Business Specialties

$260M M-U Runway Project Underway in L.A.’s Playa Vista

Construction has gotten off the ground on Runway, the $260 million mixed-use center that will sit on the former runway of billionaire Howard Hughes’ aerospace complex in the Los Angeles community of Playa Vista.

Muted Optimism Marks CPE 100 Quarterly Sentiment Survey

Secondary markets are expected to shape investment.

$130M in Financing Secured for Manhattan’s 800 KSF Paramount Building

The Paramount Building, a landmark Manhattan office tower carrying the address of 1501 Broadway in Times Square, is among the latest assets to benefit from the lending community’s fondness for New York City.

NMHC Special Report: The View from Institutional Capital

Industry leaders gathered yesterday in Dallas for NMHC’s 2013 Apartment Strategies/Finance Conference. The program provided valuable insight into the financial and demographic drivers behind multi-family’s continued dominance in commercial real estate.

Rexford Industrial Acquires 473 KSF Industrial Complex in Glendale, Calif.

Rexford Industrial has purchased a seven-building, 473,000-square-foot industrial complex on 21 acres in Glendale, Calif., from an undisclosed institutional owner for $56 million.

Rosenberg Pursues Seniors Housing For KKR Real Estate Group

Kohlberg Kravis Roberts & Co. has been setting its sights on seniors housing recently.

SL Green, Vornado Fill 100 KSF at 280 Park Ave. in NYC

L Green Realty Corp. and Vornado Realty Trust recently locked in two tenants to occupy two full floors at Manhattan’s 280 Park Ave., the 1.2 million-square-foot office tower that the co-owners are presently redeveloping to the tune of $125 million.

CoreNet Global Special Report: Successful Real Estate Leaders are Able to Tolerate Unknowns

One of the defining qualities of a leader is the ability to be comfortable making decisions in the midst of uncertainty, according to leadership consultant Julie Benezet, founder and managing principal of Business Growth Consulting.

Redevelopment of Bronx Armory to Create World’s Largest Indoor Ice Sports Facility

The iconic — but long-vacant — Kingsbridge Armory in The Bronx will be redeveloped into the world’s largest indoor ice facility.

SRS, Cresa JV to Create New Lease Administration Co.

One year after announcing a strategic alliance, SRS Real Estate Partners and Cresa have gone a step further and formed SRS-Cresa Lease Administration, a new company that will offer lease administration services for office, industrial and retail clients.