Gerry and Anthony DiMarco of Security Mtge. finance $4.43 million
Gerry and Anthony DiMarco of Security Mortgage Group has placed funding for one retail center and two office buildings totaling $4.43 million. The properties had a combined size of 83,700 s/f that include:
* 51 Victor Heights Pwy., a 36,000 s/f office building, obtained $1.645 million in refinancing.
* 833 Phillips Rd., a 27,000 s/f office and manufacturing building, received $2.25 million in refinancing.
* 160 School St., a 20,780 s/f retail center, obtained $535,000 in refinancing.
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.
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
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
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.
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.