New York
Walker & Dunlop Arranges $137M Acquisition Loan for Boston Multifamily
Walker & Dunlop, Inc. arranged $137,288,000 in acquisition financing for LUKA on the Common, a 398-unit, 30-story multifamily asset in downtown… Read more
Building Construction Active for Close to Half a Century, But What’s Being Built Differs
A report from StorageCafe, “Top Cities for Real Estate Development: Sunbelt Cities Dominate Growth Olympics for Nearly Half a Century,”… Read more
Durst Organization’s LIC Tower Recapitalized for $105M
Affinius Capital LLC closed on a $105-million investment to recapitalize Sven, a 958-unit multifamily property in Long Island City. The… Read more
Bloomberg: CRE Sales Market Coming Back to Life
With pricing down 19% from its 2022 peak, the U.S. commercial real estate sales market is starting to come back… Read more
Return to Lender: Week of Sept. 26, 2024
Join industry leaders at Connect Distressed Investment & Finance 2024 on October 22 in Los Angeles at the Luxe on Sunset. This event… Read more
Bridge Loan Enables Refi of Lexington Avenue Lots
ERG Commercial Real Estate brokered a $7.5-million bridge loan to allow the borrower, Skyland Management, to refinance existing debt on three adjoining vacant Manhattan… Read more
Mixed-Use Combines Industrial, Residential at Former Chocolate Syrup Factory
The Greenpoint Manufacturing and Design Center (GMDC), The Bridge and Mega Development held a ceremonial ribbon-cutting for the first new,… Read more
WinnCompanies Secures $35M Loan for Worcester Seniors Project
Affordable housing developer WinnCompanies LLC secured $35 million in financing from Rockland Trust for a project situated in Lincoln Square… Read more
Steve Cohen, Hard Rock Unveil Renderings of Proposed Queens Resort-Casino
New York Mets owner Steve Cohen and Hard Rock International on Wednesday unveiled new renderings of Metropolitan Park, the $8-billion… Read more
JT Magen, Gensler Build Out New Freshfields Space at 3 World Trade Center
National construction firm JT Magen and architecture and design firm Gensler have completed the fit-out of a new 180,000-square-foot office… Read more
$159M Refi Goes to Greenpoint Multifamily Tower
Newmark arranged a $159-million loan on behalf of Mack Real Estate Group, LLC and its partners, including the State Teachers Retirement… Read more
NAIOP Massachusetts Asks for Delay in Boston’s New Affordability Requirement
NAIOP Massachusetts has asked Boston officials to delay the Wu administration’s new affordability requirements for market-rate apartment and condominium projects,… Read more
Arte Museum Comes to NYC via Chelsea Piers Lease
Arte Museum has committed to a 51,979-square-foot space to house its immersive art exhibition at Chelsea Piers, marking its first foray into… Read more
Chicago-based NanoGraf to Build $175M Facility in MI
Chicago-based NanoGraf is planning to build a $175 million advanced manufacturing factory in Flint, Michigan, at the former Buick City… Read more
LoanCore Partners with Blue Arch, Lincoln on UES Medical Office
Real estate private equity firm Blue Arch, Lincoln Property Company and LoanCore Capital have formed a partnership for the ownership and… Read more
Berkadia Arranges $29M Recap of NJ Apartments
Berkadia JV Equity & Structured Capital, led by Noam Franklin, Cody Kirkpatrick, Chinmay Bhatt, and Matthew Tu, arranged $29 million in… Read more
Catholic Charities of NY Consolidates Manhattan Offices to 80 Maiden Lane
Catholic Charities of New York, one of the largest charitable organizations in the New York metropolitan area, signed a 77,130-square-foot… Read more
Longacre JV Acquires 24 NYC Multifamily Buildings for $180M
Longacre Asset Management, a joint venture between Peter Hungerford’s PH Realty Capital and David Kaye and Joe Listhaus’s Rockledge, closed on… Read more
Marx Realty Plans Luxury Train-Inspired Meeting Spaces at 10 Grand Central
Marx Realty, a New York-based nationwide owner, developer and manager of office, retail and multifamily property, revealed plans for an 11,000-square-foot… Read more