The Real Deal Gencom has paid $320 million, or $126 million/room, for the 253-room Ritz-Carlton Hotel at 50 Central Park South in Manhattan The Miami investor acquired the property from a venture of Westbrook Partners and Korea Investment Corp and...
Commercial Observer OceanFirst Bank has provided $505 million of financing for the development of the 180-unit Sylvan Woods Yorktown age-restricted apartment property in Yorktown, NY The property is being developed at 800 East Main St by AMS...
Commercial Observer The New York City Department of Environmental Protection has leased 155,000 square feet at the Bridge, an 828,558-sf office property in the Long Island City section of Queens, NY The agency is relocating from 59-17 Junction Blvd...
Commercial Observer Dan Hotels has paid $121 million, or $458,333/room, for the 264-room NoMo SoHo Hotel at 9 Crosby St in the SoHo section of Manhattan The Israeli hotel company, which owns 18 properties in Israel and one in Bangalore, India,...
REBusiness Online Electro Freeze has agreed to lease 301,320 square feet of industrial space at the Russell Industrial Park in Davenport, Iowa The manufacturer of frozen treat machines is taking the space, at 8730 Northwest Blvd, from Russell, which...
Houston Business Journal Enchanted Rock is fully leasing a 407,302-square-foot warehouse building that’s currently being built at 18501 Mound Road in Cypress, Texas The Houston company, a producer of natural gas power generators and microgrid...
Commercial Observer Ares Management has provided a $450 million loan against 834-unit Riverie apartment property in the Greenpoint section of Brooklyn, NY The loan, arranged by CBRE, allowed a venture of Lendlease Corp and Aware Super, an Australian...
The Wall Street Journal Anbang Insurance Group has tapped Eastdil Secured to market for sale the Waldorf Astoria hotel in Manhattan The famed property, at 301 Park Ave, now has 375 hotel rooms It also has 372 residential condominium units that are...
Commercial Observer Maxim Capital Group has provided a $70 million loan for the development of a 113-unit residential condominium property at 11-33 44th Drive in the Long Island City section of Queens, NY The property, which will have ground-floor...
Commercial Real Estate Direct Staff Report Last year, Colorado House Bill 25-1090: Protections Against Deceptive Pricing Practices, was signed into law The legislation, which went into effect at the start of January, requires businesses to present...
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