Banking and Finance
JLL arranges $181M for Taconic, Nuveen redevelopment
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125 West End Avenue JLL Capital Markets experts arranged a $181 million loan to finance the redevelopment of West End Campus, a portfolio of two buildings
Banking and Finance
Freddie protects $69B in mortgages
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Freddie Mac’s Single-Family business announced that its Credit Risk Transfer (CRT) program transferred approximately $2.5 billion of credit risk on $69
Banking and Finance
Griffin Industrial uses new credit line for first Orlando purchase
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Griffin Industrial Realty has closed closed on the acquisition of a 100,000 s/f fully leased warehouse building in Orlando, Florida, the company’
Banking and Finance
New Opportunity Zone Academy launched
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The Rockefeller Foundation and Smart Growth America (SGA) have launched the National Opportunity Zones Academy to help cities drive sustainable growth
Banking and Finance
Dearth of big deals flattens investment volume
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Global Commercial Real Estate Investment (US$ Billions – Fixed FX) Source: CBRE Research, RCA (Americas), Q3 2019. Global commercial real estate
Banking and Finance
Investors flock to EB5 Expo
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Tom Rosenfeld, President and CEO of CanAm Enterprises, spoke about the future of EB-5 Program at 2019 Expo Hong Kong. Rosenfeld shared his views on the
Banking and Finance
Equity Residential secures $2.5 billion credit line
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Equity Residential announced Monday that its operating partnership has entered into a $2.5 billion multi-currency revolving credit facility, replacing
Deals & Dealmakers
Qatari fund pays $310M for St. Regis
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Marriott will continue to operate the hotel. Marriott International has sold the St. Regis New York Hotel to Qatar Investment Authority for $310 million.
Deals & Dealmakers
Stellar, AKI planning 10-story Queens office building
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Stellar Management announced it has purchased a development site in Astoria, Queens, in partnership with AKI Development. The JV plans to build a 10-story
Deals & Dealmakers
Vets tell old dogs why they should learn new tricks
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A trio of commercial real estate industry veterans proved you’re never too old to learn during the New York Real Estate Expo last week.
Deals & Dealmakers
“Vertical freight train” powering WTC construction
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By Roland Li After the towers fell, one of the largest clean-ups in history began. Because the damage was so massive, officials divided the site – referred
Deals & Dealmakers
Chetrits’ buy Rudins’ One Whitehall for $181M
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Cushman & Wakefield announced the sale and financing of One Whitehall Street, a 366,209 s/f full-block mixed-use office building in the Financial District.