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BXP signs 246,000 s/f lease renewal with KnitWell Group at 7 Times Square
February 11, 2025
Manhattan, NY BXP, one of the largest publicly traded developers, owner, and manager of premier workplaces in the U.S., signed a 246,000 s/f long-term lease renewal and expansion with KnitWell Group at 7 Times Sq. The 20-year lease comprises the existing approximately 191,000 s/f premises plus two additional full floors totaling 55,000 s/f.
Soloviev Group and Kent Hospitality Group launch dining and hospitality offerings at 9 West 57th St....
February 11, 2025
Manhattan, NY Soloviev Group, a real estate development firm, began a new collaboration with Kent Hospitality Group (KHG) to enhance the suite of luxury amenities at its office property, 9 West 57th St. The new food and beverage amenities — available exclusively to tenants of the building and their guests —
Stellar Management completes
Astoria Pointe - 53,748 s/f office building
February 11, 2025
Queens, NY Stellar Management, a real estate developer, investor, and manager with over 35 years of experience, has completed Astoria Pointe, a nine-story, class A, 53,748 s/f, mixed-use office building located at 35-01 and 36th Ave. on the border of Long Island City and Astoria.
Horovitz named president of Brown Harris Stevens Residential Management
February 11, 2025
Manhattan, NY Brown Harris Stevens Residential Management (BHS Residential Management), LLC has named Richard Horovitz president of the company. In this role, Horovitz will oversee the BHS Residential Management, LLC company as well as an extensive portfolio of cooperatives and condominiums in some of Manhattan’s most desirable buildings.
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The Domain Companies closes $218.6m in
financing for Estela - 544 mixed-income units
February 11, 2025
Mott Haven, NY The Domain Companies has closed $218.6 million in financing for Estela, a two-building mixed-use development that has brought 544 mixed-income, homes and 10,000 s/f of ground-floor retail in the South Bronx. Freddie Mac’s Forward Commitment program provided long-term permanent financing through JLL Real Estate Capital.
Carr Properties forms joint venture and closes on construction financing of 425 Montgomery Street
January 28, 2025
Alexandria, VA According to Carr Properties (“Carr”), a leading owner, operator, and developer of premium quality office and residential properties, the Company closed on an equity joint venture with Barings to develop 425 Montgomery Street
ARD Capital Group closes a $6.7 million refinance for a 24-unit multifamily property
January 28, 2025
Brooklyn, NY ARD Capital Group, the boutique capital advisory and brokerage firm headed by Simon Dilmanian, closed a $6.7 million refinance for a 24-unit multifamily property in Bushwick
Blanton of Largo Capital completes a $14.5 million permanent first mortgage refinance
January 28, 2025
Riverview, FL Ben Blanton of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a 119-room Hilton Garden Inn. The 10-year, fixed-rate, non-recourse financing includes interest only payments for the life
Cleeman Realty Group announces the off-market sale of a Hy-Vee Supermarket
January 28, 2025
Fort Dodge, IA Cleeman Realty Group has completed the $4.25 milion off-market sale of a net leased Hy-Vee Supermarket located at 115 S 29th St. The asset is strategically positioned within Fort Dodge’s primary retail hub, offering
GirlGang announces the launch of a value-driven membership program & virtual community for its 2k+ m...
January 28, 2025
New York, NY GirlGang, a national, women-led and women-focused community of real estate professionals, hosted a launch party to announce the next chapter of the organization. GirlGang, which was founded in 2016
Meridian’s Doshi and Mehra sell a 168 unit apartment building in Jamaica Estates for $20.35 millio...
January 28, 2025
Queens, NY Amit Doshi and Shallini Mehra recently closed on their exclusive 183-11 Hillside Ave., also known as Park Towers East, situated in Jamaica Estates. Built in 1960’s, this twelve-story
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Perlman of Largo Real Estate secures $12.5 million refinance for permanent first mortgage
January 28, 2025
Buffalo, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc. secured a permanent first mortgage to refinance a +/-546,063 rs/f industrial property
Marcus & Millichap Capital Corporation arranges $89.6 million construction financing for two multifa...
January 28, 2025
Chanhassen, MN Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments
Eynon appointed senior managing director at CBRE
January 28, 2025
Manhattan, NY CBRE has appointed Stephen Eynon as senior managing director. In this role, Eynon will join the New York Tri-State leadership team to support the region’s office leasing business.
Perlman of Largo Real Estate closes $1 million construction loan
January 28, 2025
East Aurora, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc., has successfully closed a multifamily construction loan. The planned units will be within walking distance to grocery stores
Avatar provides $4.35 million for midscale hotel
January 28, 2025
Portland, TX Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has provided a $4.35-million loan on an IHG-branded property. The loan proceeds were used toward
Khan joins PACE Loan Group as vice president – capital markets
January 28, 2025
Manhattan, NY PACE Loan Group (PLG) continues to build its national platform with the addition of Eizaan Khan in the New York City office. Khan joins as vice president – capital markets, where he will focus on general capital markets strategies
Resource Realty of Northern New Jersey reports a strong 2024 finish with over $154.69 million in tra...
January 28, 2025
Parsippany, NJ Resource Realty of Northern New Jersey (RRNNJ) is reporting strong transaction results for 2024, completing 75 leases and 10 sales totaling over $154.69 million in commercial real estate transactions across New Jersey and Southern New York
Time Equities Inc. expands industrial portfolio with $6.525 million acquisition
January 28, 2025
Louisville, KY Time Equities, Inc. (TEI), a full-service real estate firm with headquarters in New York City, has acquired 1419 Dixie Highway and 1735 W. Burnett Avenue, a two-building industrial portfolio for
CREW New York hosts annual holiday party and 2024 award celebration
January 28, 2025
Manhattan, NY CREW New York hosted their annual holiday party at The Lotos Club. The evening featured a celebration of CREW New York’s 2024 Member Recognition awards and the naming of this year’s Past Presidents’ Scholarship