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655 Morris Will Bring 176 Units of Affordable, Energy-Efficient Housing in the Bronx

655 Morris Will Bring 176 Units of Affordable, Energy-Efficient Housing in the Bronx

Work has started on a new residential building on the corner of Morris Avenue and 153rd Street in the Melrose neighborhood of the Bronx.…

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TODAY’S DEALS: Forum Sells Denver Apartment, Achieves Record Price Per Square Foot

TODAY’S DEALS: Forum Sells Denver Apartment, Achieves Record Price Per Square Foot

ARA brokers Forum Real Estate Sale of a 57-unit apartment in Denver; Titan SenQuest grabs a seniors housing community in Grand Rapids; and Meridian Capital Group arranges a $2.3 million loan with a below-market interest rate.…

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Growth Markets for 2015: Upstate New York

Growth Markets for 2015: Upstate New York

Secondary cities in the South and Northwest grab the headlines, but upstate New York is beginning to be recognized for stable recovery and urban reinvention.…

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TODAY’S DEALS: Cohen Financial Secures $167.6M Construction Loan for Miami Development

TODAY’S DEALS: Cohen Financial Secures $167.6M Construction Loan for Miami Development

Cohen Financial secures a $167.6 million construction loan for Muse in Sunny Isles located at 17141 Collins Avenue; and Meridian Capital arranges $32 million for two mixed-use properties in New York.…

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TODAY’S DEALS: Inland Acquires Newly Constructed Indianapolis Community

TODAY’S DEALS: Inland Acquires Newly Constructed Indianapolis Community

Inland Real Estate Picks up a 384-unit asset from Milhaus in an HFF-brokered sale; Gebroe-Hammer closes 13 multifamily sales in July and August; and Meridian Capital brokers $29 million in creative acquisition and construction financing for a boutique condominium project.…

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TODAY’S NEWS: Cohen Financial Secures $64M for a Colorado Development

TODAY’S NEWS: Cohen Financial Secures $64M for a Colorado Development

Cohen Financial secures financing for a 312-unit development between Denver and Boulder; Equicap arranges a $12.5 million mortgage for a portfolio in New York's East Village; and Grandbridge Real Estate Capital obtains a $8.35 million life insurance company loan for a portfolio of properties located in the Twin Cities.…

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Commuters Rejoice: Proposed Sky Gondola to Alleviate Traffic, Reduce Travel Times Between Manhattan and Brooklyn

Commuters Rejoice: Proposed Sky Gondola to Alleviate Traffic, Reduce Travel Times Between Manhattan and Brooklyn

An online real estate company wants to jazz up New York City’s soaring transportation system by proposing an innovative solution: an urban gondola that would run—scratch that, float—between Brooklyn and Manhattan, and possibly even Queens.…

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SL Green Unveils $210 Million Renovation Plan for Grand Central Station

SL Green Unveils $210 Million Renovation Plan for Grand Central Station

The developer behind the giant office tower that will rise just west of the Grand Central subway station in Midtown Manhattan plans to invest around $210 million in extensive renovations and improvements at the iconic transportation terminal that’s been around for more than 140 years.…

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TODAY’S DEALS: Mack-Cali, Ironstate Land $192M via NorthMarq for Jersey City Apartment Tower

TODAY’S DEALS: Mack-Cali, Ironstate Land $192M via NorthMarq for Jersey City Apartment Tower

NorthMarq arranges $192 million for a 763-unit development; CBRE Global Investors acquires 432 units in The Woodlands; and Everbank funds a $2 million acquisition loan for a mixed-use property in Chicago.…

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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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