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Net lease news – page 197
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Related, Battery Park City Authority Expand Affordability at Tribeca ParkThe Battery Park City Authority (BPCA) has reached an agreement with Related Companies to preserve and significantly expand rental affordability at Tribeca Park, a 27-story, 396-unit rental building built by Related in 1999 in Battery Park City’s north neighborhood.
Representative imageL.A. Closer to Scaling Back ‘Mansion Tax’Los Angeles lawmakers are moving toward asking voters to scale back perhaps the most controversial part of the city’s real estate regulations.
California People and Company News, Week of June 19, 2026The post California People and Company News, Week of June 19, 2026 appeared first on Connect CRE.
New Affordable Housing Project Moves Forward in PuyallupA new affordable housing development in Washington is moving forward with a first-of-its-kind financing structure that does not rely on the Low-Income Housing Tax Credits program.
Representative imageMiami-Area Warehouse Trades for $56MTerreno Realty on Thursday announced it has paid $56.3 million for an industrial property in Hialeah Gardens, Fla.
Charles Cohen Pays Off Judgment Debt Held by FortressCohen Brothers Realty Corporation said Thursday that Charles S. Cohen has paid the full balance of the judgment debt held by Fortress Investment Group, reportedly $187 million, after more than two years of litigation.
Chicago/Midwest People & Company News, week of June 19, 2026JLL announced the formation of the retail solutions group, a newly integrated team within JLL’s project and development services business to bring together design, architecture and project management capabilities throughout the entire brand lifecycle.
JLL Arranges Debt, Equity for Luxury Condo Development in Downtown LafayetteJLL Capital Markets has arranged $60.5 million in construction financing and additional joint venture equity for the development of Project Oak Hill, an 85-residence luxury condominium in downtown Lafayette.
Vilson Lumaj Plans Two 99-Unit Buildings in the Bronx After $14M DealHousing developer Vilson Lumaj has purchased a vacant property in the Bronx to build two 99-unit residential buildings, Commercial Observer has learned. The property at 761-769 East Tremont Avenue was sold for $10 million by real estate developer Yoram Eliyahu.
Post Brothers President Matthew Pestronk On D.C.’s $750M Office ConversionOne of the markets that has struggled the most with office real estate’s long post-pandemic correction happens to be home to one of the nation’s biggest conversion projects.
Altmark Group Sells Mott Haven Lots Destined for 99-Unit Redevelopment for $22MThree adjacent lots in the Bronx’s Mott Haven neighborhood have been snapped up for a series of ground-up, 99-unit housing developments.
Dwight Mortgage Trust Lends $26M on Florida BTR CommunityArk Homes for Rent has sealed $26 million of bridge debt for a newly developed build-to-rent (BTR) community along Florida’s Gulf Coast, Commercial Observer has learned.
Small Real Estate Operators, Developers Commit the Most Deed Theft: Brooklyn DANew York Gov. Kathy Hochul and Brooklyn District Attorney Eric Gonzalez visited a stately home in Bedford-Stuyvesant, Brooklyn, on Wednesday afternoon to brainstorm how to prevent deed theft.
TSMC Service Provider Spends $41M on N. Phoenix LandUnited Integrated Services (UIS), an engineering service provider to the Taiwan Semiconductor Manufacturing Company, acquired 29 acres of land at the Mack Innovation Park, located adjacent to the Deer Valley Airport in Phoenix, Arizona. The company paid $41 million for the land.
JV Acquires 441K-SF Cedar Park Retail CenterSterling and a Cohen & Steers REIT purchased the 1890 Ranch, a 441,620-square-foot retail center located at 1335 E. Whitestone Blvd. in Cedar Park, Texas.
Newmark Lands Leasing Assignment for 2.6M-SF Vintage Park East in FontanaNewmark has been awarded the exclusive leasing assignment for Vintage Park East in Fontana, one of the Inland Empire’s most prominent industrial developments, totaling approximately 2.6 million square feet across 10 buildings.
Tide Equities Sells Phoenix Rental Asset for $41MNitya Capital acquired the 274-unit Tides on McDowell for $41 million. Nitya Capital assumed the financing from the current lender as part of the transaction. The multifamily community is located at 4620 W. McDowell Rd. in Phoenix, Arizona.
Midtown Office-to-Resi Conversion Secures $480M FinancingMadison Realty Capital originated a $480-million loan to Yellowstone Real Estate Investments for the conversion of 1740 Broadway, a 523,051-square-foot, 27-story office building located along Broadway between 55th and 56th streets in Midtown Manhattan, into a 420-unit luxury…
Texas People & Companies, June 19, 2026The post Texas People & Companies, June 19, 2026 appeared first on Connect CRE.
Madison Realty Capital Lends $480M on 1740 Broadway Office-to-Resi ConversionYellowstone Real Estate Investments has secured a $480 million loan to convert a Midtown Manhattan office building at 1740 Broadway into luxury apartments and condominiums.