New York City
MSCI to Acquire Real Capital Analytics for $950M
MSCI Inc. said Monday it had entered into a definitive agreement to acquire Real Capital Analytics (RCA) for $950 million… Read more
Camber Acquires Harlem Complex, Adds Affordability Protection
Camber Property Group completed the $30-million acquisition of The Johanna Apartments, a 60-unit, 100% Section 8 property across four buildings on… Read more
HQ @First Provides Hefty Profit in Recent Sale
HQ @First was recently acquired by an affiliate of New York City-based KKR for $535 million. KKR obtained a $408… Read more
NYC Multifamily Sales Post 57% Increase Y-O-Y
The New York City multifamily investment sales market experienced an uptick in activity during the second quarter of 2021, Ariel… Read more
Carlyle Adds Full Floor to One Vanderbilt Tenancy
JLL has completed a transaction with global investment firm Carlyle and SL Green Realty Corp. enabling Carlyle to expand into a full floor of 33,924 square feet at One Vanderbilt. The transaction expands Carlyle’s presence in… Read more
BioBAT Space Will Expand at Brooklyn Army Terminal
New York City Economic Development Corporation (NYCEDC) is making a $50-million investment in life sciences at BioBAT to expand the lab space… Read more
Lee NYC Markets Plaza District Office for Long-Term Leasehold
Lee & Associates NYC is marketing for long-term leasehold 661 Lexington Ave., a roughly 35,000-square-foot office building in the Plaza District within Midtown… Read more
Savanna Completes Energy Upgrades at One Court Square
Savanna completed an energy efficiency initiative at One Court Square in Long Island City, which results in an annual energy… Read more
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