Category: Brokerage

Downing of Largo Capital secures a $12 million construction loan

Downing of Largo Capital secures a $12 million construction loan

July 30, 2024
Orlando, FL Max Downing, originator at Largo Capital, Inc. secured a $12 million construction loan to finance the ground-up development of a 109-room Everhome SuitesTM, an extended
Town Title Agency sets date for ninth annual golf outing

Town Title Agency sets date for ninth annual golf outing

July 30, 2024
Paramus, NJ Town Title Agency has set a date for the Ninth Annual Town Title Golf Outing, presented by the Town Title Foundation, scheduled for Monday, September 30, 2024. This event
Cohen closes 14-unit ground up construction

Cohen closes 14-unit ground up construction

July 30, 2024
Ridgewood, NY According to Refined, Peter Cohen closed a 14-unit ground up condo construction loan. The transaction featured a 65% LTV, SOFR + 650
Rose Associates names two new managing directors

Rose Associates names two new managing directors

July 30, 2024
Manhattan, NY Rose Associates, Inc., the New York-based multifamily real estate developer and manager, has recently appointed two individuals to the role of managing director. Alex Chin
Cowing of C&W/Pyramid Brokerage Co. Buffalo brokers sale of 129,344 s/f industrial facility

Cowing of C&W/Pyramid Brokerage Co. Buffalo brokers sale of 129,344 s/f industrial facility

July 16, 2024
Cheektowaga, NY 1370 William Street Property LLC has purchased 3500 Genesee St., from Niagara Chocolates Inc. for $6.5 million. The 129,344 s/f industrial warehouse building is on 8.6 acres.
Phillips of Largo Real Estate arranges <br>$6.3m first mortgage

Phillips of Largo Real Estate arranges
$6.3m first mortgage

July 16, 2024
Buffalo, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., has secured a $6.3 million permanent first mortgage to refinance two multi-tenanted industrial buildings. Both are located near the Buffalo Niagara International Airport
Ariel Property Advisors’ Capital <br>Services Group arranges two loans

Ariel Property Advisors’ Capital
Services Group arranges two loans

July 16, 2024
East Harlem, NY The Capital Services Group for Ariel Property Advisors (Ariel) arranged two loans totaling over $14 million for an affordable housing complex in New York and an industrial outdoor storage site in Florida. Matt Swerdlow and Matt Dzbanek, both senior directors with Ariel Property
Stavsky of Stav Equities sells 6,800 s/f walk-up for $2.2 million

Stavsky of Stav Equities sells 6,800 s/f walk-up for $2.2 million

July 16, 2024
Bronx, NY A local private investor has purchased a newly-constructed four-story walk-up building at 1232 Fulton Ave., between East 168th St and East 169th St. in the Morrisania neighborhood for $2.2 million. The 6,800 s/f building consists of eight
OPEN Impact Real Estate and Pinnacle Realty lease 63,000 s/f to Imagine Me Leadership Charter School

OPEN Impact Real Estate and Pinnacle Realty lease 63,000 s/f to Imagine Me Leadership Charter School...

July 16, 2024
Brooklyn, NY According to OPEN Impact Real Estate (OPEN), Imagine Me Leadership Charter School (IMLCS), a pre-K through eighth grade charter school, signed a 30-plus-year lease for 63,000 s/f building at 39 Truxton St. Stephen Powers, Lindsay Ornstein, and Jake Cinti of OPEN
Newmark signs 53,281 s/f of leases at 1040 Avenue of the Americas

Newmark signs 53,281 s/f of leases at 1040 Avenue of the Americas

July 16, 2024
Manhattan, NY Newmark leased 53,281 s/f of office space at Skyline Developers’ 1040 Avenue of the Americas. This series of leases, initiated since Q1 2024, includes new leases, expansions, extensions and relocations, resulting in 97% occupancy.
Rand Commercial has completed the sale of 400 Corporate Court for $11.8 million

Rand Commercial has completed the sale of 400 Corporate Court for $11.8 million

July 16, 2024
Valley Cottage, NY Rand Commercial has completed the sale of 400 Corporate Court, a 50,000+/-s/f building on 16.9+/-acres to Realterm for $11.8 million. Realterm owns and manages transportation real estate and infrastructure assets
Roth, Snyder and Murphy of University Hill Realty facilitate $8.871 million sale of Temple Concord site to Landmark Properties

Roth, Snyder and Murphy of University Hill Realty facilitate $8.871 million sale of Temple Concord s...

July 16, 2024
Syracuse, NY University Hill Realty Ltd. brokered the sale of the historic Temple Concord site at 910 Madison St. The property was sold for a total of $8,871,667, marking a milestone in the local real estate landscape.