Category : Blog

Blog

Trader Joe’s to open at City Point in Downtown Brooklyn

REW Staff
Co-developers of Brooklyn’s largest mixed-use development City Point, Acadia Realty Trust (Acadia) and Washington Square Partners (Washington Square),  announced that Trader Joe’s, the neighborhood grocery store, … Continued
Blog

Angelic arranges $21M for medical center

REW Staff
Angelic Real Estate and CGA Capital have completed a $21.5 million financing for certain portions of the new Presence St. Joseph Ambulatory Care Center in … Continued
Blog

Industry mourns loss of John Gols

REW Staff
ABS Real Estate executive John Gols has died at the age of 82. Know in the commercial real estate industry as a true gentleman, Mr … Continued
Blog

Lee & Associates marketing Edgewater development site

REW Staff
Lee & Associates, New Jersey,  is handling the offering for the property at 4201 Route 130 in Edgewater Park, NJ, a township in Burlington County … Continued
Blog

Cushman secures developerʼs $526M construction loan

REW
Cushman & Wakefield has represented Kemper Development Company in arranging a $526 million construction-to-permanent loan for the 1.5 million-square-foot expansion of the Bellevue Collection known as Lincoln Square Expansion in Bellevue, Washington. Financing was provided by an affiliate of CPPIB Credit Investments Inc. (CPPIB Credit), a wholly owned subsidiary of...
NBPA relocates 50,000 s/f headquarters to Durstʼs 1133 Sixth
Blog

NBPA relocates 50,000 s/f headquarters to Durstʼs 1133 Sixth

REW
The Durst Organization announced that the National Basketball Players Association (NBPA) has a signed 20 year lease for 47,294 s/f on the entire 5th floor and partial 6th floor of 1133 Avenue of the Americas. The 5th floor includes over 9,000 s/f of column-free double height space with 24 ft....
Blog

Compass residential brokerage raises $50M for US expansion

REW Staff
Compass, a technology-driven real estate platform, has closed a $50 million funding round, led by Institutional Venture Partners (IVP). The funding brings Compass’s total capital … Continued
Love refinances portfolio of nursing facilities
Blog

Love refinances portfolio of nursing facilities

REW Staff
Love Funding announced the closing of six loans totaling $46.3 million for the refinancing of a portfolio of skilled nursing facilities in Ohio. Senior director Robert Smallwood of Love Funding’s Cleveland office secured the loans through the U.S. Department of Housing and Urban Development’s LEAN loan insurance program. The non-recourse nature of the program enables …
Blog

Mack-Cali shifts focus to New Jersey waterfront

REW Staff
Mack-Cali Realty Corporation, one of the biggest REITs in NYC, announced a major shift in the company’s business initiative, choosing to focus its future squarely … Continued