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Arbor Realty Trust funds $9.3 million for 91 units
July 16, 2019
Miami, FL Arbor Realty Trust, Inc. funded a $9.3 million bridge loan. Arbor provided the loan, with a 24-month term, for the acquisition of Arlington Manor
O’Connell, Liranzo, Jacobs Casiano-Romain, Catalano, and Turkin join Houlihan Lawrence as new age...
July 16, 2019
Yonkers, NY Six new agents have joined Houlihan Lawrence. Barbara O’Connell, who has 17 years of experience in real estate sales, joins Houlihan Lawrence from Better Homes & Gardens Rand w
Busillo named partner at Eversheds Sutherland
July 16, 2019
New York, NY John Busillo has joined Eversheds Sutherland as a partner in the Real Estate Practice group. Busillo, a 30-year real estate veteran
Loeb & Loeb boosts real estate practice group with addition of Strauss
July 16, 2019
New York, NY Peter Strauss has joined Loeb & Loeb LLP’s real estate practice as a partner. He advises both domestic
Levine and O’Connell join King & Spalding
July 16, 2019
New York, NY King & Spalding has added real estate lawyers Scott Levine and Christine O’Connell as partners in the Corporate
Pryor Cashman LLP holds 10th Annual R.E. Cocktail Reception
July 16, 2019
New York, NY National law firm Pryor Cashman LLP hosted its 10th Annual Real Estate Cocktail Reception at the Times Sq. EDITION Hotel. The firm brought together more than 200 attendees from the real estate space, comprised
Alvarez joins Family First Funding Private Client Group
July 16, 2019
New York, NY Family First Funding LLC Private Client Group said that Sarah Alvarez has joined the team led by her mother, one of the nation’s leading
Marcus & Millichap agent for 36 Walker Street
July 16, 2019
New York NY Marcus & Millichap has been selected to exclusively represent 36 Walker Street Properties LLC in the sale of 36 Walker St., according to John Krueger, regional manager of the firm’s Manhattan office.
Bohemia Realty Group grows 25% in Q1 2019
July 16, 2019
New York, NY Bohemia Realty Group, a full-service real estate brokerage specializing in the sale and leasing of residential and commercial properties in Upper Manhattan and the Bronx, as well as the greater New York City area,
Rights of first refusal - by Bryan Anderson and Thomas Kearns
July 16, 2019
Rights of first refusal (ROFRs) in real estate transactions are common, as is the litigation surrounding them. One of the reasons for the frequency of litigation is that, if not thoughtfully and carefully drafted, ROFRs can be broader reaching than intended and can obstruct future deals.
Executive of the Month: Robin of Levien & Co. brings best practices to clients, with a focus on deli...
July 16, 2019
New York, NY The New York Real Estate Journal (NYREJ) sat down with Allison Robin, a principal at Levien & Co., for a question and answer session.
NYREJ: Can you share a little about your firm and how it has evolved?
Robin: Levien & Co. was founded 27 years ago as a response to Ken Levien’s
HFFS advises on $1.25 billion medical office portfolio
July 16, 2019
New York, NY HFF Securities, L.P. (HFFS) and Holliday Fenoglio Fowler, L.P. (HFF) advised CNL Healthcare Properties, Inc. on its $1.25 billion sale to Welltower Inc. of a 55-building Class A medical office portfolio. HFFS was engaged in 2018 to act
Beer and Solomonov of Greiner-Maltz sell two buildings to Alpha Equity
July 16, 2019
Brooklyn, NY According to Greiner-Maltz, William Segal of Alpha Equity Group has purchased 4401 2nd Ave. and 222 44th St. in the Sunset Park section of the borough from Mesorah Publications. The buildings will be developed primarily for industrial use, with a component of commercial office.
Avison Young arranges Norris McLaughlin lease at 7 Times Square Tower; Levin, Kahn, Turchin and Merc...
July 16, 2019
New York City, NYMitti Liebersohn, president and managing director for Avison Young, said the firm has arranged a new 10-year, 27,488 s/f lease for Norris McLaughlin across the entire 21st floor at 7 Times Sq. Tower, the 47-story, 1.2 million s/f Class A office building located in the heart of Midtown Manhattan.
11th Annual NYC Real Estate Expo set for October 24
July 16, 2019
New York, NY A residential panel discussion featuring several of the region’s industry experts will be a highlight of the 11th Annual New York City Real Estate Expo, set for October 24, at the New York Hilton Midtown Hotel.
Arbor funds $4 million Freddie Mac SBL deal
July 16, 2019
Brooklyn, NY Arbor Realty Trust, Inc. funded a Freddie Mac SBL deal. 2402 Gerritsen Ave., a mixed-use property, received $4 million in refinance funding through the program. The loan includes a 10-year hybrid term on a 30-year amortization schedule.
Ariel Property Advisors sells two-building package for $8M; Kelly and Khukhashvili rep seller, Itzha...
July 16, 2019
New York, NY Ariel Property Advisors has facilitated the sale of 99 & 103 Atlantic Ave., two mixed-use buildings in Brooklyn Heights’ Historic District. The pair of four-story buildings sold for $8 million, or $736 per s/f, with a 5.25% cap rate.
Private investment remakes Mount Vernon
July 16, 2019
Mount Vernon, NY The city of Mount Vernon, in Westchester County is getting smarter. The community, which is just 22 minutes away from mid-town Manhattan via the Metro North Railroad, inked a contract with Hollywall Development Company
Hunt sells 17,000 s/f; Schacker Realty reps buyer, SBG Distribution
July 16, 2019
Mineola, NY Hunt Corporate Services, Inc. said that SBG Distribution has purchased the 17,000 s/f industrial building at 257 East Second St. David Hunt represented the seller, Great Neck Saw Manufacturers, Inc., while the buyer was represented by Joicey Varughese
Savills completes 252,452 s/f HQ renewal/expansion at One SoHo Square; To Flatiron Health; Newmark K...
July 16, 2019
New York, NY Savills has completed a 10-year, 252,452 s/f lease renewal and expansion for Flatiron Health at Stellar Management and Imperium Capital’s One SoHo Sq., a newly-renovated class A office complex on the border of SoHo and Hudson Sq.