Debt & EquityFeatured L&L inks $911M refi’ on 425 Park Avenue REW December 20, 2021 December 20, 2021 by REWDecember 20, 2021December 20, 202112446 Blackstone replaces original construction loan to cover the final stages of the project
Deals & DealmakersFeatured Blackstone to acquire Bluerock Residential for $3.6B REW December 20, 2021 December 20, 2021 by REWDecember 20, 2021December 20, 20213557 Bluerock is spinning off its single-family rental business of 3,400 homes ahead of buyout
Debt & EquityFeatured Athene to acquire Petros PACE Finance REW December 20, 2021 December 20, 2021 by REWDecember 20, 2021December 20, 20219668 Petros closed the largest-ever single C-PACE transaction and the first in New York City this year
Deals & DealmakersFeatured Cove, Baupost sell Hudson Commons for $1 billion REW December 20, 2021 December 20, 2021 by REWDecember 20, 2021December 20, 20214804 CBRE brokers trade to CommonWealth Partners
Deals & DealmakersFeatured SL Green inks 30,000 s/f lease at Worldwide Plaza REW December 20, 2021 December 20, 2021 by REWDecember 20, 2021December 20, 20212508 CBRE brokers lease for AMA Consulting Engineers
Deals & DealmakersFeatured EverWest adds $66M industrial portfolio to rapidly-growing NJ footprint REW December 17, 2021 December 17, 2021 by REWDecember 17, 2021December 17, 20212496 With the acquisition, EverWest has purchased nearly $200 million in tri-state industrial real estate in the past several months.
Debt & EquityFeatured HAP refinances Harlem portfolio with $77M Allegiant loan REW December 17, 2021 December 17, 2021 by REWDecember 17, 2021December 17, 202110201 This portfolio of buildings is home to almost 160 apartments and contains leased retail spaces
Deals & DealmakersFeatured GFP, Northwind close on $850M sale of 100 Pearl REW December 17, 2021 December 17, 2021 by REWDecember 17, 2021December 17, 20215516 The sale marks one of the largest office sales transactions to take place in New York since the beginning of the pandemic
Deals & DealmakersFeatured NYCHA inks another private developer repair deal for 42 Harlem buildings REW December 17, 2021 December 17, 2021 by REWDecember 17, 2021December 17, 20216552 Genesis Companies and Lemor Development will take over management of the Frederick E. Samuel Apartments and complete major renovations
Construction & DesignFeatured Industry mourns passing of architect Stephen B. Jacobs REW December 17, 2021 December 17, 2021 by REWDecember 17, 2021December 17, 20214484 Holocaust survivor rose to become one of New York’s most accomplished architects,