New York
Houston Leads the Country in Imports — Again
The Houston area was ranked first in the U.S. for total goods exported last year, according to a Department of… Read more
BRT Snags Second MS Multifamily for $38M
BRT Realty Trust acquired its second multifamily property in Southaven, MS, a suburb of Memphis, TN. The New York REIT… Read more
NGKF Handles $30M Sale of Laguna Hills Office Asset
An affiliate of New York-based Angelo Gordon & Co. acquired Oakbrook Plaza, a 119,927-square-foot, multi-tenant office building in Laguna Hills,… Read more
Which U.S. Metros are Most Recession-Proof?
How resilient are the 10 biggest metro areas in the U.S., and how would they perform in the face of… Read more
AvalonBay Gets $147M for Nanuet, NY MF Sale
AvalonBay Communities Inc. sold the 504-unit eves Nanuet, located in Rockland County, NY. The joint venture buyer paid $147 million… Read more
One Liberty Pays $33M for TN Distribution Facility
One Liberty Properties Inc. acquired a 540,240-square-foot distribution center on nearly 43 acres in Lebanon, TN, a suburb of Nashville. The… Read more
ARC-Retail Centers of America Under Contract for $1.4B
New York-based American Finance Trust Inc. announced it will acquire American Realty Capital – Retail Centers of America Inc. for… Read more
Kimco Realty Acquires JV Interest for $170M
Kimco Realty, headquartered in New Hyde Park, NY, acquired the remaining 85% interest in a four-property, joint-venture portfolio. The retail… Read more
Penguin Random House Stays Put, Signs 603K-SF Lease Extension
Penguin Random House inked a long-term deal with landlord SL Green Realty Corp. to stay at its current location at… Read more
Enbridge to Pay $28B for Spectra Energy
Canadian pipeline company Enbridge Inc. entered into an agreement to buy Houston-based Spectra Energy Corp. in an all-stock deal valued… Read more
Castle Lanterra Makes Fourth Austin MF Purchase
Castle Lanterra, headquartered in New York, has made its fourth multifamily purchase in Austin, TX, snagging the 370-unit Arrangement apartment… Read more
NY Yankees Plan $1B Stadium Bond Refi
The New York Yankees will be refinancing the $1 billion in bonds issued to build its new stadium, which opened… Read more
Eliken Nabs 1.4M-SF Industrial in Corsicana, TX
Eliken Properties, an industrial real estate investment company acquired a 1.4-million-square-foot building in Corsicana, TX from California seller Hackman Capital… Read more
Financing Enables Construction on $400M Brooklyn Office
A venture led by Rubenstein Partners LP and Heritage Equity Partners obtained necessary financing for construction on 25 Kent Avenue in… Read more
McSam Spends $155M on Manhattan Hotels
McSam Hotel Group paid $155 million to Rockwood Capital for ownership rights of two Club Quarters hotels in Midtown Manhattan.… Read more
Qatar Invests $622M in Empire State Realty Trust
An affiliate of Qatar Investment Authority (QIA) acquired a 9.9% interest in Manhattan-based Empire State Realty Trust Inc. (ESRT) The… Read more
NY Developer Pursuing 35-Story Tower Atop Historic One Montgomery
New York-based 601W Cos. proposed a 35-story mixed-use tower atop an historic building at One Montgomery St. in San Francisco’s… Read more
Newmark Holdings Obtains $30M for 5-9 Union Square Refi
Amalgamated Bank has provided a $30 million loan to Newmark Holdings to refinance the 105,000-square-foot, mixed-use 5-9 Union Square West… Read more
New York REIT Inc. Announces Liquidation
Office and retail-property owner New York REIT Inc. announced it would undergo liquidation and dissolution. The real estate investment trust… Read more