Antiquarian book company Bauman Rare Books is opening a new street-level gallery at Jack Resnick & Sons’ 485 Madison Ave. in Midtown Manhattan. As part of a new ten-year lease, Bauman will occupy 3,500 square feet on the ground and second floors of the 25-story tower. Founded by…
Housing Trust Group (HTG) and AM Affordable Housing closed on financing and commenced construction on Courtside Apartments II, a $58 million affordable apartment community comprised of 120 units in Miami’s historic Overtown neighborhood. Phase I wrapped up in 2016. Apartments at…
This series goes deep with some of the most compelling figures in commercial real estate: the dealmakers, the game-changers, the city-shapers and the larger-than-life personalities who keep CRE interesting. The Fallon Co.’s Fan Pier project in Boston’s Seaport District is…
The Trepp CMBS Special Servicing Rate rose 33 basis points to 8.79% in September. This was the ninth consecutive monthly increase and the second-largest uptick of 2024, the firm reported. Distress was consistent throughout, with the respective special servicing rates of the…
Berkadia arranged the financing of two Jacksonville apartments. The refinancing, which amounted to $73 million for both multifamily properties, was on behalf of ROI Capital. Brad Williamson, Wesley Moczul, Mitch Sinberg, Matt Robbins and Scott Wadler all had a hand…
Sonida Senior Living Inc. paid $29 million for two senior living communities in the Atlanta area. The sale totals 178 units. The assets have an average occupancy rate of 86% and average revenue per occupied room of more than $5,700….
General contractor Swinerton completed its sixth project with OneStreet Residential, HearthSide Riverdale. The demolition of the existing single-family homes on the 2.64-acre site in the South Atlanta suburb of Riverdale, Ga. is underway. The $16.4 million construction project is expected…
Local, state and federal officials convened with executives representing union labor and the construction industry at WS Development’s One Boston Wharf in Boston’s Seaport, to unveil the first sidewalk made with Sublime Systems’ low-carbon Sublime Cement, following an earlier integration…
Google has leased a 1.1 million-square-foot warehouse in the Silver Creek Business Park in Fort Worth. The business park, located at 9449 Silver Creek Road, is part of a 520-acre business park developed by Majestic Realty. The Fort Worth Report provided…
An apartment complex off George W. Liles Parkway in Concord changed hands in a recent sale. Tower Place Apartments sold for $22.3 million. The buyer was Silverado Interests. The 128-unit complex was sold by GVA. The Charlotte Business Journal report…
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