Category: Brokerage
Coaching: Goodbye to the best decade of our lifetime - by Rod Santomassimo
November 5, 2019
2009-2019 has been one hell of a ride. What started with the worse economic downturn of our lifetime, rebounded to one of the loudest booms in our economy, our business, and our lives. At least it should have for most. In Q4 2009 many of us
Robert Martin Co. promotes Finley, Frank and Spring; hires Van Ripper
November 5, 2019
Elmsford, NY Robert Martin Co. LLC has promoted Damian Finley, Jeremy Frank and Sandy Spring, and hired Brian Van Ripper.
Weidell to succeed Padilla as CEO of NorthMarq
November 5, 2019
Minneapolis, MN As NorthMarq continues its growth, president Jeffrey Weidell will become CEO on January 1st, 2020, succeeding Eduardo Padilla. Padilla, who served in the role for 20 years, will become executive chair
Castro of Cushman & Wakefield voted president-elect of CREW New York
November 5, 2019
New York, NY According to Cushman & Wakefield, Betty Castro, managing principal of the real estate services firm’s Downtown office, has been elected president-elect of Commercial Real Estate Women (CREW) New York for 2020
Bohemia Realty hosts “Investing in Real Estate” with Antuñano of MiT National Land Services
November 5, 2019
New York, NY Bohemia Realty Group’s Adam Schroeder moderated “Investing in Real Estate” featuring guest expert Berto Antuñano, vice president of business development at MiT National Land Services.
HREC arranges sale and purchase financing for Hampton Inn - Rochester
November 5, 2019
Rochester, NY HREC Investment Advisors has arranged the sale and purchase financing of the 117-guestroom Hampton Inn Rochester North. The sale was led by Ketan Patel and Mark von Dwingelo, and purchase financing was led by John Siska
Duna RE Group acquires Hudson Valley properties for $9.725 million; Ralby of HKS arranges financing
November 5, 2019
Kingston, NY Duna Real Estate Group has completed its $9.725 million acquisition of three artist and creative live-work loft properties. The portfolio totals 120,000 s/f in the city’s Midtown Arts District. The
Cravath takes 481,000 s/f at Brookfield's Two Manhattan West office tower
November 5, 2019
Manhattan, NY According to Brookfield Properties, Cravath, Swaine & Moore LLP will become the anchor tenant at Two Manhattan West, Brookfield’s next 58-story, 1.9-million s/f office tower, which is under construction on 31st St. and Ninth
Pembrook Capital Management provides $5.75 million preferred equity financing
November 5, 2019
Westbury, NY Pembrook Capital Management LLC has closed a $5.75 million preferred equity investment to recapitalize 1025 Old Country Rd., a 200,000 s/f office building and colocation/data center
Rudin Management Co. leases 8,200 s/f to La Prairie at 41 Madison Ave.
November 5, 2019
Manhattan, NY According to the Rudin Family, Swiss skincare brand La Prairie has finalized a 10-year lease at 41 Madison Ave. in the Flatiron District. The company will occupy 8,200 s/f on a portion of the 40th floor.
ORIX USA to expand multifamily banking business with acquisition of Hunt Real Estate Capital
November 5, 2019
New York, NY ORIX Corporation USA, the U.S. and Latin America business hub for Tokyo-based ORIX Corporation (ORIX), announced today that it has signed a definitive agreement to acquire Hunt Real Estate Capital, LLC, a subsidiary of Hunt Companies, Inc. The acquisition combines the financial strength of ORIX USA
Reynolds, Bestreich, Reynolds, and Davila of BRG facilitate $1.05 million sale
November 5, 2019
Brooklyn, NY Bestreich Realty Group (BRG) closed the sale of 264 Jefferson St. in the Bushwick neighborhood. This multifamily sold for $1.05 million, which equates to $245 per s/f. The building features six two-bedroom apartments totaling 4,290 s/f.
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