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Certilman Balin participates in annual Marcum Corporate Workplace Challenge at Jones Beach
August 23, 2022
Wantagh, NY Certilman Balin took the Marcum Corporate Workplace Challenge on Aug. 2 at Jones Beach. They were joined by many firms and companies on Long Island to support some of the region’s charities which include: The Children’s Medical Fund of NY, Long Island Children’s Museum,
Lewis and Guarino of ERG provides $6 million refinance loan
August 23, 2022
Brooklyn, NY ERG Commercial Real Estate has provided a $6 million refinance loan on two, three-story brick mixed-use buildings near the borough’s waterfront on one of Greenpoint’s
Hudson Cos., The Jericho Project and HELP USA close on $214m financing for Brooklyn development
August 23, 2022
Brooklyn, NY The Hudson Cos., The Jericho Project and HELP USA closed on a $117 million in financing for affordable and supportive housing and $97 million for a new shelter at Logan Fountain, a mixed-use project
Marx Rlty. secures 76,500 s/f in leases at 545 Madison
August 23, 2022
Manhattan, NY Marx Realty (MNPP) signed 76,500 s/f of new and extended leases at 545 Madison. A Cushman & Wakefield team led by Tara Stacom represented Marx in each of the following transactions and asking rents ranged from
Ranieri of Northmarq completes $22 million refinance of Springvale Apartments
August 23, 2022
Croton-on-Hudson, NY Robert Ranieri, senior vice president/managing director of Northmarq’s White Plains debt/equity office, completed the $22 million refinance of Springvale Apartments. The 31-building/524-unit 55+ senior housing property
Jefferson appointed senior vice president, chief people officer at Community Preservation Corp.
August 23, 2022
New York, NY According to The Community Preservation Corp. (CPC), a leading nonprofit multifamily finance company, Monique Jefferson has been hired as its new senior vice president, chief people officer.
Picking the right Delaware Statutory Trust company - Part 3 - by Dwight Kay
August 23, 2022
Investors often must juggle multiple investment options, like where to invest and with whom. When it comes to evaluating a Delaware Statutory Trust or DST investment, real estate investors should look for a firm that
GFP Real Estate secures 4 leases totaling 12,450 s/f
August 23, 2022
Manhattan, NY GFP Real Estate, LLC completed four new lease transactions totaling 12,450 s/f at 505 Eighth Ave. in Midtown. In the first transaction, Greystone & Co. renewed its lease of
Walker & Dunlop’s New York Capital Markets team structures $388.4m financing from Bank of America
August 23, 2022
Brooklyn, NY Walker & Dunlop, Inc.’s New York Capital Markets team structured $388.4 million in financing from Bank of America for The Brook, a development consisting of 448,000 rentable s/f of
Heat up your prospecting efforts with these three hacks - by Rod Santomassimo
August 23, 2022
With summer coming to an end and school getting ready to open, it’s a great time to get back to building up your pipeline after some well-deserved downtime.
JLL arranged $176 million construction financing for Domain Companies; Bank OZK provides loan
August 23, 2022
Brooklyn, NY JLL Capital Markets arranged $176 million in construction financing for 420 Carroll St., a ground-up development of a 360-unit, class A multi-housing property in the
Cohen of Ashlind Properties negotiates 10,860 s/f lease
August 23, 2022
Hauppauge, NY Richard Cohen, president of Ashlind Properties consummated a lease transaction between landlord Maltz Properties Corp and tenant Triple Crown Warehouse for a
Jack Resnick & Sons completes 173,618 s/f lease for Edelman with CBRE
August 23, 2022
Manhattan, NY Jack Resnick & Sons completed a 173,618 s/f, 15-year lease renewal at 250 Hudson St. with global communications firm Edelman.
Silverstein Properties leases 109,234 s/f to New York City Housing Development Corp.
August 23, 2022
Manhattan, NY According to Silverstein Properties, the New York City Housing Development Corp. (NYCHDC) signed a long-term lease totaling 109,234 s/f at 120 Broadway, a 40-story, class A office building.
Seelenfreund of Cleeman Realty Group brokers $12.677 million off-market sale in Tonawanda
August 23, 2022
Tonawanda, NY Cleeman Realty Group handled the $12.677 million off-market sale of a free-standing Tops Supermarket. The grocery store is located in Buffalo-Niagara Falls MSA off the
Innovo Property Group secures $435 million loan from Starwood Property Trust and JPMorgan
August 23, 2022
Queens, NY Innovo Property Group (IPG), a leading NYC-based real estate investment and operating company founded by Andrew Chung and backed by Nan Fung Group, closed on a $435 million loan from
LRS Architects designs The Columbia at Vancouver Waterfront
August 9, 2022
Vancouver, WA LRS Architects has completed its design work for a new apartment complex as a part of the revitalized Vancouver Waterfront, The Columbia. The seven-story, 300,000 s/f complex is a 248-unit U-shaped building with unobstructed views of the Columbia River and access to a variety of amenities
SGA completes internal ownership transition and expansion of leadership team
August 9, 2022
New York, NY SGA - an award-winning architecture, design and planning firm specializing in life sciences, corporate and academic design - completed an internal transition of ownership and expansion of its leadership team. The firm will now be led by equal majority owners: president of
Largo arranges $18 million loan for Hampton Inn & Suites in Naples, FL
August 9, 2022
Naples, FL Kevin Coscia, managing director at the Largo Group of Companies, secured a $18 million, 75% LTC construction loan for a 124 key Hampton Inn & Suites. Naples is currently experiencing a population boom and record-breaking tourism. The greater Naples area has grown
Churchwick Partners and Rockledge execute off-market purchase of 122 Key Woodspring Suites in Davenp...
August 9, 2022
Davenport, IA In conjunction with Churchwick Partners, David Kaye and Joe Listhaus of Rockledge purchased the 122 Key Woodspring Suites Davenport Quad Cities in an off-market transaction, adding to their hospitality portfolio. This marks the 13th extended stay hotel purchased by the group in 2022, and their 11th state nationwide. This purchase has pushed the group’s key count to over 1,600.