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NEW YORK CITY-Average apartment rents in Harlem in the past year have risen nearly 12%, outperforming all other markets in Manhattan, according to residential brokerage firm MNS.
NEW YORK CITY-Residential brokerage firm MNS reports that average apartment rents in Brooklyn have increased in the past year by 4.08% to $2,631 a month.
WHITE PLAINS, NY—Mesa West Capital reports it has provided a joint venture led by Morristown, NJ-based Normandy Real Estate Partners $119 million in first mortgage debt to refinance The Exchange, a 1.4-million-square-foot suburban office campus-styled portfolio here.
TYSONS CORNER, VA—With the impending arrival of The Silver Line Metrorail service in Tysons Corner and Reston, VA, CBRE says Phase 1 of the Silver Line will spur increases in commercial office leasing and development in the area.
BALTIMORE, MD-Actor Woody Harrelson and John Dwyer, founder of Capital Funding Group Inc. have acquired the boutique hotel The Inn at the Black Olive for $4.5 million.
ISELIN, NJ-Newmark Grubb Knight Frank brokered more than 100,000 square feet in new leases, lease renewals and expansions at the 630,000-square-foot Woodbridge Corporate Plaza office complex here.
NEW YORK CITY—Mark DePiero, former regional director for The Compass Group, has been appointed the new position of vice president of operations for conference center network company Convene.
NEWMAN, GA—Officials with Batson-Cook Construction report that the West Point, GA-based firm has begun construction on a new $48 million addition to the Cancer Treatment Centers of America at Southeastern Regional Medical Center in Newnan, GA.
CHARLOTTE, NC-Canyon Capital Realty Advisors LLC of Los Angeles reports it has provided the NRP Group LLC of Cleveland with $12 million of preferred equity in order to develop its Presidio mid-rise apartment project here.