Category: Brokerage
Zalta and Lai of Rosewood Realty Group collaborate for $5.37 million deal on the Upper East Side
March 24, 2020
Manhattan, NY Rosewood Realty Group brokered the $5.37 million sale of a four-story multifamily building on East 82nd St. near First Ave., on the Upper East Side. Rosewood’s Jack Zalta represented the seller, Mitchel Maidman of Townhouse Management and Ryan Lai, also of Rosewood,
LLC agreement issues for co-investors - by Thomas Kearns
March 24, 2020
Limited liability companies or “LLCs” are used to hold the vast majority of U.S. real estate investments. Outside of REITs and other corporate owned real estate, investments of any significant size typically include a large institutional capital partner and
The Lombardi apartments spotlight their Italian heritage in downtown New Rochelle
March 24, 2020
The modern Lombardi residential apartments proudly wave the flag for the Italian city Guardia Lombardi, in Avellino, Italy. From the country that is well known for art, pizza, fashion, pasta, opera, Christopher Columbus, Maserati
Bowman, DePasquale, Manz & Serra of Black Bear Capital Partners arrange $106.5 million
March 24, 2020
New York, NY Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, has arranged $106.5 million in financing on behalf of multiple borrowers for the refinance of multifamily portfolios.
The Watermark at Brooklyn Heights senior community appoints Bertini executive director
March 24, 2020
Brooklyn, NY Rocco Bertini, CDAL, has joined The Watermark at Brooklyn Heights, a 275-unit senior living residence at 21 Clark St., opening this spring, as executive director. The Brooklyn Heights location is
Metropolitan Realty Assocs. names Jaffe senior associate
March 24, 2020
Manhattan, NY Paul Jaffe joined Metropolitan Realty Associates (MRA), a privately held real estate investment and development firm, as senior associate. He assists in underwriting and structuring new acquisition opportunities,
Marcus & Millichap brokers four sales totaling $9.907 million; includes $3.2m handled by Riney, Salv...
March 24, 2020
Brooklyn, NY Marcus & Millichap has completed the following: 1248-1252 Flatbush Ave., an 8,415 s/f mixed-use property, sold for $3.2 million. Shaun Riney, Michael Salvatico, Daniel Greenblatt and Zalman Yarmush,
Shawmut celebrates 5th annual Women in Construction Week
March 24, 2020
New York, NY Shawmut Design and Construction celebrated Women in Construction Week nationwide and through various industry events hosted by its local office. In an industry that’s 10% women, the firm joined in the
GCP Capital Group arranges 10 transactions: $202.37 million total
March 24, 2020
New York, NY GCP Capital Group LLC has arranged mortgage financing for the following properties: $57.5 million for a 132,000 s/f, six-story luxury condominium building containing 134 units,
Merchants Capital arranges $375 million Freddie Mac financing
March 24, 2020
Brooklyn, NY Merchants Capital, has provided $375 million in financing on behalf of a joint venture between Omni New York LLC, The Arker Companies, Dabar Development Partners, and Bedford Stuyvesant Restoration Corp.
RXR Realty leases 73,000 s/f to INTL FCStone at 230 Park Ave.; JLL acts for tenant
March 24, 2020
Manhattan, NY RXR Realty, an owner, operator, and developer, completed a long-term lease with financial services company, INTL FCStone Inc. at 230 Park Ave. Jordan Berger represented RXR in-house in the lease, along with
Moinian Group secures $105 million refinance from Bank of China
March 24, 2020
Manhattan, NY The Moinian Group has closed on a $105 million loan from Bank of China to refinance Oskar, the developer’s fully leased residential building at 572 11th Ave. The $105 million loan from Bank of China at a
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