New York
WeWork Launches $2.9B Investment, Management Platform
The We Co. teamed up with Ivanhoé Cambridge to create ARK, which will focus on acquiring, developing and managing real estate properties in global gateway cities and high-growth secondary markets.
Kaufman Organization Lands $120M Refi for NYC Portfolio
The firm secured the three-year loan from Capital One to refinance four properties in the Flatiron and NoMad neighborhoods of Manhattan.
New Lab Building Coming to West Harlem
The LEED-certified, Class A property is adding life science space in a neighborhood that’s being fostered as the next big NYC destination for companies in the industry.
Will Manhattan’s Office Challenges Hit CMBS Assets?
Kroll Bond Rating Agency’s new report evaluates the exposure of $25.3 billion of Midtown Manhattan office assets to issues facing the submarket.
WeWork Inks 200 KSF in NYC, DC Coworking Deals
The coworking giant announced it will lease out 111,000 square feet in a new premium office property near Capitol Hill, a day after unveiling a revenue-sharing partnership with RXR Realty at a Rockefeller Center property.
Starwood Capital to Launch 1st Opportunity Zone Project
The private investment giant is joining developer AB Capstone to build the mixed-use development in the South Bronx. Anchored by a charter school, the 147,000-square-foot project is Starwood Capital’s first deal in the company’s new Opportunity Zone investment program.
Toll Brothers JV Breaks Ground on NJ Creative Office Project
Part of the company’s Maxwell Place development in Hoboken, N.J., the mixed-use tower will feature a 110,800-square-foot office segment.
JLL Arranges $32M Refi for NJ Facility
The company’s Capital Markets team worked on behalf of the borrower, SROA Capital, to refinance a 400,000-square-foot self storage facility in Belleville.
Nightingale Properties to Buy Coca-Cola Building for $907M
The soft drink giant put the Manhattan property up for sale late last year, enlisting Cushman & Wakefield to market the historic asset.
Knotel Expands Manhattan Presence
The flexible office space provider added 80,650 square feet in the downtown area, signing a new lease at a 32-story office tower.