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Knighthead antes up $14M
08
Knighthead Funding provided Noah Properties Chicago with a $14.36 million construction loan for the Roselle Apartments, a multifamily community in the
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DONE DEALS: Roundup of the week in residential sales
09
Donʼt tell Fredrik Eklund and John Gomes thereʼs a luxury apartment glut. FREDRIK EKLUND The pair has just gone to contract on a $5.85 million penthouse
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Moody’s Analytics economist Zandi eyes 2020 as next big recession
08
Mark Zandi, the chief economist at Moody’s Analytics, didn’t mince his words on the future outlook for the retail industry. “Prospects are pretty bleak
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Brookfield spins off new property company
07
Ric Clark Brookfield Asset Management Inc. this week announced the completion of the spin-off of Brookfield Property Partners L.P., a newly-created company
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SELLING POINTS: Artemis flips 204 5th Ave, HFF deals NJ shopping center
08
● SOTHEBY’S INTERNATIONAL REALTY Artemis offloads $42M Flatiron building One year after paying $29.5 million for the former bank building at 204
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NEW DEVELOPMENT: Saltmeadow opens in far Rockaway; Watermark making a statement in LIC
08
● JDS DEVELOPMENT Cetra Ruddy designs Rockaway waterfront townhouses Leasing is underway at JDS Development Group’s Saltmeadow, a 60-unit complex
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Blackstone’s EQ Office targets millennial tenants with portfolio makeover
08
Equity Office, the office portfolio company owned by Blackstone, has rebranded itself as it repositions its $450 billion portfolio to cater to the millennial generation.
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Square Mile funds $165M LA loan
08
Square Mile Capital Management originated a $165 million loan secured by Modera West LA, a newly-built 376-unit multifamily community located in West Los Angeles, CA.
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Chetrit, Peebles pay $250M for surplus city buildings
07
By Orlando Lee Rodriguez DON PEEBLES The Bloomberg administration announced today announced an agreement to sell two city-owned buildings in Lower Manhattan
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$4B Carey merger catapults investment manager’s status
09
W. P. Carey Inc. has announced a $4billion merger with its non-traded REIT affiliate Corporate Property Associates 16 – Global Incorporated, know as CPA:16 – Global.
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Square Mile acquires $31.8M Moxy Hotel loan
08
Square Mile Capital Management LLC has acquired a $31.8 million mezzanine loan in face value for financing the development of the future Moxy Hotel at
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Engineering firm Hardesty & Hanover signs new lease at the Paramount Building
08
Avison Young  announced that Hardesty & Hanover, a full-service infrastructure engineering firm, has signed a new long-term lease for 35,000 s/f on