2+ day, 15+ hour ago   (201+ words) Longpoint Partners has dropped $195 million on a 10-building industrial portfolio in Miami-Dade County, the Boston-based private equity firm announced. The portfolio, composed of small-bay properties, spans 729,901 square feet across 41 acres. The buildings average about 73,000 square feet with clear heights ranging…...

3+ day, 12+ hour ago   (261+ words) The 42-unit residential conversion of a former Roman Catholic school at 560 Sterling Place in Crown Heights, Brooklyn, is well underway. Watermark Capital Group’s redevelopment project at the corner of Classon Avenue and Sterling Place is going ahead at a former…...

3+ day, 17+ hour ago   (220+ words) Coney Island Preparatory Public Charter School is moving from its Gravesend, Brooklyn, location to none other than Coney Island. The school signed a 39-year condominium leasehold agreement to build a 45,190-square-foot high school at Elie Fouerti’s 773 Neptune Avenue, where it…...

3+ day, 16+ hour ago   (241+ words) A Brooklyn developer got a higher calling for its latest multifamily project. David Grunfeld, through the entity GW Infinity, has landed $45 million of construction financing to build a 99-unit apartment building with an affordable housing component at a church-affiliated site…...

3+ day, 18+ hour ago   (272+ words) Diptyque, the French luxury brand known for its scented candles and perfume, is more than doubling its New York City office footprint in a move to Manhattan’s Murray Hill, Commercial Observer has learned. The company inked an 18,017-square-foot, full-floor deal…...

3+ day, 18+ hour ago   (248+ words) A Boston development firm’s plan for a multifamily project in suburban Boston is proving dino-mite. Dinosaur Capital Partners has landed $48 million of construction financing to build a multifamily property in Lexington, Mass., Commercial Observer has learned. Affinius Capital and Axonic…...

3+ day, 18+ hour ago   (130+ words) Kolter Urban and BH Group have secured $197 million in construction financing to build Olana Naples Residences, an estate-style condominium residence in Naples, Fla., along Florida’s Gulf Coast, Commercial Observer can first report. Apollo Global Management and BDT & MSD Partners provided…...

5+ day, 12+ hour ago   (609+ words) Move over “Jersey Boys,” because this Jersey girl is the queen bee of the New Jersey real estate market. And her work stays focused at the Jersey Shore, where she said she finds peace in the “history, architecture and charm,…...

5+ day, 14+ hour ago   (318+ words) Today’s senior housing boom comes with an expiration date, and the developers who recognize that now will hold the long-term competitive advantage. The financial engine powering this boom is a single-generation phenomenon. Those continuing to build exclusively for the top…...

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