16+ hour, 53+ min ago   (294+ words) A joint venture between RJ Capital Holdings and Top Rock Holdings has landed $125 million of construction financing to build a condominium development in Queens" Forest Hills neighborhood, Commercial Observer can first report. Madison Realty Capital and Naftali Credit Partners provided…...

1+ day, 14+ hour ago   (446+ words) A New Jersey developer has netted a key goal for a newly acquired hotel property just yards from where World Cup soccer matches will kick off in June at MetLife Stadium." P3 Properties has scored $25.2 million of acquisition financing from OptimumBank…...

1+ day, 15+ hour ago   (318+ words) Building materials supplier Nasco Stone + Tile is moving its office and showroom to a larger location within Manhattan's Flatiron District. Nasco, which supplies stone, tile and architectural surface materials for designers, contractors and commercial clients throughout New York City, has…...

1+ day, 17+ hour ago   (299+ words) The perks at 1540 Broadway are about to level up." GFP Real Estate, alongside BDT & MSD Partners, is investing $150 million to reintroduce the 907,000-square-foot Times Square office tower with two floors of revitalized tenant amenities, the property manager told Commercial Observer....

1+ day, 17+ hour ago   (279+ words) Alexandria Real Estate Equities has offloaded its life sciences office building in Long Island City, Queens, at a $40.5 million discount from its 2018 purchase price, according to city records made public Tuesday. Alexandria, through the entity ARE-NY Region No. 2, sold the…...

1+ day, 17+ hour ago   (270+ words) Deutsche Bank continues to sell South Florida office properties for little gain to Lone Star Funds." DWS Group, the German bank's asset manager, and RREEF, its property trust, sold an office complex in Downtown Coral Gables for $119.6 million, just $1 million…...

1+ day, 17+ hour ago   (199+ words) A consortium involving Lonicera Partners, Nimbus Properties and Benedict Capital have secured $88 million in construction financing to build Benedict Court, a 120-unit multifamily property with 48 affordable units in Greenwich, Conn. Santander Bank provided the debt financing, while Cushman & Wakefield's Gideon…...

1+ day, 18+ hour ago   (291+ words) The lights are much brighter there, you can forget all your troubles, forget all your cares," Petula Clark once sang. And one buyer certainly agrees." Lexin Capital has sold its downtown development site at 75-83 Nassau Street in Manhattan's Financial District…...

1+ day, 19+ hour ago   (226+ words) Artificial intelligence health care firm Alaffia Technology Solutions is doubling its office footprint in a relocation within Lower Manhattan, Commercial Observer has learned. Alaffia, which provides AI-backed solutions for health insurance plans, has signed a six-year, 7,462-square-foot lease on the…...

2+ day, 13+ min ago   (315+ words) Apollo Supplies $245M Construction Loan for Charlotte Office Tower'Commercial Observer Apollo Supplies $245M Construction Loan for Charlotte Office Tower The second phase of Queensbridge Collective project also secured $105 million structured equity investment from RXR, One Investment Management and Liberty Mutual Investments. By…...