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The Real Deal Fortress Investment Group has filed to foreclose, under the Uniform Commercial Code, against a portfolio of real estate in Florida, Manhattan and Westchester County, NY, owned by Cohen Brothers Realty Corp The investment bank claims...
Commercial Real Estate Direct Staff Report Owners of office properties in Manhattan, continuing to face lackluster tenant demand for space, had increased the amount of tenant-improvement allowances they offer at both trophy and class-A buildings...
Apartment tenants spent more of their incomes to rent their units this year, with those who choose to rent, but could afford to buy their homes if they wanted to, getting hit hardest The overall rent-to-income ratio increased in March by 20 basis...
Commercial Real Estate Direct Staff Report American Eagle will vacate the 192,322 square feet it occupies at 393-401 Fifth Ave in midtown Manhattan as part of a broader consolidation As reported, the retailer had signed a lease for 338,035 sf at 63...
REBusiness Online A venture of Zar Property NY and HPNY has paid $151 million, or $26491/sf, for the 57,000-square-foot office property at 26-30 West 61st St in the Lincoln Square section of Manhattan The venture bought the property from the Brodsky...
Commercial Real Estate Direct Staff Report Highwoods Properties Inc had signed 97 office leases for 922,000 square feet during the first quarter, a significant increase from the 520,000 sf of deals inked during the same period a year ago and 698,000...
The Real Deal Bristol Myers Squibb is planning to vacate Woodside Technology Park, a 256,000-square-foot office campus in Redwood City, Calif The New York drug manufacturer’s lease for the entire property is set to mature in March 2027 It...
South Florida Business Journal Assurant has signed a lease for 78,000 square feet of office space at 701 Waterford Way in Miami The Atlanta insurance company is leasing the space from a venture that includes TIAA, which was represented by Blanca...
Commercial Observer Merchants Capital Corp has provided $296 million of Fannie Mae financing against the 109-unit seniors-housing property at 80 Rutgers Slip in Manhattan’s Lower East Side The property is owned by Two Bridges Neighborhood...
Major mortgage REITs saw their collective loan portfolios shrink by nearly 11 percent over the past year, as most had sharply curtailed lending and turned their sights to their problem...
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© 2023 Commercial Real Estate Direct All rights reserved..
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