News: Brokerage

Raisner Group refinances with Banco Popular; Dzbanek of Ariel Property Advisors assists

Brooklyn, NY The Raisner Group (formerly Proteus Capital Management, LLC), a real estate private equity firm, has completed the following:

  • The bulk refinancing of five properties in Bed-Stuy and Bushwick areas  for $6.158 million in a transaction with Banco Popular; arranged by Matt Dzbanek of Ariel Property Advisors (one loan pending closing). The properties are all free-market buildings and are a mix of walk up residential properties and a corner mixed-use building located at 987 Lafayette Ave., 712A Greene Ave., 496 Central Ave., 319 Winthrop St. and 451 Irving Ave.
  • The acquisition of 1222 Nostrand Ave. in Prospect-Lefferts Gardens in a transaction financed by Carver Federal Savings Bank.  This property is a mixed-use building with several apartments and a store.

These properties are located in desirable, brownstone-stock residential areas. Bushwick, Bed Stuy and Prospect Lefferts Gardens have been some of the fastest growing submarkets of New York City and the East Coast.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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
A guide to finding the right NYC property management company - by Sanjay Gandhi

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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
Positive forecast for New York’s pro-housing push? - by Philip Butler

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