Eastern Union secures $43M for growing multifamily client
Eastern Union Funding continued to forge its national footprint by arranging a $42.66 million acquisition loan for one of CityR Group’s biggest deals yet — … Continued
Category : Blog
Silverstein closes on $100M Mercedes deal
Larry SIlverstein has closed on his $100 million purchase of 530 West 41st Street on the West Side, three years after the deal went to … Continued
Big buys boost Bronx multifamily market to $2.4B
Bolstered by large multifamily portfolio transactions and several game-changing commercial and development deals, the dollar volume of investment sales in the Bronx rose above $2.39 billion, a 39 percent increase from the previous year.
With many affordable housing groups looking for housing and an increasing number of private developers looking to build new market rate housing, it is expected that demand for Bronx development sites will continue, further pushing up pricing.
New owners to keep Cushman & Wakefield on at 180 Maiden Lane
180 Maiden Lane Cushman & Wakefield will retain its leasing role at 180 Maiden Lane, a 41-story, class-A office building in Lower Manhattan. The tower … Continued
Gowanus gearing up to get a whole lot more popular
By Dan Orlando Brooklyn has spent this millennium redefining itself. No longer a supporting act to the main event that is Manhattan, the borough now … Continued
Mack-Cali welcomes global logistics firm
Mack-Cali Realty Corporation and its joint venture partner, The Praedium Group, announced that global transportation company Yang Ming Marine Transport Corporation signed a new lease … Continued
Columbia Property allies with L&L to bolster portfolio
Columbia Property Trust, Inc. announced a strategic alliance with L&L Holding Company, LLC, which owns and manages a six million square foot portfolio of Class-A … Continued
Revamped Penn Station tower attracting tenants
A Lee & Associates leasing team has filled 50,000 s/f at 875 Avenue of the Americas in the past six months. The firm’s New York … Continued
Swartz sticks his neck out for Giraffe
HKS Capital Partners negotiated a $39 million CMBS loan from CCRE for the refinance of the 72 room Flatiron boutique Giraffe Hotel on Park Ave … Continued
Stark adds Danbury space to expanding network
Stark Office Suites, which offers turn-key, flexible executive offices and virtual office services, has added another location to its roster. Stark has acquired the assets … Continued