New York
San Francisco’s Iconic Transamerica Pyramid Trades for $700M
A group led by New York developer Michael Shvo has a deal to purchase the Transamerica Pyramid in San Francisco,… Read more
Sheltering Arms Relocates to Downtown’s Cunard Building
Transwestern Commercial Services (TCS) represented Sheltering Arms Children and Family Services in two transactions: a 25,000-square-foot headquarters lease at 25 Broadway… Read more
Blackstone-Led Team Recapitalizes $300M Brooklyn Complex
Liberty View Industrial Plaza, a 1.3 million-square-foot office and industrial facility in Brooklyn’s Sunset Park neighborhood, is being recapitalized by… Read more
Meridian Arranges Cash-Out Refi on Q-East
Meridian Capital Group recently arranged $61 million in financing for the cash-out refinance of Q-East, a mixed-use residential, retail and… Read more
Colliers Brokers Sale of 24K-SF Development Site Near FIU
Colliers International has brokered the $5.2 million sale of a 24,451-square-foot development site near FIU’s main campus in Miami. Located… Read more
Black Bear Arranges More Loans for Bronx MF Owner
Black Bear Capital Partners (BBCP) arranged $43.8 million in permanent financing on behalf of Finkelstein Timberger East Real Estate (FTERE) to refinance a six-property multifamily portfolio… Read more
CW Realty Snaps Up Vinegar Hill Parcel
CW Realty acquired 251 Front St., a 20,000-square-foot corner development lot in the Vinegar Hill section of Brooklyn. The $20-million… Read more
Arbor Realty Trust Expands at Seagram Building
RFR announced today that Arbor Realty Trust Inc. has signed a 10-year, 36,248-square-foot renewal and expansion lease at RFR’s Seagram… Read more
NYC Development Sites See Uptick in Sales
Sales of residentially-zoned development site sales above $5 million rose 11% across New York City in the fourth quarter compared… Read more
Downtown’s Trinity Centre Lands 63K SF in New Leases
Advertising agency Johannes Leonardo and full-service commercial bank Signature Bank inked new leases at Capital Properties’ Trinity Centre at 111-115 Broadway, totaling… Read more
W. P. Carey in 15-Building Sale-Leaseback for Helicopter Campus in Aurora
New York City-based W. P. Carey completed a sale-leaseback with Columbia Helicopters involving a 187,016-square-foot portfolio in Aurora, OR. The… Read more
New York Hotelier Announces 217-Key Dream Hotel
Dream Hotel Group, a hotel management company headquartered in New York City, announced plans to build a 217-room hotel in… Read more
New York’s Office Sales Crown Slips in 2019
Although it’s generally regarded as the monarch of U.S. office markets, New York City’s crown slipped in 2019. The year’s… Read more
Edge Principal Advisors Closes Fourth Fund at $560M
Edge Principal Advisors, a real estate investment management firm headquartered in New York City, announced the final closing of its fourth… Read more
Greystone, Rittenhouse JV on Northeast-Focused Platform
Greystone, a New York City-based commercial real estate lending, investment and advisory company, and Philadelphia-based Rittenhouse Realty Advisors, have combined… Read more
Meridian Duo Trades Brooklyn Heights MF at “Premium Pricing”
Meridian Investment Sales’ Amit Doshi and Shallini Mehra reached an $8.3-million deal on 144 Willow St. in Brooklyn Heights. The… Read more
Related Launches Sales on West Chelsea Condo Project
Related Companies has launched sales at Lantern House, its upcoming residential condominium building at 515 W.18th St. in West Chelsea. The… Read more
Merchants Capital Arranges $41M Refi on Harlem Rentals
Merchants Capital secured $40.9 million in refinancing for The Tapestry, a 12-story gateway residential building in Harlem. The mortgage banking… Read more
Bluerock Real Estate Snags 254-Unit Avenue 25
Bluerock Real Estate LLC struck a deal with Milburn & Co. to acquire Avenue 25, a 254-unit multifamily complex in… Read more