Brooklyn, NY Invictus Real Estate Partners has closed a $62.25 million construction loan for a 162,000 s/f mixed-use development project in the Prospect Lefferts Gardens neighborhood. The loan will support the construction of the seven-story building
Bronx, NY Wavecrest Equities has purchased a portfolio of five buildings in the Little Italy section of the city for $28 million and assumed two existing loans on the properties totaling $20 million.
Manhattan, NY Blake Okland has joined Greystone as chief revenue officer. In this newly created role, Okland will focus on scaling Greystone’s industry-leading multifamily financing offerings and investor relationships and further leverage
Bronx, NY New York City Economic Development Corp. (NYCEDC), the New York City Department of Housing Preservation and Development (HPD), and the New York City Housing Development Corp. (HDC), in partnership with the development team Gilbane Development Co.,
Local Law 97, commonly known as the Climate Mobilization Act (CMA), was passed by New York City lawmakers in 2019. The law imposes new environmental regulations on specific buildings covered by the statutes in New York City, with the goal of reducing greenhouse gas emissions
Queens, NY BHI has provided a $65.34 millon construction loan to NuVerse Advisors LLC to finance the development of 30-55 Vernon Blvd., located in Astoria.
Manhattan, NY Douglaston Development said that 3Eleven, a 938-unit, 60-story, highly amenitized, mixed-income residential property, has leased over 50% of available inventory. Located at 311 Eleventh Ave. in West Chelsea, the property is situated
Manhattan, NY Fairstead has sold the Dunbar Apartments, a 538-unit historic residential community located in central Harlem to Isaac Herskovitz for $86.75 million. Built in 1928, the 10-building complex occupies an entire city block enclosing a private
Manhattan, NY Cresa has acquired Vicus Partners. Founded in 2007, Vicus has long been considered one of the top boutique firms in New York City, known for its roster of clients, ranging from seed-stage start-ups through Fortune 500 companies, with a focus
White Plains, NY JLL Capital Markets has arranged a $17.5 million refinancing for 2 & 4 Westchester Park Dr., two office / medical office buildings totalling 218,372 s/f. JLL worked on behalf of the borrower, Northpath Investments,
