G. S. Wilcox & Co. has arranged $26.341 million in mortgage financing:
Four separate loans all made through Great-West Life & Annuity Insurance Co. and secured by four distinct properties comprising 564,895 s/f of industrial space. The loan amount of $24.241 million has a seven-year fixed rate term at 3.62% and a 30-year amortization.
Investors Bank provided financing for the third transaction, a 68,810 s/f industrial building located in Branchburg, N.J. The subject property involved a loan amount $2.1 million with a five-year adjustable rate and a ten-year term.
Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
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,
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
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.