News:
Brokerage
Posted: April 8, 2013
Ranieri of NorthMarq Capital arranges $5.787 million in financing; 141-unit one Franklin Square Apartments at 460 North Franklin Street
Robert Ranieri, senior vice president and managing director of NorthMarq's Greater Westchester NY/CT regional office, arranged first mortgage refinancing of $5.787 million for One Franklin Sq. Apartments, a 141-unit market-rate multifamily property located at 460 North Franklin St. Financing was based on a 10-year term with two years interest only, then a 30-year amortization schedule and was arranged for the borrower, 460 North Franklin Street Associates, LLC, by NorthMarq through its seller-servicer relationship with Freddie Mac.
Tags:
Brokerage
MORE FROM Brokerage
Koeppel Rosen inks 16-year 33,783 s/f lease for coworking firm Nomadworks at 122 West 27th St.
Manhattan, NY According to Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, Nomadworks has signed a new 16-year, two-month lease totaling 33,783 s/f at 122 West
Quick Hits
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
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.
.gif)