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Ease Capital adds Hanson as associate to origination and underwriting team

Manhattan, NY According to Ease Capital (Ease), the technology-enabled multifamily lender, Trevor Hanson has joined the company as an associate in where he will focus on the origination and underwriting of new lending opportunities. His addition

JRM Construction Management shares 2023 end-of-year recap

Manhattan, NY JRM Construction Management (JRM), a leading name in the construction industry, shared their 2024 End-Of-Year Recap. JRM Construction Management concluded 2023 with a series of accomplishments

Rockland County: warehouses or bust? Building a brighter future beyond big boxes - by Paul Adler, Esq

Rockland County, nestled across the Hudson from bustling Manhattan, is at a crossroads. While the last two years have seen a boom in commercial development, it's been a one-note symphony – a monotonous chorus of rising warehouses. While these hulking structures promise short-term economic gains

HUB International releases its 2024 outlook to help owners and investors find opportunity in risk management

High interest rates and weather-related disasters will continue to have a significant effect on the real estate industry in 2024. Catastrophes and weather events, technology issues, crime and nuclear verdicts will evolve, straining profits and resulting

Lancewood Capital provides $21.5 million condo inventory loan for 1295 Madison Ave.

Manhattan, NY Lancewood Capital provided a $21.5 million condo inventory loan to finance a newly-developed condo building located at 1295 Madison Ave. in the Carnegie Hill neighborhood.

Highcap Group and Meridian Capital sell
40,000 s/f for $22 million

Manhattan, NY The original Barney’s flagship location at 115 7th Ave., has been sold, from the lender Argentic Management who took over the property after foreclosure to an undisclosed group of investors for $22 million in a closing

Sabal, Bsafal and Argo R.E. form joint venture to provide $64.5 million loan to refinance LaGuardia Plaza Hotel

Queens, NY Sabal Investment Holdings (Sabal), Bsafal Inc. (Bsafal), and Argo Real Estate (Argo), formed a joint venture partnership to provide a $64.5 million fully-funded loan to finance the conversion of the LaGuardia Plaza Hotel

Progress Capital arranges $19.7 million construction loan for self-storage facility

Rockaway, NY Kathy Anderson and Caillin Boles of Progress Capital secured a $19.725 million construction loan for the development of a self-storage facility on Rockaway Beach Blvd., owned by Dino Tomassetti, Jr. of Asset Realty & Construction Group.

Colliers arranges $38 million sale of
13,580 s/f 560 Fifth Ave.

Manhattan, NY Colliers has arranged the $38 million sale of 560 Fifth Ave. At nearly $2,800 per s/f, this sale represents the highest post-pandemic price per s/f for a full building on Fifth Ave. This is the the first time the property has sold in over 50 years

Fisher Brothers and J.P. Morgan Global Alternatives lease
765,000 s/f to Paul, Weiss at 1345 Avenue of Americas

Manhattan, NY According to Fisher Brothers and J.P. Morgan Global Alternatives, Paul, Weiss, Rifkind, Wharton & Garrison LLP has signed a 20-year, 765,000 s/f lease at 1345 Avenue of the