New York City

SquareFoot raises $16 million in Series B funding

New York, NY SquareFoot  unveiled a $16 million Series B funding round led by DRW Venture Capital (DRW VC). Existing investors, including Triangle Peak Partners, RRE, Rosecliff, and senior real estate executives, also joined the round.

GCP Capital Group arranges nine mortgages totaling $108.625 million

Manhattan, NY GCP Capital Group LLC has arranged mortgage financing totaling $108.625 million for the following properties: $25 million for a five-story multifamily apartment building containing 80 units and two stores, located in Long Island City.

Thor Equities refinances 267,226 s/f property; $92.2 million financing provided by MetLife

Brooklyn, NY Thor Equities Group has refinanced 180 Livingston St. for $92.2 million, according to company executives. Acquired by Thor Equities in 2015, 180 Livingston St. features 267,226 s/f of office and retail space. Nearly 100% occupied,

Hunt Real Estate Capital provides a $5.2 million Freddie Mac loan

Bronx, NY Hunt Real Estate Capital provided a $5.2 million Freddie Mac Small Balance Loan to refinance a multifamily property located at 295 East 149th St. The property is a six-story walk-up,

Eastdil Secured arranges $1.25 billion refinance for Paramount Group

Manhattan, NY Paramount Group, Inc. as completed a $1.25 billion refinancing of 1633 Broadway, a 2.5 million s/f office building located on Broadway between 50th and 51st Sts. The new 10-year interest-only loan has

Romer Debbas welcomes Bier as partner

New York, NY According to Romer Debbas, LLP, Rick Bier, Esq. has joined the firm as a partner. Bier equally focuses on corporate and business transactions; real estate and land use; and taxation, trusts and estates.

Bretz & Coven, LLP expands law practice with new office in the Bronx

Bronx, NY According to Bretz & Coven, LLP, the firm has opened a new office located at 2555 Grand Concourse. A grand opening and ribbon cutting ceremony were held on November 22nd. This is the firm’s third location.

Fisher Brothers and Blue Bottle Coffee reach agreement for 953 s/f at 1345 Avenue of the Americas

Manhattan, NY Fisher Brothers has reached an agreement with the café chain Blue Bottle Coffee, which will become the third major food and beverage brand to open a new location at the base of 1345 Avenue of the Americas,

Arker Cos. celebrates with NYCHA turkey donations

Brooklyn, NY To celebrate Thanksgiving, the Arker Cos., in partnership with Omni New York, Dabar Development Partners and Bedford Stuyvesant Restoration Corp., hosted a giveaway of over 2,600 turkeys to New York City Housing Authority (NYCHA) residents

Cotsalas and Delitsky of NorthMarq secure $17 million permanent financing

Queens, NY Charles Cotsalas, senior vice president/senior director of NorthMarq’s Long Island office and Robert Delitsky, senior vice president/managing director of NorthMarq’s New York City office collaborated to arrange a $17 million