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Axiom Capital funds 145,200 s/f industrial portfolio in Daytona, St. Augustine and Jacksonville, FL
August 9, 2022
Florida Axiom Capital Corp. has structured and arranged a $6.95 million permanent loan (10-yr loan, 7-yr I/O, fixed rate, non-recourse) for the acquisition of an industrial portfolio located along the East Coast
Fried Frank reps. JV in acquisition and financing of waterfront residential development
August 9, 2022
New York, NY Fried Frank acted as counsel to a joint venture of Atlas Capital Group (Atlas), Zeckendorf Development (Zeckendorf), and the Baupost Group (Baupost) in connection with the acquisition and mortgage
The Ground Lease REIT has acquired and leased the Hudson Hotel under a 99-year ground lease
August 9, 2022
New York, NY Montgomery Street Partners (“MSP”), a diversified commercial real estate investment firm has formed The Ground Lease REIT (“GLR” or the “REIT”) a dedicated vehicle focused on the origination
Edeklopf and Rosenfeld of Schuckman Realty sell eight unit multifamily building
August 9, 2022
Brooklyn, NY Schuckman Realty has completed the sale of 558 Lafayette Ave. located between Bedford Ave. & Nostrand Ave. Baruch Edelkopf and Joseph Rosenfeld represented
Cushman & Wakefield arranges $4.38 million community facility condominium sale at 100 East Broadway
August 9, 2022
New York, NY Cushman & Wakefield has arranged the sale of the community facility condominium situated on the entire 4th floor of 100 East Broadway. The final sale price was
Stacom of CBRE arranges sale of 160 Riverside Blvd. for $415 Million
August 9, 2022
New York, NY A CBRE team led by Darcy Stacom, chairman of NYC Capital Markets, arranged the $415 million sale of 160 Riverside Blvd. to New York-based apartment investor A&E Real Estate on behalf
LISC NYC completes 2.4 million construction loan deal for 200+ units of afforable housing
August 9, 2022
New York, NY Twelve properties just south of Crotona Park will soon undergo rehabilitation and renovation work in an effort to enhance the quality of life of hundreds of Bronx residents. With a $2.4 million
CTC signs 68,339 s/f lease with Durst Org. at One Five One West 42nd St.
August 9, 2022
New York, NY According to The Durst Organization, CTC (Chicago Trading Company) has signed a 15-year lease for 68,339 s/f on the 36th and 37th floors at One Five One West 42nd St. The trading firm is moving their office from 1120
Tishman Speyer, HSBC and JLL selected as 2022 Green Lease Leaders by the Department of Energy’s Be...
August 9, 2022
The Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance selected HSBC Bank USA, N.A., Tishman Speyer and JLL as 2022 Green Lease Leaders. This recognition is for
GFP Real Estate signs two new leases at 100 Crosby St.
August 9, 2022
New York, NY GFP Real Estate, LLC has completed two new lease transactions totaling 8,021 s/f at 100 Crosby St. The historic building is now 100 percent leased
Williams Equities signs Mangia to 9,500 s/f lease at 57 West 57th St.
August 9, 2022
New York, NY Williams Equities has signed gourmet Italian eatery Mangia to a long-term, 9,500 s/f restaurant lease at 57 West 57th St. In addition, Williams signed approximately 7,000 s/f of office leases throughout
Savills North America appoints Repking as new general counsel
August 9, 2022
New York, NY Savills has named James Repking its general counsel in North America, effective August 1. Repking, formerly associate general counsel, will succeed retiring general counsel and executive vice president L. Stanton Towne. Repking will relocate to the company’s
M&T Bank names Orrino managing director and head of Institutional CRE Capital Markets
August 9, 2022
New York, NY According to M&T Bank (NYSE: MTB) (“M&T”), Matthew Orrino has been named a managing director and head of Institutional Commercial Real Estate (CRE) Capital Markets at M&T Investment
Center for Architecture announces new board leadership, welcomes new board member
August 9, 2022
New York, NY Following four years of service to the organization as chair of the Board of Trustees at the Center for Architecture, Barry Bergdoll, Meyer Schapiro Professor of Art History and Archaeology at Columbia
Statewide Abstract’s Forrest appointed to NYC Bar Real Property Law committee
August 9, 2022
Westchester, NY Tracy Forrest, deputy general counsel in charge of Business Development at Statewide Abstract Corp., will serve on the New York City Bar Real Property Law Committee for a three-year term beginning August 1. As a class of 2025 committee member, Forrest will be involved in
Burns appointed as CFO and Rayman promoted to Real Estate controller at BEB Capital
August 9, 2022
New York, NY BEB Capital (“BEB”), a leading investor and developer of industrial, office, and multifamily assets throughout the East Coast, has appointed Thomas Burns in the newly created role
Kim joins Loeb & Loeb as Real Estate partner
August 9, 2022
New York, NY According to Loeb & Loeb, Jason Kim is now a partner in the firm’s Real Estate department. His real estate practice focuses on transactional matters involving acquisitions
Upflex adds Casolo as CRO
August 9, 2022
New York, NY Upflex—has appointed Michael Casolo as CRO. Casolo is charged with overseeing the startup’s revenue planning, scaling and reporting - guiding the team through its next critical
Real Estate Lenders Association announces new national board members
August 9, 2022
New York, NY The Real Estate Lenders Association (“RELA”) has announced the National Board members for the July 2022 – June 2023 membership year, and will continue to be led by chairwoman