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Report: Investors plan to increase spending on senior housing
07
JEANETTE RICE Investor appetite for seniors housing remains strong despite higher operating costs, with nearly two-thirds planning to increase their buying
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SELLING POINTS: Comfort JV sells waterfront office building
07
● CBRE Comfort JV sells waterfront office building Rubenstein Partners, in partnership with George Comfort & Sons, announced the $33.
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CBRE brokers biggest DUMBO deal in five years for Rent the Runway
07
FREDERICK FACKELMAYER In a transaction arranged by CBRE, Rent the Runway, an online service that provides designer dress and accessory rentals, signed
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CBRE reshuffles senior execs
07
CBRE Group today announced new leadership assignments for several key executives, effective on January 1, 2020. BOB SULENTIC In announcing the new assignments
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Dearth of big deals flattens investment volume
08
Global Commercial Real Estate Investment (US$ Billions – Fixed FX) Source: CBRE Research, RCA (Americas), Q3 2019. Global commercial real estate
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Cloud user demand sets up data center market for record leasing
07
Demand from large cloud users has set the U.S. data center market on pace to break 2017’s record leasing activity, according to CBRE’s latest U.
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$57M Freddie loan funds workforce homes
07
CBRE secured $57 million in loans through the Freddie Mac Small Balance Loans Program for a 13-property mixed-use portfolio in Orange, East Orange and Jersey City.
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SELLING POINTS: Williamsburg property sells for $41 million, Ariel arranges $16M Queens sale
07
● JLL Loft building fetches $41M JLL Capital Markets sold 151 Kent Avenue in Williamsburg for the family of Holocaust survivors. DLJ Real Estate Capital
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EmblemHealth renews 440,000 s/f lease at 55 Water Street
07
EmblemHealth, one of the nation’s largest non-profit health insurers, has renewed its 440,000 s/f for 15 years at 55 Water Street, the Lower Manhattan
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SMCP Brands signs lease with EQ
07
EQ Office announced that SMCP Brands signed a new 17,337 s/f lease at 44 Wall Street, its 24-story modernized office tower in the Financial District.
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Investor travels to Long Island for $232M multifamily deal
07
In one of the biggest tri-state multifamily trades so far this year, investor Joseph Kazarnovsky has paid $232.5 million for a 915-unit development in Long Island.
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Savills secures new school for twice-exceptional children
07
Savills completed a 50,000 s/f transaction for The Quad Preparatory School (Quad Prep) at 19 Cedar Street (within 80 Maiden Lane) in Lower Manhattan, securing