Category: Brokerage
Outside the Region: Townhouse Management Co. proposes 500-room convention center hotel
May 7, 2019
Memphis, TN Townhouse Management Co. (THM) has proposed plans to the city to develop a new 500+ room convention center hotel complex at an estimated cost of $230 million. The complex will also
Outside the Region: Gorjian Acquisitions buys SunTrust Building
May 7, 2019
Salisbury, NC Joel Gorjian, a national real estate investor and president and CEO of Gorjian Acquisitions, has purchased the SunTrust Building
Outside the Region: Eyzenberg & Co. arranges $35.4 million refinancing for Southeast multifamily por...
May 7, 2019
Covington, GA Eyzenberg & Co.’s Jeff Conti and Mila Babenko structured and arranged a $35.4 million fixed-rate loan
IDA of the Month: Westchester County IDA is a major driver behind residential building boom under wa...
May 7, 2019
White Plains, NY Westchester County is enjoying an unprecedented residential building boom that is changing the skyline of the county’s cities, towns and villages. One of the major drivers behind this economic development expansion is the Westchester Industrial Development Agency
Question of the Month: Can a zoning lot consisting of more than one tax lot include partial tax lots...
May 7, 2019
There was a recent Manhattan Supreme Court decision regarding the definition of a zoning lot. The matter involved three proceedings. First, an application was submitted to the Dept. of Buildings seeking permits to construct a 55-story residential building based on a zoning lot that included partial tax lots.
Executive of the Month: Jude Regev of Jointer.io and Element Zero is a self-taught, driven and pass...
May 7, 2019
New York, NY The New York Real Estate Journal recently sat down with Jude Regev, founder and CEO of Jointer.io and founder and chairman of Element Zero, for a question and answer session.
Malagisi and Hardisty of SVN collaborate in sale of 85,375 s/f self-storage facility for $7 million
May 7, 2019
Ballston Spa, NY Nick Malagisi, SIOR of Buffalo, and Hans Hardisty, CCIM of Poughkeepsie, advisors on the SVN National Self-Storage Realty Team, have sold an 85,375 s/f self-storage facility
Juniper Capital closes $14 million loan from Arbor Realty Trust for Orchard Estates; Vintage Managem...
May 7, 2019
Syracuse, NY Juniper Capital closed a $14 million loan from Arbor Realty Trust for Orchard Estates, a 300-unit garden style complex. Juniper’s Nate Lowy negotiated the deal.
Message from the CEO of Bronx-Manhattan North Association of Realtors: Fun, news, and sports
May 7, 2019
On April 18th, 2019, The Bronx Manhattan North Association of Realtors (BMNAR) hosted its 95th Annual Banquet at the fabulous Marina del Rey. This black-tie affair is a major networking event that attracts the Who’s Who in the real estate industry. An impressive group of industry business leaders and elected officials were
Outside the Region: HFF completes $111 million sale/financing of Liaison Washington Capitol Hill
May 7, 2019
Washington, DC Holliday Fenoglio Fowler, L.P. (HFF) has closed the $111 million sale of and arranged acquisition financing for Liaison Washington Capitol Hill, a 343-room hotel in
Royal Properties and American Investment Properties collaborate in $3.975 million sale
May 7, 2019
Seneca Falls, NY According to Royal Properties, Inc. and American Investment Properties, they have completed the $3.975 million sale of Liberty Center Plaza. The property sale price equates to $48.74 per s/f at a cap rate of 10.26%.
Aquino of JAACRES, with San Andres, lease 1,000 s/f to Charleston Shoe Co.; Schneidman and Klatsky o...
May 7, 2019
Manhattan, NY The Secret Broker Society president Joseph Aquino of JAACRES, with colleague Lynn San Andres have assisted Charleston Shoe Co. in its
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