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Daly and Keating of Rudin lease 59,550 s/f to Vibrant at 80 Pine St.
March 14, 2023
New York, NY Rudin, a full-service real estate organization, will be relocating nonprofit mental health provider Vibrant Emotional Health (Vibrant) to 80 Pine St., its 1.2 million s/f financial district office tower, with a 15-year lease totaling 59,550 s/f. Vibrant Emotional Health’s footprint will span the entire 18th and 19th floors of the 38-story building.
Houlihan of Houlihan-Parnes Properties arranges $350,000 in financing for 379 Sommerville Place
March 14, 2023
Yonkers, NY Jeremiah Houlihan of Houlihan-Parnes Properties has arranged for first mortgage financing in the amount of $350,000 for the refinancing of a 3-story wood frame five family house built in circa 1930 with a small extension on the 1st floor, backyard and six outdoor parking spaces, located at 379 Sommerville Pl.
Merchants Capital sets office record with $1.3 billion financed in 2022
March 14, 2023
New York, NY Merchants Capital has set a record-breaking year with its debt production, totaling approximately $1.3 billion during 2022. The total production numbers served to finance and preserve a variety of properties across the nation, including affordable, multifamily and senior housing.
Goldflam of Highcap Group arranges sale of 47-07 Broadway for $11.1m - 54,516 s/f
March 14, 2023
Queens, NY Josh Goldflam, co-founder & principal of Manhattan based commercial real estate firm Highcap Group, has arranged the sale of 47-07 Broadway, for $11.1 million. The building and lot are located in the Astoria neighborhood.
Standard Communities completes largest acquisition, 3,200 affordable units in FL and GA
March 14, 2023
Standard Communities, a major national affordable housing developer and investor, has acquired controlling interest in an affordable housing portfolio of nearly 3,200 units in Florida and Georgia. The transaction is Standard’s largest acquisition
Ashkenazy Acquisition Corporation acquires 200,000 s/f retail property in Chicago
February 28, 2023
Chicago, IL Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm led by CEO and Chairman Ben Ashkenazy, announced the acquisition of Gateway Centre, an approximately 200,000 s/f retail property
Axiom Capital funds industrial property in Palm Coast, FL
February 28, 2023
Palm Coast, FL Axiom Capital Corp. has structured and arranged a $3.1 million bridge loan for the refinance of a 139,801 rentable s/f multi-tenant, industrial property
ShainRealty Capital completes first company disposition of 200-unit multifamily portfolio
February 28, 2023
Chicago, IL A 200-unit multifamily portfolio has sold. The SR8 Portfolio, encompassing eight properties within a 2-mile radius, sold to a local Chicago syndicate, led by Eagle Infinite Investments. The transaction marks
Kalikow Group sells 9.5 acres to Harris Teeter
February 28, 2023
Apex, NC The Kalikow Group, a fourth-generation, New York development and management firm and Experience One LLC, has sold to Harris Teeter, a Matthews, NC-based grocer, 9.5 acres of land for a 64,000 s/f grocery store/gas station
BEB Lending provides $5 million in acquisition financing for 87,000 s/f industrial property in Kearn...
February 28, 2023
Kearny, NJ BEB Lending, the finance platform of BEB Capital, announced today it has provided a $5 million, 18-month bridge loan for the acquisition financing of an 87,000 s/f industrial property on 2.44 acres at 244 Duke St. The financing
Gebroe-Hammer Associates names Gehler to vice president
February 28, 2023
Philadelphia, PA Gebroe-Hammer Associates, the nationally ranked multifamily-focused investment sales brokerage firm, has named Joseph Gehler to the role of vice president and is the newest member of its management team, according
Colligan of Largo arranges $6.71 million for acquisition of multifamily property
February 28, 2023
Carlisle, PA Neal Colligan, principal at Largo Capital, arranged $6,71 million for the acquisition of a 120-unit multifamily property. The property, currently 98% occupied, consists of 15 buildings that contain
Ross of Largo arranges $8.25 million for acquisition of an industrial building in Quebec
February 28, 2023
Kevin Ross, managing director at Largo Capital Limited, arranged $8.25 million for the acquisition of an industrial building located in St-Eustache, Quebec. The subject property was renovated in 2019 and has a layout
New York Building Congress welcomes board of directors’ class of 2025 & 2025 Emeriti
February 28, 2023
New York, NY At the annual membership meeting & construction industry luncheon, the New York Building Congress welcomed members to its board of directors’ class of 2025, its 2025 Emeriti, and acknowledged two retirements.
Denham Wolf hires Hrobsky as Transactions manager
February 28, 2023
Manhattan, NY Denham Wolf Real Estate Services has hired Kate Hrobsky as Transactions manager. Hrobsky has experience analyzing, underwriting, and positioning real estate assets for sale and to purchase in alignment with a client’s mission
Colliers adds Owens to capital markets team
February 28, 2023
Manhattan, NY According to Colliers industry-leader Mark Owens has joined the firm as vice chair and national practice group leader, hospitality. Owens, one of the foremost experts in the sector with over 20 years of experience and long-standing professional relationships,
Anchin hosts Future Forward 2023 - Navigating the Evolving Industry Landscape
February 28, 2023
Manhattan, NY Anchin hosted its 8th annual real estate and construction forum, Future Forward 2023, Navigating the Evolving Industry Landscape, on February 16th, 2023. The event marked a return to Anchin’s in-person Future Forward event, bringing together leading real estate owners
Ariel Property Advisors announces multiple new hires
February 28, 2023
Manhattan, NY Ariel Property Advisors (Ariel) ahas made several new hires, expanding the commercial real estate services and advisory firm’s investment sales and operations teams. “Ariel continues to attract top industry talent
Crunching the Numbers: 2023 NY Real Estate Market Predictions
February 28, 2023
White Plains, NY The Hudson Gateway Association of Realtors, Inc. (HGAR) and OneKey MLS hosted a virtual panel featuring real estate experts who discussed how the New York market is shaping up so far this year and where it’s headed. Leaders from First Republic Bank, Marketproof, Inc. and Miller Samuel Inc.
$19.8 million sale of Leonia, NJ garden-apartment complex arranged by Gebroe-Hammer Associates
February 28, 2023
Leonia, NJ Gebroe-Hammer Associates has arranged the $19.8 million sale of Grand Lee Apartments, an 80-unit garden-style property. Vice president Joseph Gehler, along with sales representative David Betesh, exclusively represented