Commercial Observer — page 6

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

M&T Bank Lends $26M on NJ Apartments Buy

M&T Bank Lends $26M on NJ Apartments Buy

“M&T Realty Capital is proud to have provided this financing to Goldcrest Properties,” said John Taylor, senior managing director with M&T Realty Capital Corporation.

Greystar Sells Virginia Apartment Tower for $216M

Greystar Sells Virginia Apartment Tower for $216M

Greystar , perhaps the largest multifamily landlord in the U.S., has unloaded another property, this time in Northern Virginia. Investment firm GID put down $215.8 million to acqui

London Nightclub Operator Buys 675 Hudson Street for $100M

London Nightclub Operator Buys 675 Hudson Street for $100M

After unveiling plans for a rooftop nightclub at the 14th Street Triangle, London-based club venue operator Caprice Holdings has bought the property for $100 million, according to property records made public Tuesday.

Scale Supplies $45M Construction Loan for Harlem Condos

Scale Supplies $45M Construction Loan for Harlem Condos

“Harlem is one of the most supply-constrained condo markets in New York City, with no new project of comparable scale or quality delivered in years, and the pipeline remaining effectively empty,” **Martin Nussbaum**, co-

RealPage Acquires Cherre in Major Proptech Deal

RealPage Acquires Cherre in Major Proptech Deal

Multifamily software and data analytics giant RealPage announced Tuesday that it has acquired institutional portfolio intelligence firm Cherre.

Noda Launches Agentic AI for Commercial Building Operations

Noda Launches Agentic AI for Commercial Building Operations

Noda , a leading artificial intelligence startup for commercial building operations, has launched what it calls the first agentic AI providing 24/7 automation to help ameliorate th