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Net lease news – page 193
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Naftali Credit Partners Arranges $75M Debt for Flatbush Condo ProjectNaftali Credit Partners has closed on a $75-million loan to support the development of 757 Flatbush Ave., a nine-story ground-up condominium development in Brooklyn’s Flatbush neighborhood.
Zilber Opens Roseville Multifamily with Cottage-Style ResidencesEstia Roseville, a new residential community development by affiliated Zilber Ltd. entities Zilber Residential Group and Homes by Towne, is introducing a new housing option to Greater Sacramento with the debut of 209 cottage-style single-story apartment homes in Roseville.
John M. Corcoran Launches Leasing at Pawtucket ApartmentsJohn M. Corcoran & Co. has launched leasing at Dexter Street Commons, a new construction 150-unit apartment community with ground-floor retail in the Conant Thread District of Pawtucket, RI. Built by New England Construction, the five-story property will be managed by John M.
Content Creation Platform Spotter Takes 17K SF at Thor’s 25 West 39th StreetUpload complete. Spotter, a platform that provides tools to help content creators post on YouTube, has signed a 17,000-square-foot lease at Thor Equities’ 25 West 39th Street in Midtown.
Construction Tops Out at New Indiana Police Department HQSkender, serving as general contractor, along with developer Garmong, has topped out construction on the new Westfield Police Department headquarters, a $35 million facility designed to support the city’s growth and public safety needs.
Changes in Retail Real Estate Nationwide Have Accelerated: ForumKicking off a panel on the nature of experiential retail and the future of destination developments during Commercial Observer’s recent Retail & Hospitality Forum, Nima Fazeli, senior vice president of development for the H.wood Group, made a statement that should have seemed…
Greenstone Partners Facilitates Sale of Forest Park Retail CenterGreenstone Partners arranged the sale of Circle Plaza, a 100% occupied multi-tenant retail center located in Forest Park, Illinois, for $8.41 million. The transaction was brokered by Greenstone Partner and Investment Advisor Connor Sheedy.
AdvanCell Signs Full-Building Lease at IQHQ’s Innovation Park in AndoverIQHQ, Inc. said Monday that AdvanCell has signed a long-term, 128,000-square-foot lease for the entire 1 Corporate Dr. building at Innovation Park, IQHQ’s life science and advanced manufacturing campus in Andover, MA.
Kosher Grocer Bingo Wholesale Buys $50M Dev Site in Bed-StuyPopular kosher grocery chain Bingo Wholesale is expanding its Brooklyn footprint into Bedford-Stuyvesant.
Moinian Group Signs Deals With Three AI Firms at 60 Madison AvenueThe Moinian Group has been dealing with an avalanche of new leasing in Midtown over the last two weeks.
Representative imageBlackstone Provides $125M Refi for Dallas-Area Multifamily Mixed-Use ComplexHarbor Group International (HGI) has secured $124.6 million to refinance Alesio Urban Center, a mixed-use apartment community that combines more than 900 units with 55,500 square feet of retail in Irving, Texas, Commercial Observer can first report.
Helaba Lends $112M for Dallas-Area Apartments at Former JCPenney HQThe former headquarters of JCPenney is in line for a residential makeover with some fresh capital.
Billingsley Moving Forward on $2B Sloans Corners DevelopmentThe $2 billion Sloan Corners is making progress. The development will include a number of restaurants, shops, offices, housing and recreational amenities on the border of Allen and Fairview.
NYC Education Retirement System Signs 78K-SF Lease at 55 Water StreetA teacher’s retirement benefits agency is putting down long-term roots in Manhattan’s Financial District, Commercial Observer has learned.
Colliers Adds Justin Arzi From CBRE to NYC Capital Markets TeamColliers is further scaling its growing capital markets platform with the addition of veteran investment sales broker Justin Arzi from CBRE, Commercial Observer can first report.
Representative imageCulver City’s Housing Strategy: Don’t Be L.A.It’s not shocking to see heavyweights such as Lendlease, Lincoln Property Company and Hudson Pacific Properties building apartments in Southern California.
Opus, Ares Secure $67M Loan to Take Out Denver Apartment Construction FinancingOpus Development Co. and an Ares Real Estate fund secured a $67 million refinancing loan for Kalaco in Denver. Kalaco, a six-story building located on 1.91 acres at 1010 West Colfax Ave. was completed in August 2024.
Medallion Financial Relocates to 9K SF at Hartz Group’s 667 Madison AvenueCommercial finance company Medallion Financial has leased roughly 9,000 square feet at Hartz Group’s 667 Madison Avenue.
X-Caliber, CastleGreen Lend $431M for Hawaii Resort RedevelopmentThere is no “Heartbreak Hotel” for Reef Capital Partners. The development group just closed a $431 million debt package for the redevelopment of a Hawaiian resort where Elvis Presley filmed the 1961 musical romantic comedy “Blue Hawaii,” Commercial Observer has learned.
CRE/Multifamily Mortgage Debt Outstanding Crosses $5-Trillion ThresholdThe level of commercial/multifamily mortgage debt outstanding increased by $26.3 billion in the first quarter of 2026, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.