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Buyers place bets on New York City hotels - by Joseph Aquino
May 24, 2022
Over the past two years, New York City’s hotels have been trading at a huge discount. Hotel owner/operator MCR, which has a reputation for
1031 exchanges: Proposed legislation & inflation - by Mike Packman
May 24, 2022
The market environment can change so quickly! A few months ago, the Federal Government was operating under a continuing resolution – with
Quantitative tightening’s anticipated effect on commercial real estate capital markets - by Michae...
May 24, 2022
To shore up financial markets during the COVID-19 pandemic, the Federal Reserve took the approach of lowering the Federal Funds rate effectively to
Weiss to lead new investment sales division at Eastern Union
May 24, 2022
New York, NY Eastern Union, a national commercial real estate firm providing both capital markets advisory services and
Bestreich Realty Group brokers four sales totaling $10.805 million
May 24, 2022
Brooklyn, NY Bestreich Realty Group (BRG) completed the following transactions:
Fuchs, Sparks, Gelbstein, and Landau of GFI Realty Services handle $19.9 million sale of Bronx multi...
May 24, 2022
Bronx, NY GFI Realty Services completed the $19.9 million sale of 2501 Tratman Ave., a walk-up building comprised of 143 units, four stores and an
DeNicola, Sternhell, and Vanderpool of Cignature Realty handle $3.95m sale
May 24, 2022
Manhattan, NY Cignature Realty handled the $3.95 million sale of 502 West 170th St., a five-story, multifamily apartment building with
Your partner’s creditor - by Thomas Kearns
May 24, 2022
The law recognizes that people will go into a business with certain people and not others. This is called the “pick your partner” rule.
Rodriguez Commercial Realty brokers $1.38 million sale in Brooklyn
May 24, 2022
Brooklyn NY According to Rodriguez Commercial Realty, (RCR) the firm completed the sale of 1607 Cortelyou Rd., located between E 16th St. and E 17th St. in the
Eliviat Group acquires land to build new 224-unit market-rate residential complex in Wallkill
May 24, 2022
Wallkill, NY The Long Island based Eliviat Group completed the acquisition of five acres across from the Galleria Mall at Crystal Run for
Lancewood Capital provides $8 million bridge loan
May 24, 2022
Manhattan, NY Lancewood Capital provided an $8 million bridge loan to finance a multifamily building in the West Village neighborhood.
Parkview Financial provides $207 million loan for Hudson Hotel
May 24, 2022
Manhattan, NY Parkview Financial has provided a $207 million loan toward the purchase and redevelopment of the Hudson Hotel.
Kane & Redding join Colliers capital markets NYC team as managing directors
May 10, 2022
New York, NY Leading global commercial real estate services and investment management firm Colliers (NASDAQ and TSX: CIGI) has appointed Dylan Kane and Zach Redding as managing directors in the firm’s New York
CBRE arrange lease renewal & revitalization for ICRC at 801 Second Ave.
May 10, 2022
New York, NY CBRE has completed a long-term renewal and office space revitalization for the International Committee of the Red Cross Delegation to the United Nations (ICRC) at their full-floor
Westchester IDA votes preliminary approval of financial incentives for 3 energy-related projects
May 10, 2022
White Plains, NY The Westchester County Industrial Development Agency (IDA) has voted preliminary approval of financial incentives for three energy-related projects proposed in Briarcliffe
Cronheim Mortgage secures $16 million for 272,000 s/f Mansfield Commons
May 10, 2022
Hackettstown, NJ Cronheim Mortgage has arranged $16 million in permanent financing for a 272,000± s/f retail center. The 10-year financing amortizes over 30 years. Dev Morris
Marcus & Millichap handles two sales totaling $37.15 million
May 24, 2022
Manhattan, NY According to Marcus & Millichap, the firm has completed two sales totaling $37.15 million:
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Lancewood Capital provides a $20 million credit facility to a Miami, FL based lender
May 10, 2022
Greenwich, CT Lancewood Capital, a Greenwich, CT-based family office focused on real estate credit opportunities, provided a $20 million senior credit facility to a Miami, FL based commercial real estate lender. The first two advances are secured by investment condo properties
Question of the Month: Is office space in New York facing a reckoning? - by Spencer Compton
May 24, 2022
As many New Yorkers return to work – back to working in an office, that is – they’re often working in a hybrid environment that is very different than
Can I 1031 exchange out of a Delaware Statutory Trust? - by Dwight Kay
May 24, 2022
Many investors that have participated in or are considering a DST 1031 exchange with Kay Properties will oftentimes ask us, Is it possible to 1031 exchange out of a