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Sternhell and Vanderpool of Cignature Realty facilitate $8 million sale

Sternhell and Vanderpool of Cignature Realty facilitate $8 million sale

November 23, 2021
Manhattan, NY Cignature Realty facilitated the sale of a 5-story multifamily elevator building for $8 million.
SCALE Lending closes on $48m construction loan

SCALE Lending closes on $48m construction loan

November 23, 2021
New Rochelle, NY SCALE Lending, a Slate Property Group affiliate, closed on a $48 million construction loan for 64 Centre St. to finance the ground up
Rosewood Realty Group sells two multifamily buildings for $13m

Rosewood Realty Group sells two multifamily buildings for $13m

November 23, 2021
Manhattan, NY Rosewood Realty Group completed the sale of two contiguous five-story (rent stabilized) walk-up apartment buildings consisting of a total of
American Investment Properties names Martorana new investment sales manager

American Investment Properties names Martorana new investment sales manager

November 23, 2021
Garden City, NY According to American Investment Properties (AIP), Will Martorana has been named investment sales manager.
The underappreciated estoppel - by Thomas Kearns

The underappreciated estoppel - by Thomas Kearns

November 23, 2021
A recent Illinois case highlights the benefits of obtaining an estoppel certificate from a counter-party. Estoppel certificates typically confirm the identity of the documents that
Concourse Realty Partners sells three Bronx warehouse buildings for $15.86 million total

Concourse Realty Partners sells three Bronx warehouse buildings for $15.86 million total

November 23, 2021
Bronx, NY Concourse Realty Partners completed the sale of three adjoining warehouse buildings in the Hunts Point neighborhood: 1180 Randall Ave., 1194 Randall Ave., and
Meridian Capital Group arranges $75 million for Pi Capital Partners

Meridian Capital Group arranges $75 million for Pi Capital Partners

November 23, 2021
Queens, NY Meridian Capital Group arranged $75 million in financing to refinance Elm West, a multifamily property in the Elmhurst neighborhood on behalf of Pi Capital Partners.
Heritage Affordable Communities acquires two props.

Heritage Affordable Communities acquires two props.

November 23, 2021
Yonkers, NY Alex Hajibay’s Heritage Affordable Communities acquired an 88-unit property for $15.7 million. The property, located at 34 Highland Ave., was constructed in
Marcus & Millichap arranges sale of 80,004 s/f

Marcus & Millichap arranges sale of 80,004 s/f

November 23, 2021
Evans Mills, NY Marcus & Millichap arranged the sale of Storage Made EZ, a 80,004 s/f self-storage facility, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.
CBRE arranges nine leases totaling 78,590 s/f in Westchester

CBRE arranges nine leases totaling 78,590 s/f in Westchester

November 23, 2021
CBRE arranged five new leases and renewals totaling 72,257 s/f on behalf of Senlac Ridge Partners’ seven-building, 970,476 s/f portfolio of Westchester office properties.
LCOR breaks ground on Coney Island housing development

LCOR breaks ground on Coney Island housing development

November 23, 2021
Brooklyn, NY LCOR, a fully integrated real estate investment, development, and management company, broke ground on its newest development at
X-Caliber Capital unveils new lending  platform: X-Caliber Rural Capital

X-Caliber Capital unveils new lending platform: X-Caliber Rural Capital

November 23, 2021
Irvington, NY X-Caliber Capital, a national, direct commercial real estate lender, launched its newest company, X-Caliber Rural Capital, a licensed U.S. Department of Agriculture (USDA) lender that
JLL Capital Markets secures $167m condominium inventory financing

JLL Capital Markets secures $167m condominium inventory financing

November 23, 2021
Manhattan, NY JLL Capital Markets secured $167 million in condominium inventory financing for Jolie at 77 Greenwich St., a 90-unit condominium tower in
Mid Hudson Construction Management finishes Firehouse Lofts renovation project in Poughkeepsie

Mid Hudson Construction Management finishes Firehouse Lofts renovation project in Poughkeepsie

November 23, 2021
Poughkeepsie, NY In its ongoing commitment to economic development in Dutchess County, Mid Hudson Construction Management (MHCM) revealed the recently completed renovation of
TAYLOR named one of Rochester’s Top 100

TAYLOR named one of Rochester’s Top 100

November 23, 2021
Rochester, NY TAYLOR, a leading regional general contractor, has been recognized as one of Rochester’s Top 100 for 2021, ranking
Simi Capital acquires six-acre LI property with  Cerberus Capital Management for $15 million

Simi Capital acquires six-acre LI property with Cerberus Capital Management for $15 million

November 23, 2021
Syosset, NY Simi Capital (SC), a real estate investment firm focused on various equity and debt strategies, acquired a Long Island industrial property for
Arden Group provides $57 million loan for Margaritaville Resort Times Sq.

Arden Group provides $57 million loan for Margaritaville Resort Times Sq.

November 23, 2021
Manhattan, NY Arden Group, a fully integrated real estate company, has originated a two-year, $57 million mezzanine loan for the Margaritaville Resort Times Square, a
ERG Commercial exclusively lists Freeport waterfront property

ERG Commercial exclusively lists Freeport waterfront property

November 23, 2021
Freeport, NY Staten Island Yacht Sales, a boat sales/brokerage firm, is selling its waterfront location. ERG Commercial of Carle Place has the exclusive listing for 1 Woodcleft Ave., with broker Anthony Flaccomio.
Meridian Capital Group Arranges $9.5 Million in Acquisition Financing for a Retail Condominium on Second Ave. in Manhattan

Meridian Capital Group Arranges $9.5 Million in Acquisition Financing for a Retail Condominium on Se...

November 2, 2021
New York, NY – Meridian Capital Group, America’s most active dealmaker, arranged $9.5 million in acquisition financing for the purchase of the retail condominium located
Topaz Capital Expands Their Multifamily Footprint to the Florida Space Coast

Topaz Capital Expands Their Multifamily Footprint to the Florida Space Coast

November 2, 2021
Melbourne-Palm Bay, FL - New York City-based Topaz Capital Group LLC has expanded their multifamily footprint to the Florida Space Coast with the latest acquisition of Harbor