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Overview
For real estate trends & commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, & design.
News
AI Wealth Management Platform Vise Grabs 12K SF at 50 Ninth Avenue
Artificial intelligence-powered wealth management platform Vise is moving from SoHo to 50 Ninth Avenue in the Meatpacking District, where it will quadruple its office space to 11,949 square feet. The space spans the second floor of several combined histor
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Sisters of the Visitation Monastery Sells to Integritas Capital for $42M
A 170-year-old monastery in Bay Ridge, Brooklyn, has sold for $42.25 million. The Sisters of the Visitation's 7.5-acre campus at 8902 Ridge Boulevard - a campus behind 30-foot stone walls, with a monastery, chapel and school - was bought by a group of Bro
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Benefit Street Partners Provides $103M Bridge Debt for Texas Multifamily Portfolio
Vantage Communities has secured $103 million in bridge debt to refinance a three-property, 864-unit multifamily portfolio in three cities in Texas, Commercial Observer can first report. Benefit Street Partners provided the debt, which will finance the pro
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Coastland Residential Lands $85M to Build Miami-Dade Rental
Coastland Residential has nabbed a $84.5 million construction loan for a multifamily development near Tropical Park in southwest Miami-Dade County. The debt from PNC Bank covers the Vybe 75, which will house 366 apartments and 5,000 square feet of ground-
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