Category: Brokerage
Perlman of Largo Real Estate secures $8.8 million refinancing of office and multifamily portfolio
November 26, 2024
Buffalo, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc. successfully refinanced an office & multifamily portfolio. The loan is secured by three residential properties featuring a total
Coscia of Largo Capital secures $1.5 million financing for retail property
November 26, 2024
Queens, NY Kevin Coscia of Largo Capital, Inc. secured financing for a 22,354 s/f neighborhood retail property. The five-year, fixed-rate loan will be amortized for 25 years. Proceeds from the loan will be used for tenant improvements in the lower unit
Delisle and Monahan of Island Associates negotiate new lease with Aldi Supermarkets
November 26, 2024
Ocala, FL Roger Delisle & Robert Monahan of Island Associates successfully negotiated a new lease agreement with Aldi Supermarkets for space at Marion Oaks Plaza. Aldi recently purchased South East Grocers
Sayage joins Forchelli Deegan Terrana LLP as a real estate associate
November 26, 2024
Uniondale, NY Forchelli Deegan Terrana LLP welcomes Jad Sayage to the firm’s Real Estate practice group as an associate. Before joining FDT, Sayage was the Managing Attorney at Sayage Law PLLC, where he concentrated
Blue Owl Capital inks 238,673 s/f
lease at RFR’s Seagram Building
November 12, 2024
Manhattan, NY Blue Owl Capital has extended its 168,597 s/f lease on the second through sixth floors by 70,076 s/f to include the 16th-19th floors. The firm will occupy 238,673 s/f at Seagram bringing the building to nearly 100% occupancy.
S3 provides $48 million construction loan for 27-unit condo development
November 12, 2024
Brooklyn, NY S3, the lending arm of Spruce Capital, originated a $48 million construction loan for the development of a 27-unit residential condominium building at 1214 Ocean Pkwy. in the Midwood neighborhood. This new project is set to offer a full suite of amenities and private outdoor spaces
Gold and Elyaszadeh of Ariel Property Advisors arrange $9.85 million sale of development site
November 12, 2024
Bronx, NY Ariel Property Advisors (Ariel) arranged the sale of 36 Bruckner Blvd., a corner development site in the Mott Haven neighborhood, for $9.85 million, or $131 per buildable s/f (BSF). An Ariel team led by senior director Jason Gold and associate director
November 2024 NYSCAR president’s message - by Robert Strell
November 12, 2024
The New York State Commercial Association of Realtors held their 2024 annual meeting on September 30th at the Turning Stone Resort and Casino in Verona. The following officers were elected for 2025: President, Robert Strell (WNY); first vice president, Mercedes Brien (RAC); second vice president,
Tishman Speyer completes $3.5 billion
refinancing for Rockefeller Center
November 12, 2024
Manhattan, NY Tishman Speyer has refinanced its iconic Rockefeller Center campus via a $3.5 billion CMBS loan, the largest issuance ever for a single office asset. Bank of America and Wells Fargo served as co-lead managers on the five-year Single Asset Single Borrower
WX hosts 2024 Woman of the Year Gala, honoring DaSilva of PIMCO Prime Real Estate
November 12, 2024
Manhattan, NY WX New York Women Executives in Real Estate (WX) hosted its Annual 2024 Woman of the Year Gala on Thursday, October 10th at The Plaza. The sold-out gala honored Peggy DaSilva, head of asset management, U.S., for PIMCO Prime Real Estate, who
Arrow Real Estate Advisors launches, led by managing partner Betesh
November 12, 2024
Manhattan, NY Arrow Real Estate Advisors has officially launched under the leadership of managing partner Morris Betesh. With over two decades of experience, Betesh has financed over 1,000 buildings and closed transactions exceeding $20 billion. He is known for representing developers across the country
Music in the air... and real estate - by Harry Zlokower
November 12, 2024
While music has been employed for years in segments of commercial real estate, it does not always come to mind when one thinks of marketing showrooms to brokers and high-end designer space, restaurants, and commercial real estate to users. Now a former retail broker with music industry experience is introducing
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