Category: Brokerage

Klosed Properties acquires Queens bldg. for $1.2 million; deal brokered by Cushman & Wakefield

Klosed Properties acquires Queens bldg. for $1.2 million; deal brokered by Cushman & Wakefield

September 8, 2020
Queens, NY Klosed Properties has acquired 763 Seneca Ave. in the Ridgewood neighborhood for $1.2 million. Stephen Preuss, Andreas Efthymiou, and Rani Bendary of Cushman & Wakefield brokered
Silber Investment Properties completes 7-Eleven portfolio acquisition – $6 million

Silber Investment Properties completes 7-Eleven portfolio acquisition – $6 million

September 8, 2020
Allegany, NY Silber Investment Properties has completed the last segment of a portfolio acquisition of Upstate New York 7-Elevens for Peter Petrakis. The sum total of all property values within this acquisition was
Largo Capital arranges financing totaling $18.7 million

Largo Capital arranges financing totaling $18.7 million

September 8, 2020
Buffalo, NY Largo Capital has completed financing totaling $18.7 million. Jack Phillips, principal with Largo Capital, arranged permanent financing for an independent senior community. The $12.1 million, non-recourse,
Cushman & Wakefield procures $80 million for 435,000 s/f warehouse and completes two multifamily deals totaling $35.6 million

Cushman & Wakefield procures $80 million for 435,000 s/f warehouse and completes two multifamily dea...

September 8, 2020
Yonkers, NY Cushman & Wakefield (C&W) completed three transactions valued at $115.6 million. The firm served as the exclusive adviser to Alfred Weissman Real Estate, LLC in the
Portfolio optimization through 1031 exchanges - by Russell Gullo

Portfolio optimization through 1031 exchanges - by Russell Gullo

September 8, 2020
A common issue faced by real estate investors is owning properties that are geographically scattered. A possible strategy allows for them to efficiently consolidate and optimize their holdings, pay no tax through a 1031 exchange, and
Vanguard-Fine facilitates eight sales totaling $6.823 million and completes 14 leases totaling over 83,948 s/f

Vanguard-Fine facilitates eight sales totaling $6.823 million and completes 14 leases totaling over ...

September 8, 2020
Albany, NY Vanguard-Fine, LLC has completed the following: Barry Feinman, Kenneth Brownell and Paul Bulmer of Vanguard-Fine represented Albany Medical Center on the sale of 220 Washington Ave. Ext. between
Tuccillo of Marcus & Millichap reps seller in $9.75 million Walgreens sale

Tuccillo of Marcus & Millichap reps seller in $9.75 million Walgreens sale

September 8, 2020
Wappingers Falls, NY Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale of 1575 U.S. Rte. 9, according to
WinnCompanies celebrates ribbon cutting at Liberty Lofts at Sibley Sq. in Rochester

WinnCompanies celebrates ribbon cutting at Liberty Lofts at Sibley Sq. in Rochester

September 8, 2020
Rochester, NY WinnCompanies, a multifamily developer and property manager, celebrated the opening of 104 workforce apartments inside Liberty Lofts at Sibley Sq. The $23.6 million project marks the completion of a four-year effort to
Town of Hamburg IDA board approves land sale

Town of Hamburg IDA board approves land sale

September 8, 2020
Hamburg, NY The Hamburg Industrial Development Agency (IDA) Board of Directors, through their land development corporation, approved the sale of approximately 64.5 acres of land to Walden Development Group.
Eastern Equity Advisors elevates Schuck to managing director

Eastern Equity Advisors elevates Schuck to managing director

September 8, 2020
Brooklyn, NY Eastern Equity Advisors, an affiliate company of Eastern Union, has promoted Yehuda Schuck to managing director.
TitleVest hires Castellanos

TitleVest hires Castellanos

September 8, 2020
New York, NY According to TitleVest, a leading NYC-based title insurance agency and member of the First American family of companies, Rafael Castellanos has joined the
Community Preservation Corp. and Finning Properties close Freddie Mac financing totaling $13 million

Community Preservation Corp. and Finning Properties close Freddie Mac financing totaling $13 million...

September 8, 2020
Cohoes and Schodack, NY The Community Preservation Corp. (CPC), a leading nonprofit multifamily finance and community revitalization company, and Finning Properties have closed two Freddie Mac Conventional Capital Markets Execution