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...
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...
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...
San Antonio Business Journal Fortress Investment Group has taken through foreclosure a portfolio of four office buildings with about 415,000 square feet in San Antonio The New York investor took the properties after placing a credit bid of $145...
Boston Business Journal Boylston Properties has paid $46 million, or $29299/sf, for a 157,000‑square‑foot office property at 30‑44 Washington St in Wellesley, Mass The Boston company purchased the five‑building complex from the Haynes...
San Antonio Business Journal An affiliate of Casey Development has tapped Berkadia to market for sale Tacara at Weiss Ranch, a 300‑unit apartment complex in Pflugerville, Texas The property, at 4401 East Pflugerville Parkway, about 18 miles...
New York YIMBY Silverstein Properties will soon restart construction of the 55 story 2 World Trade Center office building in Lower Manhattan The New York developer and Port Authority of New York and New Jersey started building out the...
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.
