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Real estate developer, Macklowe, receives two preservation awards
May 10, 2022
New York, NY New York City real estate developers, Macklowe Properties, have been honored at the Lucy G. Moses Preservation Awards by The New York Landmarks Conservancy for their restoration of One Wall St.'s ‘Red Room’. In
GFI Realty Services close on $10.1 million equity for Utah development
May 10, 2022
West Valley City, UT GFI Realty Services, LLC closed on the raise of $10.1 million in joint venture equity for 2550 South and Mountain View Corridor, a well-situated development site in Salt Lake City
Wx's "The 2022 Woman Of The Year Gala" to honor Baer
May 10, 2022
New York, NY WX New York Women Executives in Real Estate (WX) will be holding the annual Woman of the Year gala will be held on Thursday, October 13, 2022, from 6:00 pm – 10:00 pm at The Plaza, located at 5th Ave., Central Park
Boles of Progress Capital arranges $9.4 million loan for acquisition of portfolio in southern market...
May 10, 2022
Various Locations, USA Caillin Boles of Progress Capital secured $9.4 million in acquisition financing for a New York-based investment firm to purchase a real estate portfolio consisting
Jack Resnick & Sons complete 25,000 s/f of office renewals & expansions at 485 Madison
May 10, 2022
New York, NY Jack Resnick & Sons have completed three lease agreements totaling 25,000 s/f at 485 Madison Ave., its 25-story office tower located in the heart of Manhattan’s Plaza District
Meridian completes $22 million sale for property in Forest Hills
May 10, 2022
Queens, NY Meridian’s Amit Doshi, Chirag Doshi, and Brian Gladstone closed on the sale of 110-20 73rd Rd., also known as the Windsor House, located in the Forest Hills neighborhood. 110-20 73rd Rd. is a 78,650 s/f six-story two elevator building that was built in 1937. The property, which sold
JLL Capital Markets arranged loan for Thor Equities industrial facility acquisition
May 10, 2022
Bogota, NJ JLL Capital Markets has arranged pre-development and construction financing for the development of a 150,917 s/f, Class A, speculative warehouse and distribution facility
Meridian Capital Group arranges $92 million in financing for a mixed-use office and retail property ...
May 10, 2022
Brooklyn, NY Meridian Capital Group has arranged $92 million in financing to refinance 1508 Coney Island Ave., a mixed-use office and retail property on behalf of Triangle 613
Newmark hires Himmelsbach as managing director
May 10, 2022
Miami, FL Newmark has hired Matt Himmelsbach as managing director in its technology & innovation practice group. Himmelsbach, who is a leading expert in the negotiation of flexible workplace solutions
World Monuments fund moves to Rockefeller Center’s 600 Fifth Ave.
May 10, 2022
New York, NY World Monuments Fund (WMF) has relocated its global headquarters to Rockefeller Center’s 600 Fifth Ave. Since 2010, WMF, one of the leading independent organization dedicated
Feil signs Standard Security Life Insurance Company of New York to 11,314 s/f at 488 Madison Ave.
May 10, 2022
New York, NY The Feil Organization has signed Standard Security Life Insurance Company of New York to a 10-year lease at its 488 Madison Ave. Standard Security Life Insurance Company of New York, which has provided life and disability
MG Properties acquires 215-unit community in Placentia, CA
May 10, 2022
Placentia, CA MG Properties, a private San Diego-based real estate investor, owner, and operator is further expanding their presence in the Orange County, CA with the acquisition of The Herald Apartments
Port Authority hires 100% minority contract to JRT Realty Group to lead retail leasing in Midtown bu...
May 10, 2022
New York, NY The Port Authority of New York and New Jersey and JRT Realty Group, Inc. (JRT) have entered into a multi-year contract for expert professional retail leasing and marketing services at the Midtown Bus Terminal
The who, what, where and why of pandemic apartment moves - by Chris Bruen
May 10, 2022
COVID-related disruptions and the economic, personal and professional changes that have resulted continue to unfold in the third year since the virus was initially identified. One of the most evolving aspects of this transformative event has been the housing market, both for homeowners
Suffolk County Council, Boy Scouts of America complete ribbon cutting of Council HQ in Farmingville
May 10, 2022
Farmingville, NY The Suffolk County Council and Boy Scouts of America have cut the ribbon of their new Council Office and Scout Shop. Town of Brookhaven supervisor Edward Romaine along with councilman Neil Foley welcomed the Scouts to One Independence
Goldflam of Highcap arranges $9 million sale in Coatesville, PA
May 10, 2022
Coatesville, PA Josh Goldflam, co-founder & principal of Manhattan based commercial real estate firm Highcap Group, has arranged the sale of 101 Reeceville Rd. The building is located just west of Philadelphia, and recently sold for $9 million in an all cash
REBNY’s latest Brooklyn Retail Report shows leasing activity growing in many corridors
May 10, 2022
Brooklyn, NY The Real Estate Board of New York (REBNY) released its latest Brooklyn Retail Report focused on market findings gathered in Winter 2022. Retail activity has remained strong despite recent challenges presented by supply
Standard Communities certified as “great place to work”
May 10, 2022
Los Angeles, CA Standard Communities, a national affordable housing investor and developer, has been recognized as a 2022 “Great Place to Work” based entirely on feedback from its employees. 95% percent of Standard’s employees said the company