2+ hour, 26+ min ago  (493+ words) Despite a packed development pipeline, nearly half of contractors across the world in 2025 added zero net headcount to their construction teams. The pressure is largely due to an aging workforce and a lack of skilled hires, rather than surplus demand....

17+ hour, 5+ min ago  (769+ words) An occasionally grimy and gritty sweep of faded theaters, empty storefronts and pockets of prolonged activity, Downtown Los Angeles offers a different perspective, block by block. But amid a recently rocky and decentralized Southern California office market, Downtown Los Angeles…...

23+ hour, 3+ min ago  (323+ words) United Parcel Service (UPS) has inked a 3, 900-square-foot deal at 149 West 36th Street in Midtown South for the UPS Store." The shipping, printing and business services retailer signed a 10-year lease at the Frangene Company-owned building, located between Broadway and Seventh…...

23+ hour, 59+ min ago  (219+ words) Poverty-relief nonprofit Robin Hood has signed a 30-year, 53, 000-square-foot lease at the Feil Organization's 841 Broadway, Commercial Observer has learned. The nonprofit organization " not to be confused with the investing platform Robinhood " plans to relocate from 826 Broadway to the entire fifth…...

18+ hour, 26+ min ago  (210+ words) Metropolitan Properties has landed $81. 4 million in bridge debt to acquire and refinance a two-property multifamily portfolio in suburban Baltimore, Commercial Observer has learned. MF1 Capital originated the loan for Volterra Apartments in Pikesville, Md. , and Owings Park Apartments in Owings Mills, Md. The…...

19+ hour, 1+ min ago  (294+ words) Nathan Berman and Idan Ofer are close to finalizing a deal to acquire 1 Whitehall Street in Manhattan's Financial District for yet another office-to-residential conversion for the duo. Berman's Metro Loft Management and Ofer's Quantum Pacific Group are in contract to…...

21+ hour, 36+ min ago  (225+ words) Family-owned investment firm Gindi Capital paid a combined $70 million for the control of two commercial properties in Downtown Brooklyn. The properties changed hands from seller PIMCO Prime Real Estate, which used the entity 490 Lower Unit, across three transactions dated March…...

2+ day, 1+ hour ago  (163+ words) The developers behind a 408-unit multifamily project in Southern California have secured construction financing shortly after breaking ground earlier this month. Affinius Capital closed a $144 million loan for the housing project called the Carina in Santa Ana, Calif. , according to…...

1+ day, 8+ hour ago  (1339+ words) In June 2024, New York City's Department of Housing Preservation and Development (HPD) announced the grand opening of the Eliza, a 100 percent affordable residential building in Manhattan's Inwood anchored by a new two-story, 20, 000-square-foot public library on the site of the…...

2+ day, 5+ hour ago  (273+ words) A pair of corporate tenants inked two separate lease deals for a total of 110, 000 square feet at the Winter Organization-owned conjoined buildings at 111 and 115 Fifth Avenue in Manhattan's Flatiron District, Commercial Observer has learned." The larger of the two deals…...