Regions
Northwell Health Inks Lease at Greenwich Lane in NYC
The health care provider will open a new community facility within the state-of-the-art condominium complex in order to serve local residents. The 199-unit asset is jointly owned by Rudin Management Co. and Eyal Ofer’s Global Holdings.
Economy Watch: Economy Creates 220K Jobs in June
Job growth in June exceeded the average of 194,000 jobs created over the past three months, according to the Bureau of Labor Statistics latest jobs report. The April and May job numbers were also revised up.
Kearny Real Estate Expands San Diego Team
The company has strengthened its property management practice with the addition of Director Sonia Miró, Associate John DeSantis and Administrator Teresa Souris.
Transwestern Appoints New Director of Operations
Real estate veteran Lisa Addeo will be based in the firm’s New Jersey office. She will support the brokerage team and oversee operations, finance and compliance activities.
BOMA Announces New Officers
Appointments were made in the form of a new chair & elected officer, secretary & treasurer, chair-elect and vice chair.
Boston Mixed-Use Development Lands $80M Financing
The borrower and new owner of Suffolk Downs plans to redevelop the horse racing facility into a mixed-use project including office, retail, housing and open space.
Rockefeller Nabs 228-Acre NJ Industrial Site
The disposition of the property comes three years after Lincoln Equities and Real Capital acquired it from Dow Chemical subsidiary Union Carbide.
Atlanta Property Group Nabs 1.3 MSF Office Portfolio
The six properties are located across Charlotte, N.C.; Pittsburgh, Pa.; and Orlando and Tampa, Fla. The transaction marks APG’s first investment venture outside metro Atlanta.
Natixis Facilitates First “Green Bond” CMBS Deal
The firm issued the first green-specific tranche in a CMBS to refinance part of Ivanhoé Cambridge and Callahan Capital Properties’ $358.6 million acquisition loan for New York City’s 85 Broad St.
Jernigan Invests $50M in Self-Storage
The climate-controlled, multi-story projects will be located in Boston, New York and Knoxville, Tenn. The 3,100-unit portfolio is scheduled to come online in 2018.