New York

The cash and stock merger deal, which was announced on May 2, is expected to close on Sept. 7. The deal values MTGE at $19.65 per share of MTGE common stock based on the closing price of Annaly's common stock on April 30, 2018.

LaSalle shareholders are scheduled to vote on the Blackstone merger proposal on Sept. 6.

The seasoned real estate pros will lead Newmark Knight Frank's new private client group.

The owners of a portfolio of 15 retail properties in Williamsburg, Brooklyn received $221.8 million in financing.

City officials pegged the cost of the 50,000-square-foot YMCA complex being developed at 250 East 229th St., at approximately $60 million.

Knightsbridge Properties will use the loan to develop and restore one of the largest cast iron buildings in New York City.

The investment partnership, the first between the two firms, encompass the Waldorf Astoria Beverly Hills and the Beverly Hilton hotel properties.

The team, led by real estate veterans and executive managing directors Sergio Pérez, SIOR and Samuel Campos, includes 18 producers, six of whom are senior experts, NKF reports.