Marcus & Millichap’s IPA Capital Markets arranges $75 million financing for office-to-residential conversion project

Manhattan, NY IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI), specializing in capital markets services for major private and institutional clients, has secured $75 million in acquisition

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.

M&T Realty Capital Corporation provided $18.75 million for an affordable multifamily housing property

Bronx, NY M&T Realty Capital Corporation® has closed a $18.75 million Freddie Mac Forward Commitment 9% LIHTC loan for The Louella, an 85-unit age-restricted multifamily housing property located in the

REBNY announces honorees for the 129th REBNY Annual

Manhattan, NY The Real Estate Board of New York (REBNY) announced the industry and civic leaders who will be honored at the REBNY Annual, New York City real estate’s signature event, on Thursday, January 16

Rutter joins Avdoo & Partners Development as executive vice president of design and marketing

Manhattan, NY According to Avdoo & Partners Development, Steve Rutter has joined the firm as executive vice president of design and marketing, overseeing project marketing and design across Avdoo’s growing

Wolfe launches consulting and advisory firm Wolfe Realty Services

Greenvale, NY Real estate entrepreneur and seasoned advisor Michael Wolfe has launched Wolfe Realty Services, his latest venture dedicated to providing expert advisory services to the real estate industry

George Comfort & Sons secures two
leases at 498 Seventh Ave.

Manhattan, NY George Comfort & Sons, Inc. has finalized two lease agreements totaling 104,000 s/f at 498 Seventh Ave., its 25-story office tower at the epicenter of Times Square South. In the larger of the two deals, George Comfort & Sons has signed a new 60,000 s/f lease with PubMatic,

Moskovic of Katz & Associates
sells two properties for $7.6m

Nanuet, NY Donny Moskovic of Katz & Associates negotiated the sale of 61 Smith St. and 300 East Rte. 59 for a combined price of $7.6 million. Moskovic represented both the buyer and the seller in this transaction. These properties have been under the same family ownership

Newmark closes sale of 2 Times Sq.
retail condo for $100 million

Manhattan, NY Newmark negotiated the sale of the retail condominium at 2 Times Sq. from Sherwood Equities to South Korea’s Bando Construction. The 25,000 s/f retail space, located at the northern anchor of the Times Sq. Bowtie at Seventh Ave. and 48^th St., sold for $100 million, or $3,900 per s/f.

Rose Associates team members graduate from REBNY Fellows Leadership Program

Manhattan, NY Three Rose Associates, Inc. employees have graduated from the REBNY’s Fellows Leadership Program. LeAnn Cremin, Omar Mahmoud and Vincent Cricco are the Rose team members who completed the leadership development training.