News/Events
Corebridge Financial Refis Meatpacking Office Property With $293M Loan
A joint venture between Aurora Capital Associates and William Gottlieb Real Estate has sealed a $293 million loan to refinance a mixed-use asset in Manhattan’s Meatpacking District, according to a release. Corebridge Financial provided the fixed-rate, permanent loan on the 158,957-square-foot building at 40 10th Avenue. The 2019-built property features 112,241 square feet of office…
Stroller Brand Uppababy Relocates Store to 156 Montague Street in Brooklyn Heights
Known for its distinctive strollers, baby gear brand Uppababy is relocating its store within Brooklyn, Commercial Observer has learned. The high-end baby accessories brand is opening a 3,780-square-foot brick-and-mortar location at Owen Realty’s 156 Montague Street in Brooklyn Heights, according to broker JLL. Uppababy will move next year from 90 Smith Street in Cobble Hill,…
Institutional and Private Equity Investors: Their Commercial Real Estate Hot Takes
Commercial Observer’s annual Institutional Investor & Private Equity Forum took center stage at 237 Park Avenue in Midtown Manhattan on Sept. 16, when some of the biggest names in commercial real estate investment offered their thoughts on the state of capital markets. Under the shadow of the Federal Reserve set to raise short-term interest rates…
A Different Downtown San Diego Is Taking Shape
Downtown San Diego looks a lot different than it did a year ago. People who haven’t spent much time there recently may still picture the challenges that dominated conversations before: quiet streets, empty storefronts, concerns about safety, and office towers that have too much vacant space. Some of those challenges remain. Office vacancy is still…
BridgeInvest Provides $114M Refi for Robert Rivani ‘Concierge Office’ in Miami Beach
Developer Robert Rivani has secured $114.3 million to refinance his eponymous Rivani, a 165,170-square-foot office and retail complex on Miami Beach, Commercial Observer can first report. BridgeInvest provided the debt out of its BridgeInvest Credit Fund V, where the new capital will retire $38 million of existing debt used to renovate the property and finance…
Vaja Group Acquires Astoria Development Site at 24-41 31st Street for $26M
Moses Freund’s Vaja Group has purchased another development site along the 31st Street corridor in Astoria, Queens, Commercial Observer has learned. The developer acquired the one-story retail building at 24-41 31st Street — a former Staples location — for $26.39 million, according to broker IPRG. The 29,638-square-foot site offers nearly 150,000 buildable square feet that would…
America's Data Centers Are Running Out Of People Who Know How To Run Them
Data center operators are increasingly struggling with labor shortages, particularly among senior leaders, affecting the growth of AI infrastructure.
Bisnow's 2026 DEI Data Series
Bisnow's package on diversity within commercial real estate, including data on the makeup of C-suites and analysis on the impact of evolving federal policy.
Lincoln Property's New Pennsylvania Head On What Types Of Deals He's Targeting
Lincoln Property is focusing on health, education and residential conversions under its new Pennsylvania leader, Charles McGrath.
