New York City
Meridian Arranges Refi on Net-Leased Portfolio of Medical Office, Retail Assets
Meridian Capital Group arranged $35.5 million to refinance the Hirschfield Portfolio containing 18 separate commercial properties in California, Colorado, Florida,… Read more
Demand for NYC Lab Space “Continues to Explode”
Life-science lab space has emerged as a coveted sector of commercial real estate, with New York City reaping the benefits, CBRE says in… Read more
Steiner NYC Restores Two Historic Navy Yard Buildings
As part of its new 696,000 square-foot Admirals Row mixed-use development, Steiner NYC has restored the historic 1850s Brooklyn Navy… Read more
Ventas to Acquire New Senior for $2.3B
Chicago-based Ventas, Inc. and New York City-based New Senior Investment Group Inc. have entered into a definitive merger agreement in… Read more
NYC Launches Competition for Climate Center on Governors Island
Mayor Bill de Blasio and The Trust for Governors Island on Monday launched a global competition to create a climate-focused… Read more
Stacom-Shanahan Duo Takes Top Honors at REBNY’s Ingenious Deal of the Year Awards
New York City commercial brokerage leaders honored the recipients of the Real Estate Board of New York (REBNY)’s Sales Brokers Most… Read more
Luxury Reseller Commits to 60K SF at Starrett-Lehigh Building
Fashionphile, the luxury reseller headquartered in California, will lease more than 60,000 square feet at RXR Realty’s Starrett-Lehigh Building in… Read more
Meridian Arranges CMBS Refi on Jamaica Retail
Meridian Capital Group recently arranged a $64-million refinancing for Jamaica Retail Center in Queens. The 10-year CMBS loan features full-term… Read more
Hines Tops Off Apartments at $1B MXU on Hudson Waterfront
Hines has topped off construction on NorthLight at Edge-on-Hudson has topped off. The new apartment community in Sleepy Hollow, NY… Read more
Convene Opens Its Largest Event Space at Willis Tower
Convene on Wednesday heralded the expansion of its physical meetings and event spaces with the opening of its largest one to date.… Read more
Partnership Plans Mixed-Use Tower Along Midtown’s Billionaires’ Row
A partnership between Alchemy-ABR Investment Partners and Cain International has completed the acquisition of 125 W. 57thSt. on Midtown’s Billionaire’s Row… Read more
NYC Retail Market Continues Adjustment a Year After Pandemic Hit
Asking retail rents throughout Manhattan have declined in 16 of the 17 key corridors, as the market continues to adjust… Read more
Global Gateways Are Poised for Housing Rebound, Some More Than Others
There’s no disputing that the pandemic disrupted life in gateway markets across the globe. The effects on housing markets have… Read more
Bridge Investment Group Launches Logistics Properties Platform
Bridge Investment Group LLC said Thursday it had launched Bridge Logistics Properties. The new platform aims to seek price dislocation,… Read more
Petros Completes Nation’s Largest C-PACE Financing at 111 Wall St.
Petros PACE Finance, LLC, the Austin-based provider of Commercial Property Assessed Clean Energy (C-PACE) financing, closed an $89-million transaction for 111 Wall… Read more
NYC Subway Ridership Reaches Highest One-Day Total Since Pandemic Began
The Metropolitan Transportation Authority (MTA) said Thursday that the New York City Subway system carried 2,516,027 customers on June 16, or 44%… Read more
Eastview Capital Launches Platform Geared to Small-Balance CRE
Eastview Capital, headquartered in Lower Manhattan’s Financial District, has launched an investment platform intended to allow investors an opportunity to… Read more
SKW, Bain Capital Launch Second JV Targeting Debt
SKW Funding and Bain Capital Credit LP have formed their second joint venture, which will target special situation loan originations… Read more
Madison International Takes Stake in London’s Salesforce Tower
New York City-based Madison International Realty has acquired a minority stake in the Salesforce Tower in London, through a Jersey Property Unit… Read more