New York City

CBRE leads CoStar's 2015 midyear Manhattan office leasing list; Posts 22 of the top 50 deals

CBRE Group, Inc. turned in the top performance on the 2015 Midyear List of Top Office Leases, responsible for 22 of the top 50 transactions,...

Kaufman Organization completes 9,500 s/f lease at 100-104 Fifth Avenue

Clarion Partners, a leading real estate investment adviser and owner of 100-104 Fifth Ave. on behalf of one of its commingled funds, has com...

Eastern Consolidated chosen to market 507 West 24th Street

Eastern Consolidated has been named the exclusive agent to market 507 West 24th St., a newly constructed, one-story commercial property situ...

Zegen of MRC negotiates $37 million for three Queens properties

Madison Realty Capital (MRC) has provided $37 million of financing collateralized by three properties located in the neighborhoods of Jamaic...

Schwartz and Herzog of JLL secure $21 million in financing

On behalf of ASH NYC LLC, JLL's Capital Markets experts have secured $21 million in construction financing for 336 Himrod St., a mixed-used,...

Herz of Boston Realty Advisors secures $14.75 million in financing

Boston Realty Advisors (BRA) has arranged senior secured debt financing for the acquisition and repositioning of Casco Crossing, a 96-unit c...

New York Life Real Estate Investors places $33 million for 146,000 s/f office

New York Life Real Estate Investors placed the financing, on behalf of institutional investors, of 51 Sleeper St., a 146,000 s/f office prop...

Holding period requirements in a 1031 exchange: Not just a matter of time. Intent is key.

Property must be "held" for investment or business use (a "qualified purpose") in a 1031 tax-deferred exchange. This requirement applies to...

Citizens Bank loans $6.1 million to Wildtree Herbs

Citizens Bank closed a $6.1 million loan for Wildtree Herbs Inc., a direct seller of all-natural and organic gourmet culinary blends, infuse...

Cornerstone Realty Capital arranges financing for two properties - $3.25 million

Cornerstone Realty Capital arranged $2.45 million in financing on behalf of its client, 3-5 Maple Ave. LLC. The funds will be used to refina...