The Real Deal Barings has provided $374 million of financing for the first phase of the Williamsburg Wharf mixed-use project in the Williamsburg area of Brooklyn, NY A venture of Naftali Group and Access Industries is developing the project Its...
Crain’s Chicago Business Tishman Speyer is offering for sale Union West, a 357-unit apartment property in Chicago The New York investment manager hired CBRE to market the property, which it bought in 2023 for $128 million At the time of...
The Real Deal An affiliate of Hennick & Co has paid $66 million, or $857,143/room, for the shuttered Chambers Hotel Central Park South in Midtown Manhattan The Toronto investment company bought the 14-story property from an affiliate of BD...
Crain’s Chicago Business The 691,410-square-foot office building at 2 North LaSalle St in Chicago has been brought to the sales block by the bondholders that took control of it two years ago Torchlight Loan Services, the special servicer...
Washington Business Journal KBS REIT III is offering for sale 3001 and 3003 Washington Blvd, a pair of office buildings totaling 305,890 square feet in Arlington, Va The Newport Beach, Calif, REIT has tapped Newmark to market the buildings, about...
Boston Business Journal Advocates has signed a lease for 95,000 square feet of office space at 251 Locke Drive in Marlborough, Mass, about 31 miles west of downtown Boston The human services nonprofit will house its headquarters at the three-story...
Boston Business Journal An affiliate of Elliott Management has paid $124 million, or $512,397/room, for The Godfrey Hotel, a 242‑room property in Boston The West Palm Beach, Fla, investment firm acquired it from Union Investment, a German asset...
The Real Deal Law firm Baker McKenzie has expanded its footprint at 10 Bryant Park in Midtown Manhattan by 16,000 square feet to 122,000 sf, giving it just more than 14% of the 865,000-square-foot office building’s total space The law firm was...
New York Daily News New York State’s Assembly is planning an additional 1% tax on homes purchased for $1 million or more in cash in New York City The surcharge would apply only to homes sold in New York City and is designed to help balance the...
Philadelphia Business Journal A venture of Finmarc Management and KPR Centers is offering for sale Providence Town Center, a 760,000‑square‑foot shopping center in Collegeville, Pa CBRE has the listing for the retail property, which sits on an...
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