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Emerald Creek Provides $61M Inventory Loan on LIC Condo...
NYC-based bridge lender Emerald Creek Capital has provided a $60,500,000 condominium inventory loan in Long Island City for an un...
Berkadia Adds Bluesuit’s Technology Platform
Berkadia said Monday it had acquired BlueSuit’s technology platform, an AI-driven data extraction solution, specific to commercia...
Industrial Real Estate Experts Weigh in on the Sector’s...
At the recent Connect Industrial Midwest 2023 conference in Rosemont, IL, the conversation both on and off the stage revolved aro...
F&B Tenant Signs for Space at Port Authority Bus Termin...
JRT Realty Group, Inc. and subconsultant MCCGUSA, Ltd. arranged a lease for retailer Gong Cha at the Port Authority of New York a...
Cook County Gives Metra $5M Toward Roseland Station Mod...
The Cook County Board of Commissioners has approved a $5-million allocation to Metra that’s intended to support a $38-million mod...
Seiden Law Firm Inks Office Renewal at 322 Eighth Ave. ...
Seiden Law LLP, a boutique New York law firm specializing in high stakes litigation and arbitration, has signed a new seven-year ...
Pebblebrook Trades Retail Portion of Westin Michigan Av...
Pebblebrook Hotel Trust said Monday that it closed on the sale of 909 N. Michigan Ave., a 5,860 square-foot, three-tenant high-st...
Evolent Eyes Further Downsizing of Loop Offices Followi...
Healthcare consultancy Evolent, which last year subleased about 25,000 square feet of its downtown Chicago office space to Cision...
Standard Communities Acquires $18M Canton Multifamily, ...
Los Angeles, CA-based Standard Communities, a national affordable housing investor and developer, has acquired Canton Estates Apa...
The RADCO Company Collects $97M for Two Atlanta-Area Co...
Atlanta, GA-based The RADCO Companies has sold multifamily properties the Crossings at McDonough in McDonough, GA and the Crossin...
Rush Plans $70M Outpatient Facility at Former Sears Sit...
Rush University System for Health on Monday announced plans for a new $70-million outpatient center at the former Sears site at N...
Excel Opens, Acquires Texas RV Resorts
Excel Commercial Real Estate opened Laurel Springs RV Resort, gated RV community located in Kingwood. The new facility has 226 RV...
New York Community Bancorp Acquires Signature Bank Asse...
New York Community Bancorp, Inc. said Monday it had acquired certain assets and assumed certain liabilities of Signature Bridge B...
MSquared Closes on $54M Lynnwood Multifamily Developmen...
New York-based women-owned real estate development and investment firm MSquared has closed on Kōz on Alderwood, a $54 million, 20...
Real Estate Roundtable Asks Feds to Implement Troubled ...
The Real Estate Roundtable has requested federal bank regulators to reestablish immediately a troubled debt restructuring (TDR) p...
LA County Pension Fund Invests $600M in CBRE Fund
The Los Angeles County Employees Retirement Association (LACERA) has approved the investment of up to $600 million of its pension...
Medford Shopping Center Trades for $6M
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Jackson Creek Center, an 85,000...
Hunters Point Housing Development Receives $6M Grant
New York-based development and investment firm Jonathan Rose Companies and non-profit senior advocate Bayview Hunters Point Multi...
MIG Sells Las Vegas Medical Campus for $27M
Newport Beach, CA-based real estate investment company MIG Real Estate LLC has completed the disposition of Pecos Plaza, a 124,00...
Hutto’s Townwest Commons May Be Home for Academy Sports...
Academy Sports + Outdoor is looking to build a 51,000 square foot store in Hutto’s booming Townwest Commons. A public filing indi...
Real Estate Developments May Soon See New Transport at ...
Getting where you want to go in an urban environment can test anyones nerves. North Texas transportation officials recognize that...
Latitude 33 Debuts Parking Expansion at CBX
The CBX, a 390-foot bridge spanning the US-Mexico border that exclusively serves passengers traveling through the rapidly-growing...
The Bulfinch Companies Signs Biotech Company to 43K SF ...
An affiliate of The Bulfinch Companies, Inc. has completed a new long-term lease with biotechnology company Evolved By Nature, In...
Bankrupt Austin Shopping Center Picked by CA-Based Firm
Stockdale Capital Partners, a Los Angeles-based, real estate investment firm, has acquired Arboretum Crossing in Austin located a...
Nuveen Real Estate, WMATA Agree on 90K-SF Industrial Le...
Landlord Nuveen Real Estate has signed a lease with The Washington Metropolitan Area Transit Authority for 90,473 square feet of ...
Atlanta Ends 2022 in Third for US Industrial Leases, Sa...
Demand for industrial and logistics warehousing space is driving an increase in megawarehouses, according to CBRE. The largest 10...
186K SF El Paso Wiring Plant Closing, Means 110 Jobs
The Sumitomo Electric Wiring Systems (SEWS) plant, located in the city of El Paso, is closing due to business reasons. The compan...
Las Vegas Formula 1 Racing Complex Construction to Bare...
The Formula 1 race promoters put out some flashy renderings of what the paddock and grandstands will look like for the big race i...
Northmarq Secures $21M Fannie Mae Refi for Winston-Sale...
Northmarq has provided a $20.8-million fixed-rate Fannie Mae financing for The Residences at Diamond Ridge, a 335-unit multifamil...
Las Vegas Formula 1 Racing Complex Construction to Bare...
The Formula 1 race promoters put out some flashy renderings of what the paddock and grandstands will look like for the big race i...
After 8-Year Hold, Unico Spins Off 4-Building Denver Pr...
Unico Properties held onto to four adjacent Denver commercial buildings for eight years before selling. Altus Properties has paid...
EagleBridge Capital Arranges $6M Construction/Perm Mort...
EagleBridge Capital has arranged a $6.1 construction/permanent mortgage financing for a long-term leased CVS Pharmacy to be locat...
Nominate a Rising Star for Connect CRE’s Seventh Annual...
Connect Commercial Real Estate’s sixth annual Next Generation Awards in 2022 put the spotlight on more than 100 of commercial rea...
Quantum Brokers Single-Tenant Medical Office Sale in Mi...
Quantum Real Estate Advisors, Inc. has brokered the sale of a freestanding medical office building located at 221 2nd Ave SW, Byr...
JLL Lines Up $58M Financing for Jersey City Multifamily
JLL Capital Markets arranged the $58-million refinancing for 3 Journal Square, a 240-unit, luxury, mid-rise apartment building lo...
LLCs Swap Ownership of Merrillville Retail Center
Marcus & Millichap closed the sale of Century Plaza, a 18,215-square foot retail property located in Merrillville, IN, within the...
RockFarmer Opens Queens’ First AI-Powered Parking Garag...
Queens-based developer RockFarmer Properties has opened Queens’ first AI-driven automated parking garage, located at the recently...
Lightfoot Administration Seeks to Spur Urban Agricultur...
Mayor Lori E. Lightfoot and the Chicago Department of Business Affairs and Consumer Protection (BACP) and partner agency Neighbor...
MaryAnne Gilmartin Talks Development and Team-Building ...
The Fordham Real Estate Institute (REI) hosted the latest event in its ongoing series, “She Builds,” recently week at the Lincoln...
Intralogistics Firm E80 Relocates U.S. Headquarters to ...
E80 Group is moving its U.S. headquarters to Chicago’s River North neighborhood from suburban Skokie, IL, according to the Chicag...
Adler & Stachenfeld Names New Chair of Real Estate Fina...
Real estate law firm Adler & Stachenfeld LLP (A&S) has promoted Ilya Leyvi to chair of the firm’s growing real estate finance pra...
WeWork Reaches Debt Restructuring Agreement with SoftBa...
WeWork Inc. said Friday it had entered into a series of agreements with an ad hoc group representing more than 60% of the company...
Clear Channel Outdoor Readies Digital Media Makeover at...
Clear Channel Outdoor Americas, the sole media provider for business and community partner messaging via the 500 W. Madison atriu...
Chicago Vying to Land Federal Biomedical Research Cente...
The Advanced Research Projects Agency for Health (ARPA-H), a new federal agency armed with $2.5 billion to work on biomedical inn...
Biltmore Apartment Tower Owners Land $248M Refi
Newmark arranged a $248-million refinancing of The Biltmore, a 464-unit luxury apartment building in Manhattan’s Midtown West sub...
U.S. Sale-Leaseback Volume Sets New Records
Total U.S. sale-leaseback volume of 874 unique transactions during 2022 exceeded the prior record volume of 789 in 2021, accordin...
Dewitt Carolina’s 1000 Social at $1B The Exchange Reach...
Real estate development firm Dewitt Carolinas, Inc. has pre-leased 50% of 1000 Social, the first of two twelve-story towers at it...
San Antonio to Toot Horn About $2.5B Airport Improvemen...
The City of San Antonio is going all in on the towns $2.5 billion airport improvement program. The Mayor and Council okayed $10 m...
Lingerfelt, Partners Group Acquire 1.2M-SF Industrial P...
Richmond, VA-based Lingerfelt, a real estate investment and asset management company, and private markets firm Partners Group, pr...
Balboa Retail Partners Acquires Hillsboro Shopping Mall
Newmark has arranged the sale of The Streets of Tanasbourne, a 372,000-square foot outdoor shopping mall in the Portland, OR subm...
SRS Completes $54M Sale of Ontario Retail Center
SRS Real Estate Partners’ Investment Property Group has completed the $54 million sale of New Haven Marketplace, a 95,000-square-...
BWE Investment Sales Hires Parker Kelly to Amp Up Manuf...
BWE Investment Sales, LLC., an affiliate of Bellwether Enterprise Real Estate Capital, LLC, has hired Atlanta, GA-based Parker Ke...
JLL Secures $84M Financing for West LA Project
JLL Capital Markets has arranged $84 million in construction financing for Overland and Ayres, a 201-unit multifamily community i...
Fox Unveils New Studio Lot Expansion in Century City
Fox Corporation has announced the expansion of its Century City, CA studios with the planned development of the FOX Future Studio...
Portland Approves Office-to-Home Conversion Incentives
Following months of discussions, the Portland City Council has approved code changes to make office-to-housing conversions easier...
Ride the Wave in North Texas
Pretty soon, The Colony will be one of the top surf spots in Texas. Fireside Surf, at 5772 Grandscape Boulevard, will be the spot...
Carlsbad 32K-SF Warehouse Trades for $12M
Colliers has brokered the $11.8 million sale of 2070 Las Palmas Drive, a 32,000-square-foot freestanding warehouse in Carlsbad, C...
CapRock Partners Closes on 131K-SF Warehouse in Phoenix
Newport Beach, CA-based industrial real estate investor and developer CapRock Partners has acquired 5810 W. Buckeye Rd., a 131,00...
Controversial Saratoga Housing Project Breaks Ground
A project in an affluent area, eased by the California state housing mandate, has broken ground in Saratoga, CA. Quito Village, a...
Hersh Equity Group Taps Hiffman National to Manage Tamp...
Hollywood, FL-based real estate investment firm Hersh Equity Group has retained Hiffman National to manage four Tampa-area assets...
Monte Lee-Wen Returns to CEO Position at Austin’s Casor...
Monte Lee-Wen is back at the controls of the Austin-based Casoro Group. The Casoro Group is a multifamily real estate investment ...
Enhanced Beaumont Oil Refinery Kicks In
ExxonMobil started up its Beaumont refinery expansion project, which adds 250,000 barrels per day of capacity to one of the large...
Final Phase to Add 158 Affordable Apartments to $110M G...
Pennrose, Redevelopment Authority of Prince George’s County, B&W Solutions, and SHABACH! Ministries have broken ground on Glenard...
Nitya Capital Spins Off 43-Building San Antonio Portfol...
Rosewood Realty Group has delivered a portfolio sale with 43 buildings and 492 residential units in San Antonio. Rosewood Realty ...
Drapac Capital Partners Closes $5M Land Sale in Nashvil...
Drapac Capital Partners, an Australian-based real estate investment firm, has sold the The Parks at Cane Ridge, a 238-lot residen...
Phoenix Luxury Hotel Sells for $110M
Host Hotels and Resorts has sold The Camby in Phoenix for $110 million, or nearly $400,000 a key. AZ Big Media has reported that ...
Jones Street Investment Partners Acquires 518-Unit Mult...
Boston, MA-based multifamily real estate investment firm Jones Street Investment Partners, LLC has purchased two-property, 518-un...
Hill Partners Pays $40M for Charlotte Upscale Retail Ce...
Charlotte, NC-based Hill Partners has acquired Specialty Shops SouthPark, a 65,362-square-foot, Class A retail development locate...
New Beach Resort, Airstrip Coming to Bolivar Beach
The Bolivar peninsula is popping. Last year, the Bolivar Beach Club and RV Resort opened up and soon, a 32 unit condo development...
Lument Adds Jennifer Athas to Real Estate Investment Sa...
Lument has hired of Boston, MA-based Jennifer Athas as managing director of real estate investment sales. She reports to COO Mike...
Heidenberg Properties Divests Hauppauge Retail Center
JLL Capital Markets has closed the sale of Hauppauge Plaza, a 34,919-square-foot, community-focused retail center on Long Island...
Rosewood Realty Brokers Deal for Clinton Hill Mixed-Use
Rosewood Realty Group has arranged the $2.452-million sale of a mixed-use building in Brooklyn’s Clinton Hill neighborhood. The f...
Mohr Capital Expands Indianapolis Logistics Park by Mor...
Mohr Capital recently added more than 800,000 square feet to Mohr Logistics Park, its master-planned industrial park in Whiteland...
CBRE Arranges Lease for Third Chicago-Area Signature Fi...
CBRE arranged a 37,000-square-foot retail anchor lease at Prairie Towne Center in Schaumburg, IL. Signature Fitness has signed a ...
ML Realty Partners Promotes Tim Geisler to SVP
Tim Geisler has been promoted to SVP from VP at ML Realty Partners. Geisler has been with the company for 15 years. “Tim has succ...
Amy Sands Joins RPT Realty as Head of Investments
RPT Realty has appointed Amy Sands as EVP, head of investments, effective May 8, 2023. She’ll be based in the company’s New York ...
Cushman & Wakefield, JRT Serve Up Shake Shack Lease at ...
Cushman & Wakefield and JRT Realty Group arranged a long-term, 3,380-square-foot lease with Vornado Realty Trust for Shake Shack ...
Brown Harris Stevens Signs Office Lease with Clarion Pa...
Clarion Partners, LLC and Kaufman Organization said that Brown Harris Stevens, a luxury residential real estate firm specializing...
XS Tennis Village CEO Plans Housing Complex in Bronzevi...
The founder and CEO of XS Tennis Village in Chicago wants to build an $11-million housing complex on vacant, city-owned land that...
Development Site for Fulton Market Lab Building Listed ...
Chicago developer Mark Goodman has hired CBRE to market a Fulton Market property at 400 N. Elizabeth St. to prospective investors...
City Council Enacts Ordinance to Boost Traffic Safety, ...
The Chicago City Council enacted the Smart Streets Pilots Ordinance, a new measure establishing two downtown pilot programs inten...
Anticipating the Debt Maturity Onslaught
Note: This is the first in a series of Weekender articles about debt maturities and their impact on commercial real estate. Over ...
SVB Collapse a “Wake-Up” Call to Proptech Investors and...
Venture capital protech firm MetaProp’s Global PropTech Confidence Index for 2H 2022 indicated a modest decline with investor sen...
Investigating Governance in ESG
In the March 11, 2023 Weekender edition, we published the first of two parts on the “Social” aspects of ESG. In this second artic...
NYC Employment Now at 99.4% of Pre-COVID Levels
New York City’s labor market continues to recover, as the private sector has added jobs for 12 consecutive months and the labor f...
Go Visit Your Healthcare Provider – At Dollar General?...
It’s common to see healthcare clinics in retail pharmacies. Walgreens boasts its many different walk-in clinics, primarily run by...
Homebuying Demand Inches Up as Mortgage Rates Drop Amid...
Although overall homebuying demand remains tepid, some buyers are returning to the market as mortgage rates decline from the four...
Bridge Targets 4M-SF of Development in California in 20...
Real estate operating company and investment manager Bridge Industrial has announced a development pipeline of nearly 4 million s...
MCA Realty Snags Auburn Business Park for $9M
Orange County, CA-based real estate investment and management company MCA Realty has acquired the Auburn Business Center, a 67,00...
Demolition Begins at Portland’s Historic Yamaguchi Hote...
Blanchet House, a nonprofit organization dedicated to helping people who are homeless or at risk of homelessness, has begun the d...
Alterra IOS Pays $17M for Rialto Outdoor Storage Facili...
Philadelphia-based AlterraIOS has purchased a 5-acre industrial outdoor storage property in Rialto, CA for $17 million. Located a...
SRS Completes Ground Lease Sale of OC Retail Property
SRS Real Estate Partners has represented La Caze Development in the $14.2 million ground lease sale of Lake Forest Marketplace, a...
TCC & CBREIM Debut 600K-SF Tracy Logistics Center
Developer Trammell Crow Company and JV partner CBRE Investment Management (CBREIM) have completed construction of Tracy 205 Logis...
MDH Buys Unfinished El Paso Industrial Park
The development is not scheduled to come on line until the fall, but that didn’t stop MDH Partners from acquiring the Loop 375 In...
Graymark Buys Thousand Oaks Office for Life Sciences Co...
Graymark Capital has acquired 120 Via Merida, a 99,000-square-foot office building in Thousand Oaks, CA. The San Francisco-based ...
San Antonio Industrial Building With Big Name Tenant C...
Tesla has well over a million square feet under lease in industrial buildings throughout Texas. One industrial project buyer must...
MMCC Arranges $4M in Financing for Vista Multifamily Co...
Marcus & Millichap Capital Corporation (MMCC) has arranged $4.3 million in acquisition financing for a 20-unit multifamily comple...
Bornbam Associates Acquires 28K-SF Flex Building in Wes...
Bornbam Associates, LLC has purchased a 28,000-square-foot industrial building along Route 9 at 80 Turnpike Road in Westborough, ...
JLL Property Management Wins The Plaza Coral Gables Ass...
JLL has been selected by Agave Holdings, LLC for property management services of all of The Plaza Coral Gables, a seven-acre mixe...
PMZ Secures Acquisition Loan for Austin Hotel
PMZ Realty has arranged acquisition financing for the Courtyard by Marriott Austin – University Area. The $20.75-million, non-rec...
D-FW Ranks 4th for Major Market Datacenter Leasing Acti...
Overall, the market had 44.3 megawatts (MW) of net absorption in 2022, an increase of 154.9% from 2021. The market’s absorption –...
Quality Inn Kennedy Space Center Draws 14 Offers before...
Jay Jagannath Hospitality, LLC, has purchased the recently renovated 117-room Quality Inn Kennedy Space Center by Choice Hotels l...
10-Story Denver-Area Office Sells for $25M
Legacy Real Estate Investments bought the 191,000 square foot office at 143 Union Blvd. in Denver-suburb Lakewood, from Granite P...
Austin’s Goodnight Ranch Secures Health Clinic, Grocer...
Austin Regional Clinic (ARC), which operates the area’s largest network of medical clinics, will bring health care services to Go...
Newmark Names Dallas-Based Chad Lavender President of N...
Chad Lavender has been named president of capital markets for Newmark Group’s operating businesses in North America. Based in Dal...
Atlanta Jumps One Spot to End 2022 in Eighth for US Off...
Atlanta landed six of the largest office leases in the US in 2022, according CBRE’s annual list of the top 100 US office leases. ...
Mercyhurst University hockey player pushing a disabled ...
Tags: wtf1864 points, 348 comments.
Kimco Looking to Add 760 Rental Units Near Phoenix’s C...
After sixty years, the Christown Spectrum Mall is still a magnet for development. Kimco, the owner and operator of the mall wants...
Madison International Realty Names Director of Strategi...
Real estate private equity firm Madison International Realty has promoted Yichao Mark to director of strategic investor solutions...
Cybersecurity Firm Commits to Flagship Office Space in ...
HUMAN Security, a cybersecurity company that safeguards enterprises and internet platforms, has signed a 13,809-square-foot lease...
Tishman Speyer Brings Le Botaniste Restaurant to Bryant...
Le Botaniste, an international restaurant serving plant-based cuisine, will open this Spring at Tishman Speyer’s 11 W. 42nd St. l...
Chase Properties Acquires Open-Air Wisconsin Retail wit...
Chase Properties, a Beachwood, OH-based owner and operator of shopping centers, has acquired Pine Tree Plaza, an open-air shoppin...
Blackhawks Strike Deal for Fifth Third Arena Expansion
The Chicago Blackhawks have struck a deal with Rush University Medical Center to acquire a seven-acre site next to the team’s Fif...
Evergreen Tops Off 80-Unit Seniors Apartments in Bellwo...
Evergreen Real Estate Group has topped off construction of bellwood Senior Apartments, an 80-unit affordable rental community loc...
Sterling Bay Reaches Structural Completion on Fulton Ma...
Sterling Bay’s 360 N Green, a new Fulton Market office building anchored by Boston Consulting Group, has reached structural compl...
Partner Valuation Advisors Expands with Advisory Leader...
Chicago-based Partner Valuation Advisors is expanding its U.S. presence in three regions with the addition of two commercial real...
EDEN Living Obtains $22M Construction Loan for BTR Proj...
EDEN Living has secured a $22 million from City National Bank to construct a 130-unit build-to-rent development on 15 acres in Wi...
Walker & Dunlop Closes $46M Refi for Four-Property Assi...
Walker & Dunlop, Inc. has closed a $46-million refinancing of Terrace Portfolio, a group of four assisted living facilities locat...
Valcre Adds Avison Young as Enterprise Client for Valua...
Valcre, a San Diego-based provider of valuation software for the commercial real estate industry, has advanced its expansion acro...
HP Hotels Acquired by Raines, Founder Becomes President...
Hoover, AL-based hotel management company HP Hotels has been acquired by Raines, a hotel development, management and investment c...
$900M Woodlawn Central Project Advances, Selects Transw...
The development team behind Woodlawn Central, an eight-acre, $895- million mixed-use mega-development in the Woodlawn neighborhoo...
Washington Property Company Gets $64M for Silver Spring...
Bethesda, MD-based Washington Property Company has sold Solaire Wheaton, a 232-unit multifamily property located in Silver Spring...
Cushman & Wakefield Releases 2023 DC BEPS Compliance Gu...
Cushman & Wakefield has made available its 2023 DC BEPS Compliance Guide, which was produced to help property management teams an...
NYC Life Science Leasing Reaches New Highs
2022 was a banner year for New York City’s life sciences market, CBRE reported. The market saw leasing total 455,000 square feet,...
Partner Names Justin Alexander as SVP in Seattle
Real estate valuation advisory company Partner Valuation Advisors is expanding its Pacific Northwest presence with the addition o...
Irvine Co. Proposes 4,500 Apartments at Six Irvine Site...
While the Orange County city of Huntington Beach is at odds with California’s housing mandate, another OC city is accepting its r...
Sage Buys Tacoma Motel, Plans Affordable Housing
A shuttered 142-room American Lodge Motel on South Hosmer Street has been acquired by Kirkland, WA-based Sage Investment Group fo...