News:
Brokerage
Posted: February 6, 2009
Heiss of Largo finances $32.25 million for five GTA storage facilities
Kevin Heiss, account executive for the Largo Group of Companies, arranged first mortgage financing in the amount of $32.25 million collateralized by five self storage facilities located in the Greater Toronto Area (GTA). The transaction was structured as two separate mortgages in the amounts of $25 million and $7.25 million. The $25 million mortgage was collateralized by four self storage facilities comprised of 2,937 units (289,206 s/f). The $7.25 million mortgage was collateralized by a single self storage facility comprised of 838 units (81,862 s/f).
Tags:
Brokerage
MORE FROM Brokerage
Investment Property Realty Group’s Team Friedman closes five Bronx sales totaling $5.3 million
Bronx, NY Investment Property Realty Group’s (IPRG) Team Friedman closed five sales totaling $5.3 million in the month of September. • 1707 Melville St. sold for $1.35 million. Located in Van Nest, the property
 (2).gif)
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
A guide to finding the right NYC property management company - by Sanjay Gandhi
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
.gif)