Dunne, MacKenzie, Apfel, Langer and Blumenkrantz of CBRE arrange sale of 501-unit 15 Bank Apartments

Dunne, MacKenzie, Apfel, Langer and Blumenkrantz of CBRE arrange sale of 501-unit 15 Bank Apartments

White Plains, NY Representatives of CBRE, led by Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer, and Daniel Blumenkrantz, have completed the sale of 15 Bank Apartments, a 501-unit multifamily community. This follows on the heels of CBRE’s most recent transaction

Read More

JLL Capital Markets arranges transaction for $33 million refinancing for 111 West 19th St.

Manhattan, NY JLL Capital Markets has arranged a $33 million refinancing for 111 West 19th St., an eight-story, 189,731s/f office and retail building located in the Chelsea neighborhood. A JLL debt advisory team led by senior managing director Aaron Niedermayer represented the borrower,

Read More

JLL Capital Markets arranges transaction for $33 million refinancing for 111 West 19th St.
Marcus & Millichap facilitates $8.4 million sale of multifamily property

Marcus & Millichap facilitates $8.4 million sale of multifamily property

Brooklyn, NY Marcus & Millichap has completed the sale of a three-story multifamily propert. The asset sold for $8.375 million. “The property was sold at a 4.31% cap rate and a 19.1x rent roll. Significant interest persists in 100% free-market properties

Read More

Houlihan Lawrence expands into Hudson Valley with grand opening of new office in Hudson

Hudson, NY Houlihan Lawrence is expanding its presence in the Hudson Valley with the grand opening of its new brokerage. Located at 237 Warren St., it is the company’s first brokerage in Columbia County. Houlihan Lawrence has offices

Read More

Houlihan Lawrence expands into Hudson Valley with grand opening of new office in Hudson
Wexcor Capital purchases apartment building for $5.8 million

Wexcor Capital purchases apartment building for $5.8 million

Manhattan, NY Wexcor Capital has purchased two attached multifamily buildings from Barberry Rose Management in for $5.8 million. The six-story, two contiguous walk-up buildings at 565-567 and 571-573 West 175th St. in Washington Heights, feature

Read More

Marcus & Millichap facilitates $7.5 million sale of industrial assemblage

Brooklyn, NY Marcus & Millichap has completed the sale of an industrial assemblage. The assets sold for $7.5 million. "This sale was a good demonstration of how owner-user demand kept industrial pricing relatively stable last year,” said Thomas Brennan

Read More

Marcus & Millichap facilitates $7.5 million sale of industrial assemblage
Gantry secures $9 million permanent loan for NYC/East Village multifamily acquisition

Gantry secures $9 million permanent loan for NYC/East Village multifamily acquisition

Manhattan, NY Gantry has secured a $9 million permanent loan for the acquisition of a 23-unit, walk up apartment building with ground floor retail space located at 47 East 7th St. in the East Village. The loan supported the sponsor’s timely 1031 exchange

Read More

DIGroup Architecture’s life sciences studio earns specialized certification at Jefferson Institute of Bioprocessing

New Brunswick, NJ Six leaders from DIGroup Architecture (DIG) Life Sciences Studio have earned architecture-specific biopharmaceuticals and biologics-focused certification from the Jefferson Institute of Bioprocessing (JIB), which offers industry training and

Read More

DIGroup Architecture’s life sciences studio earns specialized certification at Jefferson Institute of Bioprocessing
Sezan of Asset CRG Advisors retained to market sale of two building

Sezan of Asset CRG Advisors retained to market sale of two building

Bronx, NY Asset CRG Advisors has been retained on an exclusive basis to market for sale two buildings in Port Morris. Mike Sezan will oversee the marketing of the property. The portfolio consists of 780 E 135 St., a 96,000 s/f industrial building

Read More

Silber Investment Properties opens new office in La Jolla

La Jolla, CA Silber Investment Properties (SIP), a Long Island-based commercial real estate brokerage firm, has expanded with the opening of their newest office. The brokerage firm’s new West Coast base of operations, located at 875 Prospect St.

Read More

Silber Investment Properties opens new office in La Jolla
JLL Capital Markets represents Transwestern Hospitality Group in financing of Hotel Granduca

JLL Capital Markets represents Transwestern Hospitality Group in financing of Hotel Granduca

Houston, TX JLL Capital Markets arranged $30.6 million in financing for the 122-key Hotel Granduca. JLL represented the borrower, Transwestern Hospitality Group, and secured the five-year, floating-rate loan from Prime Finance.

Read More

Click on "News/Sections" at the top of the page to view more exciting NYREJ content.