Deals & Dealmakers
SELLING POINTS: All eyes on legacy rent regulated offering
00
● CUSHMAN & WAKEFIELD All eyes on Bronx apartment offering Cushman & Wakefield has been retained to sell 1150 Pelham Parkway, a legacy rent regulated
Deals & Dealmakers
REIT closes on $616M deal for 425 Park ground lease
00
Safehold Inc. has closed on the previously announced acquisition of the existing ground lease at 425 Park Avenue for $616 million. In connection with this
Deals & Dealmakers
Kash Group, Shel Capital to buy Morgans Hotel in Manhattan for $41M
00
Real estate investment firms The Kash Group and Shel Capital are in contract to acquire the 117-key Morgans Hotel in Murray Hill. Photo via Morgans Hotel
Deals & Dealmakers
$168M apartments loan
00
Rendering of Emerson Lofts in Jersey City Madison Realty Capital has provided a $168 million loan collateralized by the Emerson Lofts, a planned 1,000-unit
Deals & Dealmakers
Building owners gets behind NYC Carbon Challenge
00
Mayor Bill de Blasio, in partnership with the Real Estate Board of New York (REBNY), announced the official launch of the NYC Carbon Challenge for Commercial
Deals & Dealmakers
Ducera Partners bank taking full floor at SJP Properties’ 11 Times Square
00
11 Times Square Ducera Partners, an investment bank, has signed a 10-year lease for 29,089 s/f on the entire 36th floor of 11 Times Square.
Deals & Dealmakers
SELLING POINTS: DSA buys $47M apartment building
00
● MERIDIAN INVESTMENT SALES LIC apartment building trades for $47M DSA Property Group has bought Long Island City apartment building for $47 million.
Deals & Dealmakers
TRANSACTIONS: GCP Capital Group places $43,520,000 of mortgage financing
00
GCP Capital Group has arranged mortgage financing in the aggregate amount of $43,520,000 for the following properties: • $18,470,000 combined financing
Deals & Dealmakers
NYC mayoral candidate Paul Massey lays out plans for public safety, housing
00
Paul Massey made his case for the mayoralty during the EisnerAmper Private Equity Summit at Pier Sixty last week. Telling the audience, “I want to be our
Deals & Dealmakers
Japanese giant acquires Hunt, grows multifamily banking business
00
ORIX Corporation USA, the U.S. and Latin America business hub for Tokyo-based ORIX Corporation (ORIX), has signed an agreement to acquire Hunt Real Estate
Deals & Dealmakers
Johnson takes reins of city law
00
JAMES JOHNSON Former US Treasury boss James Johnson has been named the city’s top lawyer. Mayor Bill de Blasio announced Johnson will be the new
Deals & Dealmakers
SELLING POINTS: CBRE announces $20 million sale of Bergen Medical Center
00
● ABS PARTNERS ABS brings Bronx development site to market ABS Partners Real Estate has been retained to advise a long-term family partnership that