New York City

Sozio, Shkury, Tortorici and Deutch of Ariel broker $7.3 million sale; Served as exclusive agents for seller and procured buyer

Ariel Property Advisors has completed the sale of a Washington Heights corner development site at 4452 Broadway featuring 74.5 ft. of fronta...

Chudnoff and Turkewitz of JLL represent subtenant in 29,416 s/f sublease

Jones Lang LaSalle has completed a sublease, totaling 29,416 s/f, for Alloy Digital LLC with Liquidnet Holdings Inc. at 498 Seventh Ave. The...

Eastern Union Funding arranges $15 million in financing

Commercial mortgage brokerage firm Eastern Union Funding has arranged $15 million in financing for industrial properties located in the New ...

NCB arranges $51 million for 17 N.Y. area properties

National Cooperative Bank (NCB) arranged $51 million in new financing activity for 17 New York area properties, according to Edward Howe III...

SL Green completes $925 million bridge financing

According to SL Green Realty Corp., $925 million in bridge acquisition financing was arranged for the Sony Building at 550 Madison Ave. Th...

Meridian finances six mortgages totaling $80.17m

Meridian Capital Group, LLC has negotiated the following six mortgages totaling $80.17 million: * A new $3.52 million mortgage on an eight-u...

Centerline provides $6 million refinance loan in N.J.

Centerline Capital Group has provided a $6 million Fannie Mae DUS mortgage to refinance 2339 Hudson Terrace, a cooperative multifamily prope...

Tax relief: Calculating a casualty loss deduction

A Casualty Loss Deduction is measured by the lesser of (a) reduction and fair market value of the property as a result of the event or (b) t...

Property Group Partners acquires the fee interest for Capitol Crossing

Property Group Partners has acquired the fee interest for three blocks of the recessed portion of I-395. Preliminary work on the 2.2 million...

UC Funding structures and closes $4.75 million bridge loan in Columbia, S.C.

UC Funding LLC has funded a $4.75 million bridge loan to purchase and renovate a 180 unit, class C apartment complex. The sponsor is an expe...