Northeast
Vornado Lands $400M Refi for 350 Park Ave.
The company realized net proceeds of $111 million upon closing.
Jersey Medical Office Asset Commands $64M
Carter Validus Mission Critical REIT II has acquired an 89,000-square-foot office building located in Marlton.
Duke Realty Expands Northeast Team with New VP
Benjamin Rosen has joined the company’s Northeast Region office and will oversee industrial operations in the New Jersey area.
Quadrum Global Opens Arlo NoMad in NYC
The 250-key “micro” hotel in Manhattan marks the second location for the recently launched brand.
HFF Arranges $35M Financing for Linear Retail
The firm assisted in securing a fixed-rate loan with Nationwide Life Insurance Co.
ECHO Realty Buys 3 Grocery-Anchored Centers in Philadelphia
This purchase adds nearly 250,000 square feet to ECHO’s shopping center portfolio, one month after the company’s acquisition of two Harris Teeter-anchored properties in Charlotte, N.C.
Regency Breaks Ground on New Jersey Retail Project
Construction is now underway on Chimney Rock, a 218,000-square-foot, grocery-anchored shopping center in Bridgewater.
Hilton Debuts New 196-Key Hotel in Brooklyn
The property is located in the borough’s Boerum Hill neighborhood and managed by Urgo Hotels & Resorts.
Real Estate Industry Veteran Jack Rudin Dies
The New York City industry leader oversaw the design and construction of some of the city’s most iconic buildings.
Historic Manhattan Hotel Joins Hilton’s Curio Collection
The Renwick Hotel is the latest addition to Hilton’s upscale hotel brand.