Regions
Prewar Park Avenue Apartment Building Sells for $253M to Harry Macklowe
One of the more coveted addresses in New York City multi-family real estate has just moved off the books of the Katz 737 Corp. and into the hands of Harry Macklowe for a $253 million purchase price.
Tishman Speyer Lands 400 MSF Government-Office Tenant in Landmark Paris Deal
Tishman Speyer has just made a huge splash in the Paris office market with the closing of the biggest lease transaction in the City of Lights.
UDR to Acquire Dwell95 Apartment Building in NYC for $325M
UDR Inc. has purchased the premier 507-unit multi-family building known as Dwell95 in Lower Manhattan from The Moinian Group for $325 million.
RBS Provides $120M in Financing for 1.3 MSF Cold-Storage Portfolio
CBRE arranged $120 million in financing with RBS Securities Inc. to a iStar Financial Inc. affiliate for a 1.3 million square-foot portfolio of refrigerated-warehouse space located in seven states.
Hines, Pacolet Milliken to Kick Off New 450 MSF NYC Office Construction
Hines is joining forces with Pacolet Milliken to add 450,000 square feet of premium space to the increasingly tight Midtown Manhattan office market in a new office construction overlooking Bryant Park.
JLL Wins 15.4 MSF Industrial Portfolio Management Assignment from IndCor
Jones Lang LaSalle becomes the latest commercial real estate services firm to snag an industrial-portfolio management contract from IndCor Properties with a 15.4 million-square-foot signing.
Hudson Realty and Partners Nab $139M FDIC Colorado Loan Portfolio
Hudson, Soundview and JCR acquired 97 loans on commercial and residential assets from a FDIC structured sale, collateralized by $139 million of properties across Colorado.
Meridian Capital Obtains $85M in Financing for Hotel Chelsea
The Hotel Chelsea gets a new owner and a new plan for a makeover with an $85 million financing package orchestrated by Meridian Capital Group L.L.C. on behalf of the Chetrit Group and Clipper Equities.
Wood Partners Announces 298-Unit, $75M Apartments in L.A.
Wood Partners plans to begin construction on a 298-unit, $75 million apartment community in the Woodland Hills district of Los Angeles by mid-August.
New Boston Fund Promotes from Within to Advance Growth Strategy
New Boston Fund is making moves to increase its presence in key markets in the Northeast, Mid-Atlantic and Southeast, and CFO and COO Tim Medlock has just been appointed to the position of president.