Front Section

Westchester County launches Housing Flex Fund

White Plains, NY Westchester County is now accepting applications for funding under the County’s Housing Flex Fund (HFF) Program that provides financing for affordable housing developments.

Merchants Capital NY provides $1.7 billion in 2023

New York, NY The New York office of Merchants Capital delivered a total production volume of $1.7 billion for 2023, surpassing its record-breaking $1.3 billion debt production volume in 2022. These numbers financed the construction and preservation of

BHI increases Yellowstone Funds capital call line to $150 million

Manhattan, NY BHI has increased its capital call line facility from $90 million to $150 million to provide Yellowstone Funds (Yellowstone) with liquidity as the real estate investment platform continues to evaluate the current environment

Rosewood Realty brokers $2.4m multifamily sale

Brooklyn, NY Rosewood Realty Group has brokered the sale of a 27-unit multifamily building in East Flatbush for $2.4 million. The four-story walk-up building at 290 East 53rd St. was built in 1920.

Ariel Property Advisors closes four multifamily property sales - $9.17m

Manhattan, NY Ariel Property Advisors (Ariel) arranged the closing of four investment sales transactions in Brooklyn, Queens and Northern Manhattan, totaling $9,172,500. The deals include the following: • 112 Nagle Ave. in Fort George: Ariel arranged the $3.175 million sale of a fully rent stabilized, well-maintained

Manzella and Brown named to Nassau County Industrial Development Agency board of directors

Mineola, NY The Nassau County Industrial Development Agency appointed two new members to its board of directors. Marissa Brown and Joseph Manzella join the board, filling a vacant seat and replacing Victor LaGreca, who resigned from the board

True Storage completes second New York conversion

Tonawanda, NY True Storage completed its second self-storage development in New York this past week. This location marks the companies 27th completed self-storage development and is

Unforgettable Experiences await at UBS Arena

Elmont, NY Boutique hospitality has found a home for live entertainment in New York. The metro area’s newest premier entertainment and sports venue, UBS Arena, was made for music

M&T Realty Capital Corporation provides $414.83 million for a multifamily housing property

Brooklyn, NY M&T Realty Capital Corporation has completed the closing of a $414.829 million Freddie Mac conventional loan for Brooklyn Crossing, an 858-unit multifamily housing property

Cohen & Dunn of Refined CRE arrange $2.45 million sale

Bronx, NY Refined CRE has completed the $2.45 million sale of 1916 Longfellow Ave. located in the West Farms market.