Category: Brokerage
George Comfort & Sons signs Tetra Tech to 60,000 s/f; Aronson, Liss, Mansfield and Huang of CBRE rep...
June 18, 2019
Manhattan, NY George Comfort & Sons, Inc. signed a new 60,000 s/f lease with Tetra Tech, Inc., a leading provider of consulting and engineering services, at 498 Seventh Ave., its
Outside the Region: Duff of Arbor Realty Trust originates $10.6 million acquisition loan
June 18, 2019
Forest Park, GA Arbor Realty Trust, Inc. funded a $10.6 million acquisition loan. Arbor provided the loan for Wingate Apartments, a 211-unit complex. Financing for this acquisition includes a two-year, floating rate senior loan and a
Doshi and Mehra of Meridian Investment act for buyer, seller in $16.8m deal; Acquisition financing p...
June 18, 2019
Manhattan, NY Meridian Investment Sales closed on the sale of 1588-1600 Amsterdam Ave., a 100 ft. wide corner walk-up with 44 apartments and nine retail stores. The property sold for
Outside the Region: Hunt Real Estate Capital refinances student housing community
June 18, 2019
Winston-Salem, NC Hunt Real Estate Capital provided a $18.8 million Fannie Mae conventional loan to refinance a student housing property. The loan features a 10-year term with an initial three years of interest-only followed by seven years of amortization
Outside the Region: CIT provides financing for Southern Calif. apartment complex: $48.2 million
June 18, 2019
Colton, CA According to CIT Group Inc., its Real Estate Finance division provided $48.2 million in senior secured financing for the acquisition and redevelopment of The District at Grand Terrace,
Outside the Region: NAP names Fetah senior vice president/director for Riverton Master Planned Proje...
June 18, 2019
Sayreville, NJ According to North American Properties, (NAP) Mark Fetah has joined the firm as senior vice president/director, for the Riverton Master Planned Projects, a $2.5 billion, 5 million s/f mixed-use development
Outside the Region: Cronheim Mortgage secures $12.125 million bridge loan for retail/self-storage fa...
June 18, 2019
Detroit, MI Cronheim Mortgage secured a bridge loan for a self-storage facility in Michigan which is to be fully renovated. The subject is a shopping center with a vacant Kroger grocery store and a
Brookhaven IDA awarded certificate of excellence for web design by NYSEDC
June 18, 2019
Farmingville, NY According to Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), the IDA was awarded a “Certificate of Excellence” for
Hub International Northeast names Sullivan as construction specialty practice leader
June 18, 2019
New York, NY According to Hub International Northeast Limited (Hub Northeast), a subsidiary of Hub Int’l. Limited, Mark Sullivan, ARM, CPCU, CRIS, has been promoted to construction
Outside the Region: Community Development Trust/Southport Financial Services JV acquire LIHTC proper...
June 18, 2019
Lemoore, CA The Community Development Trust (CDT) has entered into a new $37 million joint venture with Southport Financial Services Inc. to purchase and improve five apartment complexes in
Equinox and Industrious to offer workspaces in co-owned fitness clubs
June 18, 2019
Manhattan, NY Equinox has partnered with Industrious to offer workspaces co-located with its fitness club locations. Operating under the co-brand Industrious at Equinox, the first location will be at 35 Hudson Yards.
RE/MAX celebrates opening of Tuckahoe office
June 18, 2019
Tuckahoe, NY RE/MAX Distinguished Homes & Properties recently opened at 273 Columbus Ave., with a ribbon cutting ceremony, open house and community celebration. Broker/owners Eric Stein and Albert Posillico moved to
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