New York
New York Community Bancorp to Sell $5B in Warehouse Loans to JPMorgan
New York Community Bancorp, Inc. has agreed to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase Bank,… Read more
The RO Set to Break Ground in Houston
It’s been seven years in the making, but Transwestern will begin construction next month on The RO (pronounced row), a… Read more
School of Rock Inks Space at 300 Huntington in BK
Monadnock Development has signed a 3,000-square-foot lease with School of Rock at 300 Huntington, a commercial mixed-use development in Gowanus/Carroll Gardens. School… Read more
NYC to Redevelop 122-Acre BK Coastline to Maritime Port
New York City is revitalizing a 122-acre Brooklyn waterfront stretch into a mixed-use community and modern maritime port. Mayor Eric… Read more
Stellar Management to Build and Preserve 300 Affordable Apts in Park Slope
The New York City Council has approved the rezoning of 341 10th Street in Park Slope, Brooklyn, for a mixed-use… Read more
Dallas Leads the State in Apartment Conversions
Dallas will boost its rental stock by transforming unused buildings into apartments. The city boasts the nation’s 6th-largest conversion pipeline and leads Texas in this trend for… Read more
JPMorgan Provides $430M Loan for BK’s Tower 77
Clipper Equity has closed a $430 million loan for Tower 77, its three-tower multifamily property on the Greenpoint waterfront in… Read more
LeFrak Secures 27K SF of Retail Leases in Jersey City
LeFrak, a real estate developer, has secured eight new retail leases totaling nearly 27,000 square feet in Newport, Jersey City’s… Read more
Milstein Properties’ 22 Vanderbilt Adds 460K SF of Leases
Milstein Properties has signed five new leases at 22 Vanderbilt, totaling over 460,000 square feet and bringing the building to… Read more
BK RE Leaders Launch Platform to Build 10K Units in Five Years
Ofer Cohen, Tucker Reed, and Vivian Liao have launched Ailanthus, a housing creation platform dedicated to building 10,000 new units… Read more
Texas CRE Foreclosures On Rise
According to the latest findings from Attom Data Solutions, commercial foreclosures across the state jumped by 129 percent year… Read more
NY Fed Survey: Consumers Expect Higher Inflation, Home Prices
Consumers are bracing for higher inflation along with higher home prices in the near term, according to the latest Survey… Read more
Steiner, JP Morgan Tap JLL to Sell/Re-Cap BK Resi Tower
JLL Capital Markets has been retained to sell or recapitalize Hub, a residential tower in Boerum Hill, Brooklyn. This Class… Read more
Elliman Partners with Bilt on Resident Rewards Program
Douglas Elliman, an independent residential real estate brokerage in NYC, has become the first condo and co-op property management firm… Read more
Digital Media Company Puck Relocates to Fidi
Puck, a media company, will relocate to 107 Greenwich St. in the Financial District, owned by Trinity Church Wall Street.… Read more
Lindamood-Bell Inks Midtown Lease with Rudin
Rudin has finalized a 5,521-square-foot lease with Lindamood-Bell at 355 Lexington Avenue in Midtown. Lindamood-Bell, known for its sensory-cognitive instruction… Read more
Some Office Buildings Are Thriving, According to Placer.ai
While much of the office sector news continues to focus on high vacancies and less usage, a recent Placer.ai report… Read more
RentCafe Says Adaptive Reuse on the Rise, YoY Growth is 17%
A recent article from RentCafe reported that adaptive reuse projects gained steam in 2023. Specifically, 17.6% more apartments were converted… Read more