Deerwood Real Estate finances two loans totaling $4.612 million

Deerwood Real Estate Capital has secured financing totaling $4.612 million. The deals include $3.9 million for a 112,000 s/f shopping center housing a Michael's and a Dollar Tree. The loan, arranged by managing partner Abe Katz, refinanced the expiring CMBS loan and features a five-year term with 25-year amortization. A second $712,500 loan was negotiated for a 16-unit multifamily property located in Bethlehem. The loan was used to refinance the exiting bank loan and featured a five year term with a 30-year amortization. Deerwood managing partner David Rosenberg arranged the financing.

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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.

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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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Investment Property Realty Group closes $2.326 million sale of multi-family 1684 Banyer Place

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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

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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.