Category Archives: New York

Columbia Property Trust Pays $588M for Three Office Assets

Columbia Property Trust, Inc. has acquired the Spear Street Portfolio, two assets including the 315 Park Avenue South Building in Manhattan, New York, and the 1881 Campus Commons Drive Building…

NYCR Buys 570 Seventh Ave for $170.3M, Signs The Carlyle Group to One-Year Lease

American Realty Capital New York City REIT, Inc. (NYCR), a public non-traded real estate investment trust (REIT), has completed its acquisition of 570 Seventh Avenue, an office property in Times…

Bloomberg Extends Leases Covering 188,608 SF at 731 Lexington Ave

Bloomberg L.P. has exercised an option to extend its leases covering 188,608 square feet of office space at 731 Lexington Avenue. The leases were scheduled to expire in 2015. The…

Prospectus Details $300M Loan on Gateway Center Phase II

Deutsche Bank Securities, Inc has filed a prospectus related to COMM 2014-CCRE20, which is comprised of 64 commercial property loans secured by 101 properties with an aggregate principal balance of…

Prospectus Details $49M Loan on 6010 Bay Parkway in Brooklyn

A prospectus filed by Citigroup Global Markets Inc and Goldman, Sachs & Co for Citigroup Commercial Mortgage Trust 2014-GC25 provides details on the pool’s top loans, including a $49 million…

Northstar Originates $144M Loan on RXR-Managed Portfolio

NorthStar Real Estate Income II, Inc. has originated a $144 million senior loan secured by a portfolio of 28 commercial properties located in Woodbury, NY. The borrower is an affiliate…

Prospectus Details $180M Refi on 17 State St in NYC’s Financial East Submarket

J.P. Morgan Chase Commercial Mortgage Securities Trust has filed a prospectus related to JPMBB 2014-C23, a $1.4 billion CMBS conduit transaction collateralized by 65 fixed rate commercial mortgage loans that…

Northstar Closes on $125M Long Island Senior Living Portfolio Acquisition

NorthStar Healthcare Income, Inc. has completed its acquisition of a 570-unit portfolio of four senior living facilities in Long Island, NY for a purchase price of $125 million, plus closing…

Prospectus Details $40M Loan on 412 West 14th St in Meatpacking

Deutsche Bank, UBS and Jefferies LoanCore have filed a prospectus for the commercial mortgage-backed securities (CMBS) transaction COMM 2014-UBS5 Mortgage Trust, which is comprised of 70 mortgage loans secured by…

BioRestorative Therapies Relocating HQ from Jupiter, FL to Long Island

BioRestorative Therapies, Inc. has entered into a lease agreement to relocate its corporate and laboratory operations from Jupiter, FL into 6,800 square feet at 40 Marcus Drive in Melville, Long…