Universal Music Group takes full floor at ESRTâs 250 West 57th in Midtown
Universal Music Group is taking a full floor at Empire State Realty Trustâs 250 West 57th Street in Midtown. The firm signed a 26,000 s/f … Continued
Category : Blog
IN PICTURES: Celebrate Flatiron Partnerships 2017
The Flatiron/23rd Street Partnership Business Improvement District held “Celebrate Flatiron Partnerships 2017” last Thursday. Attended by hundreds of neighborhood business owners, employees, and residents, the … Continued
RSAʼs Wanda Pearson on being a rare specimen as female CEO
Wanda Pearson attributes her standing in the commercial mortgage industry on sturdy cardiac muscles. âI always say, the brokerage business is not for the faint of heart,â she said. Pearson, the CEO of RSA Mortgage Brokerage, a three-year-old financial firm borne out of a partnership between affordable housing advocacy Housing Partnership and landlords group Rent â¦
Normandy Partners refinances 1 Independence Way in N.J. for $14.5M
Holliday Fenoglio Fowler announced the $14.5 million refinancing for 1 Independence Way, a 113,998 s/f office property in Princeton, New Jersey. The HFF team worked … Continued
Love Funding closes $13.5M bridge loan for Fairhaven Harbor Apartments
Love Funding, a subsidiary of Midland States Bancorp, Inc. and a provider of FHA multifamily, affordable and healthcare financing, announced the closing of a $13.5 million bridge loan for the construction and mini-permanent financing of Fairhaven Harbor Apartments, a market-rate community in Bellingham, Washington. Fairhaven Harbor will offer commercial space on the first floor of …
New shopping center REIT out to cash in on retail market tumult
ShopOne Centers REIT Inc. announced the formation and launch of its new platform, a private real estate investment trust (REIT) focused on acquiring, operating and … Continued
Steinbridge Group launches $425M single-family strategy in transition neighborhoods
Tawan Davis, CEO of real estate investment firm The Steinbridge Group, announced a $425 million initiative for the acquisition and refurbishment of single-family and small multifamily residences as rental housing in transitioning neighborhoods in major U.S. cities. The strategy focuses on middle-income family residences in close proximity to transportation and employment. Steinbridge recently launched the …
Florida firm to convert Jehovahâs Witnesses building into luxury senior housing
Florida private equity firm Kayne Anderson Real Estate Advisors has just acquired a residential property owned by the Jehovahâs Witnesses. Photo via Wikimapia Kayne, which … Continued
In Jersey City and elsewhere, landlords chase retail amenities with free rent
Adding value to tenants, be they residential or commercial, is key in today’s competitive world of high-end development in the New York City area. As … Continued
Ready Capital funds four project loans in Florida, Georgia, North Carolina
Ready Capital Structured Finance closed four non-recourse interest-only acquisition and renovation for $30.5 million. The Florida loan is for the acquisition, and conversion of an … Continued