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Town Title Agency sets date for ninth annual golf outing

Paramus, NJ Town Title Agency has set a date for the Ninth Annual Town Title Golf Outing, presented by the Town Title Foundation, scheduled for Monday, September 30, 2024. This event

Cohen closes 14-unit ground up construction

Ridgewood, NY According to Refined, Peter Cohen closed a 14-unit ground up condo construction loan. The transaction featured a 65% LTV, SOFR + 650

Rose Associates names two new managing directors

Manhattan, NY Rose Associates, Inc., the New York-based multifamily real estate developer and manager, has recently appointed two individuals to the role of managing director. Alex Chin

Ariel Property Advisors’ Capital
Services Group arranges two loans

East Harlem, NY The Capital Services Group for Ariel Property Advisors (Ariel) arranged two loans totaling over $14 million for an affordable housing complex in New York and an industrial outdoor storage site in Florida. Matt Swerdlow and Matt Dzbanek, both senior directors with Ariel Property

Stavsky of Stav Equities sells 6,800 s/f walk-up for $2.2 million

Bronx, NY A local private investor has purchased a newly-constructed four-story walk-up building at 1232 Fulton Ave., between East 168th St and East 169th St. in the Morrisania neighborhood for $2.2 million. The 6,800 s/f building consists of eight

OPEN Impact Real Estate and Pinnacle Realty lease 63,000 s/f to Imagine Me Leadership Charter School

Brooklyn, NY According to OPEN Impact Real Estate (OPEN), Imagine Me Leadership Charter School (IMLCS), a pre-K through eighth grade charter school, signed a 30-plus-year lease for 63,000 s/f building at 39 Truxton St. Stephen Powers, Lindsay Ornstein, and Jake Cinti of OPEN

Newmark signs 53,281 s/f of leases at 1040 Avenue of the Americas

Manhattan, NY Newmark leased 53,281 s/f of office space at Skyline Developers’ 1040 Avenue of the Americas. This series of leases, initiated since Q1 2024, includes new leases, expansions, extensions and relocations, resulting in 97% occupancy.

Rand Commercial has completed the sale of 400 Corporate Court for $11.8 million

Valley Cottage, NY Rand Commercial has completed the sale of 400 Corporate Court, a 50,000+/-s/f building on 16.9+/-acres to Realterm for $11.8 million. Realterm owns and manages transportation real estate and infrastructure assets

Tishman Speyer completes 129,500 s/f of new
leases and expansion at The Spiral

Manhattan, NY Tishman Speyer negotiated five lease agreements totaling 129,500 s/f at The Spiral, its West Midtown office tower at 66 Hudson Blvd. HSBC Bank has agreed to expand its 20-year, U.S. headquarters lease at The Spiral to over 300,000 s/f, via a 35,400 s/f expansion

3650 REIT originates $50m loan for completion of 1 Park Row

Manhattan, NY 3650 REIT (3650)has originated a $50 million loan to facilitate the completion of and upgrades to 1 Park Row, a 24-story condominium project located at the southern end of City Hall Park, on the border of Tribeca and the Financial District. The loan