New York Business Journal An affiliate of Palette Hotels has paid $72 million, or $203,966/room, for the 353-room DoubleTree by Hilton New York LaGuardia Airport Hotel in the East Elmhurst neighborhood of Queens, NY The Manhattan hotel management...
New York Business Journal Sabet Group has paid $325 million, or $485,075/unit, for a portfolio of three apartment buildings with a total of 67 units in Manhattan’s Turtle Bay neighborhood The New York real estate firm acquired the portfolio...
New York Business Journal Morgan, Lewis & Bockius has leased 205,000 square feet of office space at 1251 Avenue of the Americas in Midtown Manhattan The Philadelphia law firm is relocating from 101 Park Ave, also in Manhattan, where it had...
Boston Business Journal Tourbineau Real Estate Partners has paid $25 million, or $29070/sf, for an 86,000-square-foot office building at 955 Massachusetts Ave in Cambridge, Mass The Seattle real estate firm purchased the property from...
Commercial Real Estate Direct Staff Report The 441,523-square-foot office building at 3000 Post Oak Boulevard in Houston’s Galleria area has been sold in a deal that resulted in $648 million of losses to the three CMBS trusts that held an $80...
Commercial Real Estate Direct Staff Report The three CMBS trusts that hold an $8326 million mortgage against three Simon Property Group retail outlet centers have taken title to the properties The three are the 359,877-square-foot Gaffney Outlet...
New York Business Journal A venture of L&L Infinite Real Estate Partners, Mack Real Estate Group, BLDG, and BD Blakely has paid $245 million, or $42609/sf, for 600 Third Ave, a 575,000-square-foot office building in Midtown Manhattan The venture...
The Rochester, NY, suburb of Victor, NY, has proposed taking over the Eastview Mall and Commons retail property through eminent domain as a way of resetting the shopping mall's capital structure...
Commercial Observer Corebridge Financial has provided $293 million of fixed-rate financing against the 158,957-square-foot mixed-use property at 40 10th Ave in Manhattan’s Meatpacking District A venture of New York companies Aurora Capital...
New York Business Journal Acore Capital has taken ownership of two office buildings at 601-615 West 50th St in Manhattan’s Hell’s Kitchen neighborhood in a deed-in-lieu of foreclosure A venture of Beacon Capital Partners of Boston and...
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.
