New York City
Olshan Breaks Ground on Fourth Hotel at Columbus’ Easton Center
Olshan Properties broke ground on a 136-key Aloft Hotel at Easton Town Center in Columbus, OH. The new Aloft will become Olshan’s… Read more
Hartman Income REIT Snags 254K-SF Office Portfolio
Hartman Income REIT, operating under the name Hartman vREIT XXI Operating Partnership LP, acquired a three-building, value-add Houston office portfolio… Read more
Newly-Enacted Rent Cap Not Expected to Tarnish Golden State’s Apartment Sector
By Dennis Kaiser Rent control took center stage this week in California, with the passing of AB 1482. With that… Read more
How Long It Takes to Pay Off a Home in the 50 Biggest Metros
The cost of housing in the U.S. has reached excessive levels in recent years, making owning a home unattainable for… Read more
Walker & Dunlop’s Willy Walker: Lenders Are Remaining Disciplined
By Paul Bubny The recent expansion of Fannie Mae and Freddie Mac’s multifamily lending caps by Mark Calabria, the Federal… Read more
American Dream Mega-Mall Partners on Ferry Service from NYC
American Dream, the mega-mall in East Rutherford, NJ set to open later this month, partnered with NY Waterway to provide ferry-bus… Read more
SHVO, Bilgili, Deutsche JV Secures $190M Construction Financing for 9200 Wilshire
A JV led by New York City-based SHVO, Bilgili Group, and Deutsche Finance secured a $190 million construction loan to… Read more
WeWork’s IPO Misfire Casts “Shadow of Skepticism” on Manhattan Office
WeWork’s initial public offering that wasn’t, and the resulting “turmoil” within the company, will cast “a shadow of skepticism over… Read more
NYC Retail-Focused Investment Firm Sets Up Shop
Investment firm Sagamore Hill Partners LLC has launched, with a focus on retail real estate. Led by CIO Alex Janoff,… Read more
Treasury’s Daniel Kowalski to Speak at First Connect Opportunity Zones Conference
The U.S. Department of the Treasury has had a large influence on the Opportunity Zone program. After all, Treasury designated… Read more
110K-SF Former Denver Kmart Trades Ownership
Forum Real Estate Group acquired 2150 S. Monaco Pkwy. in Denver, the site of a former Kmart store. The Glendale,… Read more
NYC Grows Lead Over London as Global Financial Market
New York City widened its lead over London as the world’s leading financial market in the latest edition of the… Read more
Montessori School Fills Last Retail at Durst’s Via 57 West
Hopscotch Montessori School signed a 20-year lease for the last remaining retail space at the Durst Organization’s Via 57 West.… Read more
Meridian Arranges CMBS on York, PA Shopping Center
Meridian Capital Group, together with an affiliate of CBRE, arranged $9.8 million in acquisition financing for Two Guys Commons, an… Read more
RPA Urges “Fair and Effective” Congestion Pricing Plan for NYC
As New York State prepares to implement the nation’s first congestion pricing program by Jan. 1, 2021, the Regional Plan… Read more
SL Green’s Supertall One Vanderbilt Tops Out
Navillus Contracting wrapped up work on SL Green Realty Corporation’s One Vanderbilt by topping out the concrete superstructure for the… Read more
Meridian Arranges Acquisition Debt on Upstate NY Apts.
Meridian Capital Group arranged $57.2 million in acquisition financing for seven multifamily properties in Rochester, Syracuse and Albany, NY on… Read more
Lendlease’s Weldon Will Manage Chicago Pipeline
Lendlease has promoted Theodore T. Weldon III from SVP of development to executive general manager of development for Chicago. Weldon… Read more
Weeks Will Lead Development for Rockefeller Group
Veteran real estate executive Thomas Weeks will join Rockefeller Group in New York City as EVP and head of development,… Read more