New York Business Journal Spear Street Capital has paid $505 million, or $1,364/sf, for the 37,000-square-foot office building at 74 Eighth Ave in the West Village area of Manhattan The San Francisco investment manager bought the property from G4...
Commercial Observer Goldman Sachs Alternatives has provided a $1487 million bridge loan against the 188-unit Mabel apartment property at 335 Eighth Ave in the Chelsea section of Manhattan The loan, arranged by JLL, allowed the one-year-old...
Commercial Observer New Empire Corp has agreed to pay $51 million, or $70279/sf, for the 72,568-square-foot office building at 4 West 43rd St near Bryant Park in Midtown Manhattan The New York developer is buying the property from the Holy Spirit...
Commercial Real Estate Direct Staff Report Artificial intelligence companies continue to benefit San Francisco’s office market During the first quarter, the city’s office market logged 35 million square feet of leasing activity,...
Commercial Observer Scale Lending has provided $108 million of financing to fund the conversion of the 297,703-square-foot office property at 770 Second Ave in Manhattan into 140 apartment units The property, in the borough’s Murray Hill...
The Real Deal Mark Epstein has tapped Newmark has been hired to market for sale the 60,000-square-foot office property at 515 Greenwich St in the Hudson Square area of Manhattan The property, which includes air rights, could potentially be converted...
Silicon Valley Business Journal Moving and storage company PODS Enterprises has agreed to fully lease the 104,400-square-foot industrial property at 1959 Monterey Road in San Jose, Calif CBRE brokered the deal on behalf of the property’s owner...
While the overwhelming majority of CMBS shopping mall loans are performing, 59 loans with a balance of $427 billion, or just more than 8% of the total mall balance, are delinquent, according to the TreppCRE...
Commercial Real Estate Direct Staff Report Moody’s Ratings estimates the value of the Hilton Minneapolis hotel at only $8911 million, contributing to its decision to downgrade three classes of a CMBS deal it rates that holds a $180 million...
Multi-Housing News Abacus Capital has paid $158 million, or $336,170/unit, for the 470-unit Abbey Lane apartment property in Danbury, Conn The New York investor acquired the property from 601W Cos, also of New York, which bought it in 2019 for $124...
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