Manhattan, NY Jafri Capital announced a strategic relationship with Prime Manhattan Development, together tackling development projects. PMD is led by Grant Shapolsky who comes from a family with 115 years of experience and has successfully developed
Joe Simone, president of Simone Development Companies, has been named Centennial Chair of the American Heart Association’s Heart of New York City, a year-round effort aimed at investing in and saving and improving lives in the five boroughs
Brookyln, NY According to Refined CRE, senior capital advisor, Peter Cohen, has secured construction financing of $4 million for a property. Demonstrating both efficiency and expertise, the entire transaction
As summer comes to a close and schools reopen, the back to school season provides some industries a welcome respite from the chaotic demands of the summer, and others a much needed boost after a slow set of months
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Denver, CO Capstone has closed the sale of 920 S Utica St, a 4-unit townhome style multifamily property for the sale price of $965,000. Christian Burgdorf and Sean Holamon of Capstone brokered the transaction.
East Rutherford, NJ As part of an internal restructuring, Lincoln Equities Group (LEG),said that longtime managing director Lance Bergstein would become its newest chief executive officer, replacing Joel Bergstein, who will assume the role
Chicago, IL The life sciences commercial real estate market has undergone a reset this year but is well positioned to be the comeback kid as capital sources grow more confident and green shoots emerge, according to JLL’s 2023 Life Sciences Industry
Manhattan, NYThe leading expert in Alzheimer’s and dementia,CaringKind, presented “Caring to Remember,”in honor of World Alzheimer’s Day on September 21, 2023. In a first of its kind event,
What recent project, transaction , or accomplishment are you most proud of? I worked on an attainable housing project which was memorable because the project contained both rental and homeownership elements and required the cooperation and creativity of several layers of government, a primary and a subordinate lender, the developer, the not-for-profit and the seller in order to close.
What recent project, transaction, or accomplishment are you most proud of? B+E has become the top car wash broker in the country over the last two years, completing sale leaseback transactions, helping buyers with properties that provide bonus depreciation and other tax benefits, and helping corporate owners with other types of sales and development.
What recent project, transaction, or accomplishment are you most proud of? I have worked on several exciting and significant projects recently and it would be too hard to choose just one. I am mostly proud of Evergreen’s accomplishment of playing such a large role in the world of real estate and being recognized by some of the largest landlords and corporations in NYC and continuing to be considered for major projects.
What recent project, transaction, or accomplishment are you most proud of? I have been deeply involved in every step of the acquisition of 150 duplexes in Fayetteville, Arkansas through a portfolio arrangement. As we work towards uplifting the community, we have successfully sold 27 duplexes, a single-family home, and a condominium, with three duplexes and another condominium under contract.
What recent project, transaction, or accomplishment are you most proud of? My proudest accomplishment this year was leading The National Academy of Design through a successful search and negotiation process, which resulted in the oldest artist-run organization in the country signing a new lease in the Chelsea Art District.
What recent project, transaction, or accomplishment are you most proud of? Earlier this year, we sold a commercial building on Church Ave. in Brooklyn, NY, which had a Burger King as a tenant. This was a challenging deal with rising interest rates leading to more expensive financing. Additionally, the tenants were also still recovering from COVID effects and were behind on rent.
What recent project, transaction, or accomplishment are you most proud of? My family has been in the business for over 30 years and actively lending. I was recently tasked with starting an additional company, branding it and marketing it to expand and take our lending business to a new level. It was difficult to create a new company while maintaining our credibility.
What recent project, transaction, or accomplishment are you most proud of? I am most proud of a recent property sale to Tim Hortons. The location, a former medical office, presented an opportunity for a new property-use that was needed. The property’s location made it viable as a QSR location and through my connections/resources I was able to secure Tim Hortons.
What recent project, transaction, or accomplishment are you most proud of? We all know the saying “time kills deals” and have felt the frustration of a good deal withering on the vine. Given the seemingly longer and longer deal cycles of the past couple years, I’m proud of a turn-key nail salon transaction where I secured above-asking rent and a signed lease less than 7 weeks from posting a “sneak peek” video.
What recent project, transaction, or accomplishment are you most proud of? I’m immensely proud of our groundbreaking partnership with Apple, HID, and SwiftConnect. We developed and launched the first Apple Wallet NFC mobile building access via our homegrown Inspire App. This innovation boosts tenant security and convenience.
What recent project, transaction, or accomplishment are you most proud of? As chief financial officer, my role is less singular transaction or project based but rather focused on the profitability, liquidity and overall financial health of the enterprise. Under my leadership, my team has implemented strong financial metrics and controls that have become even more important given the current market conditions and rising interest rates.