Category: Brokerage
L+M Development Partners and Osborne Association close on $126 million deal for Marcus Garvey extens...
April 16, 2024
Brooklyn, NY L+M Development Partners and Osborne Association closed on a $126 million deal to develop Marcus Garvey extension phase two buildings C/E in Brownsville. The project will feature 178 affordable apartments, 88 of which will be supportive
SCALE Lending issues $140 million construction loan to Clipper Equity
April 16, 2024
Brooklyn, NY SCALE Lending has issued a $140 million construction loan for Clipper Equity’s seven-story, 354-unit multifamily project located at 2366 Bedford Ave. in Flatbush.
Six new leases signed at The Stahl Organization’s 277 Park Ave. office building
April 16, 2024
Manhattan, NY Cushman & Wakefield and The Stahl Organization arranged six new leases totaling 175,000 s/f at 277 Park Ave., a 1.85 million s/f class A office building in Midtown.
Is New York City still a viable investment option? - by Shallini Mehra
April 16, 2024
With lingering high rates, rent collection difficulties in stabilized buildings, escalating operating costs, and a strict regulatory environment, certain segments of the real estate market are facing tough hurdles. The
Benenson Capital Partners promotes Butts, Ciaravino and Katzman
April 16, 2024
Manhattan, NY Benenson Capital Partners has elevated three professionals within its investment and asset management teams as the firm reorganizes its leadership team.
Adler & Stachenfeld elevates Rothstein and Carpinello
April 16, 2024
Manhattan, NY Adler & Stachenfeld LLP (A&S) have elected two new partners. Jonathan Rothstein and Matthew Carpinello will serve as partners within the firm’s joint venture (JV) and finance practice groups.
Greystone names Jenkins and Rosenberg co-presidents of lending platform
April 16, 2024
Manhattan, NY Debby Jenkins and Mordecai Rosenberg have been appointed co-presidents of Greystone’s comprehensive lending business platform. Together, Jenkins and Rosenberg will seek to elevate, expand, and innovate across a variety
Weiner and Jakubowitz join Brooklyn Land Title
April 16, 2024
Brooklyn, NY Brooklyn Land Title welcomes Samuel Weiner and Alon Jakubowitz. Weiner comes with five years of experience working at both Langdon Title and Riverside Abstract, and will join Chris Yong as partner.
Ariel Property Advisors names 2024 corporate award winners and company promotions
April 16, 2024
Manhattan, NY Ariel Property Advisors (Ariel) presented its internal recognition awards honoring its top producers, leaders and rising stars for their achievements throughout 2023. In addition, Ariel
Alvarez & Marsal Property Solutions welcomes Swerdloff
April 16, 2024
Manhattan, NY Alvarez & Marsal Property Solutions (AM-PS) has added Max Swerdloff to its leasing team. “We are thrilled to welcome Max to our team. Having recently transitioned from the landlord side
Soloviev Group appoints Balboni of RedLand Strategies as safety and security advisor for Freedom Pla...
April 16, 2024
Manhattan, NY Soloviev Group has appointed Michael Balboni, former deputy secretary for public safety and Homeland Security advisor for New York state who serves as president and managing director of RedLand Strategies, to the role of safety and security advisor for Freedom Plaza.
Fried Frank advises MCR in 16-hotel refinance
April 16, 2024
New York, NY Fried Frank advised MCR, the country’s third-largest hotel owner-operator, on its refinancing of a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. MCR acquired the 16 hotels — totaling 2,274 guestrooms — primarily in 2020 and 2021.
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