The Hekemian Group Scores $45M Recap From RXR, North Carolina Investment Authority – Commercial Observer
The Hekemian Group has secured a $45 million loan to recapitalize District Montvale, a 308-unit multifamily property that…
Mamdani Appoints Real Estate Leaders to Business Advisory Council – Commercial Observer
Business leaders in New York City could have Mayor Zohran Mamdani’s ear as the administration convenes a quarterly…
RXR Puts Helmsley Building Up for Sale for Roughly $670M – Commercial Observer
Scott Rechler’s RXR is putting the landmarked Helmsley Building up for sale more than two years after defaulting…
RXR Secures $475M From Apollo, JP Morgan to Convert 61 Broadway to Housing – Commercial Observer
Scott Rechler’s RXR continues to reinvent its stock of older office assets. RXR, together with One Investment Management,…
The Death of a Narrative – Commercial Observer
The battle cries were defiant. The panic raised goosebumps throughout the city. The threat felt so real to…
Extell’s Gary Barnett Buys Mezz Debt on One WorldWide Plaza as UCC Foreclosure Looms – Commercial Observer
In under a year, one of Manhattan’s prime office buildings has gone from being worked-out to being at…