New York City

17 years in NYC real estate - by Heidi Burkhart

In February, I will be coming up on my 18th year in real estate investment sales. Since I started, the NYC real estate industry has changed

Abramson and Olden of Buchbinder & Warren Rlty. secure 475 s/f lease

Manhattan, NY According to Buchbinder & Warren Realty Group LLC, Soft Swerve has signed a 10-year lease for 475 s/f at 379 Third Ave.

JLL Capital Markets act for Con Edison in River St. assemblage sale; Two Trees Mgmt. buys for $150m

Brooklyn, NY JLL Capital Markets sold the River Street Assemblage, located at One River St., for Con Edison. Two Trees Management Co. LLC

Innovo Property Group closes $54.25 million acquisition of 140,000 s/f warehouse; Junik and Stein of Pinnacle are brokers

Bronx, NY Innovo Property Group (IPG), a real estate investment and operating company founded by Andrew Chung and backed by Nan Fung

Columbia Pacific Advisors Bridge Lending provides $28 million loan to refinance LIC self-storage development

Queens, NY Columbia Pacific Advisors Bridge Lending, a platform within Columbia Pacific Advisors, has provided a $28 million loan to refinance

Signature Bank sponsors FHLBNY 2019 AHP grant application for CHDC

Manhattan, NY According to Signature Bank, it sponsored a Federal Home Loan Bank of New York (FHLBNY) grant application under the Affordable Housing Program, on behalf of Clinton Housing Development Co. (CHDC).

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,