New York
Alpha Realty Arranges Castle Hill Portfolio Deal
Alpha Realty’s team arranged the $25-million sale of a two-building multifamily portfolio in the Castle Hill neighborhood of the Bronx.… Read more
TerraCRG Markets Crown Heights Development Assemblage
TerraCRG has been retained exclusively to sell 701 Prospect Pl., a five-lot development assemblage in Crown Heights, Brooklyn. Partner Daniel… Read more
RXR’s New Rochelle Resi Tower Scores $105M Refi
JLL Capital Markets arranged $105 million in refinancing for RXR Realty’s 360 Huguenot, a 280-unit high-rise apartment building with ground-floor retail in downtown… Read more
Hudson Realty Capital Launches Healthcare Lending Platform
New York City-based Hudson Realty Capital has launched a healthcare bridge lending platform that will focus on skilled nursing, independent… Read more
Three Multifamily Assets Change Hands in Houston
Marcus & Millichap’s Brooklyn office secured an Ohio-based investor to buy the three Houston properties. Marcus & Millichap’s Matthew Peters… Read more
Parkview Furnishes Construction Financing to REEC
Parkview Financial provided a $70-million loan to Real Estate Equities Corporation (REEC) for the refinance and construction of a nine-story, 61,513-square-foot Class… Read more
JLL Lists Free-Market Apartments in Hell’s Kitchen
JLL Capital Markets has been retained to arrange the sale of 515 W. 47th St., a 15-unit, free-market apartment building… Read more
Ariel Arranges $24M in Loans on Brooklyn, Manhattan Properties
Ariel Property Advisors’ Matthew Dzbanek and Matthew Swerdlow recently arranged more than $24 million in loans for eight mixed-use properties in… Read more
Chicago Life Sciences Job Growth Ranks Among the Top
Chicago’s life sciences industry, touted by economic development experts as one of the city’s next big business sectors, ranks among… Read more
Delancey Street JV Closes on $466M Essex Crossing Refi
Delancey Street Associates, a joint venture of Taconic Partners, L+M Development Partners, BFC Partners, the Prusik Group, and the Urban… Read more
Redfin: Median Asking Apartment Rent Tops $2,000 For First Time Ever
The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over… Read more
Cleveland High Density Data Center Acquired by Strategic Datasphere
StratCap’s institutional data center real estate investment platform, Strategic Datasphere, LLC, has completed the acquisition of a 187,000 square foot… Read more
Greystone Adds Freddie Mac SVP to Multifamily Team
Rich Martinez will join Greystone as an executive managing director, multifamily sales & production in mid-June, based in New York.… Read more
Prewar Upper West Side Elevator Building Trades in 1031 Exchange
Meridian’s David Schechtman, Shallini Mehra, Amit Doshi and Abie Kassin recently closed on the sale of 227 Riverside Dr., a… Read more
Extell Takes Over Brooklyn Development Site from Feil Organization
JLL Capital Markets arranged the lease of a shovel-ready 450,000-square-foot development site at 356 Fulton St. in Downtown Brooklyn, valued… Read more
Retail REIT Simon Details Expansion at its Woodbury Premium Outlets
Pioneering retail REIT Simon is commencing the fifth phase of expansion at its world-famous and industry-leading Woodbury Common Premium Outlets,… Read more
Manhattan Apartments Reach New Highs in Rents
Manhattan apartment landlords got good news from the latest Miller Samuel report for Douglas Elliman. The market pattern of record… Read more
1 Hotel Austin to Anchor Soon-To-Be State’s Tallest Building
1 Hotel Austin is just starting construction at Waller Creek and Lady Bird Lake. The 98 Red River 74-story tower… Read more
Lendlease Names Managing Director of Development for Americas
Lendlease has appointed Mark Dickinson to the role of managing director of development for its Americas region. Dickinson is based… Read more