Detroit Dealmakers Quietly Push $576 Million In Midwest Apartment Megadeals
A Detroit-based Berkadia team handled 34 multifamily transactions in 2025, totaling about $576.2M and including several large suburban portfolio sales. The performance earned the group regional Top Broker recognition.
Flatiron AI Upstart Clay Snags Nearly $10 Million In Hochul Tax Credits
Gov. Hochul announced a $9.96M state package to help Clay take 163,095 square feet at 11 Madison, creating 498 jobs and backing $50M in R&D. The deal pairs a major Flatiron lease with performance‑based tax credits.
Manhattan Power Broker Closes 2.3 Million Square Feet in Office Deal Blitz
Scott Gottlieb closed 58 leases totaling about 2.3 million square feet in 2025, including Universal Music’s move to PENN 2, UN consolidations and an Invesco extension.
Rexford Sells Three L.A.-Area Industrial Properties for $86.2 Million
Rexford sold three Southern California industrial properties for $86.2M while trimming development plans and buying back stock. The sales include Valencia, Fontana and Anaheim assets.
FiDi Tower Scores $500M Lifeline As RXR Bets On 55 Broad Makeover
RXR is stepping in with about $500M to recapitalize 55 Broad, backing a major conversion bet in Manhattan’s Financial District. The investment is a test of demand for stabilized office-to-resi projects.
Sugar Grove Slams Brakes On Data Center Rush After Aurora Rule Shakeup
Sugar Grove trustees made data centers a special use in M‑1 while staff rewrites zoning to add noise, transparency and green‑energy rules, pausing automatic approvals. The move follows Aurora’s recent overhaul and nearby campus proposals.












