Commercial Observer Wells Fargo Bank has provided $185 million of financing against the 782,921-square-foot office building at 437 Madison Ave in Manhattan The loan allowed the property’s owner, a venture of the William Kaufman Organization...
Boston Business Journal Alexandria Real Estate Equities is buying the 405,000-square-foot Charles Park office complex in Cambridge, Mass, for $815 million, or about $2,012/sf The Pasadena, Calif, REIT is acquiring the property from a venture of...
Commercial Observer A venture of Cammeby’s International Group and Harbor Group International has agreed to pay $1 billion for a portfolio of 41 apartment properties with about 5,300 units in New Jersey It is buying the portfolio from a...
The Real Deal Vornado Realty Trust is offering for sale the 670,000-square-foot development site at 93-30 93rd St in Queens, NY The New York REIT has hired JLL to market the site, which could fetch about $85 million The site is best suited for a...
The Real Deal Apartment Income REIT is offering for sale a portfolio of 12 properties with a total of 556 units in Manhattan The Denver REIT has hired Cushman & Wakefield to market the portfolio, with an asking price of $250 million, or...
Commercial Observer Naftali Group has paid $71 million, or about $554,688/unit, for the 128-unit Eagle Court apartment property at 215 West 84th St in Manhattan JLL brokered the deal and arranged $46 million of acquisition financing from an...
New York Post A venture of Alchemy-ABR Investment Partners and Cain International has plans to develop a 185,000-square-foot office building at 125 West 57th St in Manhattan The site currently is home to the Calvary Baptist Church, which the venture...
Commercial Observer CTL Capital has provided $825 million of financing against the 500,000-square-foot Claremont Tower office property in Newark, NJ Walker & Dunlop arranged the loan, which has a 215-year term and a coupon that’s less than...
The Real Deal Colonnade Management has paid $192 million for the land beneath 909 Third Ave, a 134 million-square-foot office building in Manhattan The New York company bought the land, or fee interest, from 601W Cos, which had acquired it in 2004...
The Real Deal BLDG Management has filed plans to develop an 818-unit residential building in Queens, NY The property, at 42-02 Orchard St, will have a ground-floor retail component The development site sits along Jackson Avenue in the...
