New York City
Lightstone Makes Hilton Garden Inn Buy in LIC
Lightstone has added to its New York City hospitality portfolio with the $60-million acquisition of the Hilton Garden Inn in… Read more
Knotel Closes on $70M Series B Round
Workspace provider Knotel has closed a $70-million Series B financing. The round was led by NKF and The Sapir Organization,… Read more
With Pfizer as Anchor, Tishman Speyer Will Begin Far West Tower
Tishman Speyer has secured $1.8 billion in construction financing from Blackstone Mortgage Trust (BXMT) and an anchor tenant in Pfizer… Read more
Food Halls Continue “Aggressive Expansion” Beyond the CBD
Call it the sharing economy for restaurant retail, as Cushman & Wakefield does. In its third report on the subject… Read more
Praedium Makes Apartment Buy in Minneapolis’ North Loop
The Praedium Group has acquired the newly-constructed Maverick North Loop Apartments in Minneapolis. It’s located within the city’s North Loop,… Read more
U.S.’s Oldest Real Estate Service Firm Joins CORFAC
Helmsley Spear, the oldest continuously operating real estate service firm in the United States, has joined the CORFAC global real… Read more
Medici Co-Living Space Coming to Chicago
Medici Living Group, which began its U.S. push with co-living locations in New York City and Los Angeles, has now… Read more
New York Hotel Occupancy Rises But Investment Sales Decline
New York City’s hotel occupancy rate climbed 120 basis points in 2017, well ahead of the 40-bp increase statewide, according… Read more
MTA’s Lhota: ‘Hold Us Accountable’ on Subway Overhaul
Metropolitan Transportation Authority chairman Joe Lhota charted the authority’s progress in addressing near-term and long-term issues with New York City’s… Read more
San Antonio: We’re No. 6! In Solar
An analysis issued by Environment America has placed San Antonio No. 6 for installed solar capacity in the United States.… Read more
CBRE Brokers Deal for Peter Lik’s First Chicago Gallery
CBRE’s Chicago office represented landlord GLL Real Estate Partners in what will be the first retail location in the city… Read more
KKR Mortgage REIT Finances West Side Multifamily
KKR Real Estate Finance Trust (KREF) capped an active March with an $86-million senior loan on a 186-unit New York… Read more
City, State Reach Accord on Subway Action Plan
New York City will put up half the $836 million to fund an emergency action plan that would address short-… Read more
316-Bed Dakota Ranch Sells to New York Buyer
Dakota Ranch, a 316-bed student housing property serving Texas State University, sold to Alden Street Capital, which is headquartered in… Read more
$53.5M Financing Arranged for Philly’s Pod Hotel Construction
Modus Hotels and the Parkway Corporation secured $53.5 million in financing for the construction of a Pod Hotel in Philadelphia,… Read more
ReadyCap Commercial Adds Chicago Presence
Small-balance lender ReadyCap Commercial has opened a bridge lending office in Chicago, hiring Mark Blaha as a director of originations… Read more
Rent Regulation Stays in Effect in NYC Until 2021
State-level rent regulation laws have been extended in New York City until April 1, 2021 under legislation signed into law… Read more
77 Units Trade in Rare Bulk Condo Sale Outside Manhattan
Cushman & Wakefield has arranged the bulk condominium sale of The Cambium, an upscale condo project in the Village of… Read more
Leasing in Gov’t, NFP Sector Hits Cyclical Peak
New York City’s not-for-profit and public sector reached a cyclical high for both leasing and sales activity in 2017, Cushman… Read more