Giacobbe of Largo Real Estate Advisors arranges $720,000 in first mtge. financing

Frank Giacobbe, account executive for Largo Real Estate Advisors, Inc. arranged first mortgage financing in the amount of $720,000 for a 21,000 s/f office/warehouse building located at 1195 Ridgeway Ave. Built in 1960, the Ridgeway Building is 100% occupied by AP Plumbing and Crupi Contractors. In 2005, the subject underwent 4,000 s/f of interior office renovations and has been improved by the addition of a 25,000 s/f parking lot. The area is mostly industrial, with the Kodak and General Motors facilities located two miles from the property. Giacobbe secured a 10-year fixed rate loan with one rate reset and a 22-year amortization schedule for the borrower.

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Dogtopia joins growing tenant mix at Brunswick Shopping Center

North Brunswick, NJ Dogtopia, a leading provider of dog daycare, boarding and spa services, has signed a lease to open a new 5,081 s/f location at Brunswick Shopping Center. The new location further

GFP Real Estate signs 5,082 s/f of leasing activity at 630 Ninth Ave.

GFP signs 5,082 s/f of leases at 630 Ninth Ave.

Lee & Associates NYC arranges 7,487 s/f lease on behalf of building ownership as Treeswift expands headquarters to 256 West 38th St.

Lee & Associates NYC arranges 7,487 s/f lease for Treeswift at 256 West 38th St.

Kelman Winston & Vallone PC relocates to newly built office space on the 14th floor of 520 Eighth Ave.

Kelman Winston & Vallone relocates to 520 Eighth Ave.

Lee & Associates NYC completes two direct office lease renewals totaling 11,360 s/f at 149 West 36th St.

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IREON Insights: Long Island industrial market tightens further as northeast distribution demand grows - by Robert Kuppersmith

Columns and Thought Leadership

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,