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FINANCE: Berkadia arranges $19M in Brooklyn, Houlihan secures $30M loan in Westchester
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● BERKADIA $19M for Brooklyn midrise Berkadia announced $19.6 million in financing for 240 Meeker, a mid-rise multifamily property in Brooklyn.
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Cushman & Wakefield acquires 40% stake in Greystone
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Cushman & Wakefield has entered into a $500 million joint venture with CRE lending powerhouse Greystone. Under the terms of the agreement, Cushman &
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Square Mile loans $47M for Syracuse student housing acquisition
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Square Mile Capital Management has closed on a $47.2 million loan for CREM Capital’s acquisition of 505 on Walnut, a 126-unit, 363-bed student housing
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Production studio JV looking to tap into explosion in content creation
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King Street Capital Management, in partnership with Alberta Investment Management Corporation clients and a sovereign wealth fund have formed a joint venture
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SL Green inks two deals at 521 Fifth Avenue
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SL Green Realty announced two new leases at 521 Fifth Avenue. NFP Corporate Services LLC, an international insurance broker and consultancy firm, has signed
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Rockefeller to build ‘destination propertyʼ for discerning New Jersey tenants
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Rockefeller Group has selected Cushman & Wakefield as the exclusive leasing agent for a new build-to-suit office property at The Green at Florham Park
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Fairstead investors pump $500M into next growth spurt
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New York-based affordable housing investor, Fairstead, has announced a new $500 million equity commitment from investors to expand the company’s operations.
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Chinese investors avoiding areas with many rent regulated apartments
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Over the past few years, Chinese investors have been aggressive in commandeering New York City real estate. In 2014, the country accounted for about $6
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Blackstone-led JV buys apartment building portfolio for record $690M
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Blackstone Real Estate Property VIII and Fairstead Capital have closed on a deal to purchase a portfolio of 24 apartment buildings in New York City for $690 million.
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NEW DEVELOPMENT: DE takes lead at Charlie West; Tishman Speyer launches leasing at Jackson Park
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● ELAD US HOLDING / MI&CO Elliman takes lead at Charlie West Elad US Holding and Mi&Co Development have tapped Douglas Elliman Development Marketing
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IN PICTURES: Eklund & Gomes State of the Market Talk
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Fredrik Eklund and John Gomes hosted a State of the Market Talk on the Top 10 International Design Trends for New Developments with hospitality visionary
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Former city housing boss Alicia Glen raises $108M to build affordable homes
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Former deputy mayor in charge of New York housing and economic development, Alicia Glenn has raised a $108 million housing investment fund.