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The GRE Intelligence Brief

The week’s commercial real estate activity, chosen and summarised: what’s happening, who’s behind it, and what it means. Free, and you can unsubscribe anytime.

Global Real Estate Intelligence

The intelligence platform for commercial real estate: the industry’s research and market reports indexed, and its deals, funds and organizations tracked. What’s happening, who’s behind it, and what it means. For third-party research we summarise and link to the original; all rights remain with the publishers. Public-record, regulatory and market data (e.g. SEC EDGAR, SEDAR+) is public information that we compile and host, with its source cited.

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© 2026 Global Real Estate Intelligence. The intelligence platform for commercial real estate.Third-party research remains owned by its publishers; we summarise and link to the original. Public-record, regulatory and market data is compiled and hosted by GREI, with its source cited.

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527 items

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Image published by REBusinessOnline with the article “IPA Arranges $131.5M in Construction Financing for Student Housing Project in Upper Manhattan” — Image: REBusinessOnline

IPA Arranges $131.5M in Construction Financing for Student Housing Project in Upper Manhattan

NEW YORK CITY — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged $131.5 million in construction financing for a student housing development in the Washington Heights neighborhood of Upper Manhattan. The 28-story building at 465 W. 165th St. will offer 276 fully furnished units…

Student HousingDebt & FinancingUnited StatesNew York

via REBusiness Online·Updated 6 days ago·Published Aug 6, 2026

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Chelsea Piers Fitness to Open 76,000 SF Gym in Lower Manhattan

NEW YORK CITY — Chelsea Piers Fitness will open a 76,000-square-foot gym in Lower Manhattan. The space, which includes 9,000 square feet for outdoor fitness uses, will span five levels within the planned mixed-use building at 250 Water St., which is being developed by a partnership between local developer Tavros…

RetailUnited StatesNew York

via REBusiness Online·Updated 6 days ago·Published Aug 6, 2026

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Commercial ObserverNews

Marx Realty to Reposition 430 Park Avenue With $68 Million Hospitality Initiative

When you walk into a building developed by Marx Realty, you might find yourself curious if you accidentally skipped work and entered a luxury hotel — and that’s exactly what Marx wants. Marx, known for its hospitality-infused approach to the office, has announced a $68 million repositioning at 430 Park Avenue, a…

OfficeHospitalityUnited StatesNew York

Updated 6 days ago·Published Aug 6, 2026

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EJS, Hope Street Secure $137.5M ReFi for Brooklyn Development

NEW YORK CITY — Walker & Dunlop has arranged a $137.5 million refinancing loan for 12 Halsey, a 240-unit mixed-income development in the Bedford-Stuyvesant neighborhood of Brooklyn. EJS Group and… The post EJS, Hope Street Secure $137.5M ReFi for Brooklyn Development appeared first on Multifamily & Affordable…

MultifamilyAffordable HousingDebt & FinancingNew YorkNew York

via Multifamily & Affordable Housing Business·Updated 6 days ago·Published Aug 6, 2026

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Commercial ObserverNews

Angela Gentry of JLL: 5 Questions

Angela Gentry has carved out her own spot in New York City’s commercial real estate scene. In 2022, Gentry, who at the time had more than 20 years of experience in the field, joined JLL in a role specifically created for her: executive managing director of sales and platform for the New York tri-state area. […]

OfficeUnited StatesNew York

Updated 6 days ago·Published Aug 6, 2026

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Prosper and Versluys Close $50M Land Deal for $650M Miami Condo Tower

Prosper Group and Versluys Group have paid $50 million for a development site in Miami’s Brickell district, where they plan to build a $650 million condo tower, the joint venture announced. The 1-acre assemblage includes three parcels: one along the Miami River, with more than 300 feet of water frontage, as well as…

Capital MarketsUnited StatesNew York

via Commercial Observer·Updated 6 days ago·Published Aug 5, 2026

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JAMS Relocating New York Offices to 3 Times Square

Rudin has secured an agreement with JAMS, a provider of alternative dispute resolution services, to relocate its New York Resolution Center to 3 Times Square. The tenant will occupy 55,335 square feet across the entirety of the building’s top two floors. As part of the 11-year lease, JAMS is expected to move from…

OfficeUnited StatesNew York

via Connect CRE·Updated 6 days ago·Published Aug 5, 2026

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Image published by GlobeNewswire News Room with the article “National Healthcare Properties Announces Redemption of All Outstanding Preferred Stock” — Image: GlobeNewswire News Room

GlobeNewswire — Real EstateNews

National Healthcare Properties Announces Redemption of All Outstanding Preferred Stock

NEW YORK, Aug. 05, 2026 (GLOBE NEWSWIRE) -- National Healthcare Properties, Inc. (the “Company”) (Nasdaq: NHP) announced today that it will redeem all of the outstanding (i) 3,289,061 shares of its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (CUSIP: 42226B204) (the “Series A Preferred Stock”)…

HealthcareREITsGlobalNew York

Updated 6 days ago·Published Aug 5, 2026

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Commercial ObserverNews

Brookfield Asset Management Raises Record $77B

Brookfield Asset Management raised a record $77 billion in the second quarter of 2026, bringing its assets under management to more than $1 trillion, the investment firm reported in an earnings call Wednesday. Year-to-date, the investor has brought in $98 billion, more than half of what Brookfield raised for all…

Capital MarketsREITsAlternativesUnited StatesNew York

Updated 6 days ago·Published Aug 5, 2026

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Krea USA Nabs $62M Construction Loan for Lauderhill, Fla., Rental

Krea USA nabbed a $61.8 million construction loan for a multifamily development in Lauderhill, Fla., property records show. The financing from Abanca Bank covers the 385-unit Le Parc at Lauderhill development, at 3831 Northwest 13th Street, just east of the Lauderhill Mall and North State Road 7. The 10-acre…

MultifamilyDebt & FinancingUnited StatesNew York

via Commercial Observer·Updated 6 days ago·Published Aug 5, 2026

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In Largest U.S. Multifamily Sale Since 2024, BlackRock Pays $1.63B in SoCal

BlackRock has acquired more than 3,600 rental residential units in Southern California in one of the region’s largest commercial real estate deals in recent memory. It’s also the largest U.S. multifamily sale since June 2024. One of the investment vehicles run by the asset management titan put down $1.63 billion…

MultifamilyCapital MarketsUnited StatesNew York

via Commercial Observer·Updated 6 days ago·Published Aug 5, 2026

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Ultimate Equity Buys Hollywood, Fla., Townhouse Project for $32M

Ultimate Equity has acquired a 69-unit townhome community in Hollywood, Fla., for $32 million, Cushman & Wakefield announced. The gated community called Royal Oaks in the Emerald Hills neighborhood changed hands in an all-cash 1031 exchange acquisition at a record price per unit for the submarket, and a…

MultifamilyUnited StatesNew York

via Commercial Observer·Updated 6 days ago·Published Aug 5, 2026

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Blue Owl Capital Provides $106M to Refi Lowell Hotel in New York City

A historic New York City hotel has received a new round of debt financing. Kensico Properties has secured $106 million to refinance the Lowell Hotel, a 17-story, 74-key luxury boutique hotel on Manhattan’s Upper East that the firm purchased and redeveloped in 1984, Commercial Observer can first report. Blue Owl…

HospitalityDebt & FinancingCapital MarketsUnited StatesNew York

via Commercial Observer·Updated 6 days ago·Published Aug 5, 2026

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AI Song Maker Suno Takes 12K SF at 515 West 20th Street

We can discuss the ethics of artificial intelligence creating art all day long, but the fact is these companies aren’t going anywhere anytime soon, and they need office space. Generative AI music platform Suno has taken 12,048 square feet across the fifth floor of 515 West 20th Street for its first New York City…

OfficeUnited StatesNew York

via Commercial Observer·Updated 6 days ago·Published Aug 5, 2026

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Tishman Speyer Acquires Berkshire Dilworth Apartments in Charlotte for $76.3M

CHARLOTTE, N.C. — New York-based Tishman Speyer has purchased Berkshire Dilworth, a 296-unit apartment community located at 1351 E. Morehead St. in Charlotte. Berkshire Residential sold the property to Tishman Speyer’s TS Plus fund for $76.3 million, according to the Charlotte Business Journal. The community is…

MultifamilyUnited StatesNew York

via REBusiness Online·Updated 6 days ago·Published Aug 5, 2026

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Commercial ObserverNews

Cushman & Wakefield Sets Second-Quarter Revenue Record

Cushman & Wakefield said Wednesday that its second-quarter earnings were strong enough to boost the commercial real estate services giant’s per-share earnings guidance for the year. “Our results this year demonstrated that we have hit our stride, and we’ve gotten there fast,” C&W CEO Michelle MacKay said Wednesday…

Capital MarketsREITsUnited StatesNew York

Updated 6 days ago·Published Aug 5, 2026

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Zenith IOS, JPMAM Seal $215M Credit Facility With KeyBank, Truist

Zenith IOS, JPMAM Seal $215M Credit Facility With KeyBank, Truist As the industrial outdoor storage space continues to gain momentum, some key players are celebrating the next phase of their partnership with a fresh round of financing. Zenith Industrial Outdoor Storage and J.P. Morgan Asset Management (JPMAM) just…

Industrial & LogisticsDebt & FinancingCapital MarketsUnited StatesNew York

via Commercial Observer·Updated 6 days ago·Published Aug 5, 2026

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Commercial ObserverNews

Mall Giant Macerich Narrows Losses in Q2 Amid Stronger Leasing

“No one is building new regional malls, and roughly 90 percent of our go-forward NOI comes from Class A assets and the best retailers of the world.” So said Jackson Hsieh, president and CEO of Macerich, early on during the mall-focused real estate investment trust’s second-quarter earnings call Tuesday afternoon.…

RetailREITsUnited StatesNew York

Updated 6 days ago·Published Aug 5, 2026

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Volastra Therapeutics Subleases 18K SF at Alexandria Center for Life Science

A biotechnology firm is relocating its lab space from West Harlem to Midtown South. Volastra Therapeutics signed an 18,120-square-foot lease in the Alexandria Center for Life Science at 430 East 29th Street, owned by Alexandria Real Estate Equities, according to CBRE. Volastra is subleasing space on the 11th floor…

Life SciencesUnited StatesNew York

via Commercial Observer·Updated 6 days ago·Published Aug 5, 2026

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Commercial ObserverNews

Podcast: How Renter Loyalty Programs Drive Multifamily NOI – Stake CEO Rowland Hobbs

Rowland Hobbs is CEO and co-founder of Stake, a fintech platform that rewards renters with cash back, working to make renting financially rewarding. Before Stake, he led design and innovation at Teneo and served as head of product design for Accenture North America, and he founded Post+Beam, an innovation design…

MultifamilyPropTech & DataUnited StatesNew York

Updated 6 days ago·Published Aug 5, 2026

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REBusiness OnlineNews

GNAM Underway on $92M Redevelopment of Hospital Campus in Pawtucket, Rhode Island

PAWTUCKET, R.I. — New York City-based Global Asset Management Group (GNAM) is underway on the $92 million redevelopment of the 386,404-square-foot former Memorial Hospital campus in Pawtucket, located just north of Providence. Plans currently call for approximately 200 residential units, including both market-rate…

MultifamilyHealthcareUnited StatesNew York

Updated 6 days ago·Published Aug 5, 2026

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Multifamily & Affordable Housing BusinessNews

JPMorganChase Commits $750B to Increase Housing Supply

NEW YORK CITY — JPMorganChase has announced it will deploy $750 billion to support affordable housing production through 2035. Called the American Dream Initiative, the $750 billion commitment will serve… The post JPMorganChase Commits $750B to Increase Housing Supply appeared first on Multifamily & Affordable…

Affordable HousingMultifamilyNew YorkNew York

Updated 6 days ago·Published Aug 5, 2026

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Commercial ObserverNews

The Plan: Architecture Firm Corgan Redesigned Its Own Empire State Building Office

For 18 years, part of the New York City team at national architecture firm Corgan has called the 54th floor of the Empire State Building home. But, after nearly two decades, even an office in a building as iconic as that one needs a good sprucing up. Corgan’s footprint in the Empire State Building went […]

OfficeUnited StatesNew York

Updated 6 days ago·Published Aug 5, 2026

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LM Real Estate Partners

New York Investor Buys Smyrna Flex Warehouse

LM Real Estate Partners acquired Smyrna's 3M industrial property for $27M, reflecting a 40% price surge.

Capital MarketsIndustrial & LogisticsUnited StatesNew York

via Bisnow·Updated 6 days ago·Published Aug 4, 2026

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Connect CRENews

NYC Taxi and Limousine Commission Moves Headquarters to 250 Broadway

AmTrustRE has signed the New York City Taxi and Limousine Commission (TLC) to 39,000 square feet at 250 Broadway for its new headquarters. Occupancy is expected in Q1 2027. “We’re proud to welcome the Taxi and Limousine Commission to 250 Broadway as they establish their new headquarters,” said Jonathan Bennett,…

Capital MarketsUnited StatesNew York

Updated 6 days ago·Published Aug 4, 2026

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Prologis

Prologis’ European Rival Segro Accepts $18.8B Takeover Offer

Prologis, the world’s largest industrial landlord, is about to get even bigger. The San Francisco-based real estate investment trust (REIT) has succeeded in its fourth offer to acquire rival Segro, the United Kingdom’s largest REIT, in a deal valuing Segro’s equity at roughly $18.8 billion. Prologis announced…

Capital MarketsIndustrial & LogisticsREITsNew YorkUnited States

via Commercial Observer·Updated 10 days ago·Published Aug 4, 2026

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Commercial ObserverNews

Alexandria Shows Positive Signs After Several Depressed Quarters: Earnings

Ailing Alexandria Real Estate Equities is showing signs of improvement as leasing increased over the second quarter of 2026, a hopeful sign of progress after several quarters of declining fundamentals. The real estate investment trust (REIT) posted earnings Tuesday that show declining balance sheet performance with…

Capital MarketsREITsUnited StatesNew York

Updated 10 days ago·Published Aug 4, 2026

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Wafra Inc.

New York Firm Wafra Acquires 899K-SF Indiana Industrial Portfolio

Wafra Inc., a New York-based alternative investment firm, announced the acquisition of Brownsburg Logistics Park Portfolio, a three-building industrial portfolio totaling 899,080 square feet in Brownsburg, Indiana. Funds advised by Wafra are acquiring the assets from a venture between Scannell Properties, an…

Capital MarketsIndustrial & LogisticsUnited StatesNew York

via Connect CRE·Updated 10 days ago·Published Aug 4, 2026

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Stack Infrastructure

Blue Owl’s Stack Infrastructure Buys Virginia Data Center Site for $66M

Blue Owl Capital is pushing beyond Northern Virginia’s Data Center Alley after acquiring a 71-acre development site in Culpeper, Va., for $66.4 million. Blue Owl’s data center operator Stack Infrastructure purchased Culpeper Technology Park at 15140 Keyser Road from RACM. The transaction is equal to more than…

Capital MarketsData CentersUnited StatesNew York

via Commercial Observer·Updated 10 days ago·Published Aug 4, 2026

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Walmart

Walmart Development Set for Palm Beach County

Walmart has paid $11.7 million for development land by the western end of Palm Beach County, Fla., in the latest example of retailers taking greater control over their retail presence, property records show. The vacant, 24-acre parcel at 5253 Seminole Pratt Whitney Road sits within Minto Communities’ Westlake…

Capital MarketsRetailUnited StatesNew York

via Commercial Observer·Updated 10 days ago·Published Aug 4, 2026

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Commercial ObserverNews

New York City’s First El Pollo Loco Coming to Jackson Heights in Queens

Why did the chicken cross the continent? To get to new customers on the other side. Popular fast-casual grilled chicken restaurant El Pollo Loco has signed a lease to open its first-ever East Coast location in New York City, Commercial Observer has learned. El Pollo Loco signed a 10-year lease for 2,400 square feet…

Capital MarketsUnited StatesNew York

Updated 10 days ago·Published Aug 4, 2026

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Commercial ObserverNews

Vornado Foresees $350-per-Foot Rents at Park Avenue Office Tower: Earnings

Vornado Realty Trust announced Tuesday morning that it could levy as much as $350 per square foot at one of its latest office developments, at a time when rents over $300 a square foot at trophy properties are becoming the norm. 350 Park Avenue, which Vornado is developing with Ken Griffin’s Citadel and Rudin, may […]

Capital MarketsOfficeUnited StatesNew York

Updated 10 days ago·Published Aug 4, 2026

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Commercial ObserverNews

Urban Standard Capital Grows $200M Credit Facility With Western Alliance Bank

Urban Standard Capital has deepened its relationship with a major Arizona bank. Commercial Observer can first report that Urban Standard Capital has increased its aggregate financing capacity for transitional commercial real estate loans with Western Alliance Bank — a Phoenix-based regional bank with $90 billion of…

Capital MarketsDebt & FinancingUnited StatesNew York

Updated 10 days ago·Published Aug 4, 2026

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Walker & Dunlop Arranges $137.5M Loan for Refinancing of Brooklyn Apartment Building

NEW YORK CITY — Walker & Dunlop has arranged a $137.5 million loan for 12 Halsey, 240-unit apartment building in Brooklyn’s Bedford-Stuyvesant neighborhood. Completed last fall, 12 Halsey occupies a full city block and offers studio, one- and two-bedroom units, 30 percent of which are reserved as affordable…

Capital MarketsMultifamilyDebt & FinancingUnited StatesNew York

via REBusiness Online·Updated 10 days ago·Published Aug 4, 2026

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REBusiness OnlineNews

Richman Group Obtains Three Loans for Luxury Apartment Communities in Florida Totaling $225M

GREENWICH, CONN. — The Richman Group, a multifamily owner and operator based in Greenwich, has obtained loans for the refinancing of three luxury apartment communities in Florida totaling approximately $225 million. The deals include a $107 million loan via New York Life Investment Management (NYLIM) for The Marc…

Capital MarketsMultifamilyDebt & FinancingUnited StatesNew York

Updated 10 days ago·Published Aug 4, 2026

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PropmodoNews

New York Rent Freeze Deepens CMBS Losses on Stabilized Housing Portfolio

A $506 million CMBS backed by New York rent-stabilized apartments faces foreclosure as Mayor Mamdani's rent freeze threatens to deepen bondholder losses. The post New York Rent Freeze Deepens CMBS Losses on Stabilized Housing Portfolio appeared first on Propmodo .

PropTech & DataMultifamilyCMBSUnited StatesNew York

Updated 10 days ago·Published Aug 4, 2026

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Image published by Multifamily & Affordable Housing Business with the article “Habitat Starts Construction of First Phase of $600M Affordable Housing Redevelopment in Buffalo, New York” — Image: Multifamily & Affordable Housing Business

Multifamily & Affordable Housing BusinessNews

Habitat Starts Construction of First Phase of $600M Affordable Housing Redevelopment in Buffalo, New York

BUFFALO, N.Y. — The Habitat Co., along with partners Duvernay + Brooks and Bridges Development, an affiliate of the Buffalo Municipal Housing Authority, has started construction of the first phase… The post Habitat Starts Construction of First Phase of $600M Affordable Housing Redevelopment in Buffalo, New York…

MultifamilyAffordable HousingNew YorkNew York

Updated 11 days ago·Published Aug 3, 2026

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TekSynap Leases 27K SF at BXP’s Reston Town Center

Federal IT contractor TekSynap has signed a long-term lease for a 26,500-square-foot floor at BXP’s Reston Town Center in Northern Virginia. TekSynap provides cloud integration, cybersecurity, software development and IT modernization services for civilian, defense and intelligence agencies. The Reston-based…

Capital MarketsUnited StatesNew York

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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University of California

University of California Buys 16 Westwood Village Properties for $50M

The University of California is extending its streak of commercial real estate investment after acquiring a 16-property portfolio immediately south of UCLA in Los Angeles. The Regents of the University of California, which governs the state’s university system, put down $49.8 million for the properties in Westwood…

Capital MarketsUnited StatesNew York

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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Terra Developers

Mixed-Use Upper West Side Building Sells to Terra Developers for $28M

Brooklyn-based Terra Developers has made a $28 million residential redevelopment play for 500 Columbus Avenue on Manhattan’s Upper West Side. The 35,300-square-foot mixed-use building was sold to Terra by longtime owner CKMR Corporation, formerly Sloan’s Supermarkets, according to property records filed Friday. The…

Capital MarketsDebt & FinancingUnited StatesNew York

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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BisnowNews

Jams Moving HQ To Times Square From New York Times Building

The dispute resolution firm is taking 55K SF at 3 Times Square.

Capital MarketsUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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Connect CRENews

HPD Selects Development Team for Hunter’s Point South Parcel

A development team of Slate Property Group, The Hudson Companies and Volunteers of America–Greater New York was selected to build nearly 1,000 apartments on a long-vacant lot in the Hunter’s Point South neighborhood of Long Island City, Queens. To be known as The Orion, the three-building, $700-million project…

Capital MarketsMultifamilyUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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CIP Real Estate

CIP Real Estate Buys Broward Campus for $99M

CIP Real Estate has paid $99 million for an industrial and office park in Broward County, Fla., property records show. Called Lyons Business Park, the property includes about 10 buildings, totaling 338,000 square feet It’s located at 6601 Lyons Road in Coconut Creek, Fla., near the corner with Johnson Road, about a…

Capital MarketsOfficeIndustrial & LogisticsUnited StatesNew York

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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LMXD, BedRock Secure $250M Loan for 560-Unit Astoria Housing Project

LMXD and BedRock Real Estate Partners have closed on a $250 million loan to facilitate the purchase and construction of a housing development in Astoria, Queens, Commercial Observer has learned. The financing from New York Life Investment Management gets the wheels turning on the development of 560 mixed-income…

Capital MarketsDebt & FinancingUnited StatesNew York

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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PCCP, Integrity Community Builders Form Build-to-Rent JV

Integrity Community Builders (ICB) and PCCP have formed a programmatic joint venture to develop build-to-rent (BTR) communities across the U.S., Commercial Observer can first report. The new JV will marry Houston-based ICB’s experience in land acquisition, development and construction with PCCP’s institutional…

Capital MarketsSingle-Family RentalUnited StatesNew York

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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Muji, Daniel Eddy’s Winner Sign Retail Leases at Brooklyn’s Alloy Block

Two new retail tenants have taken almost 13,000 square feet at a new development in Downtown Brooklyn. Japanese home goods and apparel brand Muji was the largest of the two, signing a 10-year, 10,000-square-foot lease at Alloy Development’s 100 Flatbush Avenue, part of the larger five-building, mixed-use Alloy…

Capital MarketsRetailNew YorkUnited States

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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Fashion House Veronica Beard Expands HQ to 60K SF at 26 West 17th Street

Apparel retail brand Veronica Beard has expanded its office headquarters to approximately 60,000 square feet at the Winter Organization’s 26 West 17th Street in Midtown South, according to landlord broker CBRE. The company, which has been in the building since about 2013, signed the new deal to renew its existing…

Capital MarketsOfficeRetailUnited StatesNew York

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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Commercial ObserverNews

Midtown South Led Manhattan Office Leasing’s Stellar July Performance

So you think Manhattan office leasing has a summer slump? Fuhgeddaboudit! Manhattan office leasing velocity in July increased by 22 percent over June’s volume, helped along by healthy square-footage appetites and ample activity in Midtown South. Tenants acquired, renewed, expanded or extended 3.87 million square…

Capital MarketsOfficeUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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CMBS Loan Backed by Pittsburgh’s Gateway Center Liquidates at $65M Loss

An iconic office complex in the City of Bridges has hit a dead end. The $92 million commercial mortgage-backed securities (CMBS) loan secured by Gateway Center, an iconic office complex in Downtown Pittsburgh, has liquidated via a note sale, resulting in a $64.8 million loss to the CMBS trust, according to an alert…

Capital MarketsOfficeCMBSUnited StatesNew York

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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Commercial ObserverNews

Visual Effects Studio Phosphene Takes 7K SF at 90 Broad Street

Emmy nominated visual effects studio Phosphene has inked a 7,383-square-foot lease at Princeton International’s 90 Broad Street in Manhattan’s Financial District, according to tenant broker Avison Young. Phosphene will move from its current office at 5 Hanover Square, also in the Financial District, as the building…

Capital MarketsOfficeUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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Commercial ObserverNews

Snapchat Parent Company Subleases 199K SF from Verizon at Penn 2

Snap, the technology firm behind Snapchat, is taking over Verizon’s three-floor office lease in Manhattan’s Penn District. The 198,983-square-foot sublease spans the eighth through and 10th floors of Vornado Realty Trust’s 2 Pennsylvania Plaza, known as Penn 2, according to sources familiar with the transaction.…

Capital MarketsOfficeUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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Commercial ObserverNews

Mediation Firm JAMS to Relocate to 55K SF at Rudin’s 3 Times Square

Mediation firm JAMS — the name is an abbreviation of judicial arbitration and mediation services — is relocating its New York Resolution Center to the top two floors of Rudin’s 3 Times Square. The global provider of alternative dispute resolution services plans to take up 55,335 square feet across the Midtown…

Capital MarketsUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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Commercial ObserverNews

JP Morgan to Deploy $750B to Increase Housing Supply Via American Dream Initiative

When J.P. Morgan commits, it commits. The bank just announced plans to deploy more than $750 billion to increase housing supply and support homeownership in the U.S. The eye-popping amount will be deployed through 2035. “An affordable and resilient housing market is essential to driving economic growth and…

Capital MarketsUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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Commercial ObserverNews

The Likes of Blackstone and Brookfield Are Using AI to Build Real Estate Tech In-House

Even as some of the biggest commercial real estate companies shoulder the challenges and massive costs of developing proprietary artificial intelligence-powered tools, this shift marks not so much an inflection point for proptech as a sign that the commercial real estate industry has never embraced technology more…

Capital MarketsUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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GlobeNewswire — Real EstateNews

Alexander’s Announces Second Quarter Financial Results

PARAMUS, N.J., Aug. 03, 2026 (GLOBE NEWSWIRE) -- ALEXANDER’S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended June 30, 2026 today and reported:

Capital MarketsGlobalNew York

Updated 11 days ago·Published Aug 3, 2026

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Savills

Savills Completes $1.1B Acquisition of Eastdil Secured

NEW YORK CITY — London-based real estate brokerage firm Savills has completed its $1.1 billion acquisition of global advisory firm and real estate investment bank firm Eastdil Secured. The transaction was first announced in March, and the new company will be rebranded as Eastdil Secured Savills. Under the terms of…

Capital MarketsUnited StatesNew York

via REBusiness Online·Updated 11 days ago·Published Aug 3, 2026

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REBusiness OnlineNews

Joint Venture Begins Leasing 43-Story Apartment Tower in Downtown Brooklyn

NEW YORK CITY — A joint venture between locally based developer Lonicera Partners, New York-based investment firm Rabina and Boston-based owner-operator The Davis Cos. has begun leasing a 43-story apartment tower at 55 Willoughby St. in downtown Brooklyn. Designed by Colberg Architecture and known as House 55, the…

Capital MarketsMultifamilyUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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REBusiness OnlineNews

Partnership Underway on Renovation of 22-Story Office Building in Midtown Manhattan

NEW YORK CITY — A partnership between A.M. Property Holding Corp., Axonic Capital and Platinum Properties is underway on the renovation of 11 Bryant Park Plaza, a 22-story office building in Midtown Manhattan. Designed by Spectorgroup, the renovation will involve the upgrading of existing office suites and the…

Capital MarketsOfficeUnited StatesNew York

Updated 11 days ago·Published Aug 3, 2026

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Ariel Property Advisors Arranges $15.7M Sale of Multifamily Development Site in Brooklyn

NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged the $15.7 million sale of a multifamily development site in the Gowanus area of Brooklyn. The site is an assemblage of the parcels at 418 4th Ave., 416 4th Ave., 246 7th St. and 244A 7th St. and can support 57,640 buildable square…

Capital MarketsMultifamilyUnited StatesNew York

via REBusiness Online·Updated 11 days ago·Published Aug 3, 2026

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Sapien AI Signs 11K-SF Lease at Kaufman’s 48 West 25th Street

A bipedal artificial intelligence firm is evolving into a new Midtown South office, Commercial Observer has learned. Financial and operations analytics firm Sapien AI signed a lease for approximately 10,500 square feet on the entire fifth floor of the Kaufman Organization’s newly acquired 48 West 25th Street,…

Capital MarketsOfficeUnited StatesNew York

via Commercial Observer·Updated 11 days ago·Published Aug 3, 2026

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