New York
KKR Mortgage REIT Finances West Side Multifamily
KKR Real Estate Finance Trust (KREF) capped an active March with an $86-million senior loan on a 186-unit New York… Read more
City, State Reach Accord on Subway Action Plan
New York City will put up half the $836 million to fund an emergency action plan that would address short-… Read more
Development, Construction Veteran Joins Trinity Place
Charles Gans has joined Trinity Place Holdings as SVP after rising through the ranks at the New York City Economic… Read more
316-Bed Dakota Ranch Sells to New York Buyer
Dakota Ranch, a 316-bed student housing property serving Texas State University, sold to Alden Street Capital, which is headquartered in… Read more
$53.5M Financing Arranged for Philly’s Pod Hotel Construction
Modus Hotels and the Parkway Corporation secured $53.5 million in financing for the construction of a Pod Hotel in Philadelphia,… Read more
Miami Restaurateur Chooses Flatbush for First NYC Outpost
Foozo Artisan Pizza, which shares the same operator as Miami’s renowned Fuego by Mana Steakhous, will bring its fast casual… Read more
Marcus & Millichap Team Brokers UWS Apartment Portfolio
Marcus & Millichap has arranged the $16.85-million sale of West Bridge Associates Portfolio, a six- building apartment portfolio on Manhattan’s… Read more
McDermott Lands RE Finance Team from DLA Piper
Global law firm McDermott Will & Emery has expanded its real estate finance capabilities with the arrival of a team… Read more
CushWake Brings Industry Veteran to Downtown Team
Barry Finkelman has joined Cushman & Wakefield as an executive director in the firm’s Downtown Manhattan office. He brings the… Read more
‘One of a Kind’ Brooklyn Hotel Lands Refi
Meridian Capital Group has arranged $23.5 million for the refinance of the Box House Hotel in the Greenpoint section of… Read more
Q&A with Anchin’s Marc Wieder: Tax Reform’s CRE Implications
The Tax Cut and Jobs Act signed into law by President Trump in December presents some new considerations that commercial… Read more
ReadyCap Commercial Adds Chicago Presence
Small-balance lender ReadyCap Commercial has opened a bridge lending office in Chicago, hiring Mark Blaha as a director of originations… Read more
Cuomo Proposes State Takeover of Penn Station Vicinity
Gov. Andrew Cuomo has proposed that New York State take control of a development zone around Penn Station in Midtown.… Read more
Inked Branches Out into Retail with SoHo Location
Quadra Media’s Inked Magazine is expanding into retail with a lease in SoHo for what will be its flagship store.… Read more
Knotel Hires ClassPass Co-founder as VP of Product
Flexible workspace provider Knotel has named its first VP of product, tapping brand builder Sanjiv Sanghavi for the role. Sanghavi… Read more
REBNY Adds Government Affairs SVP
The Real Estate Board of New York has appointed Reggie Thomas as SVP for government affairs, effective April 16. He’s… Read more
Rent Regulation Stays in Effect in NYC Until 2021
State-level rent regulation laws have been extended in New York City until April 1, 2021 under legislation signed into law… Read more
National Bank of Kuwait Re-Commits to 299 Park
Maintaining its place on a financial tenant roster that also includes Capital One, UBS, Carlyle and American Securities, the National Bank… Read more
Global Players Fill the Void as Chinese Investment Slips
In the New York region and nationally, Chinese investments in U.S. real estate have been sharply curtailed since the Chinese… Read more