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LCOR closes on $100M construction loan for Crystal City development
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Development and investment company, LCOR, has closed on a $100.325 million construction loan from Wells Fargo for the development of The Altaire in Crystal
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DDR, Madison close $1B retail recap
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DDR Corp. and an affiliate of Madison International Realty announced the recapitalization of a joint venture with 52 shopping centers previously owned
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MRC inks $81M Wythe deal
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55 Wythe rendering Madison Realty Capital (MRC) provided $81 million of financing for 55 Wythe Avenue in Williamsburg, Brooklyn. The developers are currently
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New Con Edison program paying back co-generation owners for unused power
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By Marc Graziano, Business Development Analyst, utiliVisor and Pete Falcier, VP of Development and Analytics, GI Energy A significant component of utility
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Crisis averted: Congress extends Terrorism Risk Insurance Act
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By Carol J. Patterson & Alana Sliwinski, Zetlin & De Chiara LLP With the advent of 2015, the 114th Congress began its legislative session faced
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Invesment managers lease pricey new digs
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Rockrose Development Corp. announced that Iconiq Capital Group, LLC, a private investment firm that manages money for ultra-high net worth individuals
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As Amazon bid deadline nears, Jersey floats $7B offer, NYC residents protest
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With the application deadline approaching for cities hoping to play home to Amazon’s next headquarters, the bidding war is at full bore and Newark, New
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$1.3B senior housing loan the biggest in Walker & Dunlop history
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Walker & Dunlop, Inc. recently closed a $1.27 billion refinancing for Holiday Retirement, the second largest operator of senior housing in the United
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Douglas Elliman drops the Pru’
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New York real estate brokerage Douglas Elliman is unveiling a new brand identity and returning to its original name. DOTTIE HERMAN Effective immediately
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Pistilli Realty lands $158.8M refi for 17-property NYC portfolio
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Queens-based firm Pistilli Realty has secured a $158.8 million New York Community Bank loan for a 17-property portfolio in Manhattan, Queens, Brooklyn
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Baron enjoying degrees of success
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By Dan Orlando Matthew Baron, president of Simon Baron Development, has not taken a conventional route to the top of New York’s real estate world.
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Colliers adds Innovation Park tenant
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Colliers International Group has secured a long-term lease within the corporate campus located known as Princeton Forrestal Innovation Park located at