New York City

How important is your FICO score when applying for mortgage

A credit score, also fondly referred to as the FICO score (named after the company that jump started the system - Fair Isaac and Company) af...

Financial issues in a 1031 Exchange and what to do

The goal of a 1031 exchange is to defer the capital gain taxes that would otherwise be due when a taxpayer sells a property at a profit. The...

GCP Capital Group arranges financing for five properties totaling over $43.362 million

GCP Capital Group LLC, one of the nation's most active companies specializing in investment real estate finance, has arranged mortgage finan...

ULI hosts financial regulation program on CRE investments; Feinberg Of Ackman-Ziff, Moderator

Urban Land Institute's New York District Council (ULI New York) hosted a sold-out panel discussion entitled "Construction Technologies & Met...

CPC secures $250 million in financing from CITI, HDC and HPD; For nearly 6,000 units of affordable housing

The Community Preservation Corporation (CPC), a leading mortgage lender for multifamily affordable housing, has secured $250 million in fina...

Meridian Capital Group arranges $128 million in acquisition financing for development site; on behalf of JDS Development Group located on First Avenue

Meridian Capital Group, LLC, a leading national commercial real estate finance and advisory firm, recently negotiated acquisition financing ...

Swig Equities, LLC completes 11 leases totaling 144,000 s/f in Financial District

According to Kent Swig, president of Swig Equities, LLC, the firm has completed 11 leasing transactions in its Financial District commercial...

The Orbach Group acquires 210, 220 and 230 West 107th Street for $70 million from Dermot Company

The Orbach Group has acquired a three-building NYC apartment portfolio, totaling 178 rental units, for $70 million, from Dermot Company. Wit...

Jungreis, Kooris and Scheer of Rosewood Realty Group handle two sales- $5.365 million

Rosewood Realty Group has closed a $4.015 million sale at 60 East 196th Street in the Fordham Manor section of the Bronx. The 62,548 s/f fiv...

CBRE brokers 130,000 s/f lease to Liberty Mutual at 55 Water Street; Gerla, Tighe, Fiddle and Haskel represent the tenant and New Water Street Corporation

Liberty Mutual Insurance has signed a 10-year lease with New Water Street Corp., the owner and manager of 55 Water St. At 54 stories and 3.8...