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Gilston Electric finishes renovation / fit-out of Casa Tua and Surrey Hotel
January 28, 2025
Manhattan, NY Gilston Electric has completed a full renovation and fit-out of the Casa Tua restaurant and historic Surrey Hotel. Located on the Upper East Side, the renovation is part of the hotel’s new hybrid model which combines traditional hotel rooms with long-term residences.
Outsource Consultants becomes SCA certified MBE
January 28, 2025
Manhattan, NY Outsource Consultants, Inc., expediting, building code, and zoning experts in New York City for 30 years, has a new MBE certification from the New York City School Construction Authority (NYC SCA). The certification will be the fourth addition to Outsource’s current collection of MBEs from accredited institutions
LCOR commences construction on 386-unit mixed-use project
January 28, 2025
Hoboken, NJ LCOR celebrated the start of construction on the residential component of Hoboken Connect, a transformative project along the Hudson Waterfront, and centered at NJ TRANSIT’s Hoboken Terminal. Newly named Charlie, the 27-story, mixed-use residential building will feature 386 units,
AIA New York welcomes 2025 board of directors
January 28, 2025
Manhattan, NY On December 18, 2024, AIA New York welcomed its 2025 board of directors at the annual board inaugural. Executive director Jesse Lazar, assoc. AIA, and 2024 president Gregory Switzer, AIA, NOMA, NCARB, began the evening by reflecting on and celebrating this year’s achievements.
Smilowitz of Thornton Tomasetti receives ASCE Ernest E. Howard award
January 28, 2025
Manhattan, NY Thornton Tomasetti senior principal Robert Smilowitz is the latest recipient of the American Society of Civil Engineers’ (ASCE) Ernest E. Howard Award. The award recognizes an ASCE member for their contributions in advancing the field of structural engineering.
Crystal Window & Door appoints Christie as new chief financial officer
January 28, 2025
Queens, NY National manufacturer Crystal Window & Door Systems welcomes John Christie to its leadership team as the new chief financial officer. He joins Crystal chairman and founder Thomas Chen, CEO Jeffrey Smith, and president Steve Chen to guide the company in its future growth and expansion.
Douglaston Development and Levine Builders begin work on 277-unit housing development
January 28, 2025
Bronx, NY Douglaston Development and its general contracting and construction management affiliate, Levine Builders, commenced construction on 2868 Webster Ave., a 12-story, 277-unit affordable multifamily housing development
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TONAB Architecture completes 188,000 s/f
renovation of Building 111 at JFK Airport
January 28, 2025
Queens, NY TONAB Architecture, PLLC, has completed a major renovation project as design architect of record for an integral portion of the transformative John F. Kennedy International Airport redevelopment program to build a new JFK into a world-class gateway.
InspireDesign Creative Studio partners with MarkMaster Inc. to supply design solutions for commercia...
January 14, 2025
Garden City, NY According to Inspire Design Creative Studio, a full-service artwork, design consulting and management firm, it has partnered with MarkMaster Inc., a premier manufacturer of custom and stock identity solutions located
Avatar provides $6.5 million for Oregon service station
January 14, 2025
Talent, OR Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has closed on a $6.5-million bridge loan secured by a Union 76 Travel Stop
BKM Capital Partners & Stepstone Real Estate complete recapitalization of 748,756 s/f multi-tenant i...
January 14, 2025
Henderson, NV BKM Capital Partners (BKM), a leading real estate investment firm specializing in light industrial and logistics properties, completed the successful $154 million recapitalization of Pacific Business Center
Marcus & Millichap’s IPA Capital Markets facilitates $165.9 million multifamily financing
January 14, 2025
Alexandria, VA IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI) specializing in capital markets services for major private and institutional clients, has successfully arranged $165.9 million in financing on
Tower Capital arranges $100 million in construction financing for two Sunbelt BTR developments
January 14, 2025
Scottsdale, AZ Tower Capital arranged nearly $100 million in construction financing for the development of two Build-to-Rent (BTR) communities in Phoenix, AZ and Dallas, TX. Tower Capital’s Kyle McDonough, managing partner and co-founder
Cronheim secures financing for 220,000 s/f chocolate manufacturing facility
January 14, 2025
North Canton, OH Cronheim Mortgage has arranged $5 million in leasehold financing for a single-tenant industrial facility. Allison Villamagna, Dev Morris, and Andrew Stewart placed the financing with one of Cronheim’s long-standing
NewPoint provides $17.75 million bridge loan for multifamily acquisition
January 14, 2025
Somerset, NJ NewPoint Real Estate Capital’s has completed a $17.75 million bridge-to-HUD loan for Brentwood Park, a 77-unit multifamily property. This deal showcases NewPoint’s ability to deliver fast, tailored financing
Cronheim Hotel Capital secures $18.2 million for the Aloft Hotel
January 14, 2025
Newport, KY Cronheim Hotel Capital (CHC) has secured $18.2M for the acquisition of the Aloft Hotel, directly across the Ohio River from downtown Cincinnati. The financing was originated with a regional bank and provided attractive
Avatar Financial Group LLC provides $56-million loan for redevelopment project
January 14, 2025
Boulder, CO Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has provided a $56-million loan that will help to bring Williams Village, one of the largest
BKM Capital Partners acquires West Belt Business Park for $34.1 million
January 14, 2025
Houston, TX BKM Capital Partners (BKM), a vertically integrated institutional fund manager specializing in value-add light industrial properties, has acquired the West Belt Business Park for $34.1 million. The 260,887
Rockaway Holding Group signs 124,556 s/f lease to open major donut manufacturing facility
January 14, 2025
Rockaway, NJ According to Savills, Rockaway Holding Group, LLC has signed a 15-year lease for 124,556 s/f at 25 Green Pn. The facility will become one of largest donut manufacturing facilities in North America
Tri State Commercial Realty reps. Milk & Honey in 3,500 s/f lease at 1515 Surf Ave.
January 28, 2025
Brooklyn, NY According to LCOR, Milk & Honey will open its third location at its newly completed 1515 Surf Ave. This flagship residential destination, which features 463 residences on the Coney Island waterfront, will host Milk & Honey in a 3,500 s/f
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