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Hilton Garden Inn New York/Times Square Central Sold to DiamondRock for $127.2 Million

Hilton Garden Inn New York/Times Square Central Sold to DiamondRock for $127.2 Million

DiamondRock Hospitality, a real estate investment group based in Bethesda, recently added a new hotel to its portfolio of 27 properties across the U.S.…

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Gaia Real Estate Takes Over 144-Unit Portfolio at The Corinthian in $147 Million Transaction

Gaia Real Estate Takes Over 144-Unit Portfolio at The Corinthian in $147 Million Transaction

Massey Knakal Realty Services announced the sale and financing of a big portfolio of apartments in The Corinthian, a huge residential tower located a full block front of First Avenue between East 37th Street and East 38th Street in the Murray Hill neighborhood of Manhattan.…

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TODAY’S DEALS: Greystar Nabs Oregon Community from Invesco

TODAY’S DEALS: Greystar Nabs Oregon Community from Invesco

Greystar acquires a 264-unit community in the Silicon Forest; NorthMarq Capital finalizes a $13 million bridge loan for a Manhattan High Line condo project; and Smith Equities arranges the sale of two student housing assets that serve the University of South Florida.…

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The Stack Shows How Modular Construction Could Solve NYC’s Housing Crisis

The Stack Shows How Modular Construction Could Solve NYC’s Housing Crisis

Now that New York City’s housing shortage has grown into a veritable crisis, real estate developers lend a helping hand by implementing innovative designs and cost effective construction technology in their multifamily projects.…

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TODAY’S DEALS: Hunt Mortgage Group Refinances Two Houston Assets

TODAY’S DEALS: Hunt Mortgage Group Refinances Two Houston Assets

Hunt Mortgage Group (formerly Centerline) provides $12.5 million to refinance two Houston apartment assets; Walker & Dunlop structures $56 million in HUD financing for a Louisiana portfolio; and Meridian Capital arranges a $31.6 million financing with cash-out and reduced prepay penalty.…

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Brooklyn Brewery Looking to Open $70 Million Facility on Staten Island

Brooklyn Brewery Looking to Open $70 Million Facility on Staten Island

Beer drinkers rejoice! One of the strongest and longest-running brewing companies in New York City is looking to expand from its roots in Brooklyn somewhere on the western shore of Staten Island in response to the rising demand for its products.…

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TODAY’S DEALS: Colliers’ Cooke Team Brokers $168.5M Phoenix Portfolio Sale

TODAY’S DEALS: Colliers’ Cooke Team Brokers $168.5M Phoenix Portfolio Sale

Colliers' Cooke Team completes the largest Phoenix multifamily portfolio sale year-to-date; Charles Dunn Company brokers a $6.9 million sale in California's San Fernando Valley; and Besen & Associates brokers the sales of two Manhattan buildings.…

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Staten Island Mall to Expand by 445,000 Sq.Ft.

Staten Island Mall to Expand by 445,000 Sq.Ft.

It’s been almost two years since Superstorm Sandy hit New York City and all of its five boroughs are still working hard to recover after the disaster. Staten Island, the most badly damaged of them, is bustling with growth and development projects that are meant to revitalize the area and…

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TODAY’S DEALS: NorthMarq Dallas Office Arranges Refinances Totaling $78.49M for Borrower

TODAY’S DEALS: NorthMarq Dallas Office Arranges Refinances Totaling $78.49M for Borrower

NorthMarq Capital negotiates refinancing of two properties in Colorado and Georgia; and Madison Realty sells a Manhattan portfolio for $23.4 million following the doubling of property values. …

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B.R. Fries Completes Work on Pandora’s New 52 K Sq. Ft. Headquarters in Manhattan

B.R. Fries Completes Work on Pandora’s New 52 K Sq. Ft. Headquarters in Manhattan

Pandora Media, an internet radio and music streaming company based in Oakland, Calif., has a new home on the East Coast.…

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Nets Unveil Plans for $45 Million Training Center in Brooklyn’s Industry City

Nets Unveil Plans for $45 Million Training Center in Brooklyn’s Industry City

Major professional sports teams seem to be on a race for new practice facilities. Shortly after the Philadelphia 76ers revealed plans for their own training center in Camden and the Boston Bruins inked a long-term lease deal for a hockey rink at Boston Landing, the Brooklyn Nets announced they will…

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Kourtney and Khloé Kardashian Take Manhattan: New DASH Concept Store Could Open on Spring Street

Kourtney and Khloé Kardashian Take Manhattan: New DASH Concept Store Could Open on Spring Street

Two of the most famous sisters in the world of reality TV shows are on a quest to conquer Manhattan.…

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