Construction & Design
IN PICTURES: IFMA Awards for Excellence
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The New York City Chapter of the International Facility Management Association (IFMA NYC) hosted its 2016 annual Awards for Excellence Dinner at The Pierre
Debt & Equity
Chetrit, Stellar secure $550M to renovate Uptown apartment towers
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Cushman & Wakefield announced that it served as the advisor to The Chetrit Family and Stellar Management in arranging $550 million of fixed-rate financing
Debt & Equity
Bay Ridge senior housing gets $102M loan
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Jonathan Rose Companies secured a $102 million loan from PGIM Real Estate Finance for Shore Hill Housing, an affordable and elderly housing property in
Deals & Dealmakers
MRC funds $50M loan for Broadway Triangle development
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Madison Realty Capital (MRC) has provided a $50 million first mortgage loan collateralized by a development project across 58 and 66 Gerry Street and coupled
Retail
Fisher Brothers signs deal with famed restaurateurs
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Fisher Brothers announced that the father-son team behind Smith & Wollensky, Quality Meats and Quality Italian, will create a new restaurant at 1345
Deals & Dealmakers
Taconic unveils plan to renovate 817 Broadway
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Taconic Investment Partners LLC, in partnership with TH Real Estate and Squire Investments LLC, announced that Newmark Grubb Knight Frank and RKF will
Deals & Dealmakers
SELLING POINTS: $53M Gowanus site sold, Denholtz buys NJ office property
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● TERRACRG Two Trees closes on $53M Gowanus purchase Two Trees Management Company has closed on the purchase of a Gowanus site from Forest City Ratner
Debt & Equity
L+M, Prudential close on $100M plan for Ralph Walker building in Newark
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L+M Development Partners and Prudential Financial have secured $100 million in financing to convert the Ralph Walker-designed Bell Building in Newark
Debt & Equity
TRANSACTIONS: Eastern Union closes $19.3M deal in Delaware, GCP arranges $12.7M loan
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Meridian Capital announced the following transactions: • A new mortgage in the amount of $5,700,000 on an 81-unit multifamily property located on Livingston
Construction & Design
Developers urged to build healthy projects to reverse shorter life expectancy trend
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The real estate industry has been challenged to build a better future for its children. For the first time in history, U.S. children are facing a shorter
Debt & Equity
REITS outperform equity market for first four months of 2016
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U.S. REITs continued to outperform the broader equity market through the first four months of 2016, the National Association of Real Estate Investment
Deals & Dealmakers
Architecture firm Woods Bagot moving to 30 Broad St. in Lower Manhattan
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Savills Studley, the leading commercial real estate firm specializing in tenant representation, announced today that it has arranged a long-term leasing