New York
NY, NJ Governors Say COVID-19 Curves are Flattening
Despite new one-day highs in their states’ death tolls from the coronavirus, New York Gov. Andrew Cuomo and New Jersey… Read more
Gemini Rosemont Acquires Williamsburg Development Site
Gemini Rosemont Development acquired a mixed-use development site at 167 N. 1st St. in Brooklyn’s Williamsburg neighborhood from Kevsta Inc.… Read more
LI Office Market Has Strong Q1 Amid Looming Pandemic
Despite the national economy being clouded by uncertainty in the wake of the COVID-19 pandemic, the Long Island office market… Read more
Greystar to Build Student Housing Near Virginia Tech
A 517,000-square-foot student housing community will be built near Virginia Tech in Blacksburg, VA. New York City-based Eyzenberg & Co. structured… Read more
AECOM Converting Memphis Retail Center to COVID-19 Hospital
AECOM has been selected by the U.S. Army Corps of Engineers to convert space at Gateway Shopping Center in Memphis… Read more
JZ, RedSky Seek $165M in Sale of Brooklyn Waterfront Site
JLL Capital Markets was selected by JZ Capital Partners Ltd. and RedSky Capital LLC to sell a development site at… Read more
CIT Arranges $40M Debt for Yonkers Studio Project
Great Point Capital Management (GPC) and National Resources closed a $40-million loan with CIT to complete the financing of Great Point’s first construction project,… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more
GBT Realty Secures $141M Financing for 24-Story Nashville Tower
Brentwood, TN-based GBT Realty Corporation completed its capital stack for its market redefining Class A office tower in Nashville known… Read more
B6 Adds Capital Markets Veteran Trisha Connolly
B6 Real Estate Advisors has hired Trisha Connolly as senior managing director in its capital advisory division. Connolly has originated more than… Read more
Walker & Dunlop Provides $340M Acquisition Financing for Cortland
Bethesda, MD-based Walker & Dunlop, Inc. structured $340,097,797 in financing for Atlanta-based Cortland’s landmark acquisition of PURE Multi-Family REIT. The… Read more
Prewar Elevator Building Trades in Astoria
Marcus & Millichap finalized the sale of 31-65 29th St., a 48-unit multifamily building located in the Astoria section of Queens.… Read more
1,700 Businesses Answer NYCEDC Call for Emergency Medical Supplies
The New York City Economic Development Corporation (NYCEDC) put out a call recently for businesses to turn out emergency medical… Read more
Q1 Manhattan Office Leasing Slides on Steep Drop in March
With leasing activity dropping off sharply in March, Manhattan’s office market saw a quarterly drop of nearly 50%, according to… Read more
Innovo, Square Mile Line Up $305M for Bronx Mega-Warehouse
Innovo Property Group (IPG) and Square Mile Capital Management LLC have obtained construction financing totaling $305 million for their development of a one-million-square-foot, two-story… Read more
New York Investor Converting Former Macon Retail Center into Industrial Park
New York-based Ultimate Realty launched the $12-million redevelopment of the former Westgate Shopping Center in Macon, GA. The 395,000-square-foot, six-building… Read more
Turnbridge Equities Takes Raleigh’s The Creamery MXU
New York-based Turnbridge Equities acquired The Creamery, an 82,000-square-foot mixed-use property at 400-410 Glenwood Ave., Raleigh, NC, from Northpond Partners,… Read more
Walker & Dunlop Webcast: Crisis Forges Great Leadership
Having hosted two previous discussions with leading economists on the near-term impact of the coronavirus pandemic on GDP, Walker &… Read more
New Rochelle Apts. Trade After 9-Decade Hold
Meridian Investment Sales’ Amit Doshi, Shallini Mehra and David Schechtman teamed up for the $10.75-million sale of 246-248 Centre Ave.,… Read more