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Arch Companies Secures a $70.5 Million Loan for 88 University Place in Manhattan
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Arch Companies, a vertically integrated real estate owner, operator and developer, has closed on the refinancing of 88 University Place, an office property
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FIRST LOOK: Renderings released for Jehovah’s Witnesses Watchtower buildings transformation
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Columbia Heights Associates – a partnership of CIM Group, LIVWRK Holdings and Kushner Companies – has released renderings of its proposed transformation
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Kushner JV closes on $300M purchase of Jehovah’s Witnesses’ HQ
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A joint venture of CIM Group, Kushner Companies and LIVWRK has acquired 25-30 Columbia Heights, the historic Brooklyn Heights headquarters of the Jehovah’s
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CIM Group buys 16 Court Street for $171M
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Investment firm CIM Group has purchased 16 Court Street in Downtown Brooklyn for $171 million. The property, also known as the Montague-Court Building
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NEW DEVELOPMENT: Permits filed for One Sullivan Place
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● STERLING TOWN EQUITIES Permits filed for Prospect Park property Permits have been filed for a long-awaited new Prospect Park apartment building.
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Kushner JV planning 737-unit tower at former Jehovah’s Witnesses site
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A joint venture between Kushner Companies, CIM Group and LIVWRK have filed plans to build a 21-story, 737-unit mixed-use tower at a former Jehovah’s Witnesses
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Selling points: World Wide Group buys next door neighbor, Partners close on $80M Williamsburg site
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World Wide Group World Wide Group buys next door neighbor Building on the leasing momentum at their neighboring development, QLIC, World Wide Group just
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CIM Group closes $44M acquisition of Gramercy office tower
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CIM Group has closed on its acquisition of an office building in Gramercy Park for $44 million, according to documents filed with the city today.
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CIM Group secures $111M loan for 16 Court Street acquisition
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Investment firm CIM Group has secured a $111 million loan for its acquisition of Downtown Brooklyn office tower 16 Court Street. Barclays Bank and Citi
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Lifestyle brand to open Brooklyn health resort
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The 77,000 s/f Life Time resort will open in 2022. Front & York, a mixed-use development in DUMBO, announced that healthy lifestyle brand, Life Time
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Coffee shop leases retail space at new DUMBO condo
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Brooklyn-based coffee roaster Devoción has leased a new space in DUMBO. CIM Group and LIVWRK, co-developers of Front & York, the Morris Adjmi-designed
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SHVO lands $120M construction loan for Fifth Avenue conversion
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Rendering of 685 Fifth Avenue A joint venture led by SHVO along with partners Deutsche Finance and Bilgili Group has secured a $120 million construction