Crain’s New York Business Community Access has started work on Baez Place, a 154-unit affordable-housing project in the Bronx, NY The Manhattan nonprofit is developing the property at 1861 Carter Ave in the borough’s Claremont...
New York Post Mt Sinai Health System is considering selling two buildings bordering Manhattan’s Midtown South and Greenwich Village neighborhoods The buildings, at 218 Second Ave and 310 East 14th St, are part of the New York Eye and Ear...
The Real Deal Ogden CAP Properties is renewing its 42,000-square-foot lease at 545 Madison Ave in midtown Manhattan The real estate arm of the Milstein family is the largest tenant at the 139,540-sf building, which is owned by the Joseph E Marx Co...
REJournalscom Friedman Real Estate has paid $46 million, or $3740/sf, for four industrial buildings with a total of 123 million square feet in Waterford, Mich, and Liverpool, NY The Farmington Hills, Mich, company purchased the portfolio in a...
Real Estate Weekly Edelman has renewed its 173,618-square-foot lease for another 15 years at 250 Hudson St in the Hudson Square section of Manhattan The public relations firm has been a tenant at the building for 13 years and occupies six floors of...
New York YIMBY Boston Properties plans to build a 750,400-square-foot office building at 343 Madison Ave in Manhattan The Boston REIT had received a permit from the City Council in November to build a 55-story building with more than 800,000 sf of...
Commercial Observer Signature Bank has provided $210 million of financing to facilitate the purchase, by a venture of Harbor Group International and Azure Partners, of the 617-unit Avalon Green apartment property in Elmsford, NY The loan, with a...
Crain’s Chicago Business John Buck Co is offering for sale 33 North LaSalle St, a 403,000-square-foot office building in Chicago The local developer has hired JLL to market the 38-story property It is encumbered by a $584 million mortgage that...
The Real Deal Safra National Bank has provided a $100 million loan against a pair of office buildings at 42 Greene and 90 Grand streets in Manhattan’s SoHo area Newmark arranged the financing, which allowed the buildings’ owner, Zar...
Commercial Observer Chetrit Group and Stellar Management have secured a $365 million loan from Citigroup, BMO Capital Partners and Starwood Property Trust against the 850-unit Park West Village apartment property on the Upper West Side of Manhattan...
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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