NEW YORK CITY-A $100-million acquisition/construction loan gives two major Spanish developers their first US project--139 luxury condominiums on vacant land at 39 East 29th St.

NEW YORK CITY-The deal itself is small, insiders say. More important is the trend toward ownership of its affiliates.

NEW YORK CITY-It's a first-time deal for the two players, which closed on the purchase of the 600,000-sf asset today. Expect more Metro-area buys from the JV.

NEW YORK CITY-It's a first-time deal for the two players, which closed on the purchase of the 600,000-sf asset today. Expect more Metro-area buys from the JV.

NEW YORK CITY-A healthy economy and a fiercely competitive market drive law firms to top-tier city space with the expectation of future growth. But exit strategies always play into lease negotiations.

In this industry, there's a real neglect of intellectual capital.

NEW YORK CITY-New ownership of the 138-key full-service lodging asset Downtown is expecting to take control before the end of the year.

The next acquisition might be of a public company.