Search
Story results for:
Hunt Real Estate Capital provides $192.2 million for 1,321-unit portfolio; Sponsor is a joint ventur...
August 20, 2019
New York, NY Hunt Real Estate Capital has provided $192.2 million in financing to facilitate the acquisition and rehabilitation of a multifamily portfolio located in NYC. The loans are 30-month and 36-month...
HKS closes four loans totaling $35.95 million
August 20, 2019
New York, NY HKS Real Estate Advisors, a leading New York based financial advisory and investment sales real estate firm closed the following four loans totaling $35.95 million: A $20 million, 10-year full term interest-only...
GCP Capital Group arranges nine mortgages totaling $134.95 million; Includes $50 million for an 18-s...
August 20, 2019
New York, NY GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $134.95 million for the following nine properties: $50 million for a recently renovated 18-story first class apartment/hotel property with...
Marx Realty secures $140 million loan for 10 Grand Central; provided by MetLife and arranged by Cush...
August 20, 2019
Manhattan, NY Marx Realty (MNPP), a New York-based owner, developer and manager of office, retail and multifamily property across the U.S., has secured a $140 million loan to refinance its 10 Grand Central...
Price and Geldmacher of Berkadia complete $104.27 million in financing
August 20, 2019
Bronx, NY Berkadia has completed $104.27 million in financing for Workmen’s Circle Multicare Center, a skilled nursing facility located on 3155 Grace Ave.
A short primer for U.S. companies on commercial office leasing in India - by Edward Goodman
August 20, 2019
A U.S. company setting up its business in a foreign country potentially faces many challenges, including significant cultural differences, a lack of familiarity with the legal system and available tax benefits and, in general, learning what is required to
Could New York’s new rent control laws only benefit existing tenants? - by Jonathan Lewis
August 20, 2019
There’s really no better current example of the rippling unintended consequences that result when well-meaning legislators try to fix a societal problem without considering all the potential fallout than the recent radical revision of New York’s rent control laws. Although
Commercial market report: U.S. overall and Westchester County persevere
August 20, 2019
Rye Brook, NY According to a report released from Houlihan Lawrence, the U.S. economy continues expanding more than 2% per year, while the global economy is further softening and trade disputes
Safe harbor guidance on special 1031 exchanges: How to get 360 days to complete the deal - by Pamela...
August 20, 2019
In the Northeast there are many investors with substantial nationwide real estate portfolios. These investors are often buying and selling one or more significant assets. REITs are a good example of such an investor but there are many others. At times, the
Did that just happen? Rent regulations in New York City - by Baruch Edelkopf and Evan Kaminer
August 20, 2019
As the June 15th deadline loomed, the real estate industry awoke June 12th to an early surprise—more anti-business regulations in New York. Tenant groups are declaring victory over the industry, though these laws will prove to be inherently anti-tenant. The
Architectural design, code enforcement, and construction trends in New York City for fall 2019 - by ...
August 20, 2019
I have just completed a “major alteration” in Richmond Hill, Queens and have encountered quite a few “trend-setting” changes in architectural design, code enforcement, and construction. The Building Department approval and permitting process was more
TPA 2019 will immediately affect residential and commercial landlords and tenants - by Stephen Lasse...
August 20, 2019
The Housing Stability and Tenant Protection Act of 2019 and Statewide Housing Security Protection Act of 2019 (collectively the TPA 2019) were signed into law by governor Cuomo on June 14th, and all landlords and tenants in New York will be affected by its
What’s trending right now in the office furniture industry? - by Ron Lanzo
August 20, 2019
We’ve seen a lot of trends come and go within the office furniture industry over the years, and this past year, 2019 has been no exception! For some time now, one of the biggest new trends include lower panel heights. They’ve continued to shrink to
Let’s keep a good thing going: Congress urged to save the EB-5 Program - by Debbie Klis
August 20, 2019
The November 21st, 2019 effective date of U.S. Citizenship and Immigration Services (USCIS) new EB-5 program modernization rule is approaching fast. The new rule will increase the minimum investment amount per investor to $900,000 for projects in a
In New York and across the U.S., the age of the smart city is now - by Robert Bianco
August 20, 2019
Recently, a major American newspaper with a worldwide readership published an opinion piece about smart city infrastructure written by a professor of civil engineering. In short, the engineer’s perspective was that smart cities will be expensive, “exceedingly complex to
Considering a ground lease? Consider these questions when vetting prospective ground tenants - by Ro...
August 20, 2019
In today’s real estate market, creativity is required for a deal to make sense for all parties involved. One example of this creativity is to ground lease a property instead of the conventional sale. Although ground leases are not a new concept, many people are not familiar
Give Broome County a look, so you too can #thrivenow through economic development - by Stacey Duncan...
August 20, 2019
Successful economic development is more than just an idea for a start-up. It’s more than the desire to revitalize a downtown area, or the countless contracts, permits, and applications that go into seeing a project from start to finish. While these are all components to
Daniel Gale Sotheby’s International Realty takes a “Ninja Selling” approach to real estate
August 20, 2019
Cold Spring Harbor, NY Daniel Gale Sotheby’s International Realty, (Sotheby’s) one of the nation’s leading realtors, is sold on the “Ninja Selling” approach to
Gotta have art! The new plus in design A+D - by Cindy Farkas Glanzrock
August 20, 2019
Art and architecture are no longer considered to be independent of one another or optional for a developer. Visionary developers now bring architects and artists together early in the design process rather than using art as a decorative afterthought. Art creates value in
Across the U.S., commercial real estate financing opportunities are abound as rates head lower - by ...
August 20, 2019
The U.S. economy is in its 10th year of expansion, the longest in history, but its pace has decelerated in recent months due to slowing global growth and the impact of tariffs. For the Federal Reserve, these developments have been a bane, but they are a boon for