News:
Brokerage
Posted: November 19, 2007
Bruckner of Charter R.E. brokers two sales totaling $2.59 million
Anita Bruckner, a commercial real estate consultant at Charter Real Estate Brokerage, recently completed two sales totaling $2.59 million. The transactions include the following:
* The sale of the Parkview Estates Manufactured Home Community, on 2nd Ave. The property comprises 77 home sites on 8.7 acres and sold for $2.27 million. Bruckner exclusively represented the seller, a private investor from Kinderhook. The buyer, from Aliso Viejo, Calif., was represented by Shannon McCarthy of Prudential Manor Homes.
* The sale of Tuscarora Village on State Line Rd. in Windsor for $320,000. Tuscarora Village includes 30 manufactured home sites on 19.3 acres and was purchased by investors from Ridgewood, N.J.
Tags:
Brokerage
MORE FROM Brokerage
SABRE coordinates sale of six properties totaling 199,845 s/f
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
.jpg)
.gif)
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski
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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian
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.
Strategic pause - by Shallini Mehra and Chirag Doshi
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
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
.gif)