News: Brokerage

ReCap secures 100% construction financing for developer: $5 million

Real Estate Capital of America (ReCap) recently secured a $5 million construction loan for a strip mall project. The development, which had been on hold for about six years due to a lack in funding, was a difficult process. The boutique mortgage firm's expertise in creative financial solutions helped the client acquire the financial resources for the project. The new shopping center will be one of the largest developments in Staten Island. It will consist of a Wendy's and several other retail stores. "Other commercial lenders looked at this deal and passed on it," said Johnny Su, COO of ReCap. "The client came to us expecting nothing short of a hard-money loan due to past negative experiences, but we completely restructured the deal," said CEO of ReCap, Tomer Dicturel, "making another 'impossible' loan possible." ReCap has helped other businesses find financing with constraints such as with a short time frame, credit issues, or high leverage transactions. "We specialize in challenges of the difficult loans because that's how we distinguish ourselves and our expertise," said Dicturel. ReCap is a prominent finance boutique assembled by distinguished experts. The professionals at ReCap assist their customers throughout the entire loan process. Their commitment to service and excellence keep customers satisfied and referring ReCap services to their colleagues. "We work hard to provide the best financing in complicated deals," said Dicturel, "We succeed where others fail."
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

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
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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