New York City
Diamond Resorts Expands into NYC with Highgate Partnership
Apollo-owned timeshare operator Diamond Resorts is adding New York City to its 370-plus locations through a partnership with Highgate. The… Read more
City Renews Push for $2.7B BQX Streetcar Line
The de Blasio administration’s $2.7 billion plan to build the BQX streetcar route between Brooklyn and Queens is back on… Read more
Windy Hill Secures $106M Construction Loan for San Mateo Mixed Use
A joint venture led by Windy Hill Property Ventures has secured $106 million in financing for a mixed-use development currently… Read more
Examining Supply’s Effect on U.S. Self Storage Industry
New supply is continuing to depress U.S. self storage street rates, which dropped in around 75% of the top U.S.… Read more
Fairstead Completes Financing on 905 Affordable Units
Fairstead has completed the financing of a 905-unit portfolio of subsidized housing across nine properties totaling 49 buildings in New… Read more
Report: The Pros and Cons of Texas Cities’ Gentrification
When it comes to gentrification, most common examples are coastal cities, such as San Francisco and New York City. However,… Read more
$20M Refi for Garment District Offices, Retail
JLL Capital Markets arranged a $20 million refinancing for 16 W. 36th St., a 13-story, 67,271-square-foot office building with street-level retail. The group worked on… Read more
Quantum Brokers Melrose Park Retail Deal
Quantum Real Estate Advisors recently brokered the sale of a 138,203-square-foot multi-tenant retail shopping center in Melrose Park, IL, co-anchored… Read more
Partners Group Pays $212M to Acquire Biltmore Center
Partners Group acquired Biltmore Center, a 635,409-square-foot office campus in Phoenix. The New York City buyer paid $212 million to… Read more
Chain Stores Continue Shrinking NYC Footprints
The number of chain stores in New York City declined by 3.7% to 7,832 locations over the past year, the… Read more
Domain Communities Enters Austin, Buys 300-Unit Iron Rock Ranch
Domain Communities LLC, headquartered in Houston, made its first Austin buy with the 300-unit Iron Rock Ranch. The investor acquired… Read more
Colliers Bolsters NYC Capital Markets, Leasing Team
Andrew Jacobs has joined Colliers International’s New York City office as managing director within the capital markets team, while Jared Rutledge has been hired… Read more
ATCO Secures New Leases at Camp North End in Charlotte
ATCO Properties & Management, developer of Camp North End, in partnership with Shorenstein Properties, has secured three restaurant leases at… Read more
Kith to Anchor 25 Kent; Joins Apparel Firms Moving to Brooklyn
A newly-opened speculative office and industrial property on the Williamsburg waterfront that was once touted as a location for Amazon’s… Read more
Manhattan’s Still the Champ for NYC Office Deals
Manhattan still reigns when it comes to major office sales in New York City, Metro Manhattan Office Space reported. Forty… Read more
NYU Langone Opens Biotech Incubator in Hudson Square
NYU Langone Health BioLabs, along with city and state officials, cut the ribbon recently on what’s reportedly the largest biotechnology incubator… Read more
Cordish, FanDuel Partner on Casino Sports Betting
The Cordish Companies and FanDuel Group formed a strategic partnership to bring FanDuel’s fantasy and sports betting operations to Cordish’s… Read more
NYC Multifamily Sales Post Steep Year-Over-Year Drop
With the state’s new rent-control laws a strong contributing factor, New York City multifamily sales were down significantly in November… Read more
Safehold Closes on Ground Lease for 135 W. 50th
Safehold Inc. closed on its previously announced $285-million ground lease under the 929,000-square-foot office property at 135 West 50th St.… Read more