News
Heart to Heart Homecare Takes 13 K SF for Office in South Bronx
1+ hour, 18+ min ago (197+ words) Heart to Heart Homecare, a home health and personal care provider, is bringing its services to the South Bronx. The home care services agency, which provides nonmedical assistance to seniors and individuals with disabilities, has signed a 10-year, 12, 500-square-foot lease…...
Eagle, Vistria Buy 402-Unit Complex in Southern California for $133 M
1+ hour, 49+ min ago (195+ words) Two multifamily investment firms have expanded their affordability efforts into Orange County, Calif. , with the acquisition of a 402-unit workforce housing community. The partners also plan capital improvements to the nearly 60-year-old community. "Crystal View represents the continued scaling of…...
Dependable Equities Lands $54 M Resi Loan in Fort Lauderdale
3+ hour, 14+ min ago (178+ words) Dependable Equities has nabbed a $54 million preconstruction loan for a two-tower residential project in Fort Lauderdale, Fla. , the New York-based developer announced." CDK Capital provided the bridge financing, which covers a site at 101 Southeast Seventh Street and 633 Southeast Third Avenue,…...
S3 Capital Continues Texas Focus, Provides $28 M for New Multifamily
3+ hour, 9+ min ago (324+ words) S3 Capital appears to be in Texas for the long haul." Tannos Group has secured $28 million in construction financing to build the Albritton, a four-story, 111-unit Class A multifamily development in Friendswood, Texas. S3 Capital provided the debt, bringing the lender's total…...
Dim Sum Restaurant Breeze to Open at 590 Fulton Street in Brooklyn
4+ hour, 5+ min ago (237+ words) Popular Sichuan and dim sum restaurant Breeze is set to open a second Brooklyn location this fall. Breeze, also known for its curated wine and cocktail program, signed a 15-year, 3, 569-square-foot lease at the base of the Gotham Organization's 52-story,…...
Pacific Life Insurance Provides $125 M Refi for Chicago Luxury Tower
3+ hour, 41+ min ago (296+ words) Capital keeps flowing into the Windy City." LG Development Group has secured $124. 6 million to refinance Arthur on Aberdeen, a 363-unit, 18-story luxury residential tower that opened two years ago in Downtown Chicago." Pacific Life Insurance provided the debt, structured as…...
Lighting Designer Stickbulb Moves to 27 K SF at Brooklyn's MADE Bush Terminal " Commercial Observer
7+ hour, 3+ min ago (228+ words) The New York City Economic Development Corporation (NYCEDC) is all aglow about its newest tenant coming to Brooklyn's MADE Bush Terminal." Luxury lighting manufacturer Stickbulb has signed a 27, 300-square-foot lease across the Sunset Park manufacturing hub's Building A and Building…...
Italian Market Chain to Open First NYC Store by Penn Station " Commercial Observer
6+ hour, 37+ min ago (314+ words) Mangia! Mangia! Manhattan's Penn District is getting a new Italian market this fall." Dal Moros Fresh Pasta to Go, a fast-casual restaurant born in Venice, Italy, has signed a lease for 1, 100 square feet at 421 Seventh Avenue, marking the brand's first…...
Kolter and Rockpoint Secure $108 M to Build South Florida Rental
23+ hour, 34+ min ago (234+ words) Developer Kolter Group and private equity firm Rockpoint have secured $107. 8 million to build a garden-style multifamily project in Palm Beach Gardens, Fla. , property records show." PNC Bank provided the construction debt for the Sutton, a five-story, 432-unit development just north…...
Sedano's Buys Miami-Dade Retail Center Where It Operates a Supermarket
1+ day, 2+ hour ago (162+ words) Sedano's Supermarkets purchased one of the retail centers it anchors in Miami-Dade County, property records show." The buyer assumed the seller's $6. 7 million loan, increasing it by $33. 4 million, bringing the total debt to $40. 1 million, with Ocean Bank serving as a lender....