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ERG Commercial Real Estate closes on 16-unit multifamily

ERG Commercial Real Estate closes on 16-unit multifamily

October 31, 2023
Yonkers, NY ERG Commercial Real Estate has brokered the sale of a 16-unit multifamily building for $2.3 million. The four-story fully rent stabilized building at 15 Locust Hill Ave., is 12,544 s/f. It was built in 1927.
Tarter Krinsky & Drogin expands real estate capabilities with partner Goodman

Tarter Krinsky & Drogin expands real estate capabilities with partner Goodman

October 31, 2023
Manhattan, NY Tarter Krinsky & Drogin expanded its real estate and commercial leasing capabilities with the addition of partner Edward Goodman in its real estate practice. Goodman has skill and experience in the negotiation of commercial office leases.
WX hosts woman of the year gala honoring Nelson

WX hosts woman of the year gala honoring Nelson

October 31, 2023
Manhattan, NY WX New York Women Executives in Real Estate (WX) hosted its annual 2023 Woman of the Year Gala at The Plaza. The sold-out gala honored Yvonne Nelson, former head of real estate, office of the New York City Comptroller, Bureau of Asset Management,
Soloviev Group and Mohegan start Freedom Plaza Community Reinvestment Fund

Soloviev Group and Mohegan start Freedom Plaza Community Reinvestment Fund

October 31, 2023
Manhattan, NY Soloviev Group and Mohegan have launced the Freedom Plaza Community Reinvestment Fund, an autonomous community-based initiative that will provide financial resources to Community District 6 Area.
Stone of GFP Real Estate renews CS Global office lease for 6,529 s/f at 100 Crosby St.

Stone of GFP Real Estate renews CS Global office lease for 6,529 s/f at 100 Crosby St.

October 31, 2023
Manhattan, NY GFP Real Estate, LLC said that CS Global, an international experiential creative agency, has signed a five-year lease renewal for its existing 6,529 s/f on the 5th and 6th floors of 100 Crosby St. in SoHo.
Cullen promoted, Bonomo joins M&T Realty Capital

Cullen promoted, Bonomo joins M&T Realty Capital

October 31, 2023
Manhattan, NY M&T Realty Capital Corp., (M&T RCC), has appointed Sean Cullen as affordable housing platform manager and David Bonomo as managing director, multifamily originations in the New Jersey, and New York City offices.
Brit Properties acquires trio of North Side industrial assets along Chicago River

Brit Properties acquires trio of North Side industrial assets along Chicago River

October 31, 2023
Chicago, IL Brit Properties completed the acquisition of Belmont Properties, a three-building industrial asset totaling 82,000 s/f on the city’s north side. The five-acre site was acquired for $13 million from an unnamed family that’s owned it
Aircuity introduces adaptive airflow application for cleanrooms

Aircuity introduces adaptive airflow application for cleanrooms

October 17, 2023
Norwood, MA Aircuity, the global leader in creating healthy and sustainable buildings announced the launch of its cleanroom application that delivers adaptive airflow for cleanrooms allowing for carbon reduction,
M&T Realty Capital Corp. appoints Cullen as affordable housing platform manager and names Bonomo as managing director

M&T Realty Capital Corp. appoints Cullen as affordable housing platform manager and names Bonomo as ...

October 17, 2023
Manhattan, NY M&T Realty Capital Corporation (M&T RCC) has appointed Sean Cullen as affordable housing platform manager. Cullen will be responsible for overseeing affordable housing production, managing M&T RCC's relationship with numerous capital
The Oak & Avery Group complete four sales totaling $19.562 million

The Oak & Avery Group complete four sales totaling $19.562 million

October 17, 2023
Hudson, NY The Oak & Avery Group negotiated the sale of four New York transactions totaling $19.562 million. 540 Joslen Blvd., Hudson, a 96-unit multifamily property purchased by a NYC-based firm, Hudson Communities
Highcap Group arranges the joint venture partnership sale of 94 Dune Rd.

Highcap Group arranges the joint venture partnership sale of 94 Dune Rd.

October 17, 2023
East Quogue, NY According to sources linked to ownership, George Valliades, company director of Highcap Group, has arranged the joint venture partnership sale of 94 Dune Rd., for an undisclosed sum and partnership interest. The property is located in the South Hampton
Polsinelli and Cardillo of Compass have completed the sale of an iconic industrial property for a record price of $18 million

Polsinelli and Cardillo of Compass have completed the sale of an iconic industrial property for a re...

October 17, 2023
Queens, NY In an historic transaction that marks the end of a 50-year era, Adelaide Polsinelli, vice chairman of Compass, a pioneering real estate technology platform, in collaboration with Michael Cardillo, also of Compass, has completed the sale of an iconic
Biddle Real Estate Ventures and PCD Development's The Daymark has 25% of residences under contract

Biddle Real Estate Ventures and PCD Development's The Daymark has 25% of residences under contract

October 17, 2023
Sleepy Hollow, NY In just over two months since sales launched for The Daymark along the banks of the Hudson River, more than 25% of the residential property’s 100 new-construction condominium residences are under contract, according
Faropoint acquires two industrial parks in northern New Jersey for $144.5 million

Faropoint acquires two industrial parks in northern New Jersey for $144.5 million

October 17, 2023
Hoboken, NJ Faropoint has acquired industrial parks in Allendale and Mahwah totaling 770,064 s/f. The industrial centers, located in the North Bergen County submarket, were acquired for a combined $144.5 million.
Cronheim arranges $124 million for 458-unit residential tower in Jersey City

Cronheim arranges $124 million for 458-unit residential tower in Jersey City

October 17, 2023
Jersey City, NJ Cronheim Mortgage secured $124.1 million in financing for the Grove Pointe Apartments, a 458-unit residential tower located at 100 Christopher Columbus Dr. Andrew Stewart, Dev Morris, and Allison Villamagna secured the financing on behalf of
Reynolds Asset Management adds 500 units to portfolio with Louisiana acquisitions

Reynolds Asset Management adds 500 units to portfolio with Louisiana acquisitions

October 17, 2023
Bossier City, LA Reynolds Asset Management (Reynolds) has expanded into Louisiana with the purchase of two multifamily assets in the Shreveport MSA. Working with multiple partners including Devli Real Estate, iintoo, and Newport Capital Group, Reynolds
Cleeman Realty Group facilitates off-market sale of Hy-Vee Supermarket

Cleeman Realty Group facilitates off-market sale of Hy-Vee Supermarket

October 17, 2023
Fairmont, MN Cleeman Realty Group negotiated the $5.125 million off-market sale of a NNN Hy-Vee. The 54,740 s/f grocery store is located at 907 S. State St. on a 5.27-acre lot. Hy-Vee has been at this location since 1991 and added a gas station
Lamda Development launches sales at Little Athens

Lamda Development launches sales at Little Athens

October 17, 2023
Athens, Greece LAMDA Development has made available Little Athens, the latest residential neighborhood of The Ellinikon, Europe’s largest urban regeneration project and a smart city being built from the ground up.
Ensemble/Mosaic obtains investment for Philadelphia Navy Yard project from Basis Investment Group

Ensemble/Mosaic obtains investment for Philadelphia Navy Yard project from Basis Investment Group

October 17, 2023
Philadelphia, PA Ensemble Investments (Ensemble) and Mosaic Development Partners (Mosaic), in partnership with Korman Communities (Korman), have secured and completed debt and equity financing for the first residential project at the Navy Yard.
CrownPoint Group acquires 14.5-acre development site - plan 125-unit apartments and townhomes

CrownPoint Group acquires 14.5-acre development site - plan 125-unit apartments and townhomes

October 17, 2023
Randolph, NJ CrownPoint Group Inc. (CrownPoint) has acquired a +14.5-acre development site for an undisclosed price that is fully approved for multifamily development in the Morris County township. Located at the intersection of West Hanover Ave.