Category: Brokerage

Dayan of TrueStone purchases office building for $36.3 million

Dayan of TrueStone purchases office building for $36.3 million

December 14, 2021
Malvern, PA TrueStone announced today the purchase of “45 Liberty” - a 137,178 s/f “Class-A” trophy office building. The 3-story building
Due By The First hires Matthew Murphy as portfolio manager

Due By The First hires Matthew Murphy as portfolio manager

December 14, 2021
New York, NY Due By the First has hired Matthew Murphy as portfolio manager where he will be responsible for underwriting new deals and managing current
Ferrara of Brax Realty sells vacant retail building for $4.6 Million

Ferrara of Brax Realty sells vacant retail building for $4.6 Million

December 9, 2021
New York, NY Michael Ferrara, managing principal of Manhattan based Investment Sales brokerage firm Brax Realty announced the sale of a vacant retail building
Rose Associates announces retirement of senior managing director Bruce Spiegel

Rose Associates announces retirement of senior managing director Bruce Spiegel

December 9, 2021
New York, NY Rose Associates, Inc., the New York-based multifamily real estate developer, announced today that Bruce Spiegel, senior managing director of retail and
Engel Burman founder, Sydney Engel, 98, dies

Engel Burman founder, Sydney Engel, 98, dies

December 1, 2021
Sydney Engel, founder of Engel Burman, has died. He was 98.
Arden Group provides $57 million loan for Margaritaville Resort Times Sq.

Arden Group provides $57 million loan for Margaritaville Resort Times Sq.

November 23, 2021
Manhattan, NY Arden Group, a fully integrated real estate company, has originated a two-year, $57 million mezzanine loan for the Margaritaville Resort Times Square, a
Sternhell and Vanderpool of Cignature Realty facilitate $8 million sale

Sternhell and Vanderpool of Cignature Realty facilitate $8 million sale

November 23, 2021
Manhattan, NY Cignature Realty facilitated the sale of a 5-story multifamily elevator building for $8 million.
The underappreciated estoppel - by Thomas Kearns

The underappreciated estoppel - by Thomas Kearns

November 23, 2021
A recent Illinois case highlights the benefits of obtaining an estoppel certificate from a counter-party. Estoppel certificates typically confirm the identity of the documents that
Heritage Affordable Communities acquires two props.

Heritage Affordable Communities acquires two props.

November 23, 2021
Yonkers, NY Alex Hajibay’s Heritage Affordable Communities acquired an 88-unit property for $15.7 million. The property, located at 34 Highland Ave., was constructed in
Attorneys discuss the hybrid impact on commercial real estate - by Michael Romer and Pierre Debbas

Attorneys discuss the hybrid impact on commercial real estate - by Michael Romer and Pierre Debbas

November 23, 2021
Since the height of the pandemic, many workers have begun to return to the office. However, even with this resurgence, Midtown offices are more desolate than ever. One of the most asked questions has
Marcus & Millichap arranges sale of 80,004 s/f

Marcus & Millichap arranges sale of 80,004 s/f

November 23, 2021
Evans Mills, NY Marcus & Millichap arranged the sale of Storage Made EZ, a 80,004 s/f self-storage facility, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.