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Grow your CRE network, close more deals: Three must-try marketing tips for 2025 - by Kimberly Zar Bl...
December 10, 2024
As we move into 2025, networking in commercial real estate (CRE) looks a lot different than it did a few years ago. Digital platforms and new marketing trends make it easier — and more necessary — to connect strategically. Here are three actionable tips to help you expand your network and stand out.
Blackstone acquires retail portfolio in Soho
December 10, 2024
Manhattan, NY Fried Frank advised Blackstone on its acquisition of a four-property retail portfolio in Soho from ASB Real Estate Investments for $197.5 million. The acquisition includes 131,257 s/f across four properties: 61 Crosby St., 72-76 Greene St., 415 West Bdwy. and 465 Bdwy. The transaction marks the biggest
Ferrara and Kinney Leonhardt of Brax
Realty sell $8.4 million development site
December 10, 2024
Long Island City, NY Brax Realty brokered the sale of a development site at 10-37 and 10-45 49th Ave. for $8.4 million. The transaction was brokered by Michael Ferrara and Cole Kinney Leonhardt. The property, a 12,000 s/f lot with two vacant commercial buildings
Marks, Lebor, and Manasia of TerraCRG sell
four properties totaling 21,120 s/f for $22 million
December 10, 2024
Williamsburg, NY TerraCRG has negotiated the $22 million sale of four properties located at 536, 546, 554, and 558 Metropolitan Ave. The transaction was exclusively brokered by TerraCRG’s Dan Marks, Daniel Lebor, and Andrew Manasia. Ribiero Associates was the seller.
Atlantic Retail and Atlantic Capital Partners complete over $155 million in Macy’s portfolio sales...
November 26, 2024
Boston, MA On November 26th Macy’s completed the sale of its Gwinnett Place Mall and Gwinnett Furniture locations in Duluth, GA for a total of $16.5 million. This marks Atlantic Retail’s twelfth and thirteenth
Perlman of Largo Real Estate secures $8.8 million refinancing of office and multifamily portfolio
November 26, 2024
Buffalo, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc. successfully refinanced an office & multifamily portfolio. The loan is secured by three residential properties featuring a total
Orange Bank & Trust Company to expand footprint in the Bronx in 2025
November 26, 2024
Middletown, NY According to Orange Bank & Trust Company, an economic engine of New York’s Hudson Valley for more than 132 years, they will expand its reach in the Bronx in 2025 with a new full-service branch at 3485 E. Tremont Ave
Shawmut Design and Construction builds out Large Project Division in New York Metro Region
November 26, 2024
Shawmut Design and Construction, a leading $2 billion national construction management firm, has expanded its Large Project Division in the New York Metro region, adding key hires who bring decades of experience in commercial, healthcare, and large vertical projects
Coscia of Largo Capital secures $24 million in financing for two Marriott-branded hotels
November 26, 2024
Ocala, FL Kevin Coscia of Largo Capital, Inc. has secured financing for a portfolio of two Marriott-branded hotels totaling 256 rooms. This portfolio includes a 169-key Courtyard by Marriott and an 87-key Residence Inn by Marriott
Phillips of Largo Real Estate secures refinancing on flex buildings
November 26, 2024
Horseheads, NY Jack Phillips, Principal at Largo Real Estate Advisors, Inc. secured a permanent first mortgage to refinance the existing debt on a portfolio of flex buildings. The buildings are strategically located off Interstate
Sayage joins Forchelli Deegan Terrana LLP as a real estate associate
November 26, 2024
Uniondale, NY Forchelli Deegan Terrana LLP welcomes Jad Sayage to the firm’s Real Estate practice group as an associate. Before joining FDT, Sayage was the Managing Attorney at Sayage Law PLLC, where he concentrated
Benz passes the National Association of State Boards of Geology FG exam
November 26, 2024
Kylie Benz, Field Hydrogeologist, continues her path towards becoming a licensed professional geologist with her passing the Association of State Boards of Geology Fundamentals of Geologist (FG) exam. This standardized test evaluates foundational
Phillips of Largo Real Estate secures $2 million permanent first mortgage
November 26, 2024
Buffalo, NY Jack Phillips, Principal at Largo Real Estate Advisors, Inc. secured a permanent first mortgage on an unencumbered industrial property. The property is located near Interstate 90 and features dock doors and warehouse space
2024 Ones to Watch - Innovators in CRE: Joe Yacobellis, Mojo Stumer Associates
November 26, 2024
For nearly two decades, Joe Yacobellis has played a crucial role at Mojo Stumer Associates, leading the team in pushing architecture to the forefront of successful innovations in commercial real estate. As director of design, he manages a team of 20, overseeing all
2024 Ones to Watch - Innovators in CRE: Jean Manning Perez, RM Friedland
November 26, 2024
Jean Manning Perez has been with the company for 40 years, spending the last 25 as director of operations. Perez manages a team of five and directly support 25 brokers, working to ensure seamless operations across our projects. She handles all CFO responsibilities,
2024 Ones to Watch - Innovators in CRE: Sammy Chu, Edgewise Energy + Community Power Long Island
November 26, 2024
Sammy Chu is the founder and CEO of Edgewise Energy (established in 2019) and Community Power Long Island (founded in 2021), leading both in the development of clean energy solutions like Battery Energy Storage Systems (BESS) and Community Fuel Cell Farms. He oversees
2024 Ones to Watch - Innovators in CRE: Deborah Smith, The CenterCap Group
November 26, 2024
Deborah Smith co-founded The CenterCap Group in 2009 and has served as CEO since its establishment. Leading a growing team of 14, Smith is focused on the firm’s strategic growth across all business lines and covers the consulting practice, frequently operating as team leader on assignments.
2024 Ones to Watch - Innovators in CRE: Greg Sousa, Orange Bank & Trust Company
November 26, 2024
Greg Sousa joined Orange Bank & Trust in 2015 as vice president and senior relationship manager developing deposit and lending businesses as the bank built out its Rockland and Westchester markets. In 2017, he was promoted to first vice president and given the
2024 Ones to Watch - Innovators in CRE: Gary Kao, Dealpath
November 26, 2024
Gary Kao joined Dealpath in 2014 as a member of the company’s founding team and has since been instrumental to its consistent growth over the past decade. After spending four years building out Dealpath’s customer success operations in San Francisco, Kao
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