New Jersey investor pays $154M for Chicago highrise
New Jersey based Strategic Properties of North America (SPNA) has partnered with South Korean investor Mirae Asset Daewoo to acquire a luxury Chicago apartment building
Tag : NKF
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
UBS funds $29M loan to refinance Walmart-anchored shopping center
Newmark Knight Frank has arranged a $29 million fixed-rate loan for the refinancing of the Naugatuck Shopping Center in Waterbury, Connecticut. The Newmark Knight Frank
Retail owners look for middle ground as national chains declare rent strike
New York’s property owners will have to work with their retail tenants to dig the city back out of its coronavirus blight. As national tenants
SELLING POINTS: Thor buys JC complex for $95M
● JLL Thor makes $95M life sciences investment in Jersey City Thor Equities Group has purchased a Jersey City property with plans to redevelop it
Industry adapts and evolves as city moves to quell virus spread
Two days after it opened, New York City’s newest skyline icon was forced to close under the full force of the global coronavirus pandemic. Related
NKF secures debt, equity for NC apartment deal
Newmark Knight Frank Multifamily (NKF) announced the financing of Hawthorne Six Forks, a 471-unit apartment community located in Raleigh, North Carolina. The buyer retained NKF
SELLING POINTS: Compass sells Mott Street retail condo
● ONE LIBERTY PROPERTIESREIT swaps retail for industrial Great Neck, NY-based One Liberty Properties has acquired two industrial properties for $28.3 million. The company also sold
Noodle restaurant will open on Sixth Avenue
Very Fresh Noodles is opening its first spot outside of an incubator space in Chelsea Market, having signed a lease at 980 Avenue of Americas.