New York
CBRE Brokers Deconversion Deal in Edgewater Beach
CBRE’s Chicago office has brokered the sale of a 188-unit condominium deconversion property at 5815 N. Sheridan Rd. in the… Read more
Meridian Team Brings Bakery to Lower East Side
Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a long-term lease for a bakery at… Read more
Pebblebrook Divests San Francisco Hotel for $315M
Bethesda, MD-based Pebblebrook Hotel Trust sold the 681-room Park Central San Francisco hotel to Highgate Hotels LP. for $315.2 million.… Read more
Google Signs 180K-SF Deal at 345 Hudson in NY
Google signed a 180,000-square-foot lease for new office space at Trinity Hudson Holdings’ 345 Hudson St. in New York. The property’s… Read more
Alchemy Acquires Bed-Stuy Multifamily Portfolio
Alchemy Ventures has purchased a nine-building multifamily portfolio in Brooklyn’s Bedford-Stuyvesant neighborhood for $24.6 million from IWC General Partners. A… Read more
Investment Manager Renews, Expands on East Side
RP Management, the investment manager for pharmaceutical royalties firm Royalty Pharma, has signed a 10-year lease renewal and expansion at… Read more
Meridian Secures Non-Recourse Loan for Harlem MXU
Meridian Capital Group has arranged $36.5 million in financing for the acquisition and construction of a mixed-use property in Harlem,… Read more
Knotel Adds 100K SF to Portfolio with 5 Deals
Knotel has finalized five leases totaling 99,486 square feet in Midtown South and Lower Manhattan. In the largest transaction, the… Read more
NYC’s “Diverse, World-Class Talent” Keeps Google Expanding
Google’s plan to establish a 1.7-million-square-foot campus in Hudson Square isn’t the first large-scale real estate play the search-engine giant… Read more
BREAKING NEWS: Google Plans 1.7M-SF Hudson Square Campus
Google said Monday it would create a new campus in Hudson Square, with signed lease agreements at 315 and 345… Read more
$327M Refi for Brookdale Senior Living
New York-based Berkadia arranged $327 million in financing on behalf of Tennessee-based Brookdale Senior Living, Inc. for 28 senior housing… Read more
Alexander’s Closes on $252M Refi of Queens Retail
Alexander’s Inc. has completed a $252.5-million refinancing of its 609,000-square-foot Rego Park II shopping center in the Rego Park section… Read more
Harman’s Design Studio Becomes Midtown Tenant
Harman International’s newly-created design agency, Huemen, will occupy 11,000 square feet at Savanna’s 19 W. 44th St. The space, which… Read more
Savanna Closes on NoMad Office/Retail, Plans Repositioning
Savanna has finalized its acquisition of 48 W. 25th St., a 12-story, 126,256-square-foot office and retail building in NoMad. Deal… Read more
City Plans $3B in Development Sales for Public Housing Fixes
The de Blasio administration seeks to raise up to $3 billion through development of city-owned land and sales of air… Read more
Greystone Lines Up HUD-Insured Loan on Bronx SNF
Greystone has provided a $23.9-million HUD-insured loan to refinance a skilled nursing facility property in the Bronx. The non-recourse permanent… Read more
Economic Opportunity Zones vs. 1031 Exchanges
By Marc Wieder, Robert Gilman and Jeffrey Bowden, Anchin, Block & Anchin LLP The new Economic Opportunity Zones (EOZ) approved… Read more
TH Real Estate Raises $330M for U.S. Industrial Fund
New York-based TH Real Estate, an affiliate of Nuveen, TIAA’s investment management arm, closed the TH Real Estate U.S. Strategic Industrial Fund… Read more
Apple Plans $1B New Campus in Austin, Adding Jobs Across the U.S.
Apple revealed plans for a $1-billion campus on a 133-acre site in North Austin, TX. The Cupertino, CA-based company also… Read more