Casale of the Largo Group of Companies arranges $10.3 million to renovate the Lafayette Hotel

Zach Casale, account executive for the Largo Group of Companies, arranged $10.3 million to renovate the Lafayette Hotel. The loan consists of a 24 month interest only construction term and a 10 year permanent option. The redevelopment of the 380,000 s/f building includes 115 market rate apartments, 24 hotel rooms, a banquet facility, as well as some retail. Construction is currently underway with a May scheduled opening. The commercial portion of the project is 100% leased with Butterwood Desserts, Andrews Jewelers, and Michael A's Steak House, as its main tenants. The Largo Group of Companies is a commercial mortgage banking company that structures, closes and services commercial mortgages for acquisitions, refinances and redevelopment projects.

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Investment Property Realty Group closes $2.175 million sale of 247 Leonard St.

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175

GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

GFP continues leasing momentum at 322 Eighth Ave.

Zimmet Law Group signs 5,476 s/f lease at GFP Real Estate’s 515 Madison Ave.

Zimmet Law signs 5,476 s/f lease at GFP’s 515 Madison Ave.

1122 Madison Avenue inks $21.175 million contract

Rudin secures 55,335 s/f lease with JAMS at the top of 3 Times Square

Rudin secures lease with JAMS at the top of 3 Times Square

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