JLL Arranges $221.8 Million Bridge Loan for Retail Portfolio in Brooklyn
New York City — JLL has arranged a $221.8 million bridge loan through JP Morgan to finance a retail portfolio in the Williamsburg neighborhood of Brooklyn.
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Gazit-Globe Acquires Leasehold Interest in Brooklyn’s Ceasar’s Bay Shopping Center for $43 Million
New York City — Gazit-Globe has acquired a leasehold interest in the Ceasar’s Bay Shopping Center in the Gravesend neighborhood of Brooklyn.
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Macy’s Acquires STORY Concept Store in New York City
New York — Macy’s Inc. has acquired STORY, a concept store in New York City.
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Nine West Files for Bankruptcy, Will Close all Stores
New York City — Nine West Holdings Inc. has filed for bankruptcy after accumulating $1.6 billion in debt.
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Jamestown Sells 1.2 Million-Square-Foot Chelsea Market in Manhattan to Google for $2.4 Billion
New York City — Jamestown LP has sold Chelsea Market in Manhattan to Google Inc. (NASDAQ: GOOG) for $2.4 billion.
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Cushman & Wakefield Arranges $23 Million Sale of Development Site in New York
New York City — Cushman & Wakefield has arranged the sale of a corner development site located in the Flushing neighborhood of Queens.
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Extell Development Closes on $1.1 Billion Financing for Central Park Tower in Manhattan
New York City — Extell Development Co. closed on a $1.1 billion construction loan for Central Park Tower on Dec. 29, 2017.
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Forest City Realty Trust Converts Ownership of 10 Retail Centers in Metro New York City
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.
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Rockwood Capital, Midtown Equities Receive $245 Million Loan for Mixed-Use Project in Brooklyn
New York City — Rockwood Capital, in partnership with Midtown Equities, has received $245 million in financing for a portion of Empire Stores in Brooklyn’s DUMBO neighborhood.
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Rosewood Realty Arranges $7.5 Million Sale of Retail Building in Queens
New York City — Rosewood Realty Group has arranged the sale of a retail building located in the South Astoria section of Queens in New York City.
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