NEW YORK CITY-An unidentified developer wins $12 million in financing to transform a former Washington Square church into a residential condominium development.
JERSEY CITY-GMAC picks up a 12-property warehouse portfolio in a $261-million sale-leaseback with Preferred Freezer, based here. The deal is being dubbed among the largest net-leased portfolio transactions completed in the past year.
JERSEY CITY-GMAC picks up a 12-property warehouse portfolio in a $261-million sale-leaseback with Preferred Freezer, based here. The deal is being dubbed among the largest net-leased portfolio transactions completed in the past year.
NEW YORK CITY-While a portion of the total is directly related to base closures, the heftier portion is in office leases. Still, the $574.2 million of affected CMBS represents approximately 0.2% of Standard & Poor's outstanding rated CMBS.
NEW YORK CITY-While a portion of the total is directly related to base closures, the heftier portion is in office leases. Still, the $574.2 million of affected CMBS represents approximately 0.2% of Standard & Poor's outstanding rated CMBS.
NEW YORK CITY-Brookfield Properties is negotiating with tenant for a large amount of space at 3 World Financial Center. The firm expects the occupancy rate will rise from the current 65% to 80% at the end of the third quarter.
