Barbra Murray
Mack Urban JV Breaks Ground on $50M M-U Project in Pasadena
Union Village, a new 118-unit luxury mixed-use residential project in Pasadena, has just gotten underway with a recent groundbreaking.
Thor Equities, Rockwood Capital Buy NYC’s Upper West Side Apartment Property
Acting through its new residential division, Thor Equities has joined forces with Rockwood Capital on the acquisition of 838 West End Ave., a 70-unit apartment property on Manhattan’s coveted Upper West Side.
Stream Realty Launches National M-F Platform
Expansion into the multi-family sector has been part of Stream Realty Partners’ plan for some time, and now that vision has come to fruition with the introduction of the real estate services firm’s national multi-family platform.
NYC Mayor “Thinks Big” with New $41B Affordable Housing Plan
New York City Mayor Bill de Blasio has unveiled his $41 billion plan for addressing the ever-increasing need for affordable housing — for both low- and middle-income individuals — in New York City. The Housing New York: A Five-Borough, Ten-Year Plan is an ambitious endeavor, to say the least.
Hersha Hospitality to Pick Up Parrot Key Hotel in Key West for $100M
Hersha Hospitality Trust has entered into an agreement to purchase Parrot Key Hotel & Resort in Key West, Fla.
For Studley, $260M Merger with Savills Promises Blooming Global Platform
“We will be uniquely positioned to develop new business from around the globe, while continuing to deliver exceptional service to clients,” Mitchell Steir, Studley’s chairman & CEO, told CPE.
Rechler Equity Breaks Ground on $100M M-U Project in Hamptons
The highly anticipated Hampton Business District at Gabreski, a unique $100 million mixed-use development at Francis S. Gabreski Airport in Westhampton Beach, N.Y., has gotten underway.
Jamestown Secures $180 Million Loan for Ponce City Market, Atlanta
Jamestown’s 1.1 million-square-foot, mixed-use Ponce City Market restoration project, Atlanta’s largest adaptive reuse endeavor ever, has just reeled in a $180 million construction loan.
George Smith Partners Arranges $51M Bridge Loan for Renovation of M-U Property in Newport Beach, Calif.
The Lido Marina Village, a mixed-use property in Newport Beach, Calif., is ready for renovation now that a $51.4 million loan has been arranged, courtesy of George Smith Partners.
Herrick Co. Buys 44 CVS-Leased Retail Properties for $190M
The Herrick Co. shelled out $190 million on the acquisition of a portfolio of triple-net leased retail/pharmacy locations spanning 17 states, all of which are leased to CVS Caremark, from Fortress Investment Group.