New York City
CBRE Raises Forecast for Hotel Sector in NYC and Nationally
CBRE is raising its forecasts of hotel performance for 2022 and beyond, based on first-quarter strength, continued slowing of construction… Read more
KPG Funds Hires 15-Year Veteran as Senior Controller
KPG Funds has hired Joshua Bankhead as senior controller to support the company’s goal of managing and developing more than… Read more
Handler Brings 561 Seventh Ave. To Full Occupancy
Handler Real Estate Organization has completed four new office transactions at 561 Seventh Ave., bringing the boutique office property to… Read more
Adams Unveils Plan to Revitalize Hunts Point Neighborhood
New York City Mayor Eric Adams and community leaders have released a plan to revitalize the South Bronx’s Hunts Point… Read more
Walker & Dunlop Arranges $162M for Completion of Mandarin Oriental Residences Fifth Ave.
Walker & Dunlop, Inc. has arranged $162.4 million in construction financing for Mandarin Oriental Residences, Fifth Avenue, New York City’s… Read more
Adams Lays Out Plan to Tackle NYC’s Affordability Crisis
New York City Mayor Eric Adams on Tuesday released Housing Our Neighbors: A Blueprint for Housing and Homelessness, a plan… Read more
Prosek Partners Makes Headquarters Move to 28 E. 28th
George Comfort & Sons, Inc. and its partners, Jamestown and Loeb Partners Realty, have signed Prosek Partners to a 34,000-square-foot office… Read more
Hudson Realty Capital Launches Healthcare Lending Platform
New York City-based Hudson Realty Capital has launched a healthcare bridge lending platform that will focus on skilled nursing, independent… Read more
Parkview Furnishes Construction Financing to REEC
Parkview Financial provided a $70-million loan to Real Estate Equities Corporation (REEC) for the refinance and construction of a nine-story, 61,513-square-foot Class… Read more
Retail REIT Simon Details Expansion at its Woodbury Premium Outlets
Pioneering retail REIT Simon is commencing the fifth phase of expansion at its world-famous and industry-leading Woodbury Common Premium Outlets,… Read more
1 Hotel Austin to Anchor Soon-To-Be State’s Tallest Building
1 Hotel Austin is just starting construction at Waller Creek and Lady Bird Lake. The 98 Red River 74-story tower… Read more
Hines Taps John “Fordy” Gates for Industrial Investments
Hines has expanded its Midwest industrial team with the appointment of John “Fordy” Gates as director. In his new role,… Read more
Hochul Signs Legislation to Convert Underused Hotels to Housing
New York Gov. Kathy Hochul on Tuesday signed new legislation (S.4937C/A.6262B) to create more flexible rules for converting underutilized hotel… Read more
OHT Partners Unloads Houston Multifamily Community
New York City-based Praedium Group acquired the property. The Lenox Clear Lake is a 380-unit garden-style complex located within walking… Read more
NY Tri-State Industrial Real Estate Sets New Sales Records
Total New York Tri-State industrial real estate investment volume of $5.24 billion in the fourth quarter of 2021 brought the… Read more
Ashcroft Forges Multifamily Partnership with Goldman, Blackstone Funds
New York City-based multifamily investment firm Ashcroft Capital has closed on a strategic partnership with institutional investors including investment funds… Read more
RIPCO Taps Jack Chera as Executive Managing Director
RIPCO Real Estate has hired Jack Chera as executive managing director for the firm’s Long Island and New York City markets.… Read more
NYC Metro Area Leads U.S. for Life Sciences Jobs
The New York City metro area leads the nation for life sciences growth, according to a report issued Thursday by… Read more
Comptroller DiNapoli: NYC Lags State, U.S. in Jobs Recovery
New York City lags behind the rest of the state and nation in regaining the jobs lost from the onset… Read more