CIT, BlackRock fund $163M loan for Arden industrial acquisition
Real estate fund manager Arden Group has secured a $163 million loan to fund its acquisition of a 12-asset industrial portfolio. The floating-rate loan was
Tag : blackrock
BlackRock balancing America’s economy on its back
BlackRock, the world’s largest asset manager, has been put in charge of running a new credit facility set up to help large New York employers
Millionaires tell Cuomo to take their money
A group of New York millionaires are asking Governor Andrew Cuomo to take their money to help fill the state’s budget gap. On Monday, a
A decade on, investors continue to fight over Stuy Town billions
A decade after the cityʼs most infamous apartment deal collapsed, investors are still fighting over the money lost and won in Stuyvesant Town. The New
Landlords enduring love-hate relationship with co-working
Flexible office leasing is a top-heavy industry in the U.S., with the top 10 companies controlling more than a third of the square footage nationwide.
BlackRock signs deal to anchor 50 Hudson Yards
Related Companies and Oxford Properties Group this morning unveiled the design for 50 Hudson Yards with news that investment giant BlackRock will anchor the city’s newest trophy
SL Green sells 49% stake in 400 East 57th Street to Blackrock unit
SL Green sold a 49 percent stake in rental building Stonehenge57 to a unit of investment management firm Blackrock. The transaction, which essentially forms a
GreenOak pays $163M for Met Tower commercial condo
GreenOak Realty has purchased a commercial condo unit at the Met Tower in Midtown for $163 million, according to city records. Developed by Macklowe Properties
Bank of America sells $87B fund business to BlackRock
In one of the largest deals in money market history, Bank of America is selling its $87 billion managed funds business to BlackRock. Under the