Recent Posts
News•Feb 27, 2026
RXR Closes on Financing for FiDi Office-to-Resi Conversion
RXR and One Investment Management have closed a $500‑million‑plus financing package to convert the historic 61 Broadway office building in Manhattan’s Financial District into a 796‑unit residential tower. Construction is slated to begin this month with the first apartments expected in the first half of 2028. The capital stack includes a $55 million tax‑equity investment from JPMorgan and $420 million of construction debt from Apollo affiliates, leveraging potential state and federal historic tax credits. The deal underscores RXR’s expanding portfolio of office‑to‑residential conversions, including a similar project at 5 Times Square.
By Connect CRE
News•Feb 27, 2026
Betches Media Relocates Headquarters to Park Avenue South
Savills brokered a 23,038‑square‑foot lease for Betches Media, securing the entire sixth floor of the newly renovated 360 Park Ave South building. The digital media company, known for its women‑focused content across social, video, podcasts and events, is moving from its 43 W. 24th St location...
By Connect CRE
News•Feb 27, 2026
GSA, CBRE Put Laguna Niguel’s Ziggurat Building on the Sale Block
The U.S. General Services Administration announced it will sell the former Chet Holifield Federal Building, known as the Ziggurat, in Laguna Niguel, partnering with CBRE to market the property. The 90‑acre, one‑million‑square‑foot, 1971‑era landmark sits on a prime Southern California...
By Connect CRE
News•Feb 27, 2026
Meridian Arranges Freddie Mac Loan for Northern NJ Apartments
Meridian Capital Group arranged a $63,503,000 Freddie Mac loan for Wayne Village, a 275‑unit garden‑style apartment complex in Wayne, New Jersey. The financing was secured through Capital One by Meridian’s Matt Texler. Wayne Village offers one‑ and two‑bedroom units, including town‑house‑style...
By Connect CRE
News•Feb 27, 2026
Greenstone Partners Closes Sale of 225K-SF Lake Forest Office Complex
Greenstone Partners has closed the sale of Conway Park, a 225,000‑square‑foot office complex in Lake Forest, Illinois, for $8.9 million. The transaction emerged from a competitive auction that attracted 15 qualified bidders, with The STG Group acting as the buyer. The property is currently 43%...
By Connect CRE
News•Feb 27, 2026
Marcus & Millichap Closes Sale of Apartments Near MBTA Station
Marcus & Millichap closed a $4 million sale of the Pine Street Apartments in Attleboro, Massachusetts. The 19‑unit, mixed‑size complex sits less than half a mile from the Attleboro MBTA commuter rail station, offering transit‑oriented appeal. The seller’s diligent upkeep and...
By Connect CRE
News•Feb 27, 2026
Sword Industrial Partners Acquires Tulsa Warehouse, Distribution Park
Sword Industrial Partners acquired the Braniff Park West warehouse and distribution park in northeast Tulsa for $20 million. The two‑building, 21.67‑acre site offers 261,692 square feet of space, currently 89% leased to tenants such as HSM Transportation, Forward Air, and Ramsey Industries. Formed in 2025...
By Connect CRE
Deals•Feb 27, 2026
Sword Industrial Partners Acquires Braniff Park West
Sword Industrial Partners has completed the acquisition of Braniff Park West, a 21.67‑acre warehouse and distribution park in northeast Tulsa, Oklahoma, for $20 million. The property, 89% leased to industrial and logistics tenants, expands Sword’s portfolio of multi‑tenant infill industrial assets.
Connect CRE
Deals•Feb 27, 2026
Meridian Capital Group Secures $63.5M Freddie Mac Loan for Wayne Village Apartments
Meridian Capital Group arranged a $63.5 million loan from Freddie Mac, secured through Capital One, to finance the 275‑unit Wayne Village apartment community in Wayne, New Jersey. The financing will support the property’s operations and potential upgrades. The deal was announced on...
Connect CRE
News•Feb 26, 2026
MBK Rental Living Divests Class A Multifamily in Duarte
MBK Rental Living completed the sale of its 344‑unit, Class A, transit‑oriented Esperanza at Duarte Station to an undisclosed buyer, ending a joint venture with Haseko Corporation that began with the property’s 2022 opening. The transaction was brokered and financed by...
By Connect CRE
News•Feb 26, 2026
Talonvest Structures Permanent Loans for Self-Storage Trio
Talonvest Capital arranged $42.6 million of permanent financing for three Class A self‑storage properties owned by The William Warren Group. The largest loan, $25 million, funds a 1,261‑unit facility in Hawthorne, California, with a five‑year interest‑only structure. Two additional loans of $9 million and...
By Connect CRE
News•Feb 26, 2026
New York People and Company News, Week of Feb. 27, 2026
The week’s New York CRE roundup highlighted several high‑profile appointments and a major financing boost. Allen Matkins added Jeannine M. Olmo to its Global Real Estate Group, while Machine Investment Group brought in Charlie Leonard as Partner, Investments and Capital...
By Connect CRE
News•Feb 26, 2026
Nauset Completes Makeover of Circa-1949 Brookline Apartments
Nauset Construction finished a full renovation of Forte at 1440 Beacon, a 136‑unit luxury apartment complex in Brookline’s Coolidge Corner. The upgrade modernized the lobby, common areas, exterior and MEP systems of the 1949‑built property while residents remained occupied. Wingate...
By Connect CRE
News•Feb 26, 2026
Leominster Sale Reflects “Surge” In Worcester County Industrial
Marcus & Millichap closed the sale of 44 Mead St., a 62,259‑square‑foot industrial complex in Leominster, MA, for $4 million to The Lexvest Group. The eight‑tenant, 4.1‑acre site features high clear heights, multiple loading docks, and direct access to Route 2 and the North Leominster...
By Connect CRE
News•Feb 26, 2026
OpenAI Commits to Silicon Valley Presence with 439K-SF Lease
OpenAI has signed a ten‑year lease for a 439,000‑square‑foot campus at 350 and 380 Ellis Street in Mountain View, securing its first right of purchase before the property is marketed by KKR Real Estate Finance Trust. The lease follows advanced...
By Connect CRE
Deals•Feb 26, 2026
MBK Rental Living Sells Esperanza at Duarte Station to Undisclosed Buyer
MBK Rental Living has completed the sale of its 344‑unit Esperanza at Duarte Station apartment community in Duarte to an undisclosed buyer. The property, developed as a joint venture with Haseko Corporation, was brokered by Berkadia, and terms of the...
Connect CRE
Deals•Feb 26, 2026
Ladder Capital Corp Secures $675M in New Unsecured Capital Commitments
Ladder Capital Corp, a commercial real estate finance REIT, announced it has secured $675 million in new unsecured capital commitments, including a $400 million expansion of its revolving credit facility and a $275 million delayed draw term loan facility. The...
Connect CRE
News•Feb 25, 2026
ViaWest, Walton Sell Tempe Warehouses for $24.5M
Speed Bay acquired the Farmer Industrial Center in Tempe for $24.5 million, adding a 93,900‑sq‑ft, two‑building industrial park to its portfolio. The property, sold by ViaWest Group and Walton Street Capital, is 94.1% leased to seven tenants spanning aerospace, logistics, home‑improvement...
By Connect CRE
News•Feb 25, 2026
$4B Sherman Chip Fab Starts Production
GlobalWafers has launched Phase II production at its Sherman, Texas silicon‑wafer fab, a $4 billion expansion that brings total regional investment to $7.5 billion. The 12‑inch wafer line will supply Texas Instruments, TSMC and other partners producing chips for Apple. The project receives...
By Connect CRE
Deals•Feb 25, 2026
Greystone Provides $80.9M Debt and Equity Financing for 640-Unit NC Affordable Housing Rehab
Greystone is financing the rehabilitation of a 640‑unit affordable housing portfolio in rural North Carolina with $80.9 million in debt and equity. The deal includes $52.5 million of USDA 538 construction‑to‑perm loan from Greystone Servicing Company LLC, $28.3 million of LIHTC equity from...
Connect CRE
Deals•Feb 25, 2026
Speed Bay Acquires Farmer Industrial Center From ViaWest Group and Walton Street Capital for $24.5M
Speed Bay paid $24.5 million to acquire the 93,900‑sq‑ft Farmer Industrial Center in Tempe from ViaWest Group and Walton Street Capital. The property, 94.1% leased to seven tenants across diverse industries, provides a stable income stream.
Connect CRE
Deals•Feb 23, 2026
Landmark Companies Acquires The Grove at Piscataway for $35.075M
Landmark Companies completed a $35.075 million acquisition of The Grove at Piscataway, a 110‑unit luxury multifamily community in New Jersey. The transaction, facilitated by JLL Capital Markets, finalizes a 1031 exchange for Landmark, allowing it to replace legacy properties with a...
Connect CRE
Deals•Feb 23, 2026
Lone Star Funds Secures $235M Refinancing for Florida Senior Housing Portfolio
Lone Star Funds obtained a $235 million mortgage to refinance an 11‑property senior housing portfolio in Florida and Texas. The loan was originated by Marathon Asset Management’s commercial real estate platform, with CBRE arranging the financing. The refinancing supports ongoing...
Connect CRE
Deals•Feb 23, 2026
Institutional Property Advisors Sells Rivers Bend Apartment Homes to Charger Ventures
Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of the 432‑unit Rivers Bend Apartment Homes in Windsor, Connecticut to Charger Ventures. The terms of the transaction were not disclosed.
Connect CRE
Deals•Feb 23, 2026
Gantry Arranges $13.25M Permanent Loan for Carlsbad Pacific Center Acquisition
Gantry secured a $13.25 million seven‑year, fixed‑rate, non‑recourse permanent loan for Strauss Investments to acquire the Carlsbad Pacific Center office campus in Carlsbad. The loan, featuring partial interest‑only periods, marks Gantry’s second office acquisition loan for the sponsor after an $11 million...
Connect CRE
Deals•Feb 20, 2026
Metropolitan Realty Associates Refinances $33.2M Last-Mile Distribution Facility
Metropolitan Realty Associates LLC refinanced its 315,000‑sq‑ft last‑mile distribution facility in Windsor, Connecticut, with a $33.2 million loan from Webster Bank. The new financing paid off the existing Bank of America mortgage and underscores the demand for logistics assets driven by...
Connect CRE
Deals•Feb 20, 2026
Essex Capital Markets Secures $20.8M Refinance for Lincoln Park Multifamily Portfolio
Essex Capital Markets, LLC arranged a $20.8 million loan to refinance a two‑property, 90‑unit multifamily portfolio in Chicago’s Lincoln Park on behalf of the ownership group operating as Beal. The loan, provided by a national banking partner, carries a 5.35% interest...
Connect CRE
Deals•Feb 20, 2026
Pathfinder Partners Acquires San Carlos Village for $31.6M
Pathfinder Partners, a San Diego real‑estate investment firm, acquired the 160‑unit San Carlos Village multifamily complex from EFRSCV LLC for $31.6 million. Newmark arranged the off‑market sale and provided $18.6 million in acquisition financing, with the property set to be renamed Cowles...
Connect CRE
Deals•Feb 20, 2026
Signature Acquisitions Secures $21.45M Refinancing From Symetra Life Insurance
Arrow Real Estate Advisors arranged a $21.45 million refinancing for Signature Acquisitions, secured by a 203,506‑square‑foot Class A office property in Parsippany, New Jersey. The loan was provided by Symetra Life Insurance and is backed by a triple‑net lease to tenant Travel + Leisure.
Connect CRE