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Commercial Observer

@commobserver

Connecting and informing industry leaders of trends and individuals defining the global commercial real estate landscape.

 New York, NY
linktr.ee/CommercialObserver
Joined May 2009
  • Tweets50.4K
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  • Followers23.7K
Gencom-Led JV Buys InterContinental in Downtown Miami for $300M trib.al/SGpcF9A
Gencom-Led JV Buys InterContinental in Downtown Miami for $300M

Gencom-Led JV Buys InterContinental in Downtown Miami for $300M

The waterfront building was constructed in 1983.

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Weil, Gotshal’s Collapse Is Perfectly Timed for Manhattan’s Office Market trib.al/QpftmSo
Weil, Gotshal’s Collapse Perfectly Timed for Manhattan’s Office Market

Weil, Gotshal’s Collapse Perfectly Timed for Manhattan’s Office Market

And for its landlord, BXP, as the law firm’s sudden dissolution likely spills 447,000 square feet of Class A space onto a starved market.

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Irvine Company Secures $157M Multifamily Refi in L.A.’s Playa Vista trib.al/1gmRhdq
Irvine Company Secures $157M Multifamily Refi in L.A.’s Playa Vista

Irvine Company Secures $157M Multifamily Refi in L.A.’s Playa Vista

Capital One provided the Fannie Mae loan for the 309-unit luxury property.

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Grassroots Analytics Doubles D.C. Footprint With 25K-SF Office Lease trib.al/L7AXb4q
Grassroots Analytics Doubles D.C. Footprint With 25K-SF Office Lease

Grassroots Analytics Doubles D.C. Footprint With 25K-SF Office Lease

AFIAA’s office space at Arch Square is now fully occupied.

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Juda Chetrit Seals $55M Recap for 1384 Broadway trib.al/hV5K7Sr
Juda Chetrit Seals $55M Recap for 1384 Broadway

Juda Chetrit Seals $55M Recap for 1384 Broadway 

Maxim Capital Group provided the loan for the 204,034-square-foot Midtown Manhattan office tower. 

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Colliers Grows NYC Office, Industrial Leasing Teams With Two New Hires trib.al/lxJJeCW
Colliers Grows NYC Office, Industrial Leasing Teams With Two New Hires

Colliers Grows NYC Office, Industrial Leasing Teams With Two New Hires

John Albal and Joseph Hentze, Jr. will join the firm as senior associate and vice president, respectively.

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Is Prop 45 a Quick Fix to California’s Slow Construction Pace? trib.al/BGfjhWF
Is Prop 45 a Quick Fix to California’s Slow Construction Pace?

Is Prop 45 a Quick Fix to California’s Slow Construction Pace?

The proposal asks voters to curtail environmental rules to speed building.

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Jason Maurer Joins SL Green as Managing Director trib.al/ffkhJfP
Jason Maurer Joins SL Green as Managing Director

Jason Maurer Joins SL Green as Managing Director

The former BGRE executive vice president will lead SL Green’s retail leasing and Green Property Services’ office leasing.

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Greystone Refis Hollywood, Fla., Apartments With $109M Loan trib.al/zOaabUd
Greystone Refis Hollywood, Fla., Apartments With $109M Loan

Greystone Refis Hollywood, Fla., Apartments With $109M Loan 

BTI Partners and Bridge Investment Group redeveloped the former office property into a 362-unit multifamily building .

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Remembering Lauren Maturo, vice president of marketing at RXR, who passed away at age 32. Maturo spent almost eight years at RXR, where she helped launch the company's women's initiative and championed women in real estate. Scott Rechler, RXR's CEO and chairman, called her "a bright light who made every room she entered feel a little warmer." 🔗 Full story: trib.al/NOP3VRH By: Cathy Cunningham
Image from Commercial Observer (@commobserver)
Image from Commercial Observer (@commobserver)
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Lightstone Capital Provides $29.5M Loan for Orange, N.J., Multifamily Development trib.al/7SDuM9l
Lightstone Capital Supplies $29.5M Bridge Loan for N.J. Apartments

Lightstone Capital Supplies $29.5M Bridge Loan for N.J. Apartments

The loan will support the continued lease-up of Peek Capital’s 407 Highland Avenue development, known as the Lincoln.

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AJ Capital Partners Lands $52M Refi for Princeton, N.J., Hotel trib.al/6GrY4HL
AJ Capital Partners Lands $52M Refi for Princeton, N.J., Hotel

AJ Capital Partners Lands $52M Refi for Princeton, N.J., Hotel

GreenOak originated a $52 million loan for the 180-room hotel in Princeton, N.J., known as the Graduate by Hilton Princeton.

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Financial Tech Platform Intuit Takes 4K SF at the Orchard in LIC trib.al/L32WY1M
Financial Tech Platform Intuit Takes 4K SF at the Orchard in LIC

Financial Tech Platform Intuit Takes 4K SF at the Orchard in LIC

The Orchard, Queens’ tallest residential tower, has signed several new retail leases totaling 7,468 square feet.

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Miami Gardens Leases Public Land for Proposed Hotel trib.al/G3OI3hF
Miami Gardens Leases Public Land for Proposed Hotel

Miami Gardens Leases Public Land for Proposed Hotel

The proposal calls for a 127-room hotel, the Beckham Hotel Miami Gardens.

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Hudson Valley Boutique Shop Signs Lease in Manhattan’s Nolita trib.al/3Y7Wct6
Hudson Valley Boutique Shop Signs Lease in Manhattan’s Nolita

Hudson Valley Boutique Shop Signs Lease in Manhattan’s Nolita

A Beacon, N.Y., knickknack shop is making its New York City debut with a store in Manhattan’s Nolita neighborhood.

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Blackstone Mortgage Trust Reports $327.6M Loss as It Cuts Older Office Loans trib.al/rtvY4uk
Blackstone Mortgage Trust Reports $327.6M Loss in Third Quarter

Blackstone Mortgage Trust Reports $327.6M Loss in Third Quarter

The mortgage real estate investment trust sold nearly $1 billion of loans and says the damage of rising rates is now largely accounted for.

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Equinix Raises Outlook Again as Data Center Bookings Hit Record in Q3 trib.al/PyfLkYG
Equinix Raises Outlook Again as Data Center Bookings Hit Record in Q3

Equinix Raises Outlook Again as Data Center Bookings Hit Record in Q3

Demand for artificial intelligence and cloud infrastructure continues to skyrocket.

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Vici Properties Q3 Earnings Hampered by Market Headwinds, Caesars Lease Unknowns trib.al/2WlTBL3
Vici Q3 Earnings Hampered by Market Headwinds, Caesars Lease Unknowns

Vici Q3 Earnings Hampered by Market Headwinds, Caesars Lease Unknowns

The real estate investment trust saw third-quarter FFO attributable to common stockholders dip 55.1 percent

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Turner School Renews 8K-SF Lease at Feil’s 145 West 30th Street trib.al/5YI5Gmo
Turner School Renews 8K-SF Lease at Feil’s 145 West 30th Street

Turner School Renews 8K-SF Lease at Feil’s 145 West 30th Street

This is a “long-term lease” with an asking rent of $55 per square foot.

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Bank OZK Leads $135M Financing for Yonkers Apartments Build trib.al/jVvh1Q1
Bank OZK Leads $135M Financing for Yonkers Apartments Build

Bank OZK Leads $135M Financing for Yonkers Apartments Build 

The bank provides $92 million construction loan to build 282-unit multifamily project.

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