New York City

TerraCRG sells Brooklyn industrial building for $7.2 million

Brooklyn, NY TerraCRG has completed the sale of the industrial asset at 5701 Foster Ave. in the Canarsie neighborhood. Dan Marks, Daniel Lebor, Adam Tannenbaum and Robert Finnerty closed the deal at $7.2 million.

Kassin Sabbagh Realty sells 72,000 s/f multifamily – $17.1 million

Brooklyn, NY The multifamily division of Kassin Sabbagh Realty LLC completed the sale of 515 Ovington Ave. in the Bay Ridge neighborhood, for the seller,

Cushman & Wakefield arranges $57 million acquisition financing; loan by USAA Real Estate

Brooklyn, NY Cushman & Wakefield served as the exclusive adviser in the procurement of $57 million in acquisition financing for the multifamily condominium at 1 Flatbush Ave.,

Kalikow Group and EYC Cos. close $67 million construction financing

Huntsville, AL EYC Companies and development/equity partner The Kalikow Group, have closed on a $42 million senior secured construction loan to finance

Houlihan-Parnes Realtors place $29m first mortgage

Bronx, NY James Houlihan, Bryan Houlihan, and Christie Houlihan of Houlihan-Parnes Realtors placed a $29 million first mortgage on the 222,637 s/f office condominium at

CIT Northbridge Credit serves as lender on $20 million credit facility for Marquis Construction Services LLC

New York, NY According to CIT Group Inc., CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $20 million senior secured credit facility for

Lionheart Strategic Management and Bank OZK finalize $120 million financing

New York, NY Lionheart Strategic Management LLC, an affiliate of Fisher Brothers that manages capital on behalf of third party investors, has closed a $120 million loan with Bank OZK

NKF facilitates $18 million refinance on behalf of Novel Property Ventures

Brooklyn, NY On behalf of Novel Property Ventures, Newmark Knight Frank (NKF) has arranged an $18 million fixed-rate loan for the refinancing of 364 Lincoln Pl.

GCP Capital Group arranges 12 deals totaling $123.857 million

New York, NY GCP Capital Group LLC has arranged mortgage financing for the following properties: $29.15 million for a portfolio of four multifamily apartment buildings

Transwestern represents Goodwill Industries in 30,800 s/f lease renewal

Brooklyn, NY Transwestern Real Estate Services (TRS) represented Goodwill Industries of Greater NY and Northern NJ Inc. (Goodwill NYNJ) in its 30,800 s/f lease renewal of