News: Shopping Centers

Cooper-Horowitz secures financing for five properties totaling $21.52 million

According to Cooper-Horowitz, Inc., it has arranged financing for five properties: * 90-57 Sutphin Blvd.: The loan was for $7.77 million. Adam Horowitz and Jeffrey Bijur represented the firm. * 2,800 s/f bank branch at 162-02 Cross Bay Blvd. Howard Beach, N.Y.: The loan was for $3 million. E. Robert Vegh represented the firm. * 24 units and retail space at 109 Christopher Columbus Dr., Jersey City, N.J.: The loan was for $5 million. Horowitz, Adam Knoll and Mark Waldman represented the firm. * Michigan City Plaza, a 86,000 s/f shopping center in S. Franklin Hwy., Michigan City, Ind.: The loan was for $3 million. Waldman represented the firm. * A 43,000 s/f office building, Palm Beach Gold Building, located at 1800 S. Australian Ave., West Palm Beach, Fla.: The note sale was for $2.75 million. Horowitz, Knoll and Vegh represented the firm.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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