Portfolio of Sunset Park Industrial Buildings Sells for $26M  

5002 Second Avenue.

The owner of a three-property industrial portfolio in Sunset Park has sold its holdings to three separate buyers for a total of nearly $26 million, Commercial Observer has learned.

Davidson Pipe, a subsidiary of plumbing supplies company Ferguson, sold the structures at 5002 Second Avenue, 152-158 41st Street and 4101 First Avenue in the rapidly transforming part Read More

Ladder’s Greta Guggenheim Jumping to TPG Capital

Greta Guggenheim.

Ladder Capital Chief Investment Officer Greta Guggenheim is parting ways with the firm she co-founded to lead the newly formed real estate finance arm of TPG Capital, two people familiar with the matter told Commercial Observer.

Ms. Guggenheim will join TPG Real Estate as the chief executive officer of TPG Real Estate Finance Trust, the Read More