Delshah, A.M. Property buying CitySpire for $136M
Tishman Speyer and Singapore’s sovereign wealth fund are in contract to sell CitySpire, the Plaza District office tower they put up for sale in September. Delshah Capital and A.M. Property Holding Corporation agreed to buy the 70-story, 377,000-square-foot building at 156 West 56th Street from Tishm
Blackstone taps CMBS debt to fund part of $442M Texas grocery portfolio buy
Blackstone is doubling down on bread-and-butter retail in Texas, following a pattern of investment over the past year in grocery-anchored shopping centers across the country. The private equity giant is using a floating-rate commercial mortgage-backed securities loan and $110.3 million of equity to
American Express commits to 2M sf tower at 2 World Trade Center
After years of discussions, the final tower for the World Trade Center campus has a future in place. On Wednesday, American Express announced that it would build a 2-million-square-foot tower at 200 Greenwich Street, otherwise known as 2 World Trade Center. Silverstein Properties will develop the 55
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