Ares funds $148M loan for Mack-Cali portfolio buy
JLL Capital Markets aarranged $147.72 million in financing for a 10-property office portfolio totaling 1.5 million square feet in Morris County, New Jersey. JLL worked
Category : Featured
Developers binge on building new movie studios
Developer Parviz Farahzad has struck a finance deal for a new film studio on Long Island as demand for movie and television content surges. With
Madison International Realty leases bigger office from Tishman Speyer
Madison International Realty and CBRE announced that Madison, a leading real estate private equity firm, has signed a 12-year lease with Tishman Speyer for 25,000 s/f
CPC announces $20M lending line for minority developers
One of New York’s biggest real estate lenders has $20 million to give away to minority developers. The Community Preservation Corporation (CPC) just announced that
Brokerage inks new HQ deal, plans to hire 30 brokers
Tri State Commercial Realty, a New York brokerage firm founded in 2014 and run by Shlomi Bagdadi, is looking to hire 30 new brokers at
DOL to pay extra six weeks of COVID unemployment benefits
The New York State Department of Labor today announced that New York has paid nearly $1.9 billion in Lost Wages Assistance (LWA) benefits to 2.26
Nightingale, Wafra shopping for $860M loan to create post-COVID super-office
Frequent partners, Nightingale Properties and Wafra Capital Partners (WCP) are seeking a redevelopment loan to fund the renovation and modernization of 111 Wall Street, a 25-story waterfront office
Landlords call for drastic measures as vacancy climbs to over 12 percent
New York City landlords are proposing a rent forgiveness program and reintroduction of preferential rents to help them – and their tenants – survive the
Wendy Silverstein forms new debt workout firm
Real estate diversity advocate and debt specialist Wendy Silverstein has formed a new advisory firm with fellow Citibank alumni, Ed Alder. Silver Eagle Advisory Group
Oxford makes $360M cold storage investment
Oxford Properties Group has made a $360 million investment into Lineage Logistics, one of the world’s largest providers of temperature-controlled logistics solutions. The transaction will