Crain’s New York Business Hilton has paid $1356 million, or $842,236/room, for the 161-room Central at 5th by Hilton Club time-share hotel property in midtown Manhattan The McLean, Va, company bought the property, at 12 East 48th St, from 54...
Commercial Real Estate Direct Staff Report Office leasing activity in Manhattan totaled 443 million square feet in January, according to Colliers, marking the borough’s strongest month of leasing activity since December 2019 But the volume was...
Commercial Property Executive Sony Pictures Entertainment has agreed to lease 225,239 square feet of office space at Wilshire Courtyard, a two-building office property with 1 million sf in Los Angeles The entertainment company was represented by...
Commercial Real Estate Direct Staff Report Camden Property Trust’s portfolio of 172 apartment properties with 58,702 units, primarily in the country’s Sunbelt region, saw its occupancy rate decline to 958 percent in the fourth quarter...
Crain’s New York Business Wells Fargo Bank has provided $418 million and PNC Bank has provided $307 million of financing for a pair of apartment properties with a total 1,386 units in Queens, NY TF Cornerstone is developing the two properties,...
Through the third quarter, 660 deals totaling $239 billion of sale-leaseback transaction activity took place, according to SLB Capital Advisors of New York It projects that more than 800 deals valued at $276 billion took place for all of last year...
Commercial Property Executive Tishman Speyer has secured two lease renewals totaling 296,032 square feet at 525 West Monroe St, a 900,000-sf office property in Chicago Katten Muchin Rosenman, a law firm, is leasing 204,000 sf of space at the...
The Real Deal RXR, which last week said it would give some of its properties to its lenders, has clarified that it was in talks over only two properties, in Brooklyn, NY, and lower Manhattan The Uniondale, NY, developer owns 83 properties valued at...
The Real Deal The New York City Housing Development Corp and Wells Fargo Bank have led a $414 million construction financing package for the development of a 611-unit affordable-housing project in Manhattan’s Inwood section The 30-story...
New York YIMBY Work has wrapped up at the Eastlight, a 144-unit residential condominium building in Manhattan’s Kips Bay area The 34-stotry property, at 200 East 34th St, was developed by a group led by China Overseas Holdings It has studio,...
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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