New York
Investcorp Spends $114M on Two MF Assets
Investcorp’s U.S.-based real estate arm acquired multifamily properties in Minnesota in two separate deals. The New York City-based Investcorp and… Read more
Blackstone Selling 1140 Avenue of the Americas
American Realty Capital New York City REIT (NYCR) has struck an agreement with Blackstone Real Estate Partners to acquire the… Read more
Bluerock Pays $54M for FL Multifamily
Bluerock Residential Growth REIT Inc., headquartered in New York City, acquired the 340-unit Alexan Henderson Beach Apartments from Trammell Crow… Read more
Partnership Snags NYC Land for $64M
A partnership consisting of Chance Gordey and Steve Mills acquired 1179 Second Ave., an L-shaped lot wrapping around the corner… Read more
Financing Found for Columbus MF
Hunt Mortgage Group, based in New York City, provided a $40 million Freddie Mac loan to finance the 301-unit Highpoint… Read more
Safanad Closes on $128M Assisted Living Buy
Safanad and partner Formation Capital have closed on their acquisition of nine assisted living facilities (ALF) in South Carolina. The… Read more
Chicago Post Office Under Contract – Again
The saga of Chicago’s abandoned Old Main post office continues. The property’s British owner, developer Bill Davies, has announced a… Read more
Seaport District Deal Closes for $390M
The $390 million commercial real estate transaction between Howard Hughes Corp. and Beijing-based China Oceanwide Holdings has closed. The real… Read more
Hampton Inn Sale Sets $58M Record
MR Hotels LLC has sold the 154-room Hampton Inn & Suites Nashville-Downtown to LCP Group LP of New York and… Read more
Partners Group to Build HQ in Denver Metro
Swiss company Partners Group has announced it will build its Americas operations headquarters campus in the Denver metro area, with… Read more
GuildNet Inks 38,000-SF Deal
GuildNet, the insurance affiliate of Lighthouse Guild International Inc., has leased the entire 10th floor and part of the 9th… Read more
WaterWalk Targets TX, CO for Development
Wichita, KS-based WaterWalk Hotel Apartments, a model that expands mostly through franchising, has signed a $150 million agreement with Rockford… Read more
Greystone Closes on Long Island Site
Greystone Development has paid $23 million to acquire acreage at 24-16 Queens Plaza South in Long Island City, Queens. The… Read more
Banking: Commercial & Industrial Charge-Off to Increase in ’16
A report released today by Kroll Bond Rating Agency (KBRA) in New York City indicates the banking industry is “entering a… Read more
Blackstone, Anbang Strike $6.5B Deal for Strategic Hotels
New York City-based Blackstone Group LP and Anbang Insurance Group Co. of China have reached an agreement for the sale… Read more
Kmart to Be Redeveloped as Health Center
RD Management LLC of New York City will begin an adaptive reuse project, converting a former Kmart in Latham, NY, to… Read more
May Meditation Be With Salesforce
Salesforce recently announced its plans to consolidate three New York offices into a NYC HQ at 3 Bryant Park in… Read more
Wessel Joins Pillar to Boost CMBS Team
New York-based Pillar is ramping up its CMBS originations operations by adding Brent Wessel, a CRE finance and conduit lending… Read more
Salesforce Makes Midtown Move into Bryant Park Tower
San Francisco-based Salesforce.com is raising its presence in New York by consolidating three Manhattan offices into a new regional headquarters… Read more