Eighteen buildings in Bronx get over $140M in refinancing
Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, has arranged $142.6 million in permanent financing on behalf of The Morgan Group for the refinance of an 18-property multi.....»»
Redmond property that"s home to Microsoft, Facebook sells for $140M
Facebook has made millions of dollars in improvements to buildings in the Willows Road corridor, where it's planning a five-story research-and-development facility called Building X......»»
Black Bear brokers $70M to refiʼ Bronx buildings
Black Bear Capital Partners (BBCP) has arranged $53.9 million in permanent financing on behalf of Finkelstein Timberger East Real Estate (FTERE) for the refin.....»»
Why officials are already refinancing debt from recent $140M convention center renovation and expansion
The officials in charge of the Greater Columbus Convention Center plan to refinance loans taken out in 2014 to fund the $140 million convention center renovation and expansion project, a plan they estimate will save about $11.25 million over 15 years. T.....»»
ON THE SCENE: Barcel Group announces the sale of nine buildings totaling $18,500,000
AGENTS Cushman & Wakefield has been retained to sell 1524-1526 Mayflower Avenue, a 6,000 s/f mixed-use property in Pelham Bay, Bronx. The asking price is $1.7 million. Jonathan Squires, Michael Fioravanti, Josh N.....»»
Investment partners spend $166M on Bronx rent-regulated apartment portfolio
A group of real estate investment companies has agreed to spend $166Â million to purchase a group of regulated apartment buildings in the Bronx. LIHC Investment Group, Belveron Partners and Camber... To view the full story, click the title link......»»
Downtown Houston mixed-use development secures $140M refinancing
The firms behind one of downtown Houston’s largest mixed-use office and retail developments have secured a $140 million refinancing. Houston-based Midway and Lionstone Investments, which is owned by Boston-based Columbia Threadneedle Investment.....»»
Affordable, senior development rises in the Bronx
A new mixed-use buildings at 700 Manida Street in the Bronx will offer 108 affordable apartment units, with 48 of those units reserved for seniors......»»
$140M loan will pave way for two South Bronx towers
S3 Capital Partners, a private lender in New York, has originated a $140 million construction loan for Chess Builders and its new development at 210 East 135th Street in the South Bronx. The financing will drive the construction.....»»
Kushner Cos. operating illegal apartment buildings, councilman says
The Kushner Cos. real estate company is operating several city rental buildings illegally without a certificate of occupancy, according to allegations from Bronx Councilman Ritchie Torres. Torres... To view the full story, click the title link......»»
TRANSACTIONS: Progress Capital secures construction loan for MADDD Equities
Progress Capital negotiated a $4,157,000 construction to permanent loan for the development of three attached 4-story mixed-use buildings located at 139-141 Alexander Avenue in the Mott Haven section of South Bronx. Each of the three buildi.....»»
Brokers: Bronx rezoning has buyers lining up for development opportunities
Cushman & Wakefield arranged the sale of four industrial buildings in the Bronx, has four properties currently in contract, and is marketing an additional property on an exclusive basis. “This year we have seen increased activity on industrial .....»»
NYC near deal to convert hundreds of apartments to affordable units
The city is finalizing a deal with private landlords and nonprofits to convert 729 apartments in 17 Bronx and Brooklyn buildings into long-term affordable housing for more than 1,000 homeless New... To view the full story, click the title link......»»
Pearl Properties to start work on 50-story apartment tower in Rittenhouse Square
The developer has agreed to leave three historic buildings adjacent to the construction site untouched......»»
Raleigh businessman grows real estate venture, wants more buildings
A well-known Raleigh entrepreneur with a cowarehousing operation is looking to capitalize on the consistent demand for space......»»
Alterra raises $900 million for more industrial outdoor storage acquisitions
The Philadelphia firm known for converting office buildings into residential continues expanding its multibillion-dollar portfolio of industrial outdoor storage assets......»»
America"s cities had a way to escape the "doom loop." Then they blew it.
Cities like Denver, Boston, New York, and San Francisco are facing budget crunches as tax revenues from office buildings fall and.....»»
Riviera Beach seeks proposals to redevelop 81 acres of land
Officials want mixed-use projects that include city buildings plus sports and recreation facilities......»»
Columbus" Warehouse District is poised to be the region"s next big thing
On that way out of downtown – starting at the intersection with Spring Street – drivers pass the Warehouse District, a little known pocket of historic brick buildings that’s gearing up for some big changes......»»
Endeavor buys scenic West Austin office building near Pennybacker Bridge
Endeavor has purchased West Austin's Plaza on the Lake office building, with scenic views of Pennybacker Bridge. At the end of this report, check out ABJ's exclusive list of multitenant office buildings in the area......»»
Owner of University District property lands $54 million refinancing loan
The seven-story student housing building opened at 4759 15th Ave. NE in 2022......»»