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Perlman of Largo Capital completes refinance of three-property storage facility
December 10, 2024
Denver, CO Ned Perlman, vice president of originations at Largo Capital, Inc., has completed the successful refinancing of a three-property storage portfolio. Perlman secured a financing package
Meridian’s Doshi & Mehra break
record in sale of 356 West 48th Street
January 14, 2025
Manhattan, NY Meridian’s Amit Doshi and Shallini Mehra have successfully closed on the sale of 356 West 48th Street, a gut renovated boutique brownstone with 20 apartments. The 9,970 s/f property
Kay Properties founder Dwight Kay, publishes the
“1031 Exchange Times”, newspaper specifical...
December 12, 2024
Torrance, CA Dwight Kay, founder and CEO of Kay Properties & Investments, a national leader in Delaware Statutory Trust equity placements and 1031 exchange investor education, published its exclusive 1031 Exchange Times. The newspaper will provide relevant
Gibson Dunn adds real estate and data center lawyer Emily Naughton
December 10, 2024
Washington, D.C. According to Gibson Dunn, Emily Naughton has joined the firm’s Washington, D.C. office as a partner and member of the firm’s projects and infrastructure and real estate practice groups. Naughton will continue to focus
Time to Replace the Batteries: Addressing Climate in a Time of Change... By: John Parker, Partner, S...
December 10, 2024
Climate change is as local a problem as it is an international one. It will continue to reshape our businesses and our personal lives. Temperatures continue to climb, with 2024 being the hottest year on record. The costs associated with extreme weather
Vivian of Largo Capital secures $12 million debt refinancing
December 10, 2024
Tremonton, UT Katie Vivian of Largo Capital, Inc. secured a $12 million permanent first mortgage to refinance the existing debt on two limited-service hotels. The 82-key Holiday Inn Price and 67-key Hampton Inn Tremonton have both made a strong
Anchin holds 19th annual State of Construction Industry event
December 10, 2024
Manhattan, NY Leading accounting, tax and advisory firm, Anchin, held its 19th annual State of the Construction Industry event on Tuesday, November 19th at Club 101 on Park Avenue. The event was also sponsored by the New York Building Congress
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Merchants Capital secures $19+ million for conversion of Mall West End to mixed-use, affordable, wor...
December 10, 2024
Atlanta, GA According to leading financial services provider Merchants Capital, it secured $19.1 million for the acquisition of Mall West End Revitalization, a 12-acre historic site, that will be converted into a $450 million mixed-use development
New K-Beauty concept coming to Bergen Town Center
November 26, 2024
Paramus, NJ According to Urban Edge Properties (NYSE:UE), a new K-Beauty concept is coming to Bergen Town Center. K-Beauty Ave, the first K-Beauty specialty store, will launch a K-Beauty kiosk on December 19, 2024, focusing
Delisle and Monahan of Island Associates negotiate new lease with Aldi Supermarkets
November 26, 2024
Ocala, FL Roger Delisle & Robert Monahan of Island Associates successfully negotiated a new lease agreement with Aldi Supermarkets for space at Marion Oaks Plaza. Aldi recently purchased South East Grocers
Coscia of Largo Capital secures $1.5 million financing for retail property
November 26, 2024
Queens, NY Kevin Coscia of Largo Capital, Inc. secured financing for a 22,354 s/f neighborhood retail property. The five-year, fixed-rate loan will be amortized for 25 years. Proceeds from the loan will be used for tenant improvements in the lower unit
AmTrust Title integrates Qualia Atlas with Advanced Search and Production Software
December 10, 2024
Manhattan, NY AmTrust Title, a subsidiary of AmTrust Financial Services, Inc., successfully integrated Qualia Atlas with ASAP (AmTrust's Advanced Search and Production Software). These new integrations empower Qualia agents to underwrite policies seamlessly with AmTrust
Rochester Area Chapter NYSCAR awards notes
December 10, 2024
Rochester, NY Meritorious Service: Meritorious Service Award is given to an individual that has gone beyond the call of duty, serving the RAC NYSCAR and its members. I have had the good fortune of being on the board of directors of NYSCAR with this individual. He’s always willing to lend a helping hand.
December 2024 NYSCAR president’s message - by Robert Strell
December 10, 2024
The Education Committee is planning the course schedule for 2025. The required courses for licensing will be offered as well as pertinent commercial topics. As a member benefit, courses offered via Zoom will be offered free of charge for all NYSCAR members! It is imperative that you take the required courses (listed below) as part of
Broome County IDA launches community survey on Broome Tech. Park development
December 10, 2024
Binghamton, NY The Broome County Industrial Development Agency (IDA) launched an online community survey focused on the proposed Broome Technology Park spanning the towns of Union and Maine. This survey aims to gather community insights to help the IDA in presenting a project proposal that delivers maximum benefits
Phillips of Largo Real Estate Advisors secures $7 million permanent first mortgage
December 10, 2024
Horseheads, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc. secured a $7 million permanent first mortgage to refinance the existing debt on a portfolio of flex buildings. The buildings are located off I-86, near Elmira Corning Regional Airport.
Horvath & Tremblay sells Napa Auto
Parts and OTB for $1.1 million
December 10, 2024
Troy, NY Brian Ahrens, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a Napa Auto Parts and OTB (Off-Track Betting). Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1.1 million.
Grzebinski and Wagner of Gantry secure
$70 million in real estate financing
December 10, 2024
Buffalo, NY Gantry, one of the largest independent commercial mortgage banking firms in the U.S., has secured more than $70 million in recent commercial real estate financings through the firm’s Upstate New York production team. Transactions range across acquisition, construction, and refinancing loans for multifamily,
Sayage joins Forchelli Deegan Terrana LLP
December 10, 2024
Uniondale, NY Jad Sayage has joined Forchelli Deegan Terrana LLP’s real estate practice group as an associate. Before joining FDT, Sayage was the managing attorney at Sayage Law PLLC, where he concentrated exclusively on various complex real estate matters such as
Town of Brookhaven Industrial Development Agency closes on economic incentive package for affordable...
December 10, 2024
Medford, NY Frederick Braun, chairman of the Town of Brookhaven Industrial Development Agency (IDA), said that the IDA has closed on a package of economic development incentives for a proposed affordable rental apartment complex for adults 55-plus.