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JLL Capital Markets arranges $27 million loan to refinance 53 Broadway

Brooklyn, NY JLL Capital Markets has closed on a $27 million loan to refinance 53 Broadway, a 74-unit multi-housing property in the Williamsburg neighborhood. JLL represented Broadway Brooklyn Acquisition, LLC, securing a five-year

GFP Real Estate signs Incubeta US Corp to 2,133 s/f lease

Manhattan, NY According to GFP Real Estate, LLC, Incubeta US Corp. (Incubeta), an international marketing and advertising agency, has signed a five-year lease for 2,133 s/f on the eighth floor of 200 Varick St. in Hudson Sq.

Marcus & Millichap brokers $13.8 million sale of historic buildings

Brooklyn, NY Marcus & Millichap completed the sale of two historic buildings. The assets sold for $13.8 million. "This sale is an example of the tremendous demand of vacant, free market redevelopment properties in North Brooklyn,” said Michael

JLL completes full floor lease at 71 Fifth Ave.

Manhattan, NY JLL has completed a full floor lease at 71 Fifth Ave., the repositioned 11-story office building in Manhattan’s Union Square and Flatiron neighborhood owned by Madison Capital and Lubert Adler Partners

Ariel Property Advisors arranges $15.875 million
sale of development site

Manhattan, NY Ariel Property Advisors (Ariel) has negotiated the sale of a development site offering nearly 50,000 buildable s/f at 250 West 30th St. in the Chelsea neighborhood. The property traded for $15.875 million. An Ariel team comprised of founding partner Victor Sozio; director Howard Raber

Duncan, Coudert and Bermingham of George Comfort & Sons lease 31,000 s/f to Taylor Dance Co.

Manhattan, NY The Paul Taylor Dance Company and George Comfort & Sons finalized an agreement for the dance organization to relocate its headquarters to George Comfort & Sons’ 307 West 38th St. tower in Midtown’s Times

Cronheim Hotel Capital secures loan
to refinance Sheraton Brooklyn

Brooklyn, NY Cronheim Hotel Capital (CHC) has secured a permanent loan on behalf of The Lam Group to refinance the existing note on the 321-room Sheraton Brooklyn New York Hotel. The fixed-rate, non-recourse, loan was executed with Deutsche Bank.

Cuartas and Rackenberg of Houlihan Lawrence
Commercial broker two sales - $4.725 million

Somers, NY Houlihan Lawrence Commercial negotiated two commercial sales in Westchester County totaling $4.725 million. In Somers, Houlihan Lawrence Commercial completed the sale of 12,723 s/f medical building

HUNT Mortgage marks 40th anniversary in mortgage industry

Buffalo, NY HUNT Mortgage, a leading name in the mortgage industry, is celebrating its 40th anniversary since its founding in 1984. Created to provide personalized home financing options to its customers and sales

The Feil Organization inks 10-year 210,334 s/f lease extension with LaGuardia Community College at Queen’s Atrium

Queens, NY The Feil Organization recognized that City University of New York’s LaGuardia Community College has extended its lease for 10 years at 30-20 Thomson Ave. within Queen’s Atrium, an eight-story office building in