Category: Brokerage
Outside the Region: Hunt Real Estate Capital refinances Houston multifamily: $28.3 million
June 4, 2019
Houston, TX Hunt Real Estate Capital provided a $28.3 million Freddie Mac loan to refinance a multifamily property. The loan is a seven-year, variable rate loan with three-years of
Outside the Region: NEI General Contracting starts four Fla. projects for The Millennia Cos.
June 4, 2019
Jacksonville, FL NEI General Contracting has started renovations to 768 apartments at four properties on behalf of The Millennia Cos. Renovations could include upgrades to the interiors, exteriors, community buildings and common areas.
Outside the Region: Gilbane Development Co. appoints Resetco as new senior development director
June 4, 2019
Arlington, VA Gilbane Development Co. has appointed Jeff Resetco as senior development director. Resetco will enhance Gilbane’s capacity to develop student housing from a national platform in targeted markets, both
Outside the Region: Wilshire Quinn provides $3.625 million rehab loan
June 4, 2019
San Diego, CA According to Wilshire Quinn Capital, Inc., its private lending fund, the Wilshire Quinn Income Fund, has provided a $3.625 million rehab loan.
Executive of the Month: With 20 years of experience, Barbara Kavovit, CEO of Evergreen is a construc...
June 4, 2019
New York, NY The New York Real Estate Journal recently sat down with Barbara Kavovit, CEO of Evergreen Construction for a question and answer session.
Outside the Region: Marcus & Millichap brokers sale of 29,600 s/f Princeton Plaza for $2.9 million
June 4, 2019
Lawrenceville, NJ Marcus & Millichap completed the sale of Princeton Plaza, a highway retail shopping center located on Brunswick Pike. The asset sold for $2.9 million. A team of retail specialists led by Shannon Bona, acquired the exclusive listing to
Outside the Region: Regenbogen of Arbor originates $3.2 million Fannie Mae Small Loan
June 4, 2019
Myrtle Beach, SC Arbor Realty Trust, Inc. funded a $3.2 loan through the Fannie Mae Small Loan program for The Avenue North – Myrtle Beach Portfolio. Eric Regenbogen of Arbor’s Uniondale, N.Y. office originated the loan.
Outside the Region: Tower 16 Capital Partners purchases The District at Grand Terrace for $63 millio...
June 4, 2019
Colton, CA Tower 16 Capital Partners has acquired The District at Grand Terrace, a 352-unit multifamily project at 1315 S Meadow Ln. for $63 million. The project was acquired on an off-market basis from FPA Multifamily. Tower 16 will be overseeing $4 million in renovations and upgrades.
BOMA Westchester honors George Comfort & Son, Inc. and New York Life Insurance Co.
June 4, 2019
Tarrytown, NY More than 150 members of Westchester’s commercial real estate industry were on hand May 9th for the 28th Annual Hall of Honor Awards Dinner of the Building Owners and Managers Association of Westchester
Darouvar and Oskar of Venture Capital Properties represent Rodney Capital in $2.815 million sale
May 31, 2019
Brooklyn, NY According to Venture Capital Properties, the firm has closed the sale of 121 3rd Pl., a four-story walk up multifamily…
Executive of the Month: Mancini, principal and head of asset management at Innovo Property Group
May 21, 2019
New York, NY Frank Mancini, principal and head of asset management at Innovo Property Group, oversees all aspects of the administrative, financial, leasing, capital and operations of the IPG portfolio. Mancini has a 30-year track record of success working on asset management and operations...
An attorney discusses retail leases: Avoiding renovation payment issues - by Berger
May 21, 2019
One of the biggest challenges in retail is getting a new store open on time, with the design you intended and with no mechanic’s liens. People lease retail space with great enthusiasm for the product they are going to sell, but often are not sufficiently organized to have the store ready...
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