Category: Brokerage
JLL arranges $395M in financing for 70 Pine St.
March 6, 2024
Manhattan, NY JLL’s Capital Markets group has secured the $395 million refinancing of 70 Pine St., a 66-story, mixed-use property with luxury multi-housing rental, retail and hotel space located in the Financial District. The property was built in 1932 originally for office use, and at the time
Cushman & Wakefield arranges $75m in const. financing for 255 East 39th St. on behalf of Brause and ...
March 6, 2024
Manhattan, NY Cushman & Wakefield served as the exclusive advisor to Brause Realty Inc. and Lonicera Partners LLC in the procurement of $75 million in construction financing for 255 East 39th St., a Class A mixed-use development located in Murray Hill
JLL Capital Markets arranges $27 million loan to refinance 53 Broadway
March 1, 2024
Brooklyn, NY JLL Capital Markets has closed on a $27 million loan to refinance 53 Broadway, a 74-unit multi-housing property in the Williamsburg neighborhood. JLL represented Broadway Brooklyn Acquisition, LLC, securing a five-year
GFP Real Estate signs Incubeta US Corp to 2,133 s/f lease
February 28, 2024
Manhattan, NY According to GFP Real Estate, LLC, Incubeta US Corp. (Incubeta), an international marketing and advertising agency, has signed a five-year lease for 2,133 s/f on the eighth floor of 200 Varick St. in Hudson Sq.
Marcus & Millichap brokers $13.8 million sale of historic buildings
February 28, 2024
Brooklyn, NY Marcus & Millichap completed the sale of two historic buildings. The assets sold for $13.8 million. "This sale is an example of the tremendous demand of vacant, free market redevelopment properties in North Brooklyn,” said Michael
JLL completes full floor lease at 71 Fifth Ave.
February 28, 2024
Manhattan, NY JLL has completed a full floor lease at 71 Fifth Ave., the repositioned 11-story office building in Manhattan’s Union Square and Flatiron neighborhood owned by Madison Capital and Lubert Adler Partners
Ariel Property Advisors arranges $15.875 million
sale of development site
February 27, 2024
Manhattan, NY Ariel Property Advisors (Ariel) has negotiated the sale of a development site offering nearly 50,000 buildable s/f at 250 West 30th St. in the Chelsea neighborhood. The property traded for $15.875 million. An Ariel team comprised of founding partner Victor Sozio; director Howard Raber
Duncan, Coudert and Bermingham of George Comfort & Sons lease 31,000 s/f to Taylor Dance Co.
February 27, 2024
Manhattan, NY The Paul Taylor Dance Company and George Comfort & Sons finalized an agreement for the dance organization to relocate its headquarters to George Comfort & Sons’ 307 West 38th St. tower in Midtown’s Times
Cronheim Hotel Capital secures loan
to refinance Sheraton Brooklyn
February 27, 2024
Brooklyn, NY Cronheim Hotel Capital (CHC) has secured a permanent loan on behalf of The Lam Group to refinance the existing note on the 321-room Sheraton Brooklyn New York Hotel. The fixed-rate, non-recourse, loan was executed with Deutsche Bank.
Cuartas and Rackenberg of Houlihan Lawrence
Commercial broker two sales - $4.725 million
February 27, 2024
Somers, NY Houlihan Lawrence Commercial negotiated two commercial sales in Westchester County totaling $4.725 million. In Somers, Houlihan Lawrence Commercial completed the sale of 12,723 s/f medical building
HUNT Mortgage marks 40th anniversary in mortgage industry
February 27, 2024
Buffalo, NY HUNT Mortgage, a leading name in the mortgage industry, is celebrating its 40th anniversary since its founding in 1984. Created to provide personalized home financing options to its customers and sales
The Feil Organization inks 10-year 210,334 s/f lease extension
with LaGuardia Community College ...
February 27, 2024
Queens, NY The Feil Organization recognized that City University of New York’s LaGuardia Community College has extended its lease for 10 years at 30-20 Thomson Ave. within Queen’s Atrium, an eight-story office building in
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