Real Estate NJ Claremont Development plans on building a 444-unit apartment property in Jersey City, NJ The 23-story building, at 619 Grove St, will have 5,600 square feet of ground-floor commercial space, 18,500 sf of indoor and outdoor amenity...
Commercial Observer Tritec Real Estate has secured $113 million of financing for the development of the 418-unit Bay Shore Residences apartment property in Bay Shore, NY Truist Financial Corp and Santander Bank provided the four-year, floating-rate...
Commercial Observer Atlas Capital Group has agreed to pay $506 million, or $555,434/unit, for Denizen Bushwick, a 911-unit apartment property in Brooklyn, NY The New York investor is buying the complex from All Year Holdings Ltd of New York An All...
Real Estate NJ Coltown Properties has sold a portfolio of 134 apartment units in Jersey City, NJ, for $215 million, or $160,448/unit West of Hudson Properties acquired the portfolio, which is comprised of buildings at 150 and 154 Belmont Ave,...
The Real Deal The Moinian Group has settled its lawsuit with the National Basketball Association over unpaid rent at 545 Fifth Ave in Manhattan The New York company, which owns the building, had filed the suit in June 2020, claiming the professional...
Boston Globe The 1,054-room Omni Boston Hotel at the Seaport opened last week A venture that includes Omni Hotels & Resorts, Davis Cos and Washington Capital Management developed the property at 450 Summer St It consists of two 22-story...
The Real Deal Timber Equities has filed plans to build a 60-unit apartment property at 5055 Broadway in Manhattan’s Inwood neighborhood The New York developer will set aside 25 percent of the units at the 11-story building for below-market...
The Real Deal A venture of CIM Group and L+M Development plans on building a 1,313-unit apartment complex in Manhattan The property, at 261 South St, will consist of two buildings connected at the base by a 14,500-square-foot community facility Its...
Commercial Observer A venture of LaSalle Investment Management and KPG Funds has agreed to pay $85 million, or $71429/sf, for two retail condominiums with a combined 119,000 square feet in Manhattan It is acquiring the space, at 155 Spring St and...
Boston Business Journal FoxRock Properties has filed plans to develop a 20-story mixed-use building in the Boston suburb of Quincy, Mass Plans for the project, at 37R and 86 Parkingway, include 200 apartment units, 150,000 square feet of office...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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