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Financing
Landlease and L+M land financing for 100 Claremont Avenue
June 26, 2020Lendlease and L+M Development Partners have secured $250 million in construction financing from Barings to finance their planned mixed-use project at...
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Financing
Alpha lands condo inventory loan for 200 East 59th Street
June 26, 2020Alpha Investment Partners and Centurion Real Estate Partners have secured a $204 million condo inventory loan from Singapore’s United...
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PropTech
Spigot opens for real estate tech funding
June 26, 2020Some life in the real estate tech venture scene: Serviced apartment startup Sonder has closed a $170 million...
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Politics
Congress calls on Fed to support CMBS market
June 24, 2020A bipartisan group of more than 100 members of Congress are calling on the Trump administration...
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Acquisitions
Kushner condo heads to foreclosure auction
June 24, 2020The massive retail condo owned by Kushner Companies at 229 West 43rd Street in Midtown Manhattan is headed...
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Roundup
Real Estate Roundup 6.24.20
June 24, 2020Real Estate Roundup: While offices were permitted to reopen on Monday, landlords said most of their tenants...
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Leasing
Valentino vs. Savitt Partners
June 24, 2020Retailer Valentino is asking the courts to immediately terminate its lease for its four-story location at 693 Fifth Avenue, according...
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Financing
SL Green lands Refi for News Building
June 24, 2020SL Green has secured $510 million in mortgage financing from Aareal Capital, Citi, and French lender Credit Agricole for its office...
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PropTech
How to lower property insurance premiums after COVID-19
June 22, 2020Guest Post by Alex Broome, VP, ReShield: Many commercial real estate (CRE) companies are feeling the...
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Roundup
Real Estate Roundup 7.10.20
July 10, 2020Real Estate Roundup: Lawsuits, bankruptcies, evictions In a new lawsuit filed Monday, Hidrock Properties alleges that...
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Leasing
Retail apocalypse has arrived
July 10, 2020The pandemic continues to expedite the shift from brick and mortar retail to e-commerce. Shopping mall...
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Leasing
Manhattan rents slide
July 10, 2020The number of apartments listed for rent in Manhattan reached record levels in June, as brokers remained unable to...
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Financing
Jack Resnick & Sons lands Refi
July 10, 2020Jack Resnick & Sons + Ruben Companies have secured a $100 million loan from PGIM Real Estate to refinance...
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Roundup
Real Estate Roundup 7.13.20
July 13, 2020Real Estate Roundup: Public pension funds invested in malls, apartments, and offices over the last decade...
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