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2017-02-17  16:07
CIJ Europe
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Company News

CIJ Europe named Best Real Estate...

CIJ Europe, CEE & SEE Europe’s Real Estate digital and print news provider, has been named Best Real Estate Publication – CEE in the Business Excellence Awards 2017 by AI Magazine. AI Magazine, published by AI Global Media, is a monthly magazine that seeks to inform, entertain, influence, and shape the global corporate conversation through a combination of high quality editori...
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2017-02-17  15:37
CIJ USA
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Project News

Landsea secures $102.3m in construction...

California-based developer Landsea has obtained a $102.3 million construction loan for a condominium project on the Weehawken, N.J., waterfront. The mixed use development will include 6,000 sqf of ground floor retail space along with 184 units. The space includes a private screening theater, a private dining room, a lounge and a catering kitchen. Unit sizes range from just over 600 to...
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2017-02-17  15:35
CIJ USA
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Deals

2U moving from Chelsea Piers to 55 Prospect...

Education technology company 2U has signed a 78,000 sqf lease at 55 Prospect Street in Dumbo Heights, Brooklyn. Under the 12-year lease, the firm will occupy the entire eighth, ninth, and tenth floors and have access to the rooftop of the ten story, 255,000 sqf building. The company will relocate its headquarters from Chelsea Piers, where it occupies 20,000 sqf, by the end of 2017. S...
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2017-02-17  15:29
CIJ USA
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Company News

Weinreb scores $91m refinancing for two NYC...

Weinreb Management has secured a total of $91 million to refinance two rental buildings on the Upper West Side. The first property, 350 Central Park West, received a $50 million loan for a 145-unit rental building. The funding consolidates a new $14 million mortgage and replaces a $40 million loan from Santander Bank that was issued in 2012. The second loan for a 74 unit rental at 255...
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2017-02-17  15:26
CIJ USA
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Appointments

Greystone hires Scott Thurman as senior MD

Scott Thurman has joined Greystone as senior managing director and chief underwriter within the Federal Housing Administration (FHA) lending team. In his new role, Thurman will focus on multifamily, affordable and healthcare property transactions, as well as further streamlining the FHA underwriting process. Prior to joining Grestone, Thurman worked at ACRE Capital where he held a sim...
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2017-02-17  15:23
CIJ USA
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Deals

Colony NorthStar buys 4-building warehouse...

Los Angeles and New York-based investor Colony NorthStar has acquired a four-building warehouse and distribution complex in Orlando. The investor paid $67 million for the 946,379 sqf asset in Orlando’s Southwest Industrial Corridor or approximately $71 per sqf. The complex encompasses Beachline Distribution Center I, Beachline Distribution Center II, Crossroads Business Park V and Cro...
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2017-02-17  15:21
CIJ USA
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Research

Private home permit filings hit 14-month peak

According to data from the U.S. Department of Commerce permits filed in January for private homes across the U.S. were at their highest level over the last 14 months. The figure represents an increase of 4.6 percent to a seasonally adjusted annual total of 1.285 million. Permits for multi unit homes climbed 19.8 percent, while single family permits dropped 2.7 percent. In the Northeas...
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2017-02-17  11:58
CIJ Europe
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Company News

RBH plans expansion into Germany and Poland,...

The Redefine|BDL Hotels has appointed Tom Goldscheider as Director of Business Development to lead the expansion into Europe. RBH is proactively targeting Germany and Poland for lease and management contract opportunities for large branded hotels. Goldscheider will focus on developing and growing the RBH portfolio in Germany and Poland as well as assessing potential opportunities in o...
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2017-02-17  11:55
CIJ Journal
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Company News

Weil advises MOL on acquisition of OT...

Weil represented MOL in its acquisition of a majority stake in OT Industries Group. Weil describes OT Industries as “a key market participant of the Central and Eastern European oil and gas industry with its main profile in engineering, procurement and construction project implementation.” The transaction, which also involved a joint venture arrangement between MOL and the minority sh...
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2017-02-17  11:54
CIJ Europe
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Appointments

Avignon Capital appoints Nico Mercker-Sague...

Avignon Capital has appointed Nico Mercker-Sague to join its Berlin office as a Senior Asset Manager. This would be Avignon Capital’s first German hire, following the firm’s announcement in late-2016 that they would be opening a Berlin office, in order to create an on-the-ground German team. Nico Mercker-Sague will lead the asset management activities for Avignon’s German portfolio; ...
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