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Meridian’s Doshi and Mehra sell a 65 year ownership of 2 retail blockfronts
May 24, 2022
New York, NY Meridian’s Amit Doshi and Shallini Mehra closed on the sale of the Kings Plaza Retail Portfolio, which consists of 2484-2488 Flatbush Ave., 4202-4204 Ave. U, 4206-4212 Ave. U
REBNY Report shows continued economic progress in Q1 2022
May 24, 2022
New York, NY The Real Estate Board of New York (REBNY) released its Quarterly Construction Pipeline Report (QCPR) for Q1 2022. Overall, the report reveals that a strong volume of new construction
REBNY Manhattan Retail Report shows growing demand from a diverse range of retailers
May 24, 2022
New York, NY The Real Estate Board of New York (REBNY) released its latest Spring 2022 Manhattan Retail Report focused on market activity during the last six months. The report finds that leasing velocity
Churchwick Partners and Rockledge purchase nine extended stay hotels
May 24, 2022
Various Locations, USA Churchwick Partners, David Kaye and Joe Listhaus of Rockledge have purchased nine extended stay hotels across six states. The total transactions consisted of 1,085 keys and were sold by 3 different sellers
M&T Realty provides $144 million in financing for a multifamily property
May 24, 2022
Brooklyn, NY M&T Realty Capital Corporation recently placed a $144 million permanent loan secured by a newly built, 312-unit luxury multifamily property developed by The Brodsky Organization
JLL Capital Markets secures $215 million refinancing for mixed-use portfolio in Pennsylvania and Mar...
May 24, 2022
MD & PA JLL Capital Markets has arranged $215 million for the refinancing of a 30-property portfolio totaling 1.67 million s/f of retail and medical and traditional office space
Flanagan joins PS&S
May 24, 2022
Warren, NJ Andrew Flanagan, Professional Land Surveyor (PLS) has joined PS&S, a full-service architecture, engineering, design, surveying and environmental firm with a 60-year
Sagamore Ventures and Goldman Sachs welcome MAG Partners and MacFarlane Partners to Port Covington d...
May 24, 2022
Baltimore, MD Sagamore Ventures and the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) have added to the development and investment team for Port Covington that brings together
Katz & Associates represents Seymour St. redevelopment for downtown Montclair revitalization project...
May 24, 2022
Montclair, NJ Katz & Associates is bringing retail and entertainment experiences to the Seymour St. redevelopment project. Katz’s Brian Katz and Amy Staats are exclusive retail leasing agents
G.S. Wilcox & Co. arranges $19.4 million in financing for two office buildings
May 24, 2022
New Jersey & Pennsylvania G.S. Wilcox & Co. has arranged $19.4 million in financing for two office buildings. Both financings were secured by the team of partners, Wesley
JLL Capital Markets represents seller in two-building mixed-use portfolio sale
May 20, 2022
New York, NY JLL Capital Markets has completed the $41.5 million sale of 959-961 Second Ave. and 246 East 46th St., a 105-unit, two-building portfolio
Shawmut Design and Construction celebrates 13th annual safety week
May 24, 2022
New York, NY Shawmut Design and Construction, a leading $1.3 billion national construction management firm, hosted its 13th annual Safety Week, focusing on physical and mental health, safety, and well-being. The week
Zere Real Estate Services sells 16,098 s/f investment property
May 24, 2022
Port Jefferson Station, NY Zere Real Estate Services sold a 16,098 s/f commercial building situated on three acres along the Route 112 Business Corridor at 1660 Route 112
McCrossen joins Jaspan Schlesinger LLP as partner
May 24, 2022
Garden City, NY Bryan McCrossen has joined Jaspan Schlesinger LLP as a partner in the real estate practice group. McCrossen's practice covers a broad range of commercial real estate matters
Kay Properties & Investments has brought a DST offering full cycle
May 24, 2022
Winston-Salem, NC Kay Properties & Investments has successfully brought one of its custom Kay Properties DST offerings full cycle on behalf of multiple 1031 exchange and cash investors
The New York Real Estate Journal presents its May Spotlight, Ones to Watch
May 24, 2022
New York, NY The New York Real Estate Journal has published its monthly spotlight, "Ones to Watch," focusing on
Lionheart and Bank OZK provide $150 million in funding for residential development in Miami
May 24, 2022
Miami, FL Lionheart Strategic Management LLC (Lionheart), an SEC-registered investment advisor that was formed in 2017 as the asset management affiliate of Fisher Brothers, will be providing a $45 million
Welco Realty represents Osborne Capital in 13,662 s/f lease to Old Navy at Kearny Plaza
May 20, 2022
Kearny, NJ Welco Realty Inc., exclusive agent for Kearny Plaza, represented the landlord, Osborne Capital, LLC on leasing a former Modell’s Sporting Goods store 13,662 s/f
Gebroe-Hammer Associates’ $63.5 million sale of Northwoods Estates is first stage of classic multi...
May 24, 2022
North Brunswick, NJ As part of the first stage of a classic multifamily 1031 Exchange, Gebroe-Hammer Associates has arranged the off-market $63.5 million sale of Northwood Estates Apartments, a 253-unit garden
GFP Real Estate closes on $87 million refinancing for 520 Eighth Ave.
May 24, 2022
New York, NY GFP Real Estate, LLC has closed on a $87 million loan from Apple Bank for the refinancing of 520 Eighth Ave., a 26-story, 860,000 s/f building in the Garment District. Major tenants at the 93% leased