New York
Hackberry Lane Adds 400 Beds in Florida, Arkansas University Markets
Hackberry Lane, a vertically integrated student housing investment and operating company, announced the closing of six separate transactions across Gainesville,… Read more
601W Acquires 1.4M-SF DTLA Office Tower at Steep Discount
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $132-million first-mortgage acquisition loan secured… Read more
Blackstone, J.P. Morgan Lend $281M on Industrial Outdoor Storage Portfolio
New York City-based Catalyst Investment Partners, specializing in industrial outdoor storage (IOS) properties in high-barrier-to-entry urban infill markets, said Monday… Read more
Resnick Secures 117K SF of Office, Retail Leases at 250 Hudson St.
Jack Resnick & Sons secured 119,000 square feet of new office and retail leases at 250 Hudson St., bringing occupancy at the… Read more
Olmstead, Vertex Acquire Repositioned 1916-Vintage Midtown Offices
Olmstead Properties, in partnership with Vertex, has acquired 19 W. 44th St., a 302,000-square-foot Midtown Manhattan office property, for an… Read more
Atria Health Leases Entire Commercial Space at One High Line
Access Real Estate and Witkoff announced that Atria Health Institute will lease the full commercial space at One High Line,… Read more
Rosewood Closes Off-Market Deal for Sunnyside Retail with Unused Air Rights
Rosewood Realty Group closed the $16,250,000 off-market sale of 40-02 and 40-18 Queens Blvd. in Sunnyside, Queens. The Schoellnast family… Read more
IPA Capital Markets Arranges $27M for Luxury DC Multifamily
IPA Capital Markets, a division of Marcus & Millichap, has arranged $26.87 million in financing, along with joint venture equity,… Read more
Moody’s Sees Limited Impact of Five-Year Cap on NYC Apartment Rents
Just 6% of the 481 CMBS single-property multifamily loans in New York City would see credit metrics deteriorate to the… Read more
Arrow Lines Up Acquisition Financing for 7-Property Mixed-Use Portfolio
Arrow Real Estate Advisors arranged a $69.7-million acquisition bridge loan on behalf of TARGO Capital Partners for a seven-property, mixed-use… Read more
BHI Provides Condo Inventory Loan for Ground-Up Luxury Project
BHI, the U.S branch of Bank Hapoalim, B.M., provided a $200-million condo inventory loan to Malabar Residences, a newly constructed… Read more
Slate Property Group Closes on $86M Refi for LIC Apartments
Slate Property Group has closed on an $86.25-million refinancing for Dutch House, a 186-unit multifamily property located at 37-05 30th St. in Long Island City.… Read more
Simpson Thacher Leases More Than 900K SF at New Extell Tower
Law firm Simpson Thacher & Bartlett has committed to 916,000 square feet at Extell Development’s new 570 Fifth Ave. tower… Read more
Brooklyn Defender Services Consolidates Operations into Tishman Speyer Development
Tishman Speyer reached an agreement with Brooklyn Defender Services (BDS) to establish its headquarters within The Wheeler, its 10-story development located at… Read more
Construction Launches at $147M Adaptive Reuse Project in Poughkeepsie
Construction has begun at Wallace Campus, a $147-million, 187-unit mixed-use affordable housing development in the city of Poughkeepsie, Dutchess County. The… Read more
Barry Diller-Led Group Offers $18B for MGM Resorts
Barry Diller’s People Inc., formerly known as IAC, has proposed acquiring MGM Resorts International in an all-cash transaction valued at… Read more
ESRT Offloads 250 W. 57th St. for $275M
Empire State Realty Trust, Inc. (ESRT) said Tuesday it had completed the disposition of 250 W. 57th St., a 540,000-square-foot office… Read more