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Feintuch of Refined arranged $3.9+ million closing for the acquisition of an owner-occupied office b...
April 25, 2023
Fort Lauderdale, FL Refined is pleased to announce Alec Feintuch recently arranged the successful closing of a $3.9792 million commercial mortgage for the acquisition of an owner-occupied office building. The mortgage was secured at an interest rate in the 6% range with a 25-year amortization
Varbero and Casagrande join Forchelli Deegan Terrana LLP as partners and form new practice group
April 25, 2023
Consistent with Forchelli Deegan Terrana LLP’s (“FDT”) strategic growth initiatives, the firm announced that Anthony Varbero, Esq., and David Casagrande, Esq., have joined FDT as partners in the newly-formed Securities Litigation & Regulation practice group. Varbero and Casagrande co-chair
Faropoint acquires two last mile industrial buildings totaling 113,979 s/f for $28.3 million
April 25, 2023
Hoboken, NJ Faropoint, a leading real estate investment firm focused on last-mile industrial properties in high population growth markets, has completed the acquisition of two Class B industrial properties totaling 113,979 s/f for $28.3 million. The buildings are located in the Ridgefield submarket in the Meadowlands, and are occupied by Biazzo
JLL arranges $290 million refinancing for Whole Foods- and Target-anchored retail center
April 25, 2023
Paramus, NJ JLL’s Capital Markets has arranged $290 million in refinancing for Bergen Town Center, a one-million s/f shopping center anchored by Whole Foods and Target. JLL exclusively represented the borrower, Urban Edge Properties, to secure the loan through New York Life
Cronheim secures $17.6 million pre-stabilized permanent financing for 92 units in FL
April 25, 2023
Cronheim Mortgage has secured permanent financing for two newly-developed luxury multifamily communities in Florida: Aviara Green and the Aviara Lake Worth. Andrew Stewart, Allison Villamagna, and Dev Morris secured the financing on behalf of subsidiaries of MAG Real Estate & Development, a full-service development
Urban Edge Properties signs UFC FIT Club to 16,000+ s/f lease at The Plaza at Woodbridge
April 25, 2023
Woodbridge, NJ Urban Edge Properties (NYSE:UE) announced that a first-to-market fitness experience, UFC Fitness, is coming to The Plaza at Woodbridge. This new 16,810 s/f gym will be a UFC FIT Club, designed to showcase the best of what UFC Gym has to offer in terms of facilities
New York City Fire Museum hosts 3rd annual golf outing fundraiser on June 22nd
April 25, 2023
On June 22nd, the New York City Fire Museum will host its 3rd annual Golf Outing at Muttontown Club in East Norwich, Long Island to raise funds to support the Museum’s mission to preserve, educate, and celebrate the history and modern-day heroism of the FDNY
Metropolitan Realty Associates LLC leases 70,000 s/f at HUB LIC
April 25, 2023
Long Island City, NY Joseph Farkas, CEO & Founder of Metropolitan Realty Associates LLC (MRA), announces five transactions totaling over 70,000 s/f of new, expansion and renewal leases have been executed at HUB LIC, 47-25 34th St. HUB LIC is a four-story, 346,000 s/f flex industrial building
Dyer LaRoche joins Loeb & Loeb as partner in real estate department
April 25, 2023
Manhattan, NY Loeb & Loeb welcomed Chrystal Dyer LaRoche as a partner in the real estate department. LaRoche works with real estate investment firms as well as Fortune 500 and midmarket companies on matters ranging from complex leasing transactions and the purchase and sale
Gurevich of GFP Real Estate leases 4,869 s/f to Seiden Law at 322 Eighth Ave.
April 25, 2023
Manhattan, NY According to GFP Real Estate, LLC , Seiden Law LLP has signed a new seven-year lease for 4,869 s/f on the 12th floor of 322 Eighth Ave. Allen Gurevich of GFP Real Estate represented the landlord, GFP Real Estate, and the tenant, Seiden Law LLP
Lee & Associates NYC represents landlord in lease with The Sleeping Cat for its first NYC location
April 25, 2023
New York, NY Lee & Associates NYC represented the landlord, Kensington House NY LLC in a new 12-year lease with The Sleeping Cat for its first New York City location at 160 Seventh Ave. in Chelsea. The lease consists of 1,500 s/f
FreezPak Logistics, BG Capital partnership set to develop 30-acre parcel outside Houston, TX
April 25, 2023
Houston, TX The newly created strategic partnership between Philadelphia-based BG Capital and NJ-based FreezPak Logistics announce the acquisition and planned development of their second new construction cold-storage facility as part of their effort to build a network of cold storage distribution
Rosewood Realty Group sells Memphis 802-unit portfolio for $33.1 million
April 25, 2023
Memphis, TN Rosewood Realty Group, a new York-based investment sales firm, has delivered the $33.1 million sale of a three property portfolio with 802 units.
Shitrit of Refined arranges $812,500 in financing for multifamily property
April 25, 2023
Houston, TX According to Refined, Ariel Shitrit has recently arranged $812,500 in permanent financing for a multifamily property.
Kalikow Group continues Southeast expansion in North Carolina
April 25, 2023
Charlotte, NC The Kalikow Group, a fourth-generation, New York development and management firm based in Westbury, NY is marking milestones on each of its three new residential projects based in North Carolina:
Day Pitney names new co-chairs of real estate and environmental practice
April 25, 2023
Manhattan, NY Day Pitney LLP named partners Katharine Coffey and Craig Gianetti co-chairs of its real estate and environmental practice. Both are based in the New Jersey office of the East Coast law firm that has offices from Boston to Miami.
Hach of Refined arranges $4.9 million mortgage for construction of spec house
April 25, 2023
Pinecrest, FL According to Refined, Joe Hach has arranged a $4,994,865 mortgage for the construction of a spec house. The proceeds covered 80% loan-to-purchase-price and 85% of hard and soft construction costs. The deal featured a competitive interest
Verada leases 5,900 s/f retail space for Rock Spot Climbing
April 25, 2023
New Haven, CT Acording to Verada, Rock Spot Climbing has signed a new 15 year lease for 5,935 s/f at 44 Olive St. The development, Olive and Wooster, features 299 residences for lease and 8,000 s/f of retail space on Olive St
Plaza Construction completes Park Lane Hotel
April 25, 2023
Manhattan, NY Plaza Construction has completed their work on the Park Lane Hotel, located at 36 Central Park South. Plaza was selected to provide preconstruction and construction management services for the renovation of the hotel,
Winter Bros. releases first ever “State of Waste” report for Long Island
April 25, 2023
Long Island, NY Winters Bros. Waste Systems released its first “State of Waste” report that provides a detailed review of the trends, challenges, and opportunities facing Long Island’s waste and recycling infrastructure. The report was prepared using information