News:
Long Island
Posted: January 13, 2014
Britvan of Commercial Realty Services completes sale of 74-room Jericho motel
Jack Britvan, SIOR, president of Commercial Realty Services of Long Island, represented the buyer and seller in the sale of The Hostway Motor Inn. The 74-room motel is located at 101 Jericho Tpke. The purchase price was close to the $3.3 million asking price. The motel is being updated by the new owners. Herb Kaplan was the seller.
Tags:
Long Island
MORE FROM Long Island
Suffolk County IDA supports expansion of A&Z Pharmaceuticals
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
Quick Hits
.jpg)
Columns and Thought Leadership
The evolving relationship of environmental consultants and the lending community - by Chuck Merritt
When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.