New York
Marx Realty Adds 24K-SF Leases at 10 Grand Central
Marx Realty has signed new leases and renewals totaling 23,855 square feet at 10 Grand Central in Midtown. The… Read more
Midwood Announces Jeff Dvorett as President
Midwood Investment & Development has appointed Jeff Dvorett as president, where he will be responsible for overseeing development, marketing, operations,… Read more
Dallas 3rd in Office-Apartment Conversions
Dallas is one of the top metros for converting vacant office space into new apartments, per a new RentCafe report. Redeveloping underused office… Read more
Dania Beach Apartment Build Proceeds with $55.6M Loan
The first phase of the 101 Dania Beach apartments is moving forward after the developer secured a $55.6 million construction… Read more
CMBS Delinquencies Rise Nearly 10% in January
The delinquency rate among U.S. CMBS climbed meaningfully in January from December, rising almost 10% to 4.61%, Kroll Bond Rating… Read more
Manhattan Office Visitations Up to 67% of Pre-Pandemic Levels
Manhattan office buildings in December 2023 had an average visitation rate of 67% of pre-pandemic levels, representing a monthly increase… Read more
Del Frisco Extends Rock Center Lease for 20 Years
Rockefeller Group has announced that Del Frisco’s Double Eagle Steakhouse has renewed its lease for an additional 20 years at… Read more
Japanese Publisher Buys Midtown Townhouse for $27M
Kodansha USA Publishing, a Japanese publishing and comic book company, has acquired 25 East 22nd Street, a 17,185-square-foot office building… Read more
Duo Secures $127M Loan for Hialeah Rental Community
Terra and New Valley, the development partners behind Natura Gardens, a new multifamily community in Miami’s Hialeah neighborhood, have secured… Read more
Atlanta #3 in BTR Home Construction
Metro Atlanta trails only Phoenix and Dallas-Ft. Worth when it comes to build-to-rent homes constructed in 2023. The area saw… Read more
Placer.ai Spotlights East Coast Migration Hubs
Although much has been written about the recent population outflows from New York, Massachusetts and other Northeastern states, many states on the East… Read more
Production Co. Tinc Relocates to Times Square
Tinc Productions, a technical production firm specializing in live events, has signed a 7-year lease for 2,964 square feet at… Read more
Green Energy-Related Leasing Accelerates in Manhattan
Energy-related leasing in New York City is growing as the state commits over $55 billion to source 70% of its… Read more
Pratt Institute Inks 62K-SF at BK Dock 72
Brookfield Properties (BXP) and Rudin have announced that Pratt Institute will relocate its graduate facilities in Fine Arts and Photography… Read more
Gantry Secures $38M for Buffalo MF Build
Gantry has arranged $38.15 million in construction financing for The Lawrence Apartments in Buffalo, NY. The Class A project, located… Read more
Safra to Acquire Faneuil Hall Marketplace
J. Safra Real Estate, the real estate arm of The J. Safra Group, has announced its acquisition of Faneuil Hall… Read more
American Healthcare REIT Prices $840M IPO
American Healthcare REIT looks to raise as much as $840 million from its initial public offering. The Irvine-based nontraded REIT… Read more
Hawkins Way Capital Secures Financing for River North Hotel
Hawkins Way Capital has closed a $5.225 million refinancing loan with Symetra Life Insurance Company as the lender for its Sonder-run Found Chicago hotel.… Read more