Cathy Cunningham
Commercial Observer
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Past articles by Cathy:
Chetrit Group Lands $55M Refi for NJ Mixed-Use Building
Chetrit Group has landed $55 million in financing for its mixed-use property in Fort Lee, N.J. → Read More
Silicon Valley Bank Collapses, Assets and Deposits in Hands of FDIC
Silicon Valley Bank— a major funder of tech startups and some CRE loans — collapsed on Friday and is in the hands of the FDIC. → Read More
Deutsche Pfandbriefbank Makes $90M Green Loan Debut at 1245 Broadway
Corem Property Group AB and GDS Development Management (GDSNY) have sealed $90 million in financing for 1245 Broadway. → Read More
Vision Properties Snaps Up Amazon-Leased Office for $110M, Lands $60M Loan
Vision Properties has acquired South Lake at Dulles Corner Business Park in Herndon, Va., for $110 million, and secured a $60 million loan. → Read More
Chetrit Group’s $85M Loan on Hudson Yards Site in Default, Up for Sale
The $85 million loan package on Chetrit Group’s Hudson Yards site is in default and being marketed for sale, Commercial Observer has learned. → Read More
Blackstone’s $271M Loan on Manhattan Multifamily Portfolio Hits Special Servicing
The $271 million CMBS loan on Blackstone’s Manhattan multifamily portfolio has been sent to special servicing. → Read More
Blackstone Snaps Up Atlanta Multifamily Property for $133M
Blackstone has expanded its Atlanta footprint with the acquisition of Ellington Midtown, a 473-unit multifamily building in Midtown. → Read More
Introducing CO’s IMPACT Series
CO is introducing a new series to coincide with Black History Month, Women's History Month, Earth Day and Pride Month. → Read More
RXR’s Scott Rechler Addresses Recent Headlines in Investor Letter Obtained by CO
RXR Chairman and CEO Scott Rechler sent a note to the company’s investors Friday, clarifying RXR’s plans for two office properties in its portfolio. → Read More
Maxim Capital, Beach Point Lend $55M on Three Phoenix Airport Hotels
Maxim Capital Group and Beach Point have provided a $55 million bridge loan to Caliber Companues for three Phoenix airport hotels. → Read More
Taconic, Clarion Selling Bronx Multifamily Portfolio for $65M: Sources
Taconic Partners and Clarion Partners are under contract to sell a multifamily portfolio in the Bronx to InterVest Capital Partners. → Read More
Basis Investment Group Invests $30M in Tishman Speyer’s LA Mixed-Use Project
Basis Investment Group (BIG) has invested $30 million of equity into Tishman Speyer’s Santa Monica Collection mixed-use development. → Read More
Camber Property Group Acquires Two Bronx Affordable Housing Properties for $56M
Camber Property Group has expanded its affordable housing portfolio with the addition of two properties in the Bronx. → Read More
New York Life Provides $147M Construction Loan for NJ Mixed-Use Project
Claremont Development, Stanbery Development Group and PCCP have landed a $146.6 million constructionloan for The District at 15fifteen. → Read More
Thor Snaps Up Long Island Industrial Site for $35M Via Bankruptcy Sale
Thor Equities is the official owner of a 23.3-acre industrial site in Deer Park, Long Island, Commercial Observer has learned. → Read More
MRA, Angelo Gordon Seal $32M Refi for Long Island Industrial Portfolio
Metropolitan Realty Associates and Angelo Gordon have landed a $31.9 million refinance for three industrial properties in Suffolk County. → Read More
Jesse Stein, Airbnb’s Global Real Estate Head, On Multifamily Partnerships
The tech giant has teamed with similarly larger outfits such as Greystar and Equity Residential to expand Airbnb's reach. → Read More
Nonperforming $108M Loan on Soho Properties’ 45 Park Place Up for Sale
The $108 million senior loan on Soho Properties’ luxury condo tower at 45 Park Place in Tribeca is being marketed for sale. → Read More
Green Thumb: BGO’s Jonathan Epstein Has Traversed a Few Crises in His Time
It’s better to be lucky than good” has been something of a mantra for Jonathan Epstein, and what a career it has been. → Read More
3650 REIT Rings In 2023 With New Transitional Lending Platform
Lender 3650 REIT is starting 2023 with a bang by launching a new transitional lending platform, Commercial Observer can first report. → Read More