New York
Berkley Insurance Renewal Seen as Bellwether for Midtown
In what’s seen as a bellwether of recovery for Midtown Manhattan’s office leasing market, BentallGreenOak has renewed Berkley Insurance Company’s… Read more
TerraCRG Puts Red Hook Industrial Under Contract
TerraCRG has put 238 Conover St., a commercial/industrial property in Red Hook, Brooklyn, into contract. Partners Dan Marks and Daniel… Read more
BRP Breaks Ground on Farmingville Garden-Style Apartments
BRP Companies in partnership with Basis Investment Group has begun construction at The Arboretum at Farmingville, a 494,000-square-foot, 292-unit, garden-style,… Read more
MCR Refis 30 Hotels Nationwide for $420M
New York City-based MCR, the country’s fourth-largest hotel owner-operator, has closed on a $420-million refinancing of 30 hotels across the… Read more
A&E Real Estate Makes Second Upper West Side Buy from Equity Residential
A CBRE team led by Darcy Stacom, chairman of NYC Capital Markets, arranged the $415-million sale of 160 Riverside Blvd. on… Read more
Eclectic Houston East-End Neighborhood Has a Plan
Concept Neighborhood plans to convert more than two blocks of mostly historic properties into a walkable, thriving mixed-use community. Construction… Read more
Armada Hoffler Collects $24M for Properties Leased to Costco, Home Depot
Virginia Beach, VA-based Armada Hoffler has disposed of two single-tenant assets leased to Costco and Home Depot located in Durham,… Read more
KeyBank’s Laurel Road Brand Signs on at Zero Irving
RAL Development Services signed Laurel Road, a digital banking platform and brand of financial services company KeyBank, to 15,240 square feet of office… Read more
MMCC’s Mission Capital Adds Becky Flig as Director
Becky Flig has joined Marcus & Millichap Capital Corporation’s subsidiary Mission Capital Advisors (MCA) as director. She will be responsible… Read more
Hemogenyx Opens R&D Facility in Manhattanville Factory District
Hemogenyx Pharmaceuticals has opened its new custom-engineered R&D facility at Janus Property Company’s Mink Building in West Harlem’s Manhattanville Factory… Read more
Kalikow Group Closes Sales in Brooklyn, Nassau County
The Kalikow Group, a fourth-generation, New York development and management firm based in Westbury, NY, recently completed the sale of two properties in a… Read more
Thorofare Provides Construction Loan on Central NJ Industrial
Thorofare Capital, Inc. provided $28.5 million in financing to Treetop Companies for construction of 500 Halls Mill Rd., a 206,881-square-foot Class… Read more
Governors Island Trust Seeks Hospitality Operators
The Trust for Governors Island on Thursday released two requests for proposals (RFPs) inviting operators of event, food and beverage,… Read more
Tech Sector Job Growth Rebounds from Pandemic
North American tech talent rebounded back from the pandemic to post job gains across most top markets in 2021, CBRE said in… Read more
Real Estate, Portfolios and Economic Volatility
By John Todd, LEX Markets LLC* Real estate owners have just weathered a historic pandemic. Right when it looked like… Read more
New IE Industrial Facility to House United Legwear and Apparel
Real estate development firm McDonald Property Group has announced construction will soon commence on a build-to-suit, 1.8-million-square-foot industrial complex in… Read more
Newmark Secures Blackstone Loan for 570 Washington St.
Newmark arranged the financing for 570 Washington St., a luxury waterfront residential development in Manhattan’s West Village. A joint venture… Read more
BOMA New York Names New Executive Director
BOMA New York has hired Lori Raphael as its new executive director. She succeeds Bobbi McGowan, who has led the… Read more
Northwind Closes on $45M Condo Inventory Loan
Locally based real estate private equity firm Northwind Group closed on a $45-million condo inventory loan for a 120-unit condominium… Read more