
Brian Pascus
Finance Reporter at Commercial Observer
Reporter @commobserver, Writer, Journalist, CJS'18 I cover all things commercial real estate finance send tips to [email protected]
Articles
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1 week ago |
commercialobserver.com | Brian Pascus
SL Green Reports 91% Occupancy But Lower Cash Flows in Q1 Earnings SL Green Chairman and CEO Marc Holliday and 100 Park Avenue.
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1 week ago |
commercialobserver.com | Brian Pascus
New year, same formula for Stephen Schwarzman’s Blackstone (BX). The private equity giant reported it raised $62 billion in capital in-flows in the first quarter of 2025, its highest levels in three years, and noted on a first quarter earnings call Thursday that it has raised $200 billion over the last 12 months. “Blackstone reported strong first quarter results,” said Schwarzman, Blackstone’s chairman, co-founder and CEO.
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1 week ago |
commercialobserver.com | Brian Pascus
LV Collective has secured $133.9 million to refinance Rambler Athens, a recently built student housing complex with 750 beds near the University of Georgia campus in Athens, Commercial Observer has learned. Mesa West Capital provided the four-year loan, which is short-term, first mortgage debt that will refinance the existing construction loan on the complex. Harrison Reid of TSB Capital Advisors arranged the deal for LV Collective, an Austin-based firm.
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1 week ago |
commercialobserver.com | Brian Pascus
Even amid the turmoil of tariffs, Prologis (PLD) still delivered an impressive first quarter for its investors, but that didn’t stop the firm leadership from voicing their concerns with President Donald Trump’s ad hoc tariff policy. The industrial giant reported that it leased $58 million square feet of space in the first quarter of 2024, expanded its data center capacity by 14 percent of 400 megawatts, and deployed $650 million in capital for new development.
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1 week ago |
commercialobserver.com | Brian Pascus
Seth Weissman’s Urban Standard Capital has secured another round of investment capital from GCM Grosvenor, a global alternative investment manager with $80 billion in assets. GCM Grosvenor expanded a 2-year-old partnership with Urban Standard Capital by investing $135 million into the New York-based private credit firm. The capital will be used mainly for transitional bridge loans with 12- to 18-month durations.
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