CBRE's Capital Markets Group secures $33.75m in mortgage financing

Keith Braddish, managing director, along with vice president Jason Gaccione, both of CBRE's Capital Markets Group in NYC have secured a total of $33.75 million in first-mortgage financing to facilitate the acquisitions of Brentridge Apartments and Waterford Place at Mount Zion, in Stockbridge, Ga. Both loans were structured with four years interest-only followed by 30-year amortization schedules. Each loan was financed by Barclays Capital. Brentridge Apts. is a 34 acre, 242,749 s/f multifamily development in a suburb of Nashville. Constructed in 1986, the 327-unit complex consists of garden-style one and two bedroom apartment homes which feature patios, balconies and fireplaces. Waterford Place at Mount Zion is a 400-unit class, a multifamily development surrounded by 45 wooded acres, consisting of 43 two and three story buildings.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

Investment Property Realty Group’s Team Friedman brokers seven Bronx closings totaling $12.07 million

IPRG’s Team Friedman brokers 7 Bronx closings totaling $12.07m

Highcap Group sells Astoria 17 unit elevatored apartment building

OPEN Impact R.E. helps Coney Island Prep. secure 39-year leasehold condominium for new 45,190 s/f high school

OPEN Impact helps Coney Island Prep. secure leasehold condo. for new high school

New York restaurant group acquires Upper West Side retail co-op for $4.135 million in deal arranged by Lee & Associates NYC

N.Y. restaurant group acquires Upper West Side retail co-op for $4.135m in deal arranged by Lee & Associates NYC

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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

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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

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