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Rockabill Consulting arranges $18m for West Harlem Group Assistance
September 13, 2022
Manhattan, NY Rockabill Consulting and West Harlem Group Assistance (WHGA) unveiled $18 million refinancing and new 30-year operating and debt service contract with the NYC Department of Homeless Services (DHS) for
Cleeman and Seelenfreund of Cleeman Realty Group complete $38.5 million portfolio sale of five Tops ...
September 13, 2022
Tonawanda, NY Cleeman Realty Group completed the $38.5 million portfolio sale of five Tops Supermarket anchored shopping centers in Hamlin, Arcade, Avon and Tonawanda. The properties were
Forchelli Deegan Terrana LLP welcomes Allegretti to its legal marketing team
September 8, 2022
Uniondale, NY Forchelli Deegan Terrana LLP welcomed Julie Allegretti to the firm as a marketing manager. “Julie’s extensive legal marketing experience and industry knowledge complement our team,” said Kristina Sornchai, director of marketing. “Her pleasant disposition and
GFI Realty Services arranges two sales totaling $9.225 million
September 8, 2022
New York, NY GFI Realty Services completed the following transactions: The $6.4 million sale of 864 East 149th St., a walk-up building comprised of 46 units located in the Mott Haven section of the Bronx. GFI director Zachary Fuchs represented the seller, NY Metro Holdings and the buyer, a
Axiom arranges $5.5 million loan for refi of 43,00 s/f grocery store
August 23, 2022
Clovis, NM Axiom Capital Corp. has structured and arranged a $5.5 million permanent loan for the refinance of a 43,484 s/f grocery store. The property has excellent frontage along Prince St., with exposure
Cronheim secures $11M for grocery anchored retail property
August 23, 2022
Boonton, NJ Cronheim Mortgage has arranged $11 million in permanent financing for a 62,740 s/f grocery-anchored shopping center. The 10-year financing amortizes over 30 years and was placed with RGA Reinsurance
Savills forms strategic alliance with Integrative Partners
August 23, 2022
New York, NY Savills today has entered into a strategic alliance with Integrative Partners (IP), a certified minority- and women-owned business enterprise (M/WBE) and commercial real estate services firm founded and led by Shawna
IPRG closes on $1.975 million mixed use building
August 23, 2022
New York, NY Investment Property Realty Group (IPRG) have closed on 961 East 167th St. for $1,975,000. This property is located between Southern Blvd & E 167th St
Ariel Property Advisors arrange $7.1 million sale of 43,000 s/f development site
August 23, 2022
New York, NY Ariel Property Advisors has arranged the sale of a 43,857 buildable s/f development site at 2031-2033 Third Ave. between East 111th and East 112th St.'s for $7.1 million, or $162 per buildable s/f. The property
Seavest acquires 57,000 s/f medical office building at 355 West 52nd St.
August 23, 2022
New York, NY Seavest Healthcare Properties, LLC, the White Plains and New York City based real estate investment management firm has acquired the fully leased 355 West 52nd St. medical office building.
Rudin completes two leases totaling over 36,000 s/f at 80 Pine St.
August 23, 2022
New York, NY Rudin, a full-service real estate organization, and one of NYC's largest private owners, operators and developers of first-class real estate, has completed two long-term leases, totaling more than 36,000 s/f at 80 Pine St., a 1.2-million s/f office tower that is in
The Rise of Medtail: Medical and Healthcare Tenants Occupying Ground-Floor Leases - by Nathaniel Mal...
August 23, 2022
Conditions related to the COVID-19 pandemic have led some retailers to adopt a more permanent e-commerce business model. Forced to give up prime locations in street-level storefronts, malls, and shopping centers, these owner-operators have decided to pivot indefinitely to online
Gender Equity in the Commercial Real Estate Industry - by Pay Wu
August 23, 2022
Gender equity is at times misconstrued with the pursuit of gender equality -- While both are important, they are not the same. The difference lies in the outcomes; equality shows up as the same resources are made available to all parties, while equity is achieved through resources offered based on the respective needs
Fordham REI and BCW Present: "Economic Outlook and Forecasting the New York Region’s Real Estate M...
August 23, 2022
New York, NY With rising interest rates, historic inflation and global economic uncertainty, all eyes are on commercial real estate. What will this mean for demand and value? Will CRE remain a hedge against inflation? What’s next for the New York market? The Fordham Real Estate Institute
Largo arranges $33.6 million in acquisition and reposition financing for industrial portfolio in Tor...
August 23, 2022
Toronto, ON Kevin Ross, managing director at Largo Capital, secured $33.675 million in acquisition and reposition financing for a three-building industrial portfolio.
Largo Capital arranges a $55.8 million refinance loan for a multi-family property in Raleigh, NC
August 23, 2022
Knightdale, NC Jack Phillips, principal at Largo Capital, arranged a $55.8 million loan to refinance a 350 Class A multifamily property. The property is a new construction asset, featuring a swimming pool, outdoor kitchen and lounge, picnic area, fitness center, clubhouse
Stav Equities & Safdie Realty Group complete $3.35 million sale of 57 Grove St.
August 23, 2022
New York, NY Stav Equities alongside Safdie Realty Group has successfully brokered the sale of 57 Grove St., a 12 unit multifamily building. The brokers were able to assist ownership in buyouts, ultimately delivering 11 out of 12 apartments vacant at closing on behalf of the buyer
JLL Capital Markets completes $50.75 million sale of 101-unt mixed use building
August 23, 2022
New York, NY JLL Capital Markets has completed the $50.75 million sale of 740 West End Ave., a 101-unit, pre-war, mixed-use, elevator building
Buckingham Advisors placed $18 million of equity on 143-unit Denholtz Properties and Redwood Real Es...
August 23, 2022
Bound Brook, NJ A joint venture between Denholtz Properties, a leading real estate development and investment company, and Redwood Real Estate Group is moving ahead with the $50 million construction of a 143-unit, Class A transit-oriented
G2D Group officially opens The Shipyard
August 23, 2022
Riverhead, NY August 18, 2022 marked the official opening of The Shipyard, located on the boardwalk in the center of downtown. A four-story residential building consisting of 36 luxury units, The Shipyard is the newest property developed