Midtown
Silverstein Properties finalized two new lease signings at 1177 Ave. of the Americas in Midtown Manhattan. Law firm Faegre Drinker Biddle… Read more
Net-Leased Williamsburg Industrial Lands $12M Refi
Loan originator David Brody with Eastern Union arranged $12 million toward the refinancing of a one-story, 35,210-square-foot industrial building in the Williamsburg… Read more
Hines, Peakhill JV on Port Chester Apartment Project
Hines and Toronto-based real estate investment manager Peakhill Equity Partners have closed on a joint venture to acquire and develop… Read more
Adjacent Jersey City Multifamily Properties Trade for $221.5M
A CBRE team of Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer, and Daniel Blumenkrantz closed the sale of Lenox… Read more
French-American School Relocates with Williams Equities
Williams Equities secured a long-term, 46,000-square-foot lease at its 120 E. 23rd St. property with The École, an independent French-American bilingual… Read more
Tishman Speyer Launches CRE Debt Platform
Tishman Speyer has launched a commercial real estate debt platform and hired Amit Rustgi as managing director, credit strategies, a newly created… Read more
Hakimian Affiliate Lands $175M Construction Takeout for Woodside Mixed-Use
Eight West, an affiliate of The Hakimian Organization, has secured a $175-million construction take-out loan from Apollo and Lionheart Strategic Management to… Read more
Stop & Shop Slates 32 Underperforming Stores for Closure
Quincy, MA-based Stop & Shop, a unit of Ahold Delhaize USA, said Friday it would close 32 unperforming locations across… Read more
Driftwood Hospitality Tapped to Manage $75M Hilton Hotel in Louisville
Driftwood Hospitality Management (DHM) will assume management operations for the Canopy by Hilton Downtown Louisville, a $75 million, 168-key hotel… Read more
William Norgard to Open 10K-SF Cannabis Dispensary in Times Square
A new four-story cannabis dispensary is coming to 30 Times Square. William Norgard, a service-disabled veteran, signed a 20-year lease… Read more
PensionBee to Open First US office in NYC
PensionBee, a London-based online pension provider, is set to establish its first U.S. office in Lower Manhattan at 85 Broad… Read more
NYC Investment Sales Increase 11% in H1 ’24
In the first half of 2024, New York City’s investment sales market showed significant momentum, with a notable 11% increase… Read more
Extell Lands $340M Refi for Midtown Skyscraper
Extell Development has secured $340 million in refinancing from IGIS Asset Management for its 570 Fifth Avenue project in Midtown.… Read more
Stellar Secures Article XI Agreement for Park Slope Building
Stellar Management, in collaboration with the Fifth Avenue Committee and NYC’s HPD, finalized an Article XI regulatory agreement, an NYC… Read more
Chipotle Founder to Open Robo-Eatery Kernel in NoHo
Steve Ells, founder of Chipotle, is opening the second location of his plant-forward, robot-run eatery, Kernel, at New York University’s… Read more
15-Year Office Veteran Joins Colliers Team in Walnut Creek
Colliers has added Travis Wilson (pictured) to its Walnut Creek office. As SVP, Wilson will focus on office leasing and… Read more
