Category: Brokerage
Meridian’s Doshi and Mehra sell 35,000 s/f building for $5.8 million
June 1, 2021
New York, NY Meridian Capital Group’s Amit Doshi and Shallini Mehra sold their exclusive listing, 2955 East 196th St., an Art Deco building located in the Pelham Bay section of the Bronx. Built in 1931, this 35,000 s/f corner property includes 37 apartments, with 220 feet of wraparound frontage. The property traded for $5.8 million
Kensington Vanguard acquires Hometown Title & Escrow
June 1, 2021
New York, NY Kensington Vanguard National Land Services (KV), one of the largest independent, full-service national title insurance agencies in the country, is pleased to announce the acquisition of Hometown Title & Escrow (Hometown Title).
Gov. Cuomo unveils ten projects for Niagara Falls, part of $10 million DRI award
June 1, 2021
Niagara Falls, NY Governor Andrew Cuomo unveiled 10 transformational projects as part of the $10 million Downtown Revitalization Initiative (DRI) award. The strategic investments will
Amazon donates $1.75 million towards construction of new STEAM high school
June 1, 2021
Syracuse, NY Amazon.com is donating $1.75 million toward a new STEAM (Science, Technology, Engineering, Arts, and Math) high school in Onondaga County. With a new robotics
Lantern Real Estate arranges $24.2 million acquisition financing for 100-unit property in Westcheste...
June 1, 2021
Port Chester, NY Lantern Real Estate has secured a $24.2 million loan for the acquisition of The Mariner, a best-in-class, LEED-Silver certified, 100-unit residential property located at
Hopkins of Lynx Mortgage Bank places $600,000 financing; Beacon Bank is the lender
June 1, 2021
Charleston, SC Lynx Mortgage Bank LLC, Commercial Division has placed conventional financing for their client, Tang Enterprise of the Carolinas, LLC. Tang Enterprise of the
Stenson of Brax Realty brokers $3.5 million sale
June 1, 2021
Manhattan, NY According to Alan Stenson, senior director of locally-based investment sales brokerage firm, Brax Realty brokered the sale of a
Kaufman Dolowich & Voluck opens Westchester office
June 1, 2021
White Plains, NY Kaufman Dolowich & Voluck LLP (KDV) is expanding its presence in the New York metropolitan area with the opening of an office in Westchester, its
Urban Standard Capital places $8.7m construction loan for Spencer Developers
June 1, 2021
Brooklyn, NY Urban Standard Capital, (USC) delivered a $8.7 million construction completion loan to Spencer Developers to finish a gut renovation of a previously blighted, three-story
Consigli Construction Co. promotes Barry and Burns
June 1, 2021
Albany & Pleasant Valley, NY Consigli Construction Co., Inc. announced two new promotions for the Albany and Pleasant Valley offices. Consigli veteran
Meshil of Royal Properties brokers three leases for Popeyes totaling 8,010 s/f; Additional leases by...
June 1, 2021
Yorktown Heights, NY According to Royal Properties, Inc., Scott Meshil has brokered three leases for Popeyes Louisiana Chicken. Popeyes Louisiana Chicken signed a
Completion guarantees in ground leases: What are they good for? - by Dena Cohen
June 1, 2021
There is no shortage of discussion among lawyers about the utility of completion guarantees. In a typical development ground lease, the landlord selects a developer to
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