Category : Blog

Merchants Capital New York Provides $104MM+ for Historic Affordable Property in Harlem, New York
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Merchants Capital New York Provides $104MM+ for Historic Affordable Property in Harlem, New York

REW
The New York office of leading financial services provider  Merchants Capital today announces it has provided more than $104 million in financing for Harlem River Houses and the adjacent Harlem River II Campus, collectively known as Harlem River Houses I and II. The New York City Housing Authority (NYCHA) property dates...
GFP Real Estate Inks 11 New Leases at 230 Fifth Ave. Totaling Over 15,000 Square Feet; Home Textile Market Center Now 95% Leased
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GFP Real Estate Inks 11 New Leases at 230 Fifth Ave. Totaling Over 15,000 Square Feet; Home Textile Market Center Now 95% Leased

REW
GFP Real Estate, LLC is pleased to announce 11 new lease transactions totaling 15,525 square feet at the Flatiron District’s 230 Fifth Ave., also known as the New York Market Center. The specialty showroom buildingis the New York hub of the Home Textiles Industry,  home to over 140 luxury home fashion...
ACRES Originates $73.375 Million Loan for Reflection Condominiums in St. Petersburg, Fla.
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ACRES Originates $73.375 Million Loan for Reflection Condominiums in St. Petersburg, Fla.

REW
ACRES Capital Corp. (together with its subsidiaries, “ACRES”), a leading commercial real estate middle-market lender, has originated a $73.375 million loan to fund the development of Reflection Condominiums (the “Property”) in St. Petersburg, Florida. Located on a .70-acre site in downtown St. Petersburg along Pinellas County’s southeast coast, the proposed development...
Northeast Private Client Group® and Bradley Balletto Win 2021 CoStar Power Broker Awards
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Northeast Private Client Group® and Bradley Balletto Win 2021 CoStar Power Broker Awards

REW
Northeast Private Client Group® has been awarded the Power Broker Top Sales Firm designation for the 9th year by CoStar Group, Inc, the data/analytics leader of the commercial real estate industry. The annual award recognizes professionals and firms with the highest commercial real estate transaction volume in their respective markets. The firm takes...
citizenM Announces New Venture into the Metaverse
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citizenM Announces New Venture into the Metaverse

REW
citizenM – the pioneer of affordable luxury hotels – today announced it will acquire a LAND site in The Sandbox, a leading decentralized gaming virtual world and a subsidiary of Animoca Brands, to begin building a hotel in the Metaverse. This endeavor signifies a new movement in hospitality, as citizenM...
Ferguson Partners announces Gemma Burgess as CEO
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Ferguson Partners announces Gemma Burgess as CEO

REW
Ferguson Partners, the leading talent management and strategic advisory firm for the global real assets industries, is pleased to announce that Gemma Burgess has been named Chief Executive Officer, effective June 1. Burgess has over 15 years of global leadership experience and brings a vision for 2022 and beyond, which...
RAL Development Signs Sigma Computing at Zero Irving
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RAL Development Signs Sigma Computing at Zero Irving

REW
Real estate development firm RAL Development Services (RAL) announced they have signed leading business data analytics software company Sigma Computing Inc (Sigma) to Zero Irving. The company signed a 5-year, 15,500-square-foot, Class-A office space lease on the ninth floor of the building. Midtown South’s newest top-tier office building was developed by RAL in...
Newmark Completes $145 Million Sale of San Diego Office Portfolio with Life Science Redevelopment Potential
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Newmark Completes $145 Million Sale of San Diego Office Portfolio with Life Science Redevelopment Potential

REW
Newmark 1 announces it has completed the $145 million sale of the Governor Park Portfolio, two office buildings with life sciences redevelopment potential located at 6200 and 6220 Greenwich Drive in San Diego, California. Newmark Co-Head of U.S. Capital Markets Kevin Shannon and Executive Managing Directors Brunson Howard, Paul Jones...
Newmark Completes $145 Million Sale of San Diego Office Portfolio with Life Science Redevelopment Potential
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Newmark Completes $145 Million Sale of San Diego Office Portfolio with Life Science Redevelopment Potential

REW
Newmark 1 announces it has completed the $145 million sale of the Governor Park Portfolio, two office buildings with life sciences redevelopment potential located at 6200 and 6220 Greenwich Drive in San Diego, California. Newmark Co-Head of U.S. Capital Markets Kevin Shannon and Executive Managing Directors Brunson Howard, Paul Jones...
NEXPE launches as a new real estate platform in Brazilian market
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NEXPE launches as a new real estate platform in Brazilian market

REW
A new platform emerges in the Brazilian real estate market. NEXPE is the result of bringing together six well-established brands Brasil Brokers, CrediMorar, Desenrola, Abyara, Bamberg and Convivera, now powered by shared technology. NEXPE has been created to address the challenges of the customer experience in the real estate market,...