Category : Blog

Peckar & Abramson, P.C. (P&A) announced that Warren E. Friedman and Jesse S. Keene have been elevated to the firm’s Partnership. The firm also announced … Continued

SL Green has secured a $450 million loan for 485 Lexington Avenue in Midtown. Photo via SL Green’s website According to Commercial Mortgage Alert, the … Continued

Broadstone Real Estate announced the passing of co-founder and senior advisor Norman Leenhouts, known to his colleagues and friends affectionately as “Norm.” He passed away … Continued

Transwestern  has been retained by Sumitomo Corporation of Americas to provide leasing services for two Class A office assets totaling more than 1.5 million square feet. The two properties were recently acquired by Sumitomo for a combined total value of $442.5 million. “We have a long-standing, trusted and successful relationship with Sumitomo and worked to …

Colliers International has purchased The Walker Companies in a move to bolster its industrial and logistics site selection and location capabilities. The new solution includes … Continued

RM Capital Management has arranged $57,500,000 of first mortgage and mezzanine construction financing for the redevelopment of the Tammany Hall Building on behalf of Reading … Continued

J.C. Penney has sold its Plano corporate headquarters to a Dallas-based investment group for $353 million. The retail giant announced that Dreien Opportunity Partners, LLC, general partner of Silos Opportunity Partners, LP, was the buyer. J.C. Penney said it will lease back approximately 65 percent of the building, leaving the remaining square footage available for …

Holliday Fenoglio Fowler, L.P. announced today that it has secured $162 million in financing for a 13-building industrial portfolio totaling 2.67 million square feet in … Continued

New York City collected $20.4 billion in taxes from the real estate industry in 2016, enough to pay the salaries of all teachers, police officers, … Continued

Gensler, the global design firm, has relocated its 600+ employees to 1700 Broadway after more than 25 years in Rockefeller Center. Gensler’s designers converted the … Continued