Deals & DealmakersFeatured MRA buys CT distribution center for $50M REW February 23, 2021 February 23, 2021 by REWFebruary 23, 2021February 23, 20213813 Clarion Partners provided equity for the venture
Construction & DesignFeatured Olayan earns preservation award for 550 Madison transformation REW February 23, 2021 February 23, 2021 by REWFebruary 23, 2021February 23, 20215316 The New York Landmarks Conservancy Chairman’s Award recognizes preservation of architectural legacy of iconic midtown tower
Deals & DealmakersFeatured REIT closes on $149M in net-lease investments REW February 23, 2021 February 23, 2021 by REWFebruary 23, 2021February 23, 20213461 WP Carey acquires four distribution facilities and seven auto dealerships in New Jersey and Pennsylvania.
Debt & EquityFeatured Parkview funds $61M loan for Gold Coast development REW February 22, 2021 February 22, 2021 by REWFebruary 22, 2021February 22, 20214632 Hongkun is developing a 282-unit property on the last developable parcel within the Port Imperial community
Debt & EquityFeatured Owners $1.3B behind on property tax payments REW February 22, 2021 February 22, 2021 by REWFebruary 22, 2021February 22, 20213963 Hotel properties have some of the highest delinquency rates among all property types
Deals & DealmakersFeatured CBRE acquires stake in flex-space provider Industrious REW February 22, 2021 February 22, 2021 by REWFebruary 22, 2021February 22, 20212833 CBRE’s Hana platform will be merged into Industrious, which has more than 100 locations in the US.
Construction & DesignFeatured Caspi tops out Tribeca hotel as sector scorns the virus REW February 22, 2021 February 22, 2021 by REWFebruary 22, 2021February 22, 20215606 An estimated 17,000 rooms in 110 new hotel developments are in the NYC pipleine over the next 12 to 18 months.
Construction & DesignFeatured Lorraine Grillo tapped as city’s Recovery Czar REW February 22, 2021 February 22, 2021 by REWFebruary 22, 2021February 22, 20215399 School construction boss to lead war room of city leaders tasked with reopening New York
Construction & DesignFeatured Port Authority taps Marvel to re-design Flushing Bay Promenade REW February 19, 2021 February 19, 2021 by REWFebruary 19, 2021February 19, 20213098 The top-to-bottom renovation is part of the LaGuardia AirTrain project.
Deals & DealmakersFeatured WHO’S NEWS: Latest appointments, promotions REW February 19, 2021 February 19, 2021 by REWFebruary 19, 2021February 19, 20214496 Marcus & Millichap bolsters capital markets division with three new hires; Avison Young New Jersey welcomes veteran project management team from Transwestern