Banking and Finance
$4.2 million infusion for Rivet, a 163-unit building near NJCU
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RIVET Apartments at 23 University Place Blvd. in Jersey City. JLL has arranged $42.5 million in financing for RIVET, a mixed-use multi-housing and retail
Banking and Finance
Cushman & Wakefield arranges $94M for 17-building industrial park
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Cushman & Wakefield, acting as the exclusive advisor to Angelo Gordon & Onyx Equities, has helped in the procurement of $94 million in financing
Deals & Dealmakers
Kasirer seeks a happy ending for battered industry
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By Linda O’Flanagan After a summer of “greedy landlord” headlines, protests about rents, proposed commission caps, structural voids and downzoning
Banking and Finance
Fannie Mae reducing portfolio, now selling re-performing loans
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Fannie Mae on Tuesday has begun marketing its thirteenth sale of re-performing loans as part of the company’s ongoing effort to reduce the size of
Views
Know your financial pulse, it could save your company’s life
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By Marc Newman, Associate Managing Partner, Anchin, Block & Anchin Just as a wise patient undergoes regular medical checkups, a construction firm should
Deals & Dealmakers
LEASES: ADAMS sets 8,056 s/f, 10-year lease at 463 7th ave
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NEW YORK DAVID LEVY Adams & Co. Real Estate announced that Core Staffing Services, Inc. has signed an 8,056 s/f, ten-year lease at 463 Seventh Avenue.
Deals & Dealmakers
Sharif El-Gamal files scaled-back plans for Islamic museum near World Trade Center
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Developer Sharif El-Gamal has filed scaled-back plans for an Islamic cultural museum near the World Trade Center site. El-Gamal, who heads Soho Properties
Construction & Design
SG Blocks building hospitality prototype
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SG Blocks, a designer and fabricator of container-based structures, is building a prototype for mobile hospitality units. When fully completed, the total
Deals & Dealmakers
President Elect nephew Fred Trump exits Newmark, heads to Colliers
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  Colliers International  announced that industry veteran Fred Trump has joined the firm as Executive Director in its New York Brokerage group.
Deals & Dealmakers
Brookfield to build high-rise apartment towers on Brooklyn waterfront
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Brookfield Property Partners announced that it will co-develop, in a joint venture, with Park Tower Group, two high-rise rental buildings in a master-planned
Deals & Dealmakers
NYC REIT acquires 1140 Avenue of the Americas for $180M
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American Realty Capital New York City REIT has just acquired Midtown office tower 1140 Avenue of the Americas for $180 million. “We are pleased to
Deals & Dealmakers
ARC buys six Marriott, Hilton hotels for $108.3M
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American Realty Capital Hospitality Trust has closed on the acquisition of six hotels totaling 707 rooms for a purchase price of $108.3 million from Summit