Debt & Equity
Beacon Capital recaps 575 Fifth with $309M loan
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Beacon Capital Partners has refinanced its share of 575 Fifth Avenue with a $309 million loan. TPG Real Estate Finance has provided the finance against
Debt & Equity
Zillow board okays share inducements for new employees
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Zillow Group, Inc. announced that on August 27, 2019, the compensation committee of its Board of Directors granted equity awards to purchase an aggregate
Debt & Equity
Blackstone funds $692M loan to Extell
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The Blackstone Group has funded a $692 million loan secured by unsold units at Extell Developmentʼs 815-unit One Manhattan Square. The company confirmed
Featured
Owners in fresh call for Soho fix
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A coalition that includes property owners said this week that the rezoning of Soho is vital to removing red tape that keeps retailers out of the neighborhood.
Debt & Equity
Distribution center lands equity deal
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Cushman & Wakefield has secured the construction financing and joint venture equity for DeBartolo Development’s construction of a state of the art
Deals & Dealmakers
SB One opens new Hudson County banking center
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The location represents the bank’s entry into Hudson County, further expanding their geographic footprint in northern NJ. SB One Bank announced the opening
Views
What to do about coworkingʼs effect on real estate fundamentals
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By Connell McGill, CEO and Co-Founder, Enertiv It’s clear to anyone paying attention that co-working is a force to be reckoned with. In just the last four
Deals & Dealmakers
REIT’s billion dollar NYC spending plan
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By Konrad Putzier MIKE HAPPEL Days after paying $500 million for a Broadway office tower, American Realty Capital said it has $1 billion more where that came from.
Deals & Dealmakers
$300M Starwood plan for hospital site enters review process
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A decade-long effort to transform the former United Hospital site reached a milestone Monday as the site’s owner, affiliates of Starwood Capital Group
Deals & Dealmakers
Skanska to build Atlantic Yards ‘modules’ for Ratner
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Early Atlantic Yards rendering Skanska USA and Forest City Ratner Companies (FCRC) today announced that B2, the first residential tower that is part of
Debt & Equity
Record number of tenants struggling to pay their rent
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Due to the combination of stagnant income and rising rental rates, more and more people are struggling to pay for housing. According to a report from the
Construction & Design
Ross, Wilpon, Katz putting Queens on the map
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Willets Point, a joint-venture of Related Companies and Sterling Equities, will transform a long contaminated area into five million square feet of new