What happened, and who moved.
527 items
showing 361–420 of 527
Brookfield Asset Management is lined up for a big industrial acquisition. The global alternative asset manager with more than $1 trillion of assets under management has teamed with the Canada Pension Plan Investment Board (CPP Investments) to acquire LXP Industrial Trust in an all-cash deal valued at approximately…
Brookfield Asset Management has established a joint venture with Denver-based real estate investment trust (REIT) Healthpeak Properties for an interest in its vast medical property portfolio. The capital partnership, announced Monday, hands Brookfield and its affiliates a 49 percent interest in Healthpeak’s 86…
In a test of the appetite for Times Square offices, BXP has hired Will Silverman and Gary Phillips at Eastdil Secured to market the 7 Times Square ground lease, Commercial Observer has learned. BXP expects to ask from $700 million to $750 million. A source close to the deal said the price will be just […]
Two companies signed recent deals at SL Green Realty’s 1185 Avenue of the Americas. In the largest lease, international specialty insurance firm Ryan Specialty signed a 10-year renewal and expansion lease at the 42-story office property, taking 29,166 square feet across the building’s entire 38th floor, the…
Goldcrest Properties has sealed $25.5 million of acquisition financing for the purchase of a New Jersey multifamily asset, Commercial Observer has learned. M&T Realty Capital, a subsidiary of M&T Bank, provided the interest-only bridge loan for Goldcrest’s $33.8 million purchase of the 125-unit Hope’s Crossing…
Grocery delivery app Instacart is getting a bigger home in Midtown. The San Francisco-based technology company has signed a 26,134-square-foot lease at Empire State Realty Trust (ESRT)’s 111 West 33rd Street, the landlord announced Monday. The seven-year lease was signed during the second quarter of 2026, according…
NEW YORK CITY — Investment management firm Axonic Capital has arranged a $72 million senior loan for the refinancing of the leasehold interest of 430 Park Avenue, a 19-story office building in Midtown Manhattan. The floating-rate loan was funded through Axonic’s affiliated insurance business. The…
Los Angeles-based United Talent Agency (UTA), known for its high-profile clients, has aptly selected New York City’s most famous office building for its new East Coast headquarters. UTA leased 100,948 square feet at the Empire State Building in a move that will consolidate its various office locations across…
UTEX Storage Partners has secured a $42.5 million loan to refinance a two-property self-storage portfolio in Miami-area cities Coral Gables, Fla. and Pembroke Pines, Fla., Commercial Observer can first report. Affinius Capital and Axonic Capital provided the debt — the fifth such joint origination between the two…
Brookfield Asset Management and Canada Pension Plan Investment Board are teaming up for a $5.2B bet on the U.S. industrial market. BAM, the New York-based investment management arm of Toronto-based Brookfield Corp., and CPPIB plan to buy LXP Industrial...
Few names are as engrained in Southern California industrial real estate — or baseball — as Dedeaux. The family business traces its roots to legendary University of Southern California baseball coach Rod Dedeaux, who led the Trojans to 11 national championships and coached U.S. Olympic teams after founding trucking…
HarbourVest Partners, a global private markets investment firm, is moving into its first New York City office, Commercial Observer has learned. The firm, which is headquartered in Boston, has inked a 10-year deal for 19,752 square feet on part of the 49th floor of the Soloviev Group’s 9 West 57th Street. The asking…
July 17, 2026
Manhattan office leasing activity is tracking toward its busiest year in over two decades, with rents continuing to appreciate.
A major Manhattan office lease by Cleary Gottlieb in April represents a tenant space reduction despite appearing as the month's largest deal.
A conversion project in Midtown Manhattan is undergoing reconstruction of multiple floors after structural issues.
New York's governor signed an executive order establishing a one-year moratorium on data-center development projects with power capacities of 50 megawatts or more.
Airbnb has acquired a Manhattan office property for $81.5 million.
San Francisco is pursuing policy measures to increase residential apartment development in response to rental rates exceeding those in New York City.
New York City is exploring conversion of underutilized police parking facilities into affordable housing development.
A former pharmaceutical headquarters in New York undergoing conversion to multifamily housing has had safety netting installed due to structural concerns with buckled columns.
Jackson Laboratory leased 41,000 SF at 619 West 54th Street's Hudson Research Center, owned by Taconic Partners' Elevate Research Properties.
Prime Residential acquired the 132-unit complex in the Miracle Mile neighborhood for $51.3 million. An LLC tied to Studio City-based Harrison Properties sold the property at 740 South Burnside Avenue, named Palm Court Apartments, for approximately $388,000 per unit. Marcus & Millichap’s Jeff Louks, Gayle Factor and…
Columbia University is adding a new student housing project to its dormitory portfolio in northern Manhattan. Sam Charney’s Charney Companies sold its more than 300-unit project at 99 Claremont Avenue in Morningside Heights to the Ivy League university for $122 million, a source close to the deal confirmed. The…
Brief noting office sector momentum in major North American and UK markets.
A joint venture between Somerset Development and HIG Capital has sealed a $60 million loan to refinance a repurposed New Jersey mixed-use office campus that will soon be home to sandwich chain Jersey’s Mike’s headquarters, Commercial Observer has learned. Hudson Bay Capital provided the bridge loan for the…
Third-party logistics provider Highline Commerce is expanding its industrial footprint at Brooklyn’s Industry City for the second time in four years, Commercial Observer has learned. Highline’s lease renewal at 67 34th Street in Brooklyn’s Sunset Park neighborhood tacked on another 18,000 square feet to its…
Time to rise and grind, Upper East Siders, as a new coffee shop and bakery is set to open at Avenues Equity Partners’ 1410 Madison Avenue in Carnegie Hill. Family-owned coffee shop and bakery Cafe Aroma has taken 2,200 square feet of retail space at the base of the five-story residential building, according to…
This is a news article published by Inside Self-Storage in July 2026 reporting on a lawsuit settlement between Extra Space Storage, a self-storage REIT, and the New York City Department of Consumer and Worker Protection. The item covers a legal matter involving the self-storage sector with relevance to New York City operations.
Midwood Group has landed $50 million of construction financing to build a multifamily project in Brooklyn, Commercial Observer has learned. Ponce Bank supplied the loan for the ground-up development of two contiguous apartment buildings with 99 units each at 937 East 108th Street and 951 East 108th Street in…
Bentley Zhao’s New Empire Corporation, a New York City-based developer of residential mixed-use buildings, dropped $33.5 million to acquire a Midtown parking garage at 10 East 30th Street, according to a deed filed in property records on Thursday. The purchase, made through the entity Rolls Yacht Tower Management,…
The New York City Rent Guidelines Board’s decision to impose the first-ever two-year freeze on rent-stabilized apartments raises a simple question: Why commission months of economic research if you’re going to ignore it? Or put another way: If the Rent Guidelines Board (RGB) ignores its own data, why do we need the…
NEW YORK CITY — A joint venture between Global Holdings and MAG Partners will develop a 149-unit apartment building in Manhattan’s SoHo district. The new building at 122 Varick St. will include 5,000 square feet of ground-floor retail space, and 25 percent of the units will be designated as permanently affordable…
This is a news article published by Commercial Observer on July 17, 2026, reporting on Greystone Real Estate Capital's closure of a $137 million fund dedicated to affordable housing development financing. The article covers affordable housing and debt financing matters with national and New York geography focus.
DENVER — Jason Hornik and Greg Parker with Marcus & Millichap’s Denver office have brokered the sale of The Jewell at 4470 E. Jewell Ave. in Denver. A New York-based… The post Marcus & Millichap Brokers Sale of The Jewell in Denver appeared first on Multifamily & Affordable Housing Business .
The post New York People and Company News, Week of July 17, 2026 appeared first on Connect CRE .
This is a news report from Commercial Observer published in July 2026 documenting Citibank's pricing of a commercial mortgage-backed securities conduit deal described as the largest single bank-contributed, multi-property CMBS transaction since the Global Financial Crisis. The report covers capital markets activity in the CMBS sector at the national level.
This is a news item from Commercial Observer published on July 16, 2026, reporting on Prologis' financial or operational performance, noting record leasing activity and growth in its data center business.
Locally based Synergy and New York-based Axonic Capital have acquired 265 Franklin St., a 21-story Class A office tower in Downtown Boston. The acquisition marks the first joint venture between the two firms. The seller was Clarendon Properties and the acquisition price was $116 million, according to the Boston…
This is a news article from Commercial Observer published in July 2026 reporting on New York City Council approval of housing developments including Monitor Point and six other projects. The article is tagged to the capital markets sector and covers developments in New York on a national scale.
This is a deal report published by Commercial Observer on July 16, 2026, covering Greystar's sale of an apartment tower in Virginia for $216 million.
This is a news item published by Commercial Observer in July 2026 reporting on a leasing transaction in which a live shopping marketplace storefront leased 5,000 square feet of space at 555 West 25th Street. The item is classified under leasing activity and capital markets coverage.
This is a market news report published by Commercial Observer in July 2026 covering retail investment activity in Southern California during the first half of 2026, noting a 62% increase in that period. The report addresses capital markets and retail sector trends with geographic focus on California and national context.
This is a news article published by Commercial Observer in July 2026 reporting on a leasing transaction in which AI firm Isara Laboratories signed a lease for approximately 6,000 square feet of space at 515 West 20th Street in New York.
A vast majority of cooling towers in New York City have been out of compliance with city health laws over the past decade, which could complicate the city's response to its second major Legionnaires’ disease outbreak in as many years. Since 2017,...
Mayor Zohran Mamdani on Thursday issued the Rental Ripoff Report, a package of 23 tenant protection recommendations. The Real Estate Board of New York (REBNY) responded with a statement from President James Whelan saying that the administration “continues to paint property owners with a broad brush, unfairly…
This is a news report published by Commercial Observer in July 2026 documenting a $101 million C-PACE (Commercial Property Assessed Clean Energy) loan provided by Nuveen Green Capital for a project identified as Newark Studios. The item covers a debt-financing transaction in the capital markets sector.
This is a commercial real estate deal announcement published by Commercial Observer in July 2026 reporting on Catholic Homes securing a $147 million construction loan for a housing development project in the Bronx. The article covers debt financing and capital markets activity at the national and New York market levels.
This is a news article published by Commercial Observer in July 2026 reporting on an executive hiring announcement at Tishman Speyer, a real estate firm. The article covers the appointment of Joseph Ghazal, a former Prologis executive, to a leadership role focused on international expansion.
EAST SYRACUSE, N.Y. — Marcus & Millichap has brokered the sale of a 250-room hotel in East Syracuse. Opened in 1977 and renovated in 2016, the DoubleTree Syracuse is located in the Carrier Circle area and comprises a central building that houses public spaces in addition to four-story and seven-story guestroom…
This is a news article from Commercial Observer published July 16, 2026, reporting on an action plan released by Mamdani in response to findings from a rental ripoff hearing, covering national and New York markets within the capital markets sector.
Affinius provided a $177 million construction loan for a student housing project in Central Florida, according to this deal announcement published by Commercial Observer in July 2026. The transaction involves debt financing in the student housing sector.
This is a news article from Commercial Observer published in July 2026 reporting on the Center for Justice Innovation's expansion to a 34,000 square-foot space at 520 Eighth Avenue, a property developed or managed by GFP.
This is a news article published by Commercial Observer in July 2026 examining a new stakeholder entity in data center development, with a focus on capital markets implications and coverage spanning national markets with reference to New York.
Scoop N Scootery, a rapidly expanding ice cream franchise with 10 locations across seven states, has selected Bleecker Street for its first New York City location. Lee & Associates NYC arranged the 1,325-square-foot retail lease at 162 Bleecker St., where the company signed a 15-year lease for the ground-floor…
This is a news article published by Commercial Observer in July 2026 reporting on a leasing activity involving Pure Paws Veterinary Care relocating to a 5,000 square foot space at 1 Putnam Avenue in Brooklyn, New York.
A Commercial Observer news brief from July 2026 reporting on a leasing transaction in which data intelligence firm Curinos leased 14,000 square feet of office space at 10 Grand Central, a property owned by Marx Realty in New York.
This is a commercial real estate deal announcement published by Commercial Observer in July 2026 reporting that Bridges Development Group purchased Kingswood Center in Brooklyn for $31 million. The item is classified as a capital markets transaction.
This is a profile interview published by Commercial Observer in July 2026 featuring Iris Escarrá of Greenberg Traurig, focusing on capital markets topics with national and New York scope.
This is a news article published by Commercial Observer in July 2026 reporting on Governor Hochul's selection of developers to construct 1,127 housing units in the Hell's Kitchen neighborhood of New York.