The Real Deal A venture of Monadnock Development, the Sisters of Charity Housing Development Corp and the Master Group is planning to build a 360-unit affordable-housing project in Staten Island, NY The property is being planned for a vacant lot...
The Real Deal Zara Realty has secured $83 million of construction financing for the 223-unit apartment building at 153-10 88th Ave in Queens, NY Emigrant Bank and Arbor Realty Trust provided the debt, which was arranged by JLL Zara, a Queens...
Commercial Observer Harbor Group International has secured $558 million of financing to help fund its $760 million, or $87360/sf, purchase of 51 West 52nd St, an 870,000-square-foot office building in Manhattan Deutsche Bank and Goldman Sachs...
Commercial Observer CSRE has secured $32 million of financing to help fund the acquisition and conversion of a vacant 381-room Marriott hotel in Farmington, Conn, into a 225-room apartment property Kriss Capital provided the floating-rate loan,...
Real Estate NJ Peloton Interactive has signed a lease for 840,000 square feet at the 41 million-sf Linden Logistics Center in Linden, NJ, about 20 miles southwest of Manhattan A venture of Advance Realty Investors, Greek Development and PGIM Real...
Boston Business Journal Herb Chambers has agreed to pay $205 million, or $232,47/sf, for the 88,182-square-foot office building at 400 Mystic Ave in the Boston suburb of Medford, Mass The automobile dealership is buying the property from Eastern...
The Real Deal The Adoni Group has paid $192 million, or $61440/sf, for the 31,250-square-foot shopping center at 260 North Ave East in Westfield, NJ, about 20 miles southwest of Manhattan The New York investor bought the property from ACNY...
The Real Deal ZG Capital Partners has agreed to pay $40 million, or $49383/sf, for the 81,000-square-foot office building at 836 Broadway in Manhattan The New York investor is buying the property from an undisclosed seller that had owned it since...
Commercial Observer Greystone has originated $573 million of Fannie Mae financing against two affordable-housing properties with a combined 396 units in New York City It wrote a $45 million loan against the 331-unit West Farms Estates, at 1314 West...
The Real Deal Carlyle Group has paid $34 million, or $850,000/unit, for the 40-unit Knitting Factory Lofts in Brooklyn, NY The Washington, DC, investment manager bought the residential property from Freo Group, which had acquired it in January 2020...
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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