Deals & Dealmakers
Modellʼs leases 300,000 s/f logistics center
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Sporting goods retailer Modells has leased a 300,000 s/f distribution facility in New Jersey. CBRE brokered the deal for 312,373 s/f of industrial space
Deals & Dealmakers
MRI funds $275M multifamily loan
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Urban American has refinanced a 1,400-unit workforce housing portfolio with a $275 million loan from private equity firm Madison International Realty.
Deals & Dealmakers
ON THE SCENE: Cushman & Wakefield retained to sell 940 8th Avenue
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AGENTS Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 940 8th Avenue, a 9,500-s/f retail condo property
Deals & Dealmakers
Rose giving family biz a back seat
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Rose Associates, the New York-based real estate development and management firm, announced the retirement of Vice Chairman Adam R. Rose, effective February 1, 2020.
Deals & Dealmakers
CBRE announces $123 million sale of Continental Plaza in Hackensack
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CBRE announced the sale of the Continental Plaza in Hackensack, New Jersey for $123,000,000, the highest price paid for an office building in Bergen County
Deals & Dealmakers
Midtown South office building gets $20M refi
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JLL Capital Markets has arranged a $20 million refinancing for 16 West 36th Street, a 13-story, 67,271-a/f office building with street level retail in Midtown South.
Banking and Finance
K&R forms new equity partnership for affordable housing portfolio
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K&R Preservation, the New York City-based affordable housing development firm owned and operated by its principals Francine Kellman and Brian Raddock
Deals & Dealmakers
JLL brokers sale of $150M Macquarie debt backed by mixed US portfolio
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The loans are collateralized by industrial, office and multifamily assets across the US. JLL Capital Markets sold a performing loan portfolio for Macquarie
Deals & Dealmakers
Connecticut nursing home gets $8M bridge loan
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Greystone has provided an $8 million HUD-insured loan to refinance a 90-bed skilled nursing facility in Plainfield, Connecticut. The $8,008,000 permanent
Deals & Dealmakers
Tishman Speyer inks 530,000 square foot lease at The Spiral
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Tishman Speyer announced that Debevoise & Plimpton LLP will relocate its firm headquarters to The Spiral, its 65-story office tower currently under
Deals & Dealmakers
Kushner still chasing record breaking deals
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By Holly Dutton Seven years after first taking the reins of his father’s firm, Jared Kushner has built the company’s bottom line, and his own reputation
Deals & Dealmakers
SELLING POINTS: Aspen, Devli scoop up Mack-Cali office
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● MERIDIAN CAPITAL GROUPDynamic Star JV planning LIC office tower AAGS Holdings has purchased the former Eagle Electric building in Long Island City, with