Search
Story results for:
Greyhill Group acquires 401,000 s/f industrial property in western New York for $7.35 million
December 27, 2022
Falconer, NY GreyHill Group, a commercial real estate investment company based in New York, has acquired a 401,000 s/f industrial building at 2632 S Work St. for $7.35 million. Falconer is located in Chautauqua County in Western
JRM Construction begins work on Rutgers new admissions office
December 27, 2022
Newark, NJ JRM Construction Management will collaborate with L+M Development Partners to construct a new admissions office for Rutgers, The State University of New Jersey encompassing 4,122 s/f. The new office will be located at 155 Washington St.
Fenestration and Glazing Industry Alliance plans 2023-2024 events
December 27, 2022
Schaumburg, IL The Fenestration and Glazing Industry Alliance (FGIA) has formalized its 2023 and 2024 conference schedule, beginning with the FGIA 2023 Annual Conference taking place February 13-16 in Coronado, CA. “FGIA is excited to share a new slate of host cities, which we feel is a great mix of both member favorite locales and new sites for the Association
Cantor Fitzgerald sells 865 Bellevue Apartments in Nashville
December 27, 2022
Nashville, TN Cantor Fitzgerald, L.P. (Cantor Fitzgerald1) has sold 865 Bellevue Apartments. The sale was facilitated on behalf of investors in 865 Bellevue Apartments, resulting in a total return of 156% of their aggregate original investment and an internal rate of return of 15% over the approximately three-year hold period.2
Knowlton of Capstone sells Union Boulevard Apartments for $6.4 million
December 27, 2022
Colorado Springs, CO Capstone has closed the sale of 801-849 S Union Blvd., a 29,732 s/f multifamily property for the sale price of $6.4 million. Pat Knowlton of Capstone represented the seller and the buyer. Union Boulevard Apartments was built in 1972 and has undergone significant upgrades throughout the property, including parking lots,
2022 Year in Review: Moujan Vahdat, Elmo Realty Co.
December 27, 2022
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? November marked the 30-year milestone of our corporate mandate for alleviating the homeless crisis in NYC.
2022 Year in Review: Judah Hammer, Meridian Capital Group
December 27, 2022
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? My team’s ability to adjust and persevere.
2022 Year in Review: Thomas Kearns, Olshan Frome Wolosky LLP
December 27, 2022
What person, project, transaction or market trend had the greatest impact on your industry this year? Over the last 20 years of my practice, office building transactions have been a principal area of concentration.
2022 Year in Review: Dominic Paparo, EW Howell Construction Group
December 27, 2022
What person, project, transaction or market trend had the greatest impact on your industry this year? Inflation and supply chain issues have had the greatest impact on the construction industry in 2022.
2022 Year in Review: William O'Brien, M.C. O'Brien, Inc.
December 27, 2022
What person, project, transaction or market trend had the greatest impact on your industry this year? Undoubtedly, the work from home dynamic has impacted both office and retail transactions, for M.C. O’Brien, Inc.
2022 Year in Review: Ramya Jangamakote, Mojo Stumer Associates
December 27, 2022
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? My most notable project this year is the new Village Hall in Great Neck.
2022 Year in Review: Alan Stenson, Brax Realty
December 27, 2022
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? In the past year, I have become a hyper-specialist in the challenging, demanding market of multi-family and mixed-use, rent- stabilized buildings.
2022 Year in Review: James Famularo, Meridian Capital Group
December 27, 2022
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? Leasing 771 Ninth Ave. to Urban Pathways, an outreach program and drop-in center for the homeless community.
2022 Year in Review: David Katz, Global Security Group, Inc.
December 27, 2022
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? Our fire/life safety division is run by the most qualified experts in the industry. What matters even more to our clients is having similarly qualified personnel working with them onsite.
2022 Year in Review: Peter Mulcahey, JRM Construction Management
December 27, 2022
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022? JRM has made a significant investment in expanding our healthcare construction division’s capabilities in 2022, and it has been a tremendous year.
2022 Year in Review: Shimon Shkury, Ariel Property Advisors
December 27, 2022
What person, project, transaction or market trend had the greatest impact on your industry this year? No doubt the most significant trend was interest rate hikes, which started to impact activity in the commercial real estate market in the second half of the year.
2022 Year in Review: Shallini Mehra, Meridian Investment Sales
December 27, 2022
What person, project, transaction or market trend had the greatest impact on your industry this year? The multiple Fed’s interest rate hikes, which translate to 6.0-6.5% lending rates have put downward pressure on valuations, which were already negatively impacted by the HSTPA 2019 rent laws.
2022 Year in Review: Ryan Nelson, Turnbridge Equities
December 27, 2022
What person, project, transaction or market trend had the greatest impact on your industry this year? Increasing demand for efficient and reliable supply chain solutions is a trend greatly impacting the logistics/warehousing industry.
2022 Year in Review: April Intrabartola, Eastman Cooke Construction
December 27, 2022
What person, project, transaction, or market had the greatest impact on your industry this year? Our business took a hard shift towards healthcare build-outs this year.
2022 Year in Review: Lee Wasserman, LEW Environmental Services
December 27, 2022
What person, project, transaction or market trend had the greatest impact on your industry this year? An ongoing project identified a flaw in the city’s lead-based paint inspections due to differences in testing equipment.