New York City
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
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
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
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
Praedium Acquires Moreno Valley Asset for $68.5M
New York City-based The Praedium Group acquired the Villas at Towngate Apartments in Moreno Valley for $68.5 million from Watermarke… Read more
Greystone Provides $52M Fannie Mae Loan
Real estate lending, investment and advisory company Greystone & Co. has provided two Fannie Mae DUS loans totaling $51.6 million… Read more
Mixed-Use Buchanan Sells to JV for $270M
Madison Realty Capital in New York City has partnered with San Antonio, TX-based USAA Real Estate Co. to acquire the… Read more
Cities With Best and Worst Commute Times
No matter where one may go, residents in every city complain about the time they spend in traffic. Trulia.com released… Read more
NYC Industrial Tenants Moving to North Jersey
New York City companies seeking out warehouse or industrial space are looking toward north and central New Jersey as options.… Read more
REIT Obtains $296M in Financing for NY Portfolio
SL Green Realty Corp, A REIT focused on acquiring and managing commercial real estate in New York City, has closed… Read more
NYC’s Finance Department Takes 175,000 SF at Former Verizon Building
New York City’s Department of Finance has reportedly struck an agreement with Sabey Data Centers to lease 175,000 sf at… Read more
GE Strategically Relocates Global HQ To Boston
General Electric Co. is moving its global headquarters to Boston, from Fairfield, CT and New York City, where the company says… Read more