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B6 Real Estate Advisors facilitates two sales totaling $28.16 million

B6 Real Estate Advisors facilitates two sales totaling $28.16 million

August 24, 2021
Queens, NY According to B6 Real Estate Advisors, the firm has closed two sales totaling $28.16 million.
Klosed Properties acquires Brooklyn multifamily

Klosed Properties acquires Brooklyn multifamily

August 24, 2021
Brooklyn, NY According to Klosed Properties’ Steven Kachananian and Adam Hajibai, they have completed the acquisition of 211 Irving Ave., located in the
Samanea New York leases 6,300 s/f to golf simulator X-Golf

Samanea New York leases 6,300 s/f to golf simulator X-Golf

August 24, 2021
Westbury, NY Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd., has signed a new entertainment tenant. X-Golf, a golf simulator,
Property of the Month: Rand Commercial exclusively lists 120-acre Pierson Lakes community for $10.5 million

Property of the Month: Rand Commercial exclusively lists 120-acre Pierson Lakes community for $10.5 ...

August 24, 2021
Sloatsburg, NY Tucked into the northern reaches of Rockland County and just 29 miles from New York City, a 120-acre wooded and lakeside parcel in the private gated community of
Black Bear Capital Partners arranges $46.6 million permanent financing

Black Bear Capital Partners arranges $46.6 million permanent financing

August 24, 2021
New York, NY According to Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, it has arranged $46.6 million in
Rosenberg & Estis, P.C. represents TF Cornerstone in $385m construction loan for Pacific Park project

Rosenberg & Estis, P.C. represents TF Cornerstone in $385m construction loan for Pacific Park projec...

August 24, 2021
Brooklyn, NY Rosenberg & Estis, P.C. facilitated a $385 million construction loan with Wells Fargo Bank N.A., as administrative agent for itself and
Cushman & Wakefield facilitates $106 million acquisition financing

Cushman & Wakefield facilitates $106 million acquisition financing

August 24, 2021
Brooklyn, NY Cushman & Wakefield has arranged $106 million in acquisition financing for the purchase of the office condominium located at 12 MetroTech Center.
Real estate PR challenge: Promoting the post pandemic office - by Harry Zlokower

Real estate PR challenge: Promoting the post pandemic office - by Harry Zlokower

August 24, 2021
New York opened in June. That was the good news. Not so promising was the commercial real estate picture. By the end of September only 62% of office workers could be expected to return, mostly
Cypress Capital Group celebrates full lease-up of 201 East 26th St., designed by Workshop DA

Cypress Capital Group celebrates full lease-up of 201 East 26th St., designed by Workshop DA

August 24, 2021
New York, NY According to Cypress Capital Group, its multifamily development at 201 East 26th St. has fully leased its residential units.
Robert Martin Co. sells Tarrytown office  bldg. for $8.85 million; RM Friedland is broker

Robert Martin Co. sells Tarrytown office bldg. for $8.85 million; RM Friedland is broker

August 24, 2021
Tarrytown, NY Robert Martin Company, one of the largest real estate management and development firms in Westchester County, has completed the sale of 555 White Plains Rd.
Camber Property Group and HCCI acquire The Johanna Apartments for $30 million

Camber Property Group and HCCI acquire The Johanna Apartments for $30 million

August 24, 2021
Manhattan, NY Camber Property Group completed the $30 million acquisition of The Johanna Apartments, a 60-unit, 100% project based Section 8 property across
Rosewood Realty Group closes $31 million 12-building portfolio sale in Miami Beach

Rosewood Realty Group closes $31 million 12-building portfolio sale in Miami Beach

August 20, 2021
New York, NY According toRosewood Realty Group's National Brokerage Division, they have sold a 12-building portfolio in Miami Beach for $31 million.
ACRE Solutions partners with Silverpeak and Capstone to expand real estate secondaries market

ACRE Solutions partners with Silverpeak and Capstone to expand real estate secondaries market

August 3, 2021
New York, NY Phil Barker and Sam Khatib, former executives of CBRE Capital Advisors, are launching a new venture, ACRE Solutions, to serve and foster the secondary market for limited partnership positions in open- and closed-end real estate funds and direct assets. The firm is backed by partnerships with Silverpeak and Capstone Equities
IREON welcomes Pal Environmental Services onto its membership roster

IREON welcomes Pal Environmental Services onto its membership roster

August 3, 2021
Westbury, NY IREON welcomes Pal Environmental Services onto its membership roster to hold the exclusive Asbestos / Lead & Mold Remediation and Building Demolition category.
IREON welcomes Bargold Storage Systems onto its membership roster

IREON welcomes Bargold Storage Systems onto its membership roster

August 3, 2021
Westbury, NY IREON welcomes Bargold Storage Systems onto its membership roster to hold the exclusive Interior Storage Units category.
If it looks like a ground lease… What makes a lease a “ground lease” & why it matters - by Dena Cohen

If it looks like a ground lease… What makes a lease a “ground lease” & why it matters - by Den...

August 3, 2021
If you want to know the legal definition of a “ground lease” you are likely to find it defined in source material by reference to set of common characteristics associated with ground leases.
Tri State Commercial Realty acquires Precision Realty Group, rebrands as TSC Precision

Tri State Commercial Realty acquires Precision Realty Group, rebrands as TSC Precision

August 3, 2021
Brooklyn, NY Tri State Commercial Realty, a commercial real estate advisory and brokerage firm in New York City, has acquired Precision Realty Group, which has offices in Philadelphia and Berwyn, PA.
The Agency Issues Request for Proposals & Statement of Qualifications

The Agency Issues Request for Proposals & Statement of Qualifications

August 3, 2021
Johnson City, NY The Agency, Broome County Industrial Development Agency and Local Development Corporation, in partnership with Broome County Executive Jason Garnar and Broome County
Logical Buildings and AvalonBay Partner with Groundbreaking for Indoor Lithium Battery Storage at Avalon White Plains

Logical Buildings and AvalonBay Partner with Groundbreaking for Indoor Lithium Battery Storage at Av...

August 3, 2021
WHITE PLAINS, NY AI innovator Logical Buildings, in collaboration with AvalonBay Communities, Inc., has installed the first indoor lithium-ion battery storage unit in New York State
Progress Capital Arranges $19 Million Construction Loan For Multifamily Hi-Rise in East Orange

Progress Capital Arranges $19 Million Construction Loan For Multifamily Hi-Rise in East Orange

August 3, 2021
East Orange, NJ A complete transformation is underway for 45 South Grove St. The former site of the Blood Center of New Jersey which