Category: Brokerage
New York real estate education changes/requirements by licensing law - by Edward Smith
June 27, 2023
Prior to July 1, 2021, if you were a real estate broker for 15 years or more you were exempt from taking Continuing Education courses, known as being “grandfathered”. As of July 1, 2021, grandfathering ended and all real estate licensees must take 22.5 hours of continuing education, every two
Cain acquires $1.2 billion PacWest New York portfolio
June 27, 2023
New York, NY Cain International (Cain), in partnership with Security Benefit Life Insurance Co., has agreed to acquire a portfolio of real estate construction loans from Pacific Western Bank (PacWest) with total commitments in excess of $1.2 billion.
Innovo Property Group secures $354 million equity recapitalization and construction financing
June 27, 2023
Queens, NY Innovo Property Group (IPG) closed on $354 million of equity and vertical construction financing for a New York City industrial project. The site is located at 28-90 Review Ave., at the intersection of Review and Borden Aves. in Long Island City. The Urban Investment Group within Goldman
Madison International Realty and Joseph P. Day Realty Corp. lease 47,160 s/f at Tower 40
June 27, 2023
Manhattan, NY Madison International Realty and Joseph P. Day Realty Corp. negotiated four new transactions totaling 47,160 s/f in leasing activity at 10 East 40th St., now known as Tower 40
IREON New Member Profile: Tommy Tomczy
June 27, 2023
Name: Tommy Tomczyk
Title: District Manager
Company: Collins Building Services
IREON New Member Profile: Alex Lipsky
June 27, 2023
Name: Alex Lipsky
Title: Owner
Company: Lipsky Construction
IREON New Member Profile: David Cobos
June 27, 2023
Name: David Cobos
Title: Area Manager
Company: Collins Building Services
IREON New Member Profile: Liza Bendett
June 27, 2023
Name: Liza Bendett
Title: Associate Real Estate Broker
Company: Compass – The Scout Residential Team
Adler & Stachenfeld launches impact investing practice; led by Ash and Patka
June 27, 2023
Manhattan, NY Adler & Stachenfeld LLP (A&S) has launched an impact real estate practice, which will provide counsel to commercial real estate developers, investors, and not-for-profit organizations on mission-driven and ESG-guided investments and projects. The practice will be
Avenue One raises $100 million to simplify institutional access to residential rental asset class
June 27, 2023
Manhattan, NY Avenue One, a property technology service platform and marketplace for institutional owners, buyers and sellers of residential homes, raised a strategic funding round of $100 million. The round is led by early investor WestCap with participation from MetLife and other leading
Munson joins Lightstone Logistics as senior vice president of industrial asset management
June 27, 2023
Manhattan, NY Lightstone hired Robert Munson as senior vice president of industrial asset management. He joins Lightstone Logistics, a platform strategically expanding Lightstone’s industrial portfolio nationwide.
Hudson Valley Property Group promotes Lee, Levy, Chang, Sudan, Sang, Talasazan and McKessey
June 27, 2023
Manhattan, NY Hudson Valley Property Group (HVPG) has promoted seven individuals across its various teams. The promoted team members include Jennifer Lee, Hayley Levy, James Chang, Craig Sudan, Russell Sang, Arielle Talasazan and Drew McKessey.
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