Uniondale, NY Andrea Tsoukalas Curto, a land use & zoning partner at Forchelli Deegan Terrana LLP, was appointed an affiliate board member of the Commercial Industrial Brokers Society of Long Island (“CIBS”) and Co-Chair
Fairport, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc. secured a permanent first mortgage to finance the acquisition of a nearly 60,000 s/f, three-building mixed use retail/office property
Bronx, NY According to Simone Development Companies, a leader in the development of state-of-the-art healthcare, mixed-use, office, industrial, retail and residential properties in the tri-state region, its total leasing activity
The United States is in the midst of a housing crisis. Since the early 1900s, homeownership has been a key component of the American dream. A home was more than just real estate; it signified an investment in one’s family, community, and country
Dallas, TX A 226-unit apartment complex located at 660 Yorktown Street has sold. The seller, Nuveen Real Estate, has sold the 2016-built, Class A property to ShainRealty Capital, a Los Angeles privately-owned real estate investment firm
The Rochester Area Chapter of the New York State Commercial Association of REALTORS® (RAC NYSCAR) announced two new Board Directors for 2025: Andrew Gearhart of CBRE Upstate NY and Colleen Wightman of Realty ONE Group Spark
Studies show that Americans move on average 11 or more times during their lives. These transitions come with both excitement and emotional concerns. According to studies cited in his new book, Nobody Move! (Without Reading This), author Robert Esposito points out that moving is one of life’s greatest stressors. He also notes that 7.8% of the US population, or approximately 25 million people, moved in 2023.
Manhattan, NY The Property Network (LPN) has formed an international partnership with Jafri Journal, renowned for their New York-based property networking events. This collaboration highlights London’s global significance as a thriving
Manhattan, NY Society for Marketing Professional Services New York Chapter (SMPS-NY) has named its board of directors for the 2025 term. This dedicated team aims to advance marketing and business development in the AEC industry.
While the past few years have seen difficult tidings for the New York real estate market, 2024 ended on a strong note. In New York, optimism is high that 2025 will be a year of growth as mortgages mature and as we see rate cuts from the Federal Reserve. This optimism has held true for all of the U.S., as CBRE is projecting an increase in commercial real estate volume in 2025 nationwide.
Odessa, FL Kurt DeVries, managing director at Largo Capital, Inc., has secured $3.7 million permanent first mortgage on a retail property. The property features three high-profile tenants, McDonald’s, Starbucks and Chili’s,
New York, NY Kevin Ross, managing director of Largo Capital, Inc., secured $12 million permanent first mortgage to finance a three-property U.S. grocery portfolio consisting of two Shaw’s and one Winn-Dixie. The properties, offering a total of 150,719 s/f of retail space,
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? My most significant professional achievement in 2024 was leading the launch of an innovative line of biodegradable floor cleaning products, complemented by on-site disinfectant production and strategic partnerships with software companies.
What noteworthy transactions or deals from this year best exemplified key market trends or shifts? In 2024, we completed multiple IT office projects for our clients which showed continued interest in hybrid work. Expansion into larger office and industrial spaces, throughout the NY Metro area, show promising economic growth and expansion of NY-based companies.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? Our greatest professional accomplishments in 2024 were launching two innovative offerings at ONE18MEDIA to better support our clients and deepen our partnerships.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024? My most notable accomplishment this year was securing the insurance for a hotel that is converting from an office building to a hotel. This was a complicated deal because this is one of the first to be approved under the new NY rules.
What emerging trends will drive investment and development in 2025? Personally I think 2025 is going to bring many positive trends in multiple directions. I think we’re going to see an increase in real estate projects across the world. The trends we see are now talking about the replacement of the word, location, location, location
What emerging trends will drive investment and development in 2025? Every employer in every industry is feeling the stress of qualified workforce shortages. As we enter 2025 we are seeing our clients, from landlords to tenants, invest in their properties through revitalized designs and facility updates