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Commercial Real Estate Direct Staff Report Acadia Realty Trust has paid $50.32 million, or $2,313.36/sf, for 70 and 93 North 6th St., with a total of 21,713 square feet of retail space in the Williamsburg section of Brooklyn, N.Y. The ...
Commercial Observer A venture of DL Development and Argos Development has paid $19.3 million, or $193/sf, for the 100,000-square-foot Breeze mixed-use property at 314 Scholes St. in the Williamsburg section of Brooklyn, N.Y. The venture bought the property from Hudson ...
Commercial Real Estate Direct Staff Report A venture of Bluestone Investments and Shel Investments has paid $68.5 million, or $652,380/unit, for the 105-unit apartment property at 237 11th St. in the Gowanus section of Brooklyn, N.Y. The venture acquired the ...
The Real Deal Terreno Realty Corp. has agreed to pay $157 million, or $503.21/sf, for the 312,000-square-foot industrial property at 280 Richards St. in the Red Hook section of Brooklyn, N.Y. The San Francisco REIT is buying the property from ...
The $100 million CMBS loan against the 213,745-square-foot office property at 141 Livingston St. in Brooklyn, N.Y., has transferred to special servicer Greystone Servicing Co. The culprit: a dispute over the funding of a reserve account.
Commercial Observer HIG Capital has provided a $56 million loan against the 98-unit apartment property at 1499 Bedford Ave. in Brooklyn, N.Y. CW Realty of Brooklyn borrowed the loan, which it will use to retire $44 million of construction financing ...
Crain's New York Business Massachusetts Mutual Life Insurance Co. has provided $120 million of financing for the development of a 261-unit apartment property in the Gowanus section of Brooklyn, N.Y. The proposed 13-story property, at 251 Douglass St., will have ...
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