New York
The Journey Church Extends Midtown Lease
The Journey Church NYC has signed a 10-year lease extension for its 8,643-square-foot space on the third floor of 247… Read more
David Hodge Joins Populous as Principal
David Hodge has joined Populous, a global leader in sports and entertainment architecture and design, as a principal in its… Read more
Manhattan Investment Sales Total $11B in ’23
Manhattan witnessed a significant decline in investment property sales, recording $11.1 billion in 2023, marking a 45% drop from 2022… Read more
Waterton Buys 501-Unit White Plains Resi Community
Waterton has re-entered the Tri-State market with the acquisition of 15 Bank, a 501-unit apartment community in White Plains, NY.… Read more
IPA Arranges $15M Refi for BK MF Property
IPA Capital Markets, a division of Marcus & Millichap, has secured $15.2 million refinancing for 68 Richardson St, a stabilized… Read more
Ware Malcomb Elevates Four to Practice Leader Roles
Ware Malcomb, an international design firm headquartered in Irvine, has appointed four senior team members to a newly created leadership… Read more
Jonathan Firestone Joins Newmark from Eastdil to Co-Head Debt Platform
Newmark Group, Inc. has hired Jonathan Firestone as co-president, Global Debt & Structured Finance. Firestone will run Newmark’s debt platform alongside New York-based Jordan… Read more
R2 Acquires Michigan Ave Office Tower for $60M
R2 Companies, a Chicago-based real estate investment and development firm, has acquired the downtown office tower at 150 North Michigan.… Read more
Office Space Demand Rises for Sixth Consecutive Month
Led by New York City and Los Angeles, demand for office space rose nationally in December on a year-over-year basis,… Read more
Brooklyn Industrial Assemblage Sold for $8M
An industrial assemblage in Brooklyn has been sold for $7.5 million. The three-property parcel includes a 15,000-square-foot single-story industrial building… Read more
Viking Sales Group Inks 12K SF in Midtown South
Viking Sales Group, a division of Core Home, has signed a 12,582-square-foot lease at 42 West 39th Street in Midtown… Read more
The Granola Bar Signs Retail Lease at 330 Madison Ave
The Granola Bar is set to open a new location at 330 Madison Ave., a Class A tower in Midtown.… Read more
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