Scott Schnuck

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  • L&L Holding, JP Morgan Form JV to Invest $4B in NYC CRE

    The new $500 million partnership will acquire and develop properties throughout the Big Apple, with a strong focus on value-add office assets in Manhattan.

    16 October 2017 11:00
  • Gramercy Lands $400M Syndicated Term Loan

    Capital One also was the sole lead arranger, sole book runner and administrative agent. The loan has replaced a previous $175 million term loan that was closed in December 2015.

    02 November 2017 14:59
  • KLNB Appoints New COO

    Real estate veteran Marc Menick will step up as the firm’s president & chief operations officer, following Andrew Georgelakos’ retirement.

    16 May 2017 12:58
  • EU Green Building Spendings to Reach $112B by 2026

    According to Navigant Research’s new report, Europe will invest a great deal in intelligent digital building technologies to remain successful in reaching efficiency goals. Examining eight commercial building types, the study covers seven product categories.

    13 October 2017 09:26
  • U.S. Department of State Extends Lease in Rosslyn

    Additionally, the federal executive department will take up the remaining space in the adjacent building, bringing occupancy to 100 percent with a total of 343,000 leased square feet.

    26 July 2017 19:15
  • Delinquency Rate Improves for Third Straight Month

    The delinquency rate declined to 2.94 percent in September, up just four basis points from a year ago, according to Morningstar Credit Ratings.

    01 November 2017 18:39
  • Economy Watch Weekly: First-Quarter Metrics Point to Slower Start

    As economic metrics for the first few months of the year start to trickle in, the figures seem to suggest the U.S. economy is off to a slower start in 2017. Economy Editor Dees Stribling discusses some of these metrics, including GDP, consumer confidence and hotel occupancy.

    02 May 2017 14:02
  • SL Green, Vornado Snag $1.2B Refi for Manhattan Tower

    The new loan on the 280 Park Ave. office building, now 97 percent leased following its emergence from a sweeping $150 million renovation, replaces the $900 million refinancing secured in 2016.

    28 August 2017 09:03
  • Blackstone Appoints New Executive

    Industry vet Kelley Morrell joins the company as managing director & head of asset management for the Tactical Opportunities business.

    07 September 2017 12:18
  • NKF Brokers Sale of South LA Office Building

    Miramar Property Group acquired a 75,711-square-foot property in Torrance, Calif., from Continental Development Corp. The asset is fully leased to Unify Financial Credit Union.

    18 September 2017 14:58