News:
Brokerage
Posted: January 11, 2010
Ranieri and Farrell of NorthMarq arranges $35.11 million for six properties
Robert Ranieri, senior VP and managing director of NorthMarq Capital's Capital Services Group East, and David Farrell, senior VP and managing director of NorthMarq Capital's Kansas City regional office, arranged combined first mortgage financing in the amount of $35.11 million for an apartment portfolio consisting of six multifamily properties.
The size of the loans range from $4.1 million to $9.106 million and are based on a 10-year term with a 30-year amortization schedule and were arranged for the borrowers, Dermot Wichita East, LLC and Dermot Wichita West, LLC by NorthMarq through its seller-servicer relationship with Freddie Mac.
Tags:
Brokerage
MORE FROM Brokerage
Delisle and Monahan of Island Associates lease 45,000 s/f to Giunta’s Meat Farms at Strathmore Commons
Middle Island, NY Roger Delisle and Robert Monahan of Island Associates negotiated the lease for the Giunta’s Meat Farms to occupy 45,000 s/f at Strathmore Commons.
.jpg)
Quick Hits
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
.gif)