Commercial Observer — page 4

Commercial Observer is a publication in Burnaze's franchise knowledge graph, mentioned since 2023. 266 stories link here, each summarized from the original publisher. * A joint venture led by Gencom has acquired the 652-room InterContinental Miami for $300 million [[2026-10-30 Gencom-Led JV Buys InterContinental in Downtown Miami for $300M (d93a1a)]]. * Life Time, a health club chain, has signed a 20-year lease at Crescent Heights' development site in Miami's Edgewater neighborhood [[2026-10-28 Life Time Inks 20-Year Lease at Crescent Heights’ Miami Dev Site (cde7b9)]]. * The NBA Store is seeking a new location of 20,000 to 25,000 square feet in Midtown Manhattan [[2026-10-27 NBA Store Seeks New, Larger Location Up to 25K Square Feet (39624e)]]. * Welltower, the country's largest senior housing landlord, reported a strong quarter with increased pricing power and ample acquisitions [[2026-10-27 Welltower Earnings Boosted by Senior Housing Acquisitions (53807c)]]. * Charlotte Cafe is opening its fourth Manhattan location at 219 Ninth Avenue in Chelsea [[2026-10-19 Charlotte Cafe Opening Fourth Manhattan Shop at Chelsea’s 219 Ninth Avenue (742117)]]. * Tordjman Equities has paid at least $23.8 million for the Pine Trail Nursing and Rehab Center in Palm Beach County [[2026-10-13 New York Investor Buys Palm Beach County Nursing Home for At Least $24M (f99ef1)]]. * 11North Partners has acquired a two-asset grocery-anchored retail portfolio in Lahaina, Hawaii, for $155 million [[2026-10-13 PNC Lends $96M for Hawaii Retail Portfolio Acquisition (f947bf)]]. * BridgePrep Academy signed a 56,000-square-foot lease at the California Club Shopping Center in Miami-Dade County [[2026-10-09 Charter School Inks 56K-SF Lease in Retail Center Near Miami Suburb (d4b867)]]. * TJ Maxx has signed a 28,837-square-foot lease at 150 East 86th Street, replacing H&M [[2026-10-08 TJ Maxx Signs 29K-SF Deal to Replace H&M at 150 East 86th Street (000136)]]. * Nong Geng Ji, a popular Hunan cuisine brand from China, has signed a 9,900-square-foot lease at 365 West 46th Street in Manhattan's Hell's Kitchen [[2026-10-02 Chinese Restaurant Chain to Open 10K-SF Eatery at 365 West 46th Street (b20bbb)]]. * Solidcore, a national fitness chain, has signed a retail lease for a fitness studio at 1695 Second Avenue on Manhattan's Upper East Side [[2026-09-28 Solidcore Signs Lease for Fitness Studio at 1695 Second Avenue on Upper East Sid (f8c555)]]. * Toys R Us operator WHP Global plans to open 120 US stores this holiday season through a partnership with Go! Retail Group [[2026-09-28 Toys R Us Bets on Brick and Mortar With 120 New Stores (dcfa39)]]. * Wells Fargo provided a $455.7 million refinancing loan to 1959 RE Holdings for Family

Prosper and Versluys Close $50M Land Deal for $650M Miami Condo Tower

Prosper and Versluys Close $50M Land Deal for $650M Miami Condo Tower

The 1-acre assemblage includes three parcels: one along the Miami River, with more than 300 feet of water frontage, as well as two adjacent inland spots at **66 Southwest Sixth Street** and **625 Southwest First Avenue**

Brookfield Asset Management Raises Record $77B

Brookfield Asset Management Raises Record $77B

Brookfield Asset Management raised a record $77 billion in the second quarter of 2026, bringing its assets under management to more than $1 trillion, the investment firm reported i

Ultimate Equity Buys Hollywood, Fla., Townhouse Project for $32M

Ultimate Equity Buys Hollywood, Fla., Townhouse Project for $32M

The gated community called Royal Oaks in the Emerald Hills neighborhood changed hands in an all-cash 1031 exchange acquisition at a record price per unit for the submarket, and a capitalization rate below 5 percent, Cushman & Wakefield said.

CIP Real Estate Buys Broward Campus for $99M

CIP Real Estate Buys Broward Campus for $99M

Called Lyons Business Park, the property includes about 10 buildings, totaling 338,000 square feet It’s located at 6601 Lyons Road in Coconut Creek, Fla., near the corner with Johnson Road, about a mile west of Florida’s Turnpike.

KKR Posts Record Earnings as Fundraising Hits $133B

KKR Posts Record Earnings as Fundraising Hits $133B

The private equity giant reported record quarterly earnings and $133 billion in fundraising despite broader industry challenges and high interest rates.