Crain’s New York Business Norges Bank Investment Management is said to be the buyer of a 45 percent stake in the planned 900,000-square-foot office property at 343 Madison Ave in midtown Manhattan The stake was sold by Boston Properties,...
Boston Real Estate Times Erland Construction has completed work on the Block at Odell Park, a 106-unit apartment property in Beverly, Mass The property, at 140 Rantoul St, has 9,000 square feet of retail space and is next to the Beverly Depot Train...
The Real Deal Goldman Sachs Urban Investment Group has taken through foreclosure the Empire Outlets, a 340,000-square-foot retail property at 55 Richmond Terrace in Staten Island, NY The property had been owned by BFC Partners of Brooklyn, NY, A...
REBusiness Online A venture of CrownPoint Group Inc and Lamar Cos will develop a 1,200-unit self-storage facility on the corner of Avenue L and Wilson Avenue in Newark, NJ The property, with 135,000 square feet of space, will be operated by Extra...
The Real Deal Marathon Asset Management has taken the 40,542-square-foot office/retail building at 263 West 34th St in midtown Manhattan through foreclosure The New York investment manager had provided $50 million of financing to fund the...
A unit of Silver Star Properties REIT Inc, a non-traded REIT formerly known as Hartman Short-Term Income Properties XX Inc, has filed for bankruptcy, which would trigger an event of default for a $21728 million CMBS loan backed by its properties But...
Commercial Observer Urban Standard Capital has provided $38 million of construction financing for a 76-unit apartment project at 827 Sterling Place in the Crown Heights section of Brooklyn, NY Haussmann Development of New York is developing the...
Commercial Observer Bank Hapoalim International has provided $92 million of financing for the construction of a 270-unit apartment property at 401 West 207th St in Manhattan’s Inwood area The property is being developed by Jay Group of New...
Philadelphia Business Journal Trigild has been named receiver of Philadelphia’s Wanamaker Building, a 954,363-square-foot office property in downtown, or Center City, Philadelphia The historic building, at 100 Penn Square East, which was built...
Crain’s New York Business Sioni Group has paid $2683 million, or $29817/sf, for the 90,000-square-foot office building at 6 East 45th St in Midtown Manhattan The New York developer, led by Ray and Jack Yadidi, purchased the property from a...
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