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...
South Florida Business Journal Greystar Real Estate Partners wants to more than double the size of its Mira Flores apartment complex in Palm Beach Gardens, Fla The Charleston, SC, multifamily company has proposed razing 32 apartment units on a...
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...
Dallas Morning News Bridge Investment Group is starting construction in April on a nearly 285,000-square-foot industrial property in the Dallas suburb of Grand Prairie, Texas The Salt Lake City real estate investment manager is building the...
Houston Business Journal A venture of Growth Capital Partners and Phelan-Bennett Development has completed work on a 167,120-square-foot industrial project in Brookshire, Texas, about 37 miles west of Houston The property, Westside 10 Business...
Dallas Business Journal A 360-unit apartment project has been proposed for a 16-acre development site in Denton, Texas The owner of the site, between North Loop 288 and Mayhill Road, is listed as McKinney Mayhill Partners LLC The development would...
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 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.
Subscribe to our Weekly Newsletter!
