Berns and Ranieri of NorthMarq arrange $24.72 million in financing
Sam Berns, senior VP and managing director of NorthMarq Capital's upstate New York regional office, and Robert Ranieri, senior VP and managing director of NorthMarq Capital's Capital Services East, arranged first mortgage financing in the amount of $24.72 million for a 432-unit garden-style multifamily complex. Financing was based on a 10-year term with interest only for years one and two then a 30-year amortization schedule and was arranged for the borrower, a Delaware LLC, by NorthMarq through its seller-servicer relationship with Freddie Mac.
Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10th St. in Greenwich Village
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.