Category: Brokerage
Newmark Knight Frank negotiates $20.5 million for Infinity Real Estate; Financing by Bridge Investme...
March 24, 2020
Staten Island, NY On behalf of Infinity Real Estate, Newmark Knight Frank (NKF) has arranged a $20.5 million floating-rate loan for the acquisition of the Shops at Richmond Ave. The NKF team was led by vice chairmen and
Owner’s right to access an adjacent property under construction - by Raymond Castronovo
March 24, 2020
During any construction project, there often arises a need for construction activities to encroach upon an adjacent property. In fact, local building codes often require the owner of a construction project to protect and safeguard persons and
Hastings Capital completes total renovation for 327 Skidmore Rd. in Deer Park, Long Island
March 24, 2020
Deer Park, NY Hastings Capital, LLC continues to demonstrate an ongoing commitment to excellence and to turning Long Island’s underperforming properties into valuable resources. 327 Skidmore Rd. is Hastings’ latest turn-around.
Phillips of Largo places $49.5 million permanent financing
March 24, 2020
Buffalo, NY Jack Phillips, principal of the Largo Group of Cos., secured a $49.5 million permanent first mortgage to refinance the existing debt on a 478,000 s/f class A office facility.
Dunne, Bardsley, Neuer, Gavin, Pride and MacKenzie of CBRE’s Institutional Properties close $42.5 ...
March 24, 2020
White Plains, NY CBRE’s Institutional Properties’ Jeffrey Dunne, Steven Bardsley, Jeremy Neuer, David Gavin, Gene Pride and Stuart MacKenzie closed on the $42.5 million sale of Grand Street Plaza. The CBRE team represented the seller, an
Hildreth Real Estate Advisors acquires Long Island property for $1 million
March 24, 2020
Huntington, NY Hildreth Real Estate Advisors has purchased a two-story commercial property on Main St. for $1 million. Prior to closing, Hildreth signed ENDO Healing for the 1,408 s/f ground floor retail, which is expected to open by the end of the month.
Inglese and Haque of Friedman-Roth Realty facilitate $30 million sale
March 24, 2020
Bronx, NY In an off-market transaction, Friedman-Roth Realty Services completed the $30 million sale of a package of three, six-story elevator apartment buildings. The seller was represented by Giuseppe Inglese and Nadeem Haque.
JLL secures two loans totaling $755 million in financing for two Manhattan properties
March 24, 2020
Manhattan, NY JLL Capital Markets secured two loans totaling $755 million: A $545 million loan to finance 711 Fifth Ave. on behalf of the development group led by SHVO, including Deutsche Finance America and BLG
Schuster, Birnbaum and Shimkin of NKF are sole brokers in Manolo Blahnik lease
March 24, 2020
Manhattan, NY Manolo Blahnik has signed a lease for its new flagship on 717 Madison Ave. Newmark Knight Frank’s (NKF) vice chairmen Ariel Schuster, Ben Birnbaum and Peter Shimkin were the sole brokers on the transaction.
Meridian Capital Group secures $18.85 million on behalf of Segal of Dynamic Star
March 24, 2020
Bronx, NY Meridian Capital Group arranged $18.85 million in acquisition financing for the CSX site within the Fordham Landing assemblage in the University Heights neighborhood on behalf of Gary Segal of Dynamic Star.
Hirschfeld Props. signs Icahn School of Medicine at Mt. Sinai to 207 East 94th St.
March 24, 2020
New York, NY The Icahn School of Medicine at Mount Sinai Hospital has expanded to 12,000 s/f on the second and third floors at 207 East 94th St., according to Elie Hirschfeld, president of Hirschfeld Properties and owner of
The Collective obtains $75 million construction financing from ACRES Capital Corp.
March 24, 2020
Brooklyn, NY The Collective, a leading global co-living company based in New York, London and Berlin, has secured $75 million in construction financing for its latest co-living development, 292 North 8th St. in central Williamsburg.
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