News/Events
JP Morgan Chase Sells South Florida Rental for $106M
J.P. Morgan Chase sold a garden-style multifamily property in Wellington, Fla., for $105.5 million after owning it for nearly a quarter century, according to property records. TA Realty purchased the 366-unit Polo Lakes community at 1950 Polo Lake Boulevard, just north of the Mall at Wellington Green, adjacent to Route 441, in the town best…
Immigration Officials Need Warrants To Raid Construction Sites, Judge Rules
A federal judge in Alabama sided with a U.S. citizen who has been twice detained at construction sites by immigration officials.
Harrison Street Adds Three More Former PGIM Employees to Its Payroll
Harrison Street Asset Management might officially be on a poaching spree from one particular firm. Two weeks after announcing the addition of three leadership appointments, Harrison Street said Tuesday that it has hired Jon Glass and two others to guide its health care and senior housing asset management operations. Glass, Michael Corsini and Hardie Jackson…
Dwight Investment Management Provides $42M Refi for College Station Apartments
Partin Development has sealed $42 million of bridge debt to refinance a newly built multifamily asset near Texas A&M University, Commercial Observer has learned. Dwight Investment Management supplied the loan for the 288-unit 1720 at Harvey property in College Station, Texas, that opened in 2023. The debt was originated by Dwight’s Katie Goldenberg and will…
AI Firm Rogo Technologies Doubles 360 Park Avenue South Footprint to 46K SF
New York-based artificial intelligence startup Rogo Technologies has doubled its Midtown South headquarters at BXP’s 360 Park Avenue South. Rogo, founded in 2022 to develop software for the financial services industry, added 23,000 square feet to occupy a second full floor in the 20-story tower, Commercial Observer has learned. The renewal and expansion brings Rogo’s…
100 Gold Street Conversion Boosted to Yield 4,000 Housing Units
The office-to-residential conversion of 100 Gold Street in Manhattan’s Financial District is looking to be bigger than expected. Mayor Zohran Mamdani and GFP Development announced Tuesday that the public review process for the conversion project is underway and that it will have 4,000 housing units instead of the original 3,700 unveiled in December 2025. The…
Corcoran Sunshine Marketing Group’s Kelly Kennedy Mack Can’t Slow Down
Manhattan native Kelly Kennedy Mack, president of Corcoran Sunshine Marketing Group since 2006, had been to Europe around 20 times already by the time she was 10 years old. Growing up in Peter Cooper Village with a father who was a sales and marketing executive for Pan Am, it now seems clear that Mack was…
Trump, Mamdani Advance Sunnyside Yards Housing Discussion
President Donald Trump and New York Mayor Zohran Mamdani forged common ground Monday to advance an affordable housing plan at an Amtrak-controlled train yard in Sunnyside, Queens. Mamdani and Trump said in a Monday evening press conference after meeting at Gracie Mansion that dialogue will continue on avenues to get federal approvals for long-stalled plans…
Vikas Enti of Reframe Systems: 5 Questions
In August, Massachusetts-based Reframe Systems, a physical artificial intelligence housing company, raised $40 million in financing for a major expansion of its home manufacturing business. Energy Impact Partners led the round, as Reframe aims to apply robotics, software and regional microfactories — which are exactly what they sound like — to an industrialized homebuilding model…
