After 2-year extension, Prince Building’s $200M loan lands in default
The $200 million loan on the Prince Building, 568 Broadway, landed in maturity default after receiving a two-year extension.
The Daily Dirt: City Council takes up fate of Eichner’s Crown Heights project
The Daily Dirt digs into the future of Continuum Company’s plans for 962-972 Franklin Avenue in Crown Heights, Brooklyn.
LAcarGuy to turn Toyota of Hollywood into retail village
The owner of Hawthorne-based LAcarGuy is backed by a new environmental study for its plan to replace the 67-year-old Toyota ...
The Real Deal2d
Billionaires don’t cold call brokers: Top agents talk Miami’s ultra-luxury market at TRD Forum
Miami’s luxury residential market is as hot as it’s ever been, thanks to a bunch of new billionaires in town, top agents said ...
The Real Deal1mon
Mostly leased office asset tests O’Hare market at $100 per sf
A venture led by Australian investor Andrew Saunders is seeking to offload its nearly fully leased office building near O’Hare International Airport. Saunders, an executive with Quattro ...
The Real Deal9d
Shoe mogul George Mersho could acquire SF office tower for $77M
Footwear mogul George Mersho is poised to buy a delinquent loan that will allow him to take control of a 284,750-square-foot office building in San Francisco for nearly $77 million. The CEO of San ...
The Real Deal23d
Plan to replace public housing in SF stalls as Strada exits project
A plan to replace a dilapidated public housing complex in San Francisco with 755 apartments has stalled, with Strada Investment Group walking away from the market-rate component. Two years ago, a ...
Grow or die: Brokerage leaders discuss industry changes and challenges at TRD Forum
Brokerage leaders discussed major changes and challenges facing the industry, speaking at TRD’s South Florida Real Estate ...
Fortress wins auction for Charles Cohen properties in largest-ever UCC foreclosure
Fortress Investment Group submitted credit bids totalling $148.7 million to acquire an equity stake in Charles Cohen ...
Magnolia tees up 90K sf office-to-resi prospect near Nashville Yards
Morgan & Morgan and all other tenants will exit 801 Broadway next year, and its location near Nashville Yards makes for a ...
How Miki Naftali picked his South Florida luxury projects
Naftali is building in Downtown Miami and Fort Lauderdale, areas that were largely an afterthought to luxury builders.
The Real Deal9d
Q & A: Ed Easton goes toe-to-toe with institutional giants in South Florida’s industrial market
Ed Easton doesn’t see himself ever retiring from South Florida’s real estate game. His Doral-based eponymous commercial real estate firm runs smoothly, entering its 50th year of existence by ...