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Financing
Real Estate Roundup 12.27.19
December 27, 2019Real Estate Roundup Financing ZG Capital has secured a $44.8 million loan from Ladder Capital to close on its...
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PropTech
Japanese banks don’t love WeWork bailout
December 27, 2019SoftBank’s talks to secure $3 billion from Japan’s three biggest banks for WeWork have stalled as the lenders have...
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Acquisitions
McDonald’s sells 429 Seventh Avenue
December 27, 2019McDonald’s has sold 429 Seventh Avenue to an unknown buyer for $35 million. The three-story retail building...
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Financing
Greenland and Brodsky land financing for 18 Sixth Avenue
December 27, 2019Greenland Forest City Partners and the Brodsky Organization have secured a $460 million construction loan from a consortium led...
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Leasing
Real Estate Roundup 12.23.19
December 23, 2019Real Estate Roundup Leasing Hedge fund Pharo Management has signed a 14-and-a-half-year lease for 20,024 square feet on...
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Acquisitions
Kaufman acquires 40 West 25th Street
December 23, 2019Kaufman Organization and AXA Financial have secured a $76 million loan from MetLife to close on its $121.5 million...
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Financing
Real Estate Roundup
December 20, 2019Real Estate Roundup Financing Michael Shvo + Deutsche Finance + Bilgili Group have secured a $120 million...
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Financing
Blackstone lends to Industry City
December 20, 2019The ownership group behind Industry City has secured a $720 million loan package led by Blackstone,...
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PropTech
Weekly tech roundup
December 20, 2019Accel Robotics, one of a growing number of AI startups that’s setting out to enable automated...
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PropTech
Knotel looks like WeWork 2.0
January 22, 2020WeWork-competitor Knotel laid off a third of its NYC-focused staff last week. This comes after CEO Amol...
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Acquisitions
FBE acquires Gravesend site
January 22, 2020Abraham Fructhandler’s FBE Limited has acquired a development site along the South Brooklyn waterfront in Gravesend...
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Leasing
Real Estate Roundup 1.22.20
January 22, 2020Real Estate Roundup Acquisitions The Daten Group has closed on its acquisition of 540-554 Waverly Avenue...
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Acquisitions
TF Cornerstone buys 250 North 10th Street
January 22, 2020TF Cornerstone and Trinity Place Holdings have acquired 250 North 10th Street in Williamsburg from Nuveen Real Estate for...
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Politics
Politicians view REBNY as toxic
January 22, 2020While the biggest names in the industry continue to love Liar’s Ball, the power of the real...
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Acquisitions
Tokyo Trust buys 434 Broadway
January 22, 2020Minoru Machida’s Tokyo Trust and MC Real Estate Partners have acquired 434 Broadway in Soho from Savanna for $103.5 million. The nine-story...
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