News

Pension fund shops Manhattan’s IBM Building

State Teachers Retirement System of Ohio is shopping 590 Madison Avenue, its Midtown Manhattan office at the corner of East


Admiral Capital, McCann sell Atlanta-area apartments

Admiral Capital Group and McCann Realty Partners have sold Discovery at River Bend, a 256-unit multifamily property located in Duluth,

Pearkmark brings on Mendez, Page

Pearlmark has brought on Christopher Mendez and Keith Page as senior investment officers focusing on debt and equity investment originations



Sound West launches opportunity-zoned focused arm

Seattle-based Sound West Group has launched Sound West Realty Capital, an investment firm primarily focused on the sponsorship of project-specific


Champion Realty shifts focus to target industrial

Champion Realty Advisors, a Chicago-based commercial real estate firm, refocused its strategy to focus on transportation- and outdoor storage-related acquisitions.


PGIM REF zeros in on multifamily, industrial strategy

Driven by strong multifamily and industrial transaction volume, PGIM Real Estate Finance originated $8.1bn in commercial mortgage financing in the


Cushman & Wakefield shops Queens portfolio

Cushman & Wakefield is marketing a trio of three Queens properties, which range in price from $3.45m to $22m. The


Clarion funds $20m subordinate debt investment

Clarion Partners has funded a $20m in subordinate debt to refinance a five-property, full-service hotel portfolio owned by Ashford Hospitality.


Washington, DC sees highest retail rent recorded in 2018

Capital One’s planned Capital One Café at 732-736 7th Street NW in Washington, D.C., represents a record rent for inline


666 Fifth loan paid off, hope note takes 100% loss

Kushner Companies’ $1.215bn mortgage on 666 Fifth Avenue has finally been paid off, with the $1.1bn A note paid off


Construction lender ranks swell as regs rolled back

On the heels of regulatory reform, investors are reporting that it’s becoming easier to finance new construction projects after several years


Metaprop: Investor confidence in proptech soars

Global real estate pros are feeling more confident than ever about the future of proptech, with 96% of investors saying


Local developer moves into downtown Cleveland

Development company NRP Group has moved its headquarters from Garfield Heights, Ohio, to downtown Cleveland to tap into the forefront of a




Natixis provides $380m for Brooklyn waterfront apartments

Natixis has made a $380m fixed-rate loan to refinance the last phase of Douglaston Development’s six-building Williamsburg waterfront development. The


Ex-Eastern Consolidated veterans launch advisory firm

Rubin Isak and Lev Kimyagarov, a pair of veteran New York brokers who were formerly at Eastern Consolidated, have rolled


JLL, CPS join forces for restructuring initiative

JLL has entered into an exclusive agreement with workout specialist CPS Real Estate to provide restructuring services, including property research, market


Hines set to shop Playa Vista offices

Hines is seeking buyers for the Campus at Playa Vista, a four-building Class A office complex in Los Angeles. Eastdil


GSAM closes on Chicago industrial portfolio

Goldman Sachs Asset Management Private Real Estate has acquired a 10-building industrial portfolio in three Chicago submarkets, opting to build