Category: Brokerage

Bestreich Realty Group handles two sales totaling $4.7 million

Bestreich Realty Group handles two sales totaling $4.7 million

July 21, 2020
Brooklyn, NY Bestreich Realty Group (BRG) completed the following: The sale of 302 5th St. in Park Slope for
TerraCRG sells Brooklyn industrial building for $7.2 million

TerraCRG sells Brooklyn industrial building for $7.2 million

July 21, 2020
Brooklyn, NY TerraCRG has completed the sale of the industrial asset at 5701 Foster Ave. in the Canarsie neighborhood. Dan Marks, Daniel Lebor, Adam Tannenbaum and Robert Finnerty closed the deal at $7.2 million.
Kassin Sabbagh Realty sells 72,000 s/f multifamily – $17.1 million

Kassin Sabbagh Realty sells 72,000 s/f multifamily – $17.1 million

July 21, 2020
Brooklyn, NY The multifamily division of Kassin Sabbagh Realty LLC completed the sale of 515 Ovington Ave. in the Bay Ridge neighborhood, for the seller,
Ganz to lead Alpha Realty’s Private Capital Group

Ganz to lead Alpha Realty’s Private Capital Group

July 21, 2020
New York, NY Alpha Realty has tapped David Ganz to spearhead its newly formed Private Capital Group, which specializes in arranging bridge loans and other non-traditional short-term financing.
Chef Kertes joins Watermark at Brooklyn Heights senior community in Brooklyn as executive chef

Chef Kertes joins Watermark at Brooklyn Heights senior community in Brooklyn as executive chef

July 21, 2020
Brooklyn, NY Chef Kfir Kertes has joined The Watermark at Brooklyn Heights, a 275-unit seniors housing residence at 21 Clark St., opening this summer, as executive chef.
Cushman & Wakefield arranges $57 million acquisition financing; loan by USAA Real Estate

Cushman & Wakefield arranges $57 million acquisition financing; loan by USAA Real Estate

July 21, 2020
Brooklyn, NY Cushman & Wakefield served as the exclusive adviser in the procurement of $57 million in acquisition financing for the multifamily condominium at 1 Flatbush Ave.,
Kalikow Group and EYC Cos. close $67 million construction financing

Kalikow Group and EYC Cos. close $67 million construction financing

July 21, 2020
Huntsville, AL EYC Companies and development/equity partner The Kalikow Group, have closed on a $42 million senior secured construction loan to finance
Houlihan-Parnes Realtors place $29m first mortgage

Houlihan-Parnes Realtors place $29m first mortgage

July 21, 2020
Bronx, NY James Houlihan, Bryan Houlihan, and Christie Houlihan of Houlihan-Parnes Realtors placed a $29 million first mortgage on the 222,637 s/f office condominium at
CIT Northbridge Credit serves as lender on $20 million credit facility for Marquis Construction Services LLC

CIT Northbridge Credit serves as lender on $20 million credit facility for Marquis Construction Serv...

July 21, 2020
New York, NY According to CIT Group Inc., CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $20 million senior secured credit facility for
Lionheart Strategic Management and Bank OZK finalize $120 million financing

Lionheart Strategic Management and Bank OZK finalize $120 million financing

July 21, 2020
New York, NY Lionheart Strategic Management LLC, an affiliate of Fisher Brothers that manages capital on behalf of third party investors, has closed a $120 million loan with Bank OZK
NKF facilitates $18 million refinance on behalf of Novel Property Ventures

NKF facilitates $18 million refinance on behalf of Novel Property Ventures

July 21, 2020
Brooklyn, NY On behalf of Novel Property Ventures, Newmark Knight Frank (NKF) has arranged an $18 million fixed-rate loan for the refinancing of 364 Lincoln Pl.
Babylon IDA receives approval to issue small business loans, grants

Babylon IDA receives approval to issue small business loans, grants

July 21, 2020
Lindenhurst, NY The Babylon Industrial Development Agency (IDA) has launched the Babylon Is Back Emergency Assistance Program. The program, recently approved by New York State, will