News

Luxury Hotel Breaks Ground in Tribeca

The partnership—including Caspi Development, Mactaggart Family & Partners and Barone Management—expects to deliver the 96-key Manhattan property in 2020.

Two-State Industrial Portfolio Commands $40M

BPP Pacific sold the assets located across Arizona and Colorado in a deal facilitated by JLL. The properties are 92 percent leased to 17 tenants.

NAI Hanson Brokers Northern NJ Flex Sale

The industrial flex building sits next to the intersection of Interstate 80 and the Garden State Parkway, offering convenient access across the region.

945 Broadway St. N.E., Minneapolis

Northpond Partners Acquires 2 Minneapolis Mixed-Use Assets

The buildings were part of First & First creative real estate portfolio and encompass a total of 95,895 square feet of office, retail and residential space

Real Estate Financing: What to Expect in 2018

Essex Realty Group’s Douglas Fisher summarizes the evolution of the real estate market in 2017 and sets the direction for the coming year.

NYC Mixed-Use Development Secures $190M Loan

Trinity Place Holdings has begun construction on 77 Greenwich St., which will include luxury condos and a long-awaited public school for Lower Manhattan.

Cambria Hotel Coming to Orlando

Choice Hotels International has once again teamed up with Stratus Development Partners to build a 153-key Cambria Hotel. The property is scheduled to open in 2020.

Miami’s Citigroup Center Emerges From $20M Makeover

Crocker Partners has completed the upgrade of the 803,000-square-foot office tower, refurbishing the exterior, transforming the lobby and creating the largest tenant amenity conference center in the downtown market.

Forest City Initiates Major Retail Selloff

Once the Madison International Realty and QIC transactions are completed, Forest City will have exited from substantially all of the shopping center-based retail in its portfolio.

South FL Shopping Center Trades for $33M

JBL Asset Management has acquired Flamingo Pines Plaza, a nearly 140,000-square-foot community retail center, located in the South Florida submarket.