New York
A Tale of Two Mixed Uses
Though the Houston economy and commercial real estate is bumpy due to the drop in oil prices, one bright spot… Read more
Goldman Sachs Strikes Again in Scottsdale
Goldman Sachs Group Inc. of New York City made its third acquisition in Scottsdale, AZ, paying $28.5 million to acquire… Read more
La Rochelle Sells for $149M
DSF Group is now the owner of the 412-unit La Rochelle, an apartment complex in New Rochelle, Westchester County, New… Read more
W.P. Carey Pays $145M in Sale-Leaseback Deal
W.P. Carey Inc., headquartered in New York, struck a sale-leaseback deal with Toronto-based ABC Group Inc. to acquire a portfolio… Read more
Upper West Side MF Sells for $173M
Brooklyn-based Clipper Equity shelled out $172.5 million to acquire The Brewster, a 15-story, 140-unit multifamily building on New York City’s… Read more
Santa Monica Creative Campus Acquired for $400M
New York-based Brightstone Capital Partners and Los Angeles-based and Artisan Realty Advisors acquired Lantana Media Campus for reportedly $400 million.… Read more
Mesa West Originates $145M Loan on Chicago MF
Mesa West Capital originated $145 million in structured debt to recapitalize and stabilize 1000 South Clark, a 469-unit high-end apartment… Read more
HH Realty Acquires Brooklyn Funeral Home
Neiberg Midwood Chapel, a 75-year-old Jewish funeral home business in Brooklyn, was sold to HH Realty Equities for $6.8 million.… Read more
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