New York City
Lightstone Secures $130M Financing for Latest Moxy Hotel Project
MSD Partners, L.P. and Lionheart Strategic Management LLC have closed on approximately $130 million in financing to the Lightstone Group to capitalize… Read more
JLL Arranges Sale of 160K-SF Power Center in Roswell
JLL has brokered the sale of Stonebridge Square, a 160,391-square-foot regional power center anchored by Kohl’s and Michaels in the… Read more
L&L, CXP Close on NYC’s Largest Construction Loan YTD
L&L Holding Company and Columbia Property Trust closed on $1.25 billion in construction financing for their office and retail redevelopment of the historic Terminal Warehouse in Manhattan’s… Read more
CP Group Snags Three-Building Office Campus in Charlotte
CP Group has acquired Harris Corners, a 370,000-square-foot office campus in Charlotte, for an undisclosed sum. The acquisition is a joint venture between CP Group and Siguler Guff, a New York… Read more
CBRE GI Names Head of Global Sustainability
Helen Gurfel has joined CBRE Global Investors as head of global sustainability and innovation, based in New York City. In… Read more
JV Breaks Ground on Spec Office Tower in Hudson Square
Hudson Square Properties, a joint venture of Trinity Church Wall Street and Norges Bank Investment Management with Hines as operating partner,… Read more
Longfellow Real Estate Taps Ben Sayles as Managing Director in Boston
Longfellow Real Estate Partners has tapped Ben Sayles as Managing Director for the Northeast. In his new role, Sayles will… Read more
Foxtrot Market Unveils Plans for National Expansion
Chicago-based Foxtrot Market, an upscale convenience store that began as a strictly digital merchant, announced expansion plans Tuesday that will… Read more
Taconic, Nuveen Close on Value-Add Fund
Taconic Partners and Nuveen Real Estate completed a $260-million fundraise for their jointly-sponsored value-add fund, New York City Property Fund II. The equity commitments,… Read more
EY Opens New U.S. Headquarters at Manhattan West
Ernst & Young is slated to formally opens its new U.S. headquarters Monday at Brookfield’s Manhattan West development. It will… Read more
Manhattan Retail Outlook Brightens but Fundamentals Continue Decline
Manhattan retail is getting a boost as retail employment and spending continue trending upward, but fundamentals continued deteriorating in the second quarter, according to… Read more
RockFarmer and Wildhorn Buy SoNA in First Austin Foray
New York City-based RockFarmer Properties and Austin-based Wildhorn Capital recently acquired SoNA Apartment Homes, a 164-residence garden-style multifamily development in… Read more
Revel Partners with Logical Buildings to Support Cleaner Grid
Brooklyn-based Revel, which provides charging infrastructure and shared electric vehicle fleets, is partnering with Logical Buildings’ GridRewards, a virtual power plant software, to… Read more
Biotech Firm Joins Tenant Roster at Alexandria Center
Biotech firm Immunai has inked a 12,288-square-foot office/laboratory lease at Alexandria Real Estate Equities’ Alexandria Center for Science and Technology, 430 E.… Read more
SVN | SFR JVs with Walton in Build-for-Rent Sector
SVN | SFR Capital Management, a New York City-based investment firm dedicated to the single-family build-for-rent (BFR) sector, and Phoenix-based Walton… Read more
Simplebet Relocating to ATCO Offices in Flatiron District
ATCO Properties & Management said Thursday that Simplebet will soon relocate its New York City headquarters to 373 Park Ave. South in the Flatiron District. The… Read more
Manhattan Office Availability Rate Ticks Downward as Q2 Ends
Manhattan second-quarter office leasing volume was virtually unchanged, quarter-over-quarter, according to Colliers. At 4.55 million square feet, Q2 2021 leasing volume… Read more
iStar Explores Sale of Its Net Lease Portfolio
iStar Inc. said Tuesday that it intends to explore market interest for possible sales of its net lease assets. The… Read more
Chicago Multifamily Rents Continue Growth Streak
Chicago apartment rents increased 2.5% during June, and increased by 1.5% in comparison to the year-ago period, Apartment List reported.… Read more