Posted on 4/7/20
New Pennsauken Purchase Facilitated by Colliers
-- Patrick J. Kelly Drums Acquires 29,418 SF to Bring Sustainable Storage Items to SNJ -- Ian Richman and Marc Isdaner of Colliers International’s Mount Laurel office . . .
Posted on 4/7/20
JLL Named to Market Development Site on Greenpoint Waterfront in Brooklyn
JZ Capital Partners and RedSky Capital are asking $165M for the 644,678-square-foot land site JLL Capital Markets was selected by JZ Capital Partners Ltd. and RedSky . . .
Posted on 4/7/20
Ares Commercial Real Estate Corporation Issues Letter to Stakeholders
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE:ACRE) issued a letter today to stakeholders.Dear Fellow Stakeholders,On behalf of the ACRE leadership team, we hope this letter finds . . .
Posted on 4/6/20
Chimera Investment Corp. Announces Public Offering of Convertible Senior Notes
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) today announced that it has commenced an underwritten public offering of $250.0 million aggregate principal amount of convertible senior . . .
Posted on 4/6/20
TPG RE Finance Trust Provides Update
NEW YORK--(BUSINESS WIRE)--On April 2, 2020, TPG RE Finance Trust, Inc. (NYSE: TRTX) sold CRE debt securities with an aggregate face amount of approximately $572 million. . . .
Posted on 4/6/20
Great Ajax Corp. Closes $80 Million Private Placement
NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX) announced today that the Company has closed its previously announced private placement of $80 million of the Company’s preferred . . .
Posted on 4/6/20
Hilton and American Express to Donate Up to 1 Million Rooms to Frontline Medical Professionals During COVID-19 Crisis
Hilton (NYSE:HLT) and American Express (NYSE:AXP) today announced that the companies, in partnership with Hilton’s ownership community, will donate up to 1 million hotel room nights . . .
Posted on 4/6/20
LanTree Developments Launches Virtual Residential Leasing at Lofts Two22 in Bayonne via YouTube Tours
New, Amenity-Laden Luxury Building Already 30% Leased & Offers Premiere Transit-Oriented Location LanTree Developments announces the launch of leasing at Lofts Two22, a collection of 70 . . .
Posted on 4/6/20
Mack-Cali Sets the Record Straight Regarding Bow Street's False Statements
Mack-Cali Realty Corporation (NYSE: CLI) today issued the following statement to set the record straight regarding the
Posted on 4/5/20
New Senior Provides COVID-19 Update
NEW YORK--(BUSINESS WIRE)--New Senior Investment Group Inc. (NYSE: SNR) has prepared an update regarding the COVID-19 pandemic. A link to the update can be found on www.newseniorinv.com . . .
Posted on 4/5/20
Two Harbors Investment Corp. Announces Company Update
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp.(NYSE: TWO), a leading residential mortgage real estate investment trust, today provided the following updates with respect to its business, through . . .
Posted on 4/5/20
Great Ajax Corp. Announces $80M Private Placement
NEW YORK--(BUSINESS WIRE)--Great Ajax Corp. (NYSE: AJX) announced today that the Company has entered into a securities purchase agreement pursuant to which it has agreed to . . .
Posted on 4/4/20
Hunt Real Estate Capital Provides a $6.4M Freddie Mac Loan to Finance a Multifamily Acquisition in Clarkston, Michigan
Hunt Real Estate Capital announced today that it has provided a Freddie Mac Small Balance Loan in the amount of $6.4 million to finance the acquisition . . .
Posted on 4/3/20
Rhian Cull Joins Goulston & Storrs’ Boston Office as a Director in the Real Estate Group
Goulston & Storrs, an Am Law 200 firm, is pleased to announce that Rhian Cull has joined its Boston office as a director
Posted on 4/3/20
Statement by Real Estate Board of New York President James Whelan on the New York State Budget
Governor Andrew Cuomo and the New York State Legislature yesterday announced the 2021 fiscal year State budget. Real Estate Board of New York (REBNY) President James . . .
Posted on 4/3/20
Marcus & Millichap Completes Sale of $16.76M Astoria Building
Marcus & Millichap (NYSE: MMI), Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, . . .
Posted on 4/3/20
Compass Elects Eileen Murray to Its Board
Compass, the real estate technology company, today announced that Eileen Murray has been elected to the company's Board of Directors. Murray, one of the most seasoned . . .
Posted on 4/3/20
Kimco Realty Provides Update Related to COVID-19
JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty Corp. (NYSE:KIM), one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, announced today . . .
Posted on 4/2/20
Ladder Capital Corp Provides Financing and Liquidity Update
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) is mindful of the impact the global COVID-19 pandemic has had on its employees, clients, financing partners and shareholders. The . . .
Posted on 4/2/20
Innovo Property Group and Square Mile Capital Close $305M Construction Financing for 2505 Bruckner Boulevard
Debt Provided by Bank OZK and EverWest Real Estate Investors for 1,000,000 Square Foot Last Mile Urban Logistics FacilityInnovo Property Group (IPG) and Square Mile Capital . . .
Posted on 4/2/20
ABS Altman Warwick Arranges Loans for Two Multifamily Portfolios in Manhattan Totaling Nearly $58M
Loans Show Confidence in Well-Maintained Multifamily Assets in the Face of Regulatory and Economic UncertaintyABS Altman Warwick, a New York City-based capital market advisory firm and division . . .
Posted on 4/2/20
Rosenberg & Estis Prevails At Court Of Appeals In Case Of Critical, Industrywide Importance
Court of Appeals Rules Housing Stability and Tenant Protection Act of 2019 Does Not Apply Retroactively in Rent Overcharge CasesRosenberg & Estis, P.C. successfully represented building . . .
Posted on 4/2/20
Truist Invests $10M in Westside Future Fund
Investment will provide financing and acquisition for community development projects in AtlantaTruist Financial Corporation (NYSE: TFC) today announced Truist Community Capital is making a commitment of . . .
Posted on 4/1/20
Ariel Property Advisors Announces New Hires And Promotions For 2020
Ariel Property Advisors Continues to Grow Its Footprint Through Diversified Team, Unmatched Analytic Capabilities and Geographical Brokerage SystemAriel Property Advisors is pleased to announce its new . . .
Posted on 4/1/20
Paramount to Sell 10% Interest in 1633 Broadway
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) announced today that it has entered into an agreement to sell a 10% interest in 1633 Broadway, a 2.5 . . .
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