New York
NY Family Office Duo Acquire Big 662 Unit Multifamily in Suburban Chicago
Beitel Group and The Scharf Group, both NY-based single-family offices, have added Preserve at Woodfield to their over $1-billion Midwest… Read more
Walker & Dunlop in Big $70M Manhattan Multifamily Finance Deal
Multifamily sector finance specialist Walker & Dunlop has arranged $70 million in permanent financing for 21 West Street in New… Read more
RXR Partnering with HQ Land Transport to Offer Shuttle Service Perk for Workers
New York commercial real estate developer and operator RXR has formed a partnership with HQ, among the country’s top providers… Read more
Ferguson Partners Elevates Gemma Burgess to CEO
Talent management firm Ferguson Partners, which specializes in the global real assets industries, has named Gemma Burgess its new CEO,… Read more
Merchants Capital Provides $104M to Renovate Historic Harlem River Houses
The New York office of Merchants Capital has provided more than $104 million in financing for Harlem River Houses and… Read more
CBRE Says Manhattan Q1 Office Leasing Activity Up Nearly 100% Y-O-Y
CBRE has released first-quarter office leasing figures for Manhattan, which CBRE said saw leasing activity climb by nearly 100% year-over-year. … Read more
KPG Leases Broadway Space in SoHo to Museum of Women
KPG Funds has leased its retail space at 480 Broadway in SoHo to The Museum of Women, KPG announced in… Read more
Buffalo Bills Set to Build Stadium as Public Funding Falls into Place
New York Gov. Kathy Hochul has reached a deal with the state legislative leadership for a state budget that includes… Read more
Marcus & Millichap Arranges Sale of Apartment Complex in Suburban Chicago
Marcus & Millichap has arranged the sale of a 54-unit apartment portfolio located in Midlothian, IL. The nine-building complex sold… Read more
Equity Residential Snags $266M in Sale of Luxury Upper West Side Rentals
A CBRE team led by Darcy Stacom, chairman of NYC Capital Markets, arranged the $266-million sale of a 354-unit luxury… Read more
Arts Group Inks 10-Year Lease in West Chelsea
Douglaston Development’s property management affiliate, Clinton Management, has signed a 5,200-square-foot, 10-year lease with the International Print Center, a nonprofit… Read more
Soloviev’s One United Nations Park Condos Reach 50% Sold
The Soloviev Group’s One United Nations Park, a luxury residential tower in Midtown East at 695 First Ave., is now… Read more
Janus Property Hires Leasing Head to Oversee Portfolio
William Etheridge has joined the Janus Property Company as director of commercial, life science and retail leasing. In this role… Read more
Summit Health Signs Long-Term Lease with Muss Development
Summit Health has signed a long-term, 12,379-square-foot lease at Muss Development’s shopping center located at 7000 Austin St. in Forest… Read more
Empire State Realty Trust in Major New Solar Project at Harrison, NY Property
Empire State Realty Trust (ESRT) has announced plans for a community solar project at its 287,351-square- foot office property at… Read more
CREFC Chair: Market is Still Seeing Signs of Distress
The CRE Finance Council (CREFC) hosted its 14th annual High Yield, Distressed Assets & Servicing (HYDRA) Conference in New York… Read more
CMBS Special Servicing Rate Continues to Decline
The Trepp CMBS Special Servicing Rate fell 42 basis points in March to 5.66%. Six months ago, the Trepp special… Read more
Partnership for NYC Sees Renewed Momentum in City’s Economy
The city’s economy is gaining momentum as tourism, transit ridership and employment have rebounded after stagnating during the spread of… Read more
Boutique Chicago Firm Midloch Hires New Managing Director
Midloch Investment Partners, a boutique real estate private equity investment firm specializing in commercial real estate joint venture equity and… Read more