News:
Brokerage
Posted: May 28, 2013
Procida Funding & Advisors acquires two 1st mortgages totaling $4 million
Procida Funding & Advisors, LLC has acquired two 1st mortgages totaling $4 million secured by two properties in northern New Jersey. The two first mortgages were cross collateralized and secured by a development site in Hoboken and a partially complete condominium project on River Rd. in North Bergen.
The Hoboken development site has been approved for 46 residential units, 1435 s/f of commercial space and 32 parking spaces. The North Bergen site is 90% complete and consists of eight units comprised of four, two-bedroom units and four, one-bedroom units.
Tags:
Brokerage
MORE FROM Brokerage
Dolce & Gabbana signs 21,000 s/f lease for New York headquarters at 551 Fifth Ave.
Manhattan, NY Dolce & Gabbana, an Italian fashion house, has signed a long-term, 21,000 s/f office lease at 551 Fifth Ave. for its New York headquarters,
 (2).gif)
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
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.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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)