New York City — Forest City Realty Trust has completed the conversion of its common ownership interest to preferred interest in 10 specialty retail centers in the New York City metro area.
Rochester, N.Y. and Cleveland, Ohio — HFF has arranged the $33.8 million refinancing of 21 single-tenant retail properties in metropolitan Rochester, New York, and Cleveland, Ohio.
Paramus, N.J. — HFF has arranged $663 million in financing for 15 retail properties and one industrial property located throughout New York and New Jersey.
Lansing, N.Y. — Uber Capital Group, a commercial real estate financial advisory and mortgage origination firm, has arranged a $14 million loan for the acquisition of The Shops at Ithaca Mall, a shopping center located at 40 Catherwood Road in Lansing.
New York City and North Bergen, N.J. — Madison International Realty will acquire Forest City Realty Trust’s 51 percent interest in a 2.1 million-square-foot, 12-asset retail portfolio located in New York City and northern New Jersey for $1 billion.
New York City — SL Green Realty Corp. has partnered with RXR Realty to acquire a 48.7 percent interest in Worldwide Plaza, a Class A mixed-use property in Midtown Manhattan.
New York City — Houlihan-Parnes Realtors has arranged a $52.5 million first mortgage loan for a 285,000-square-foot office and retail property located at 2501 Grand Concourse in the Bronx neighborhood of New York City.
Parsippany, N.Y. — RD Management, JMF Properties and Ripco Real Estate Corp. have broken ground on Waterview Marketplace, a shopping center located roughly 27 miles outside New York City in Parsippany.