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China Construction America lands $53M for office purchase
08
CBRE’s Debt & Structured Finance team closing on the loan secured by 445 South Street in Morristown, New Jersey. CBRE’s Debt & Structured Finance
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Icahn looking to renew General Motors Building lease
09
By Daniel Geiger Icahn Associates, the investment firm run by the financier and corporate raider Carl Icahn, is in preliminary talks to renew its lease
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Hedge fund nabs Village building
08
By Al Barbarino Stamford, CT-based hedge fund SAC Capital Advisors has purchased a property at 703 Washington Street for $38.8 million, city records show.
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Newmark’s Jeff Gural rides to the rescue at Meadowlands
08
By Liana Grey Newmark Knight Frank chairman Jeff Gural is set to take the reins of the troubled Meadowlands Racetrack in northern New Jersey with a plan
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Landmark UWS mansion Kleeberg Residence sold at auction
07
The Kleeberg Residence, a landmarked French renaissance revival mansion in the Upper West Side, was sold at auction. The property, which was first listed
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Avison lands Mack-Cali assignment
07
Avison Young has been selected by Mack-Cali Realty Corporation to serve as the exclusive leasing agent for 7 and 9 Campus Drive, two office buildings within the
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Crowdfunding platform RealtyMogul raises $35M
08
Crowdfunding site RealtyMogul.com has raised a $35 million Series B financing round led by Sorenson Capital and Canaan Partners, the lead investor in the
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Investors Bank originates $128M in multifamily loans
08
The Investors Bank CRE Lending Group recently originated six larger commercial mortgages valued at $128 million. The loans will be used to purchase multifamily
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RAB begins contract negotiations with city’s 30,000 doormen
07
Negotiations for a new, multi-year contract began last Thursday between the Realty Advisory Board (RAB), an industry association representing most building
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HFF takes LEED on $40M financing
07
HFF secured $40 million in financing for Broadstone Gardens at Cherry Creek, a 191-unit, Class A apartment community in Denver. Working on behalf of institutional
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Big chance for small stores on Fifth Avenue
08
Winick Realty Group brokers Joseph Isa and Brian Tregerman are marketing a small Fifth Avenue space with huge potential. The space at 585 Fifth Avenue
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PepsiCo picks Hudson Square for its first Manhattan office
08
350 Hudson PepsiCo, the global food and beverage leader, has signed a five-year lease for its first Manhattan office space, taking 19,800 s/f on the second