Front Section

Swedish Institute extends 40,068 s/f lease at Koeppel Rosen’s 151 West 26th Street

Manhattan, NY Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, and stewards for a number of historic Manhattan office properties, announces that Swedish Institute, Inc. has signed a long-term

Phillips of Largo Real Estate completed a $1.85 million refinance

Arcade, NY Jack Phillips of Largo Real Estate Advisors, Inc. closed a $1.85 million permanent first mortgage to refinance the existing debt and closing costs for a 32-unit multifamily property

Marcus & Millichap closes Manhattan mixed-use asset sale

Manhattan, NY Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of 385 Broome Street

Achilles International secures 5,530 s/f lease at Williams Equities’ 57 West 57th Street

Manhattan, NY William Equities, a family-owned real estate firm with a nearly 100-year legacy, has signed a 10-year, 5,530-square-foot lease with Achilles International at 57 West 57th Street. The leading adaptive running

Rosenberg & Estis, P.C. advises The Durst Organization on $1.3 billion financing of One Five One Times Square

Manhattan, NY Rosenberg & Estis, P.C. represented The Durst Organization in the structuring and closing of a $1.3 billion commercial mortgage-backed securities (CMBS) financing secured by One Five One, the 48-story, Class A, LEED Gold certified, 1.8 million s/f

Rosenberg & Estis, P.C. secures major victory and attorneys’ fees for owner of Manhattan commercial building

Manhattan, NY Rosenberg & Estis, P.C. secured a major victory for its client 35 West Realty Co. LLC, after a New York State Supreme Court judge found that a disputed lease amendment produced by a kosher Midtown Manhattan delicatessen was a forgery.

Cronheim Hotel Capital secures $12.805 million for acquisition of Sonesta portfolio at Allentown Bethlehem Airport

Allentown, PA Cronheim Hotel Capital (CHC) has secured $12.8 million from a conventional bank lender for the acquisition and renovation of the Sonesta Select and Sonesta ES. The 68% LTC, 5-year floating rate loan financing features

Simi Capital Group enters Jacksonville market with 75,000 s/f industrial acquisition on St. Augustine Road

Jacksonville, FL Miami-based Simi Capital Group (SCG) has entered the Jacksonville market with the acquisition of a 75,000 s/f industrial property at 4549 St. Augustine Road, marking the firm’s first investment in the region

Cohen of Leviathan Capital arranges $1.6 million construction loan

Queens, NY According to Leviathan Capital, Peter Cohen has closed a $1.6 million construction loan. The proceeds will be used to develop two industrial warehouses located in the Astoria neighborhood.

Levin Management appoints Patel as chief operating officer

North Plainfield, NJ Levin Management Corp. (LMC) has appointed Nisha Patel as COO. In this leadership role, Patel will oversee day-to-day operations and support continued growth across its 16 million-square-foot portfolio.