NEW YORK CITY-Crystal River Capital, formed nearly a year ago by Hyperion Capital Management, files with the SEC for an initial public offering that is anticipated to raise as much as $460 million. The REIT's common stock will be listed on the New York Stock Exchange as CRZ.
NEW YORK CITY-Crystal River Capital, formed nearly a year ago by Hyperion Capital Management, files with the SEC for an initial public offering that is anticipated to raise as much as $460 million. The REIT's common stock will be listed on the New York Stock Exchange as CRZ.
NEW YORK CITY-The Community Resource Exchange and the FoodChange are separating after 25 years of cohabiting. CRE is moving to 10,000 sf at 42 Broadway, leaving its portion of the 17,000 sf at 39 Broadway to FoodChange, which is set to fill the entire space.
NEW YORK CITY-Finance concern iStar Financial will a total of $475 million in senior notes to repay outstanding balances on an unsecured revolving credit facility. The offering is expected to close on Dec. 14.
NEW YORK CITY-Vornado plans a $353-million refinancing of 770 Broadway. The REIT is also focusing a variety of efforts in the Penn Plaza area. Kimco sees great opportunity across the border in Mexico.
NEW YORK CITY-Vornado plans a $353-million refinancing of 770 Broadway. The REIT is also focusing a variety of efforts in the Penn Plaza area. Kimco sees great opportunity across the border in Mexico.
WHITE PLAINS-Reckson acquires the 1.6-million-sf EastRidge portfolio for approximately $255 million. It consists of 14 buildings within five business parks.