Debt & Equity
Silverstein celebrates $1.6B bond deal
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Rendering of the new 3 World Trade Center Developer Larry Silverstein has sold $1.6 billion worth of unrated bonds to finance his planned office tower
Debt & Equity
Unlikely alliance could rebuild America
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From the South Bronx to Paterson, New Jersey to Broad Street, Philadelphia, William “Billy” Procida knows what it takes to build in hardscrabble, inner-city neighborhoods.
Deals & Dealmakers
L+M, Invesco to make $1B apartment portfolio affordable
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L+M Development Partners and Invesco Real Estate today announced entering into a contract to purchase and preserve five former Mitchell-Lama developments
Deals & Dealmakers
TRANSACTIONS: GCP Capital Group arranges mortgage financing in the aggregate amount of $68,900,000
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CHC Capital has arranged $11,500,000 for the refinance of the Homewood Suites by Hilton in Fayetteville, NC for Shamin Hotels. The loan was placed
Deals & Dealmakers
Cuomo announces $21M college fund
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Governor Andrew M. Cuomo announced $21.3 million in grants for capital projects at 35 colleges and universities across New York. The funding comes from
Deals & Dealmakers
Fortis secures $87M for Boston project
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The 148-unit LaGrange development Fortis Property Group, a New York City-based real estate operating and development company, announced the closing of an $87.
Deals & Dealmakers
Colony reconfigures after $325M digital buy
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Colony Capital’s Thomas J. Barrack, Jr. will step down as CEO of the company following its $325 million acquisition of Digital Bridge Holdings.
Deals & Dealmakers
Luxury cake truck launches in New York City
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Lady M Cake Boutique has partnered with Baccarat for its first luxury cake truck in California with 3D artist Kurt Wenner. The five-year partnership will
REBNY Watch
Increasing diversity in the real estate industry a job for all of us
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An industry as critical to the City’s future as real estate should reflect its diversity. Admittedly, we have much work to do on this front.
Deals & Dealmakers
Boozy boxers muscling into Flatiron District bar scene
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The gym will serve cocktails and offer inspiration workouts By Sabina Mollot Flatiron, which has become so well-known as a hub for hip gyms that the neighborhood
Featured
Rechler starts the reinvention of New Rochelle
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RXR Realty CEO and chairman Scott Rechler was hailed by New Rochelle city officials this morning for his efforts to help revitalize the Westchester city.
Featured
City vows to protect immigrants as feds move on public housing ban
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New York landlords who discriminate against immigrants could face prosecution, the city warned this week. “There are a range of protections against discrimination