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Stolly, Roeschlaub, Fromm and Egert of NKF secure $23.5 million loan

Stolly, Roeschlaub, Fromm and Egert of NKF secure $23.5 million loan

December 18, 2018
Manhattan, NY Newmark Knight Frank’s Debt & Structured Finance team has secured $23.5 million in refinancing on behalf of Stone Street Properties (SSP) for 16 East 18th St. The NKF team was led by vice chairmen Dustin Stolly and Jordan Roeschlaub and included senior managing director Daniel Fromm and associate director Josh Egert.
S3 Capital Ptrs. originates $75 million senior construction loan

S3 Capital Ptrs. originates $75 million senior construction loan

December 18, 2018
Bronx, NY S3 Capital Partners has originated a $75 million construction loan for 210 East 135th St. The property is situated on a 48,976 s/f lot and has a gross buildable of 315,000 s/f. The financing will fund the development of 237 residential rental apartments and a 3,000 s/f commercial space. The property is located in the much sought-after Mott Haven neighborhood. Construction is ongoing and foundation work has been completed.
Oheb and Neumann of Meridian Capital Group arrange $11.3 million; Loan placed on behalf of Residential Development Group

Oheb and Neumann of Meridian Capital Group arrange $11.3 million; Loan placed on behalf of Residenti...

December 18, 2018
Brooklyn, NY Meridian Capital Group arranged $11.3 million in financing for the construction of a multifamily development on behalf of Residential Development Group.
KZA Realty Group completes three  Bronx commercial leases totaling 3,917 s/f

KZA Realty Group completes three Bronx commercial leases totaling 3,917 s/f

December 18, 2018
Bronx, NY KZA Realty Group has closed three commercial leases totaling 3,917 s/f.
Fotis and Renicker of Marcus & Millichap arrange sale of two apartment buildings totaling $11.8 million

Fotis and Renicker of Marcus & Millichap arrange sale of two apartment buildings totaling $11.8 mill...

December 18, 2018
Brooklyn, NY Marcus & Millichap has completed the sale of two rare apartment buildings in the Cobble Hill neighborhood, according to John Krueger, regional manager of the firm’s Manhattan office. The asset sold for $11.8 million.
Lipton and Levine of Invictus broker $6.7 million sale

Lipton and Levine of Invictus broker $6.7 million sale

December 18, 2018
Manhattan, NY Josh Lipton and Andrew Levine of Invictus Property Advisors have brokered the $6.7 million sale of 22 West 90th St. on the Upper West Side. The nine-unit multifamily building was renovated with new kitchens, bathrooms, wood-flooring and recessed lighting.
Guarino of Friedman-Roth reps seller in $56.625 million sale; Hershberg of Friedman-Roth procures buyer, The Lightstone Group

Guarino of Friedman-Roth reps seller in $56.625 million sale; Hershberg of Friedman-Roth procures bu...

December 18, 2018
Manhattan, NY Friedman Roth Realty Services has brokered the sale of two properties on the southeast corner of Broome and Bowery on the Lower East side. The deal closed for $56.625 million for three separate blocks and lots and two separate sellers, with a total buildable of 70,000 s/f from all three sites combined.