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CBRE Arranges Sale of The Prescott at Concord, a 350-Unit Luxury Apartment Community in Concord, MA
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Today, representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of The Prescott at Concord, a
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Bank of America sells $87B fund business to BlackRock
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In one of the largest deals in money market history, Bank of America is selling its $87 billion managed funds business to BlackRock. Under the deal — the
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SL Green sells 49% stake in 400 East 57th Street to Blackrock unit
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SL Green sold a 49 percent stake in rental building Stonehenge57 to a unit of investment management firm Blackrock. Photo via Streeteasy The transaction
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Allianz funds $150M refi on BlackRock/Clarendon property
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Allianz Real Estate, acting on behalf of several Allianz Group companies, has signed an agreement with a joint venture partnership between Clarendon Properties
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GreenOak pays $163M for Met Tower commercial condo
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Metropolitan Tower GreenOak Realty has purchased a commercial condo unit at the Met Tower in Midtown for $163 million, according to city records.
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Apollo says it may join $8.6B bid for UK supermarket chain
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Apollo is in talks to join an investment group bidding to acquire British supermarket chain, Morrisons. After announcing earlier this month that it was
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Law firm takes advantage of soft market to upgrade its office space
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Law firm of Kane Kessler has leased 26,258 s/f of office space across two floors at 600 Third Avenue (pictured top). “We consider the signing of
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Landlords enduring love-hate relationship with co-working
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Flexible office leasing is a top-heavy industry in the U.S., with the top 10 companies controlling more than a third of the square footage nationwide.
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BlackRock signs deal to anchor 50 Hudson Yards
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50 Hudson Yards rendering Related Companies and Oxford Properties Group this morning unveiled the design for 50 Hudson Yards with news that investment
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BlackRock sells Queens multifamily portfolio for $26M
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Global One Real Estate Fund II, an affiliate of Nelson Management Group, has acquired the six-story multi-use residential building at 105-05 69th Avenue
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Millionaires tell Cuomo to take their money
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A group of New York millionaires are asking Governor Andrew Cuomo to take their money to help fill the state’s budget gap. On Monday, a coalition of 35
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CIT, BlackRock fund $163M loan for Arden industrial acquisition
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Real estate fund manager Arden Group has secured a $163 million loan to fund its acquisition of a 12-asset industrial portfolio. The floating-rate loan