Category : Featured

Seven-building Manhattan multi-housing portfolio trades for $44M
Deals & DealmakersFeatured

Seven-building Manhattan multi-housing portfolio trades for $44M

REW
by REW2964
JLL Capital Markets announced today that it has arranged the $44 million sale of a 134-unit multi-housing portfolio comprised of seven buildings located in key Manhattan neighborhoods. JLL marketed the package on behalf of the seller, a long-term private owner. The buyer was Aya Acquisitions, the investment firm founded Amir...
Greystone Provides $21.46 Million Fannie Mae DUS® Loan to Refinance a Multifamily Property in Herndon, Virginia
FeaturedResidential

Greystone Provides $21.46 Million Fannie Mae DUS® Loan to Refinance a Multifamily Property in Herndon, Virginia

REW
by REW1822
Greystone, a leading national commercial real estate finance company, has provided a $21,464,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 144-unit multifamily community in Herndon, Virginia. The transaction was originated by Cullen O’Grady, managing director in Greystone’s Rockville, MD office. Developed in 1964 and rehabbed in...
EPOCH Senior Living Joins with White Plains Mayor and County Executive for Grand Opening of Waterstone of Westchester 
EventsFeaturedResidential

EPOCH Senior Living Joins with White Plains Mayor and County Executive for Grand Opening of Waterstone of Westchester 

REW
by REW2587
Executives from EPOCH Senior Living and National Development joined with White Plains Mayor Tom Roach and Westchester County Executive George Latimer on June 8 to celebrate the Grand Opening of Waterstone of Westchester, an elegant boutique hotel-style community for seniors featuring 62+ independent living residences with best-in-class amenities and services. Located on...
Extell acquires Brooklyn development site for $86M
Deals & DealmakersFeatured

Extell acquires Brooklyn development site for $86M

REW
by REW2985
 JLL Capital Markets announced today that is has arranged the lease of a shovel-ready 450,000-square-foot development site at 356 Fulton St. in Downtown Brooklyn to Extell Development. JLL marketed the site on behalf of the seller, The Feil Organization. The buyer intends to develop a rental apartment project on the site...
RXR secures $105M to refinance Westchester apartment building
Debt & EquityFeatured

RXR secures $105M to refinance Westchester apartment building

REW
by REW12187
JLL Capital Markets announced that it has arranged $105 million in refinancing for RXR Realty’s 360 Huguenot, a 280-unit high-rise apartment building with ground-floor retail in downtown New Rochelle. JLL worked on behalf of RXR Realty, to arrange the refinancing through Rialto Capital Management. Completed in July 2019, 360 Huguenot is a...
The Pendulum Will Swing Back for NYC Retail
FeaturedViews

The Pendulum Will Swing Back for NYC Retail

James Nelson
by James Nelson5191
By James Nelson  Having come back from ICSC two weeks ago, I certainly have retail on the brain. That being said, I havebeen thinking a lot about NYC retail over the last year. In my mind, it is still one of the best contrarianplays here offering huge upside potential.  It...
Consumer Reports Opens First Manhattan Office at the Durst Organization’s 675 Third Avenue
Featured

Consumer Reports Opens First Manhattan Office at the Durst Organization’s 675 Third Avenue

REW
by REW3422
The Durst Organization today announced that Consumer Reports has signed a two-year lease for 8,189 square feet on the second floor of 675 Third Avenue.  675 is the nonprofit’s first Manhattan location, and the new satellite office will serve to establish a presence in Midtown Manhattan. Consumer Reports is headquartered...
$300 Million in Total Investment Represented at Paterson’s Great Falls Neighborhood Summit
Featured

$300 Million in Total Investment Represented at Paterson’s Great Falls Neighborhood Summit

REW
by REW2371
The New Jersey Community Development Corporation is hosting a neighborhood summit on Saturday, May 21st at 9:30am to highlight the roughly $300 million in ongoing and future developments in the Great Falls neighborhood of Paterson. The 10 developments and restoration projects to be presented will transform a historic corridor that...
Brookfield Properties, Park Tower Group announce grand opening and resident move-ins at mixed-income Waterfront Tower, The Bellslip
FeaturedResidential

Brookfield Properties, Park Tower Group announce grand opening and resident move-ins at mixed-income Waterfront Tower, The Bellslip

REW
by REW3894
Brookfield Properties, in joint partnership with Park Tower Group, today announced the grand opening and resident move-ins at The Bellslip, a 414-unit mixed-income residential tower on the Greenpoint waterfront. The Bellslip is the third of four residential projects the developers are partnering on within the larger 22-acre Greenpoint Landing master...
Taconic Capital Advisors Closes $500M Distressed and Opportunistic Real Estate Fund
Debt & EquityFeatured

Taconic Capital Advisors Closes $500M Distressed and Opportunistic Real Estate Fund

REW
by REW8629
Taconic Capital Advisors, a global institutional investment firm, announced that it has closed its third real estate fund, Taconic CRE Dislocation Onshore Fund lll (TCREDF III), with $500 million in capital commitments. The fund comprises investments from a diverse group of existing and new investors with flexibility to tap into an...