Investment - New York
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Brooklyn Mixed-Use Asset Scores $76M Acquisition Loan
Isaac Hager of Cornell Realty Management and developer Lipa Rubin purchased the hotel and multifamily asset, which was completed in 2016.
25 September 2019 09:29 -
iStar Affiliate Closes $535M in Ground Leases
The REIT finalized a previously announced joint venture agreement for a ground lease of 425 Park Ave. in Manhattan and the additional ground lease of a Honolulu hotel.
09 September 2019 21:31 -
Brooklyn Industrial Asset Commands $81M
Terreno Realty expanded its presence in New York with the acquisition of the 192,000-square-foot asset in the East Williamsburg neighborhood.
04 September 2019 11:04 -
New Jersey MOB Trades in $20M Deal
The property contains 75,000 square feet amidst a busy health-care corridor, with nearly 3 million square feet of medical office space less than 5 miles away.
12 August 2019 15:02 -
NYPA to Invest $1.1B in Niagara Plant Upgrade
Highlights include replacing aging equipment with advanced technologies to optimize performance.
05 August 2019 14:37 -
Welltower Adds to MOB Growth Spurt
The company has agreed to pay $140 million to buy a 270,000-square-foot complex in Berkeley Heights, N.J., from its tenant, which will continue its occupancy under a new 20-year lease.
02 August 2019 11:58 -
Chesapeake Agrees to Sell NYC Hotels for $138M
The two Hyatt-branded Manhattan properties are slated to change hands in September, prior to the trust’s prospective $2.7 billion merger with Park Hotels & Resorts Inc.
29 July 2019 11:30 -
DivcoWest Buys NYC Trophy Building for $310M
The company has added a second Manhattan office asset to its portfolio with the acquisition of a 283,700-square-foot tower from Boston Properties.
09 July 2019 12:59 -
Premier NJ Office Building Sells for $36M
Hartz Mountain Industries disposed of the 118,000-square-foot property. The American subsidiary of a Japanese pharmaceutical company occupies the three-story asset.
04 July 2019 06:50 -
Strategic Real Estate Acquires NJ Office Complex
The company received a $53.6 million loan to purchase the more than 320,000-square-foot asset in Morristown. The building counts Travelers Insurance among its tenants.
19 June 2019 16:55 -
Allianz Buys Into NYC Skyscraper for $384M
The German insurer purchased a minority stake in the 1.5 million-square-foot office condo leased to WarnerMedia within the new 30 Hudson Yards tower. The majority owner is a joint venture of the Related Cos. and a third-party investor.
18 June 2019 08:48 -
Waterman Interests, USAA Real Estate Sell NYC Towers for $138M
The partners owned the two office buildings in Manhattan’s Midtown West neighborhood for four years. Qatar-based Alduwaliya is the new owner of the nearly fully leased assets.
05 June 2019 11:25 -
GFP Buys Historic Manhattan Office Asset for $89M
Technology company Guidepoint is taking a minority stake in the 311,000-square-foot building and moving its headquarters to the Chelsea property.
24 May 2019 10:47 -
WeWork Launches $2.9B Investment, Management Platform
The We Co. teamed up with Ivanhoé Cambridge to create ARK, which will focus on acquiring, developing and managing real estate properties in global gateway cities and high-growth secondary markets.
16 May 2019 12:06 -
Kaufman Organization Lands $120M Refi for NYC Portfolio
The firm secured the three-year loan from Capital One to refinance four properties in the Flatiron and NoMad neighborhoods of Manhattan.
15 May 2019 11:51