Category: Brokerage

Bivona of Victory Capital arranges $10 million refinancing of 50-room hotel

August 15, 2023

Manhattan, NY Michael Bivona, managing director of Victory Capital, Inc. arranged a $10 million refinancing of a hospitality property on Lexington Ave. The subject property is located in NoMad, a neighborhood bounded by Chelsea.

The Carlyle Group and Z+G Group acquire 123-unit 8 Marcy Ave. for $97.5 million

August 15, 2023

Brooklyn, NY JLL Capital Markets has closed the $97.5 million sale of 8 Marcy Ave., an eight-story, 123-unit rental building in Williamsburg. JLL represented the seller, Prospect Development, which is led by Joel

Axiom Capital funds $8.6 million loan <br> for 107,245 s/f retail property

Axiom Capital funds $8.6 million loan
for 107,245 s/f retail property

August 15, 2023

Colonie, NY Axiom Capital Corp. has structured and arranged a $8.6 million permanent loan (five year with five-year extension option, fixed rate, non-recourse) for the refinance of a retail plaza located in the Latham area of town.

Kaufman Investments acquires 875 Avenue of the Americas for $92.5 million

August 15, 2023

Manhattan, NY Kaufman Investments, a division under The Kaufman Organization (Kaufman), has announced the acquisition of 875 Avenue of the Americas, a 265,000 s/f, 26-story office building located on 31st St. and 6th Ave., for $92.5

August 2023 message from the president of NYSCAR - by Robert Strell

August 15, 2023

One of the goals I have as president is to visit the NYSCAR chapters throughout the state. Many thanks to the Southern Tier chapter leadership, Hudson Valley and Long Island,/NYC leadership for the courtesies extended to me during my recent visits with them. It was a great opportunity to talk to the members about common areas

Tarter Krinsky & Drogin represents client in infringement complaint related to patented scaffolding ...

August 15, 2023

Manhattan, NY Tarter Krinsky & Drogin is taking legal action to enforce Urban Umbrellas’ scaffolding design in the city and rights to its unique sidewalk design.

M&T Bank appoints new leadership

August 15, 2023

Buffalo, NY M&T Bank has made leadership updates in its commercial bank which are designed to support its ongoing evolution and commitment to providing support to its clients and communities. These changes include the following promotions and new hires:

Phillips of Largo Capital arranges refinancing for 11,000 s/f

August 15, 2023

Buffalo, NY Jack Phillips, principal at Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a mixed-use property. The property features over 11,000 s/f of commercial space and 50 residential units. In addition, the property offers access to local amenities as well as major highways including

JRT Realty Group names Roman, Luo and Yu as summer interns

August 15, 2023

Manhattan, NY JRT Realty Group named three outstanding college students that have joined their annual summer internship program.

Keeler Markwood Group affiliate secures $15.25 million construction financing for 74 units

August 15, 2023

White Plains, NY Chester WP II, LLC, an affiliate of development company Keeler Markwood Group, has secured $15.25 million in ground-up construction financing from First County Bank to develop a four-story, 59,540 s/f residential building

Greater Binghamton Chamber recognizes young professionals at HYPE event

August 15, 2023

Endwell, NY The Greater Binghamton Chamber of Commerce honored nine young professionals and one mentor to a young professional at the Riverdale Banquet Hall. The HYPE Awards highlight professionals under the age of 30 who have demonstrated success in their career and industry in addition to making a significant positive

Djurkovic Investment Properties sells 147-54 Ash Ave. for $2.5 million

August 15, 2023

Queens, NY Djurkovic Investment Properties has completed the $2.5 million sale of 147-54 Ash Ave., a corner development site located in Flushing. Djurkovic Investment Properties worked on behalf of the seller,