Category: Brokerage
Are you prepared for an audit? - by Phillip Ross
July 30, 2024
The Paycheck Protection Program (PPP), initiated during the pandemic’s height, has been a critical support mechanism for many businesses, notably within the architecture, engineering, and construction (A/E/C) services sector. Having successfully navigated
Invictus Real Estate provides $69 million
bridge loan for 158-unit Mason Gray
July 30, 2024
Brooklyn, NY Invictus Real Estate Partners closed a $69 million pre-TCO bridge loan for the Mason Gray, a 158-unit residential property in the Crown Heights neighborhood. The loan will support minor construction work required to complete the seven-story
Realterm acquires 5.4-acre industrial outdoor storage maintenance facility
July 30, 2024
Valley Cottage, NY Realterm acquired a functional industrial outdoor storage (IOS) maintenance facility at 400-500 Corporate Ct. The 37,560 s/f facility, situated on 5.4 acres, will serve as an asset in Realterm’s expanding New York
$42 million mill reuse gets $7 million C-PACE financing from Bayview PACE
July 30, 2024
Hudson, NY Bayview PACE is providing $7 million in C-PACE financing for the innovative adaptive reuse of the historic Pocketbook Factory property, to create a mixed-use hotel/hospitality/wellness/cultural space renamed Pocketbook Hudson. Commercial Property-Assessed Clean Energy financing (C-PACE)
Houlihan Lawrence appoints Rackenberg as head of commercial division
July 30, 2024
Manhattan, NY Houlihan Lawrence appointed Michael Rackenberg as the new head of its commercial division. Rackenberg has been a consistent top producer since joining Houlihan Lawrence’s Commercial team in 2013, with a proven track
Brody of Eastern Union secures $12 million to refinance 35,210 s/f industrial building
July 30, 2024
Brooklyn, NY David Brody, a loan originator with Eastern Union, has arranged $12 million toward the refinancing of a one-story, 35,210 s/f industrial building in the Williamsburg section of the city. The property includes warehouse space, office space
Delancey Street Assocs. partners with Blueground at Essex Crossing
July 30, 2024
Manhattan, NY Delancey Street Associates, a joint venture of Taconic Partners, L+M Development Partners, BFC Partners, the Prusik Group, and the Urban Investment Group within Goldman Sachs Asset Management, has partnered with Blueground, one
Avatar Financial Group provides $12.4 million financing for two high-end single-family homes
July 30, 2024
Southampton, NY Avatar Financial Group LLC (Avatar) provided $12.43 million in financing for a pair of high-end single-family homes that are under construction and 80% complete. The bridge loan will provide 100% of the capital needed to retire
Braus, Dweck and Squier of Lee & Assocs. NYC lease 3,300 s/f to L’AGENCE
July 30, 2024
Manhattan, NY Lee & Associates NYC has represented 925 Madison Avenue Inc. in a new 10-year lease with luxury clothing brand, L’AGENCE at 956 Madison Ave. on the Upper East Side. The lease consists of 1,800 s/f on the ground floor and
The Moinian Group leases 3,000 s/f to Bodyrok
July 30, 2024
Manhattan, NY The Moinian Group signed a 3,000 s/f lease renewal with Bodyrok, a Pilates-inspired strength training and fitness studio at 10 West 18th St. in the Flatiron district.
SL Green Realty leases 75,825 s/f to Tradeweb Markets at 245 Park Ave.
July 30, 2024
Manhattan, NY According to landlord SL Green Realty Corp., Tradeweb Markets LLC signed a new 75,825 s/f, 15-year lease covering the entire 29th and 30th floors at 245 Park Ave.
Rosewood Realty Group brokers Bronx multifamily buildings for $2.2 million
July 30, 2024
Bronx, NY Rosewood Realty Group has brokered the sale of two walk-up apartments buildings consisting of 29 total apartments for $2.2 million.
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