Category: Brokerage

Camber Property Group and HCCI acquire The Johanna Apartments for $30 million

Camber Property Group and HCCI acquire The Johanna Apartments for $30 million

August 24, 2021
Manhattan, NY Camber Property Group completed the $30 million acquisition of The Johanna Apartments, a 60-unit, 100% project based Section 8 property across
MSD Partners and Lionheart Strategic Mgmt. provide $130m to Lightstone Grp. for Moxy LES Hotel

MSD Partners and Lionheart Strategic Mgmt. provide $130m to Lightstone Grp. for Moxy LES Hotel

August 24, 2021
Manhattan, NY MSD Partners, L.P. and Lionheart Strategic Management LLC have closed $130 million in financing to the Lightstone Group to capitalize the
Metropolitan Realty Associates raises $50 million equity with Angelo, Gordon & Co.

Metropolitan Realty Associates raises $50 million equity with Angelo, Gordon & Co.

August 24, 2021
Bayshore, NY Metropolitan Realty Associates LLC (MRA) has raised $50 million of equity for a strategic investment fund focused on Long Island industrial assets. In its first acquisition, the fund has
A lawyer discusses due diligence on real estate closings in the COVID era - by C. Jaye Berger

A lawyer discusses due diligence on real estate closings in the COVID era - by C. Jaye Berger

August 23, 2021
There is still a robust market for buying and selling co-ops, condominiums and townhouses even in the current period. However, doing due diligence to find out more about the
Rosewood Realty Group closes $31 million 12-building portfolio sale in Miami Beach

Rosewood Realty Group closes $31 million 12-building portfolio sale in Miami Beach

August 20, 2021
New York, NY According toRosewood Realty Group's National Brokerage Division, they have sold a 12-building portfolio in Miami Beach for $31 million.
Collins joins Cord Meyer Development Co. board

Collins joins Cord Meyer Development Co. board

August 10, 2021
Queens, NY John Collins, who served as president and CEO of NYU Winthrop Hospital from 2009 to 2019, has been appointed to the board of directors of Cord Meyer Development Co., one of the oldest and largest developers in the New York metropolitan area.
Gilbane and Albright-Knox top out Gundlach Building

Gilbane and Albright-Knox top out Gundlach Building

August 3, 2021
Buffalo, NY Gilbane Building Co. joined the Albright-Knox Art Gallery’s Board of Directors, museum leadership, construction trades workers, and elected officials to celebrate the completion of
Marcus & Millichap facilitates sale of 49-unit property for $7.8 million

Marcus & Millichap facilitates sale of 49-unit property for $7.8 million

August 3, 2021
New York, NY Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services,
ACRE Solutions partners with Silverpeak and Capstone to expand real estate secondaries market

ACRE Solutions partners with Silverpeak and Capstone to expand real estate secondaries market

August 3, 2021
New York, NY Phil Barker and Sam Khatib, former executives of CBRE Capital Advisors, are launching a new venture, ACRE Solutions, to serve and foster the secondary market for limited partnership positions in open- and closed-end real estate funds and direct assets. The firm is backed by partnerships with Silverpeak and Capstone Equities
Broome County: Home to one-stop-shop business retention & expansion services - by Stacey Duncan

Broome County: Home to one-stop-shop business retention & expansion services - by Stacey Duncan

August 3, 2021
Two of the most important tools in any economic development organization’s toolkit are strong, active community partnerships and a robust business retention and expansion program. At the Leadership Alliance, the
Heiss of Largo Capital arranges $3 million loan to refinance two industrial properties

Heiss of Largo Capital arranges $3 million loan to refinance two industrial properties

August 3, 2021
Toronto, ON Kevin Heiss, managing director of the Largo Group of Companies, arranged a $3 million permanent first mortgage to refinance the existing debt
2021 Buffalo apartment market - by Brian Heine

2021 Buffalo apartment market - by Brian Heine

August 3, 2021
Total multifamily sales in the Buffalo apartment market in 2020 totaled $107 million, down from $186 million in 2019, but better than expected after New York State’s shutdown of the real estate business through