News: Finance

Berman joins Gramercy as senior VP, leasing and portfolio management

According to Gramercy Capital Corp., Michael Berman has joined its Gramercy Realty division as senior VP, leasing and portfolio management. He brings to Gramercy 20 years of commercial property leasing and asset management experience involving commercial properties throughout the U.S. Berman will help direct the repositioning, leasing, and asset management of Gramercy Realty's commercial property holdings, which comprise 30.4 million s/f in 38 states and the District of Columbia with a value of $3.5 billion.
Tags: Finance
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The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.
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