New York
Bascom, Oaktree JV Acquires MF Asset
Irvine, CA-based The Bascom Group, LLC and funds managed by Oaktree Capital Management, L.P. acquired the 196-unit luxury Springs at… Read more
GFI Capital Pays $26M for Hilton Garden Inn
GFI Capital Resources Group Inc. has purchased the 198-room, 10-story Hilton Garden Inn in downtown Detroit. The New York hotel developer… Read more
Construction Launched on $400M 25 Kent
Construction has begun on 25 Kent Avenue, a $400-million mixed-use development dubbed by some as the “biggest thing to happen… Read more
James Stevens Becomes AHIT CEO
American Housing Income Trust Inc. (AHIT), headquartered in Phoenix, hired James Stevens as chief executive officer. Stevens replaces Jeff Howard,… Read more
Praedium’s $43M MF Buy Stakes Atlanta Claim
Praedium Group LLC struck a deal with The Residential Group to acquire the 272-unit Crest at Laurelwood at 10247 State… Read more
Saks Signs First Bronx Deal for 25K SF
Saks Off 5th, sister company of Saks Fifth Avenue, will be opening the Bronx’s first store at Bay Plaza Shopping… Read more
MoMA Acquires Original Emojis for Collection
Hearts and snowmen will now be on display at the Museum of Modern Art (MoMA), sitting alongside the renowned works… Read more
CBRE Global Investors’ Fund Acquires California Plaza
A fund sponsored by Los Angeles-based CBRE Global Investors acquired California Plaza in Walnut Creek, CA from New York City-based… Read more
A Net Gain for Brooklyn
The NBA Brooklyn Nets basketball team might not be winners but for real estate In Brooklyn, they are a slam… Read more
CBRE Sales Newly-Built Anaheim Concourse for $188.2M
Toronto-based Bentall Kennedy acquired Anaheim Concourse, a 965,255-square-foot industrial property in Anaheim, CA for $188.2 million. The sellers were Newport… Read more
CREW 2017 Board Members Elected
Six women were elected to the Commercial Real Estate Women (CREW) Network Board of Directors. President Alison Beddard, the six… Read more
Cali’s CREXi Expands to NYC
CREXi, the online real estate market platform, has expanded to the northeast with the opening of a New York office,… Read more
MLB Hits HR with 400K-SF NYC Lease
Major League Baseball (MLB) signed a lease with Rockefeller Group to take down approximately 400,000 square feet at 1271 Avenue… Read more
World-First Shipping Container Taco Bell Debuts
The world’s first shipping container-based Taco Bell is set to open this year in SoCal. Installation of a five-module, 1,080-square-foot… Read more
Historic San Francisco Building Set to Change Hands
New York-based TH Real Estate is acquiring San Francisco’s 400 Montgomery for a reported $50 million from The Hearst Corporation.… Read more
NY-NJ Gateway Tunnel Project Fast-Tracked
The Gateway Tunnel Project – geared to improve railroad connections between New York and New Jersey – is on the… Read more
Greystone Provides $43M in Financing for Phx MF
Greystone in New York provided a total of $42.5 million in Fannie Mae Delegated Underwriting and Servicing loans for two… Read more
$80M Brooklyn Portfolio Coming to Market
ZT Realty has hired Marcus & Millichap to market a Brooklyn multifamily portfolio consisting of assets in various neighborhoods including… Read more
Inland Pays $116M for CVS Pharmacies
Inland Real Estate Acquisitions Inc. paid a total purchase price of more than $116 million to acquire 24 just-delivered CVS… Read more