M&T Lends $26M on NJ Apartments Buy

Jul 20, 2026

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…

Capital Markets Multifamily Debt & Financing U.S. National New York New Jersey

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Brookfield Takes a Major Stake in Healthpeak Properties’ $2.1B Portfolio

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…

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via Commercial Observer·Posted today·Published Jul 20, 2026Read

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Instacart Takes 26K SF at ESRT’s 111 West 33rd Street

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…

Capital MarketsU.S. NationalNew York

Posted today·Published Jul 20, 2026Read

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Witkoff, Monroe Capital Land $302M Construction Loan for Downtown Miami Rental

Witkoff and Monroe Capital have secured a $302.6 million loan construction loan to build a multifamily tower in Downtown Miami, property records show. The high-rise will include about 890 units and 15,000 square feet of ground-floor retail space at 700 North Miami Avenue, between the MiamiCentral station and the…

Capital MarketsMultifamilyRetailU.S. NationalNew York

Posted today·Published Jul 20, 2026Read

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United Talent Agency Consolidates to 101K SF at ESRT’s Empire State Building

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…

Capital MarketsOfficeU.S. NationalNew York

Posted today·Published Jul 20, 2026Read

Brookfield, CPP Investments to Acquire LXP Industrial Trust for $5.2B

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…

Capital MarketsIndustrial & LogisticsU.S. NationalNew York

via Commercial Observer·Posted today·Published Jul 20, 2026Read

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Insurance, Real Estate Firms Take 57K SF at SL Green’s 1185 Avenue of the Americas

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…

Capital MarketsOfficeU.S. NationalNew York

Posted today·Published Jul 20, 2026Read

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