Northeast
LaSalle Hotel Properties to Sell Newport Asset for $77M
LaSalle Hotel Properties has agreed to sell the luxury, 208-room Hotel Viking in Newport, R.I., for $77 million.
Ashkenazy Unveils Faneuil Hall Makeover Plan
Ashkenazy Acquisition Corp. has filed plans with the city of Boston for a bold transformation of Faneuil Hall Marketplace, one of the nation’s premier retail properties.
American Realty Capital NYC REIT Grabs 59 KSF Commercial Condo
American Realty Capital New York City REIT Inc. has just acquired the 58,800-square-foot Laurel Commercial Condominiums at 400 E 67th St. on Manhattan’s Upper East Side.
Morgan Stanley Mortgage Capital Supplies $700M CMBS Loan
The CMBS loan financed the acquisition of a leasehold position in the iconic 42-story Mobil Building in Manhattan.
UPDATE: Servcorp Takes a Tower Floor at One WTC
Servcorp’s deal increases leasing momentum in the iconic tower as it prepares to open, notes Durst’s director of leasing there.
Servcorp Takes a Tower Floor at One WTC
Executive and virtual office space provider Servcorp joins Conde Nast in the iconic Lower Manhattan tower.
Harrison Street Buys Seniors Housing Portfolio for $520M
Harrison Street Real Estate Capital has completed its acquisition of seniors housing properties located in the Northeast.
BBG Adds Leitner Group to Fold
Butler Burgher Group has acquired Leitner Group Inc., which will serve as its New York City office. The purchase creates the fastest-growing independent valuation and consulting firm in the U.S.
HornRock Continues Development Frenzy with 270-Unit M-F Project in New Jersey
HornRock Properties is going through a growth spurt, and its most recent activity involves plans for development of a 270-unit apartment property in Harrison, N.J.
Aspen Cos. Buys 50-Unit HUD-Supported M-F Building in Newark, N.J.
The affordable housing community at 75 Lock St. in downtown Newark, N.J., just got a new owner and it’s about to get a makeover, too.