Deals & Dealmakers
Himmel + Meringoff partners with Square Mile on $89M Bronx development site
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Himmel + Meringoff Properties and Square Mile Capital Management LLC have formed a joint venture to acquire 1601 Bronxdale Avenue in the Bronx.
Featured
Brookfield Property Partners closes on $15B GGP buy
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Brookfield Property Partners completed its purchase of the retail REIT GGP Inc. for more than $15 billion yesterday (Tuesday). Brookfield made a cash payment of $9.
Debt & Equity
Mission Capital closes Amarillo hotel loan
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Mission Capital Advisors’ Debt and Equity Finance group arranged a non-recourse, floating-rate loan for the acquisition and renovation of a 229-key
Construction & Design
ACG calls on new House to make America’s infrastructure great again
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America’s contractors want Democrats to use their new muscle to make America’s infrastructure great again. They have also called on the newly blue US House
Deals & Dealmakers
City approves $100M sale of St. John’s Terminal air rights in the West Village
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The City Planning Commission has approved the sale of air rights from the Hudson River Park Trust to a group of developers planning a five-building, 1.
Deals & Dealmakers
REBNY announces its 2018 PropTech challenge winners
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The Real Estate Board of New York awarded $50,000 to four new property tech ventures for its 2018 PropTech challenge. The challenge saw 44 submissions
Deals & Dealmakers
SSRGA expands to 33,000 s/f at 444 Madison
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JLL has completed a new transaction for Schwartz Sladkus Reich Greenberg Atlas LLP at 444 Madison Avenue with an affiliate of Westbrook Partners as landlord.
Debt & Equity
Apollo provides $105M first mortgage loan for Sam Chang’s Times Square hotel
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Apollo Commercial Real Estate Finance (ARI) has closed on a $325 million package of loans that includes $215 million for Sam Changʼs newest Times Square hotel.
Deals & Dealmakers
Rechler takes aim at gun laws
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Scott Rechler has done something few of his peers in the real estate industry have been willing to do: take a hardline stance on guns. Though he identifies
Debt & Equity
TRANSACTIONS: Hirshmark funds industrial bridge loan; HKS brokers refi’ for new Astoria apartment building
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Hirshmark Capital, through an affiliate entity, announced the funding of a $2,400,000 bridge loan secured by an industrial building in Glendale, Queens.
Deals & Dealmakers
AKAM’s Herrera dancing to a new tune
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Twenty years after giving up a successful dance career, Cris Herrera said he feels like he never really left the stage. “I feel like all my skills are
Deals & Dealmakers
LEASES: This week’s leases under 20,000 s/f
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NEW YORK Joseph P. Day Realty Corp announced that Kochman Lebowitz & Mogil, MD, LLP has signed a 20-year lease for 10,175 s/f at 1301 Avenue J, Brooklyn.