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Greystar Real Estate Partners and the Cappelli Organization celebrate topping out of 25 North Lex tr...
May 16, 2023
White Plains, NY Executives of Greystar Real Estate Partners LLC and the Cappelli Organization joined with officials from Westchester County and the city to celebrate a milestone in the construction of 25 North Lex, a mixed-use, transit-oriented development
![[Webinar] Financing Smart Thermostat Upgrades for Residents](https://nyrej.com/img/story-placeholder-ny.jpg)
[Webinar] Financing Smart Thermostat Upgrades for Residents
April 25, 2023
Join Logical Buildings to learn how multifamily buildings in New York and New Jersey can access the newly available $110 million virtual power plant
Fordham University hosts expert panel - "Capital Market Transformations"
April 25, 2023
Hundreds of business and industry professionals attended “Capital Market Transformations,” a panel discussion and networking event at Lincoln Center that was offered both in person and virtually. The panel was moderated by Lou Mirando, founder and principal of Streamline CRE Funding Group LLC,
Find A Rainmaker, a cloud-based software to identify PR and BD leaders, launches
April 25, 2023
Find A Rainmaker (FAR) is the first-ever, cloud-based rapid behavioral assessment tool developed by public relations and business development professionals, behavioral PhDs, technologists, and designers. The platform is aimed at helping companies identify individuals
Lilker joins IMEG, expands regional footprint
April 25, 2023
Lilker Associates Consulting Engineers has joined IMEG, a national engineering firm on May 1, 2023. The announcement follows another recent IMEG merger with Long Island-based Cameron Engineering and expands the firm’s footprint in the State of New York to more than 220 team members
Metropolitan Realty Associates completes 128,600 s/f long term lease extension
April 25, 2023
Bay Shore, NY Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (“MRA”), announced that Duro Dyne National Corporation extended its lease at 81 Spence St., leasing the entire facility for an additional twelve-year term.
HKS Real Estate Advisors and Lee & Associates complete $15.488 million sale of development site
April 25, 2023
Manhattan, NY HKS Real Estate Advisors and Lee & Associates of NY have completed the $15.488 million sale of a prime development site at 354 West 52nd St. The block-thru parking lot has 75 feet of frontage and 40,000 s/f of intact air rights. The site is intended to be redeveloped into luxury condominiums due to its location near Times Square, the Theatre District, and Hudson Yards
IIBEC announces first class of CBECxP certifications
April 25, 2023
Dallas, TX The International Institute of Building Enclosure Consultants (IIBEC) announced its first class of CBECxP certification holders. The group of 15 individuals who had earlier applied for IIBEC’s new credential
HGAR welcomes Roithmayr as Director of Government Affairs
April 25, 2023
White Plains, NY The Hudson Gateway Association of REALTORS welcomed Alex Roithmayr as its new Director of Government Affairs. Roithmayr will be responsible for advocacy initiatives for Realtors and homeowners in the
The M&T Charitable Foundation announce $3.8 million in grants
April 25, 2023
The M&T Charitable Foundation, the philanthropic arm of M&T Bank, announced Amplify Fund grant recipients for New York City and nearby regions, totaling $3.8 million committed to 31 non-profit organizations focused on community organizing, environmental, and financial empowerment initiatives
Cronheim secures long-term financing for Florida office & retail properties
April 25, 2023
Cronheim Mortgage has secured permanent financing for two Florida properties, the Parkway Professional Building, a 42k+ SF office property, and the Tri City Center, a 90k+ SF retail property. Andrew Stewart, Dev Morris, and Allison Villamagna placed the financing with StanCorp Mortgage Investors
Axiom arranges $3 million refinance of Missouri retail building
April 25, 2023
Farmington, MO Axiom Capital Corp. has structured and arranged a $3 million permanent loan (5 year, fixed rate, non-recourse) for the refinance of a freestanding retail building. The property was built in 2016 and contains a 51,373 s/f single tenant building with 162 surface parking spaces situated on 3.90
Shawmut Design and Construction and St. John’s University celebrate topping off on the St. Vincent...
April 25, 2023
Queens, NY Shawmut Design and Construction, a leading $1.3 billion national construction management firm, joined St. John’s University to commemorate the topping off milestone on the St. Vincent Health Sciences Center, a 70,000 s/f new home for existing and future health sciences programs on the university’s Queens campus
New amenities lead to new leases at Clarion Partners’ Merritt 7
April 25, 2023
Norwalk, CT After completing over 100,000 s/f of leases over the past 12 months, Merritt 7 Corporate Park will soon begin work on a new fitness center and conference center, the latest amenity upgrades at the 6-buliding, 1.4 million s/f property. The new, fully renovated fitness center will feature brand new resistance training and cardio equipment, including Peloton bikes and treadmills
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
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