Commercial Observer

Hotel financing failures can occur even with steady guest streams and cash flow, often due to rising borrowing costs and long-deferred renovations.

A joint venture led by Gencom has acquired the 652-room InterContinental Miami for $300 million, securing a high-performing asset in a prime waterfront location.

Health club chain Life Time is coming to Miami’s Edgewater neighborhood.

NBA Store seeks new 20,000 to 25,000 square foot location.

Welltower , the country’s largest senior housing landlord, reported another strong quarter with increased pricing power and ample acquisitions.

Charlotte Cafe opens fourth Manhattan shop at 219 Ninth Avenue.

Called Pine Trail Nursing and Rehab Center, the 59,760-square-foot facility features 93 beds at 4445 Pine Forest Drive in Greenacres, Fla., adjacent to South Military Trail.

“We are deeply honored to become the stewards of the Cannery Mall and Lahaina Gateway – two important legacy commercial properties in Hawaii.

Charter school network BridgePrep Academy will open another location, this time inside a shopping center in Miami-Dade County.

TJ Maxx signs 28,837-square-foot lease at 150 East 86th Street

Nong Geng Ji inks 9,900-square-foot lease at 365 West 46th Street.

A strength training brand has signed a retail lease on Manhattan’s Upper East Side.

Toys R Us to open 120 US stores this holiday season

Wells Fargo refinances Family Dollar's distribution centers for $455.7 million.

Flight Club opens 12th US location in NYC at 31 Union Square West.

A cafe serving Asian and American cuisine is opening a fourth Manhattan location, Commercial Observer has learned.

The Los Angeles-based investment firm acquired the asset at 5550 Wilshire Boulevard, a residential and retail property developed in 2010, at what Decron described as a substantial discount to replacement cost.

Borough Developers has acquired two sites in Brooklyn from ICER Real Estate for $83.5 million, where it plans to develop a four-building residential complex with retail on the ground floor, according to a release.

Commercial Observer’s annual Institutional Investor & Private Equity Forum took center stage at 237 Park Avenue in Midtown Manhattan on Sept.

Moses Freund ’s Vaja Group has purchased another development site along the 31st Street corridor in Astoria, Queens, Commercial Observer has learned. The developer acquired the one

The Holterbosch family, former owners of a German beer importing and distribution business, has sold a Long Island City, Queens, warehouse a decade after the death of its patriarch.

The 13 properties were developed and assembled over the last 30 years, according to Knighthead, which originated the deal with a team led by Jonathan Daniel, Alexandra Wiggins and Joseph Marraccini.

The $670 billion private equity powerhouse announced Wednesday that it has formed a joint venture with Canada’s Public Sector Pension Investment Board (PSP Investments) to invest up to $2.4 billion into the development and acquisition of U.S.

Brooklyn-based Borough Developers has acquired a major mixed-use development site in Downtown Brooklyn, right across from the new retail project at a former Macy’s, Commercial Observer has learned.