Category: Brokerage

Standard Communities expands offices and grows staff

Standard Communities expands offices and grows staff

October 31, 2023
New York, NY Standard Communities, a leading national affordable housing developer and investor, has expanded its principal offices and added staff reflecting business. Standard is one of the 20 largest owners of affordable housing in the U.S. with nearly 19,000
Rockabill secures $47.2 million to convert former nursing home into affordable senior community

Rockabill secures $47.2 million to convert former nursing home into affordable senior community

October 31, 2023
Yonkers, NY Rockabill, a leading consultant and development partner for the affordable and supportive housing industry, announced that it has secured $47.2 million on behalf of the nonprofit Finian Sullivan Corporation (FSC) to finance the acquisition and adaptive reuse of the former Convent of Mary the Queen nursing home. FSC’s is the owner and operator of two longstanding affordable housing developments
Rockabill add Assistant Vice President to expand supportive housing practice

Rockabill add Assistant Vice President to expand supportive housing practice

October 31, 2023
Eve Passman has joined Hoboken-based Rockabill Development & Consulting as an Assistant Vice President. In this new role, she will support the structuring and underwriting of supportive housing projects across New York City and State. Eve’s diverse background
Rick and Sunshine of Janover announce firms merger

Rick and Sunshine of Janover announce firms merger

October 31, 2023
IREON members, Kenneth Rick, Partner, Janover LLC  and Barry Sunshine, Senior Tax Partner and IREON financial advisor since 2018 announced the firm's merger with Armanino, the 18th largest CPA firm in the United States, effective Nov 1, 2023 read the full story
Canvas Worldwide inks lease for <br>18,149 s/f at 75 Varick St.

Canvas Worldwide inks lease for
18,149 s/f at 75 Varick St.

October 17, 2023
Manhattan, NY According to Hudson Square Properties (HSP), a joint venture of Trinity Church Wall Street, Norges Bank Investment Management, and Hines, full-service media communications agency Canvas
Morgan Properties relocates corporate offices to 17,000 s/f at High Point Office Park in Victor

Morgan Properties relocates corporate offices to 17,000 s/f at High Point Office Park in Victor

October 17, 2023
Victor, NY Morgan Properties, one of the largest multifamily owners and operators in New York state, is relocating its local corporate office to 211 High Point Dr. The office encompasses close to 17,000 s/f and accommodates up to 80 employees. Its design includes an outdoor terrace,
Retech Systems expands with lease at <br> Uniland’s 175 Milens Road

Retech Systems expands with lease at
Uniland’s 175 Milens Road

October 17, 2023
Tonawanda, NY According to Empire State Development (ESD), Retech Systems LLC, which makes high-tech titanium melting furnaces for contractors in the aerospace, defense, and medical industries, will be expanding. The company, which has been in operation for more than a half century, has outgrown its headquarters on Northland Ave.
Wharton Properties buys 12,860 s/f 14 Bedford St. multifamily - $13.5 million

Wharton Properties buys 12,860 s/f 14 Bedford St. multifamily - $13.5 million

October 17, 2023
Manhattan, NY Wharton Properties has purchased a six-story walk-up multifamily at 14 Bedford St., between 6th Ave. and Downing St. for $13.5 million.
CBRE arranges $10 million acquisition of <br>20,865 s/f 143-02 Jamaica Avenue

CBRE arranges $10 million acquisition of
20,865 s/f 143-02 Jamaica Avenue

October 17, 2023
Queens, NY CBRE arranged two transactions on behalf of MediSys Health Network, a New York not-for-profit corporation and the supporting organization to Jamaica Hospital Medical Center (JHMC) and Flushing Hospital
Ariel Property Advisors negotiates $29.5 million sale of Gowanus development site

Ariel Property Advisors negotiates $29.5 million sale of Gowanus development site

October 17, 2023
Brooklyn, NY Ariel Property Advisors has arranged the sale of a 421a vested, mixed-use development site offering 101,852 buildable s/f at 125 3rd St. in the Gowanus neighborhood for $29.5 million ($290 per buildable s/f). With this transaction
TRITEC begins pre-leasing of 388 apartments at The Core in Station Yards

TRITEC begins pre-leasing of 388 apartments at The Core in Station Yards

October 17, 2023
Ronkonkoma, NY TRITEC has started pre-leasing 388 residential apartment units at The Core, the next phase of Station Yards, TRITEC’s $1.2 billion development at the Ronkonkoma Train Station.
NAR Sept. 2023 commercial real estate market insights

NAR Sept. 2023 commercial real estate market insights

October 17, 2023
Washington, DC While the massive interest rate hikes have hammered the commercial real estate market, the recent Federal Reserve decision to hold rates unchanged will give the market a break. After 11 collective rate hikes in the last 18 months, commercial real estate credit has gotten even tighter