Montgomery Street Partners, a Dallas investment manager that two years ago launched a private REIT to pursue investments in the ground beneath properties, has raised another $500 million of equity for the vehicle, the Ground Lease REIT Inc The...
Commercial Observer Macquarie Group has leased 221,764 square feet on six floors at 660 Fifth Ave in Manhattan, relocating its Americas regional headquarters from 125 West 55th St It’s the first lease Brookfield Properties has signed for the...
Crain’s Chicago Business Ace Hardware has agreed to lease 250,000 square feet of office space at Oak Brook Reserve, a 297,000-sf office property in Oak Brook, Ill The retailer will take its space at 2915 Jorie Blvd, which is 20 miles west of...
Multi-Housing News PathStone Development Corp has completed the 157-unit Skyview Apartments in Irondequoit, NY, about five miles north of Rochester, NY The Rochester nonprofit will manage the affordable housing property at 200 Skyview Center Parkway...
Commercial Real Estate Direct Staff Report Simon Property Group signed 900 leases totaling 3 million square feet during the first quarter, marking the mall REIT’s most active quarter since 2016 The Indianapolis company said it has another 500...
Commercial Observer A group of lenders comprised of Citibank, Bank of Montreal, Starwood Property Trust and MF1 Capital has provided $714 million of mortgage financing against two apartment buildings with a total of 829 units on Manhattan’s...
The Real Deal Jamestown has lined up $425 million of financing from JPMorgan Chase Bank to help cover the cost of redeveloping One Times Square, a 26-story building in midtown Manhattan that hosts a number of billboards and electronic signs The...
REJournals Ford Storage and Moving Co has agreed to lease 150,280 square feet of office space at R&R Commerce Park, a 11 million-sf industrial property in Omaha, Neb CBRE represented the freight company in the lease R&R Realty Group owns the...
Crain’s New York Business The Nevins Street Apartments, with 129 units at 50 Nevins St in the Boerum Hill section of Brooklyn, NY, is slated to open soon The $72 million property is comprised of two buildings, one of which had 114,000 square...
Commercial Real Estate Direct Staff Report Only 49 percent of office workers are expected to return to their Manhattan offices even after Labor Day, according to a survey of 160 major employers by the Partnership for New York City Taken between...
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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