Posted on 6/29/20
Postal Realty Trust Provides Update on Second Quarter Financing Activity
CEDARHURST, N.Y.--(BUSINESS WIRE)--Postal Realty Trust, Inc. (NYSE: PSTL), an internally managed real estate investment trust that owns properties leased to the United States Postal Service, announced . . .
Posted on 6/29/20
3650 REIT Originates $31M Loan to Acquire Memphis-Area Self-Storage Portfolio
MIAMI--(BUSINESS WIRE)--3650 REIT, a nationwide commercial real estate lender originating and servicing portfolio loans for relationship borrowers, is pleased to announce it has originated a $31 . . .
Posted on 6/29/20
Hudson Pacific Properties and Blackstone Announce New Joint Venture to Expand Studio Platform
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) and Blackstone (NYSE: BX) today announced that funds affiliated with Blackstone Property Partners will acquire . . .
Posted on 6/29/20
Avison Young Named Exclusive Agent for Sale of Renovated Multi-family Building at 332 East 9th Street in the East Village
The Tri-State Investment Sales Group for Avison Young is exclusively marketing the sale of a renovated five-story, 24-unit, and 11,400-square-foot apartment building located at 332 East 9th . . .
Posted on 6/29/20
Pat Simone Honored with Lifetime Achievement Award from the Mount Vernon Boys & Girls Club
The Boys & Girls Club of Mount Vernon (BGCMV) presented community and business leader Pat Simone
Posted on 6/28/20
Blackstone Skips Payment on $274M Resort Loan
Blackstone (NYSE:BX) skipped a payment on a $274M resort mortgage loan, adding another to the group that has defaulted on debt through the coronavirus disaster.The debt . . .
Posted on 6/28/20
Greystone Provides $34M in HUD-Insured Financing for a Multifamily Property in Land O’Lakes, Florida
NEW YORK, (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $34 million FHA-insured loan to refinance a . . .
Posted on 6/28/20
Greystone Provides $14M in HUD-Insured Financing for a Multifamily Property in Crown Point, Indiana
NEW YORK (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $14 million FHA-insured loan to refinance a . . .
Posted on 6/28/20
The Realty Advisory Board on Labor Relations and 32BJ Announce Agreement
Health Benefits Extended an Additional 30 Days, for a Total of 120 DaysThe Realty Advisory Board on Labor Relations (RAB) and 32BJ today announced an agreement . . .
Posted on 6/26/20
JLL Secures Entire 7 Clarke Drive in Cranbury, NJ, for WuXi Biologics
Contract development and manufacturing organizations signs 10-year lease for 68,000-square-foot clinical manufacturing facilityJLL completed a new lease transaction for WuXi Biologics at 7 Clarke Drive, Cranbury, . . .
Posted on 6/26/20
Manhattan Office Rents May Face Biggest Rent Drop Since 2012: Savills Report
Manhattan office rents may fall to their lowest level since 2012 if the economy struggles to recover from the coronavirus pandemic, according to a report by . . .
Posted on 6/26/20
CBRE Arranges Sale Of Mount Laurel, NJ Office Portfolio To Golden Gate Capital
CBRE announced today that it has successfully arranged for the sale of the six-building Greentree North Corporate Center (11000, 12000, 14000, 15000, 17000 & 18000 Commerce . . .
Posted on 6/25/20
Resorts Casino Hotel to Install State of the Art Ultraviolet Technology
Resorts Casino Hotel announced today that it will be installing state of the art Focused Multivector Ultraviolet (FMUV) light technology from PURPLESUN™ to provide the safest . . .
Posted on 6/25/20
Douglas Elliman Welcomes Krista Nickols to the Sabrina Saltiel Team
Douglas Elliman, the largest brokerage in the New York Metropolitan area and one of the largest independent residential
Posted on 6/25/20
DJK Residential Joins with Station Cities to Create Relocation Real Estate Powerhouse in the NY Tri-State Market
Station Cities, a brokerage solution specializing in real estate and settling-in services for professionals moving into and around the world’s most complex cities, is excited to . . .
Posted on 6/25/20
Innovo Property Group Launches Leasing at The Bridge, A Unique Building-within-a-Building Leasing Opportunity
The Bridge Offers Two Floors Totaling 210,000 Square Feet and Brand-New Features Including a Private Entrance Lobby, Elevators and MEP SystemsInnovo Property Group (IPG), a leading . . .
Posted on 6/25/20
Two Harbors Investment Corp. Appoints William Greenberg As CEO
Two Harbors Investment Corp. (NYSE: TWO) today announced the appointments of William Greenberg to President and Chief Executive Officer and Matthew Koeppen to Chief Investment Officer.
Posted on 6/25/20
Taubman Centers Shareholders Approve Merger with Simon Property Group
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Taubman Centers, Inc. (NYSE: TCO) announced that, at a special meeting of shareholders, its shareholders today approved and adopted the previously announced merger . . .
Posted on 6/25/20
Tower Management Service Lands $12M Credit Facility
JLL Capital Markets coordinates financing request for four properties in New Jersey and New YorkJLL Capital Markets announced today that it has arranged a $12 million . . .
Posted on 6/25/20
Hunt Real Estate Capital Provides $24.2M in Fannie Mae Loans for Manufactured Housing Communities in Arizona
Hunt Real Estate Capital announced it has provided three Fannie Mae conventional loans totaling $24.2 million for manufactured housing communities (MHCs) in the greater Phoenix area.The . . .
Posted on 6/25/20
Lincoln Equities Group and H.I.G. Realty Partners Purchase 1.2M-SF Bristol-Myers Squibb Campus in Central Jersey
‘Princeton West Innovation Campus’ is ideal for R&D, pharma manufacturing firms seeking prime U.S. locations, will anchor LEG’s expanding life sciences divisionLincoln Equities Group (LEG), a . . .
Posted on 6/25/20
Doorkee Raises $5.7M Financing
NEW YORK--(BUSINESS WIRE)--Doorkee, the all-in-one digital platform offering landlords and tenants a modern solution to the antiquated rental process, today announced that it raised $5.7 million . . .
Posted on 6/25/20
Walker & Dunlop Acquires Beler Advisory Group
walker & Dunlop, Inc. today announced the acquisition of Beler Advisory Group, an independent real estate advisory firm based in New York City.
Posted on 6/24/20
Avison Young Named Exclusive Leasing Agent for 27-Story FiDi Office Building
Renovated property at 123 William Street has undergone transformational change Avison Young has been named the exclusive leasing agent by New York City REIT, Inc. for . . .
Posted on 6/24/20
Kassin Sabbagh Realty Sells 515 Ovington Avenue in Bay Ridge, Brooklyn, NY, for $17.1M
KSR Represented Seller Lang Development and Buyer Albert Srour?in Acquisition of 67-unit residential buildingThe multifamily division of Kassin Sabbagh Realty LLC completed the sale of 515 . . .
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