Meridian Capital Group arranges $165 million financing

Meridian Capital Group, LLC negotiated $165 million of first mortgage and mezzanine financing for the purchase of an office property located at 1412 Broadway. The five-year balance sheet financing, which features a competitive floating rate, was negotiated by Meridian Capital Group senior vice president, David Hayum, and vice president, Tal Savariego, who are both based in the company's New York City headquarters. The 24-story office property was recently renovated from 2008 to 2012 and totals 378,000 s/f of office space and 22,500 s/f of retail space.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

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Legion Investment Group and Nahla Capital’s 1122 Madison Avenue inks $21.175 million contract

Columns and Thought Leadership

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.