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LLC agreement issues for co-investors - by Thomas Kearns

Limited liability companies or “LLCs” are used to hold the vast majority of U.S. real estate investments. Outside of REITs and other corporate owned real estate, investments of any significant size typically include a large institutional capital partner and

The Lombardi apartments spotlight their Italian heritage in downtown New Rochelle

The modern Lombardi residential apartments proudly wave the flag for the Italian city Guardia Lombardi, in Avellino, Italy. From the country that is well known for art, pizza, fashion, pasta, opera, Christopher Columbus, Maserati

The Watermark at Brooklyn Heights senior community appoints Bertini executive director

Brooklyn, NY Rocco Bertini, CDAL, has joined The Watermark at Brooklyn Heights, a 275-unit senior living residence at 21 Clark St., opening this spring, as executive director. The Brooklyn Heights location is

Metropolitan Realty Assocs. names Jaffe senior associate

Manhattan, NY Paul Jaffe joined Metropolitan Realty Associates (MRA), a privately held real estate investment and development firm, as senior associate. He assists in underwriting and structuring new acquisition opportunities,

Shawmut celebrates 5th annual Women in Construction Week

New York, NY Shawmut Design and Construction celebrated Women in Construction Week nationwide and through various industry events hosted by its local office. In an industry that’s 10% women, the firm joined in the

Newmark Knight Frank negotiates $20.5 million for Infinity Real Estate; Financing by Bridge Investment Group

Staten Island, NY On behalf of Infinity Real Estate, Newmark Knight Frank (NKF) has arranged a $20.5 million floating-rate loan for the acquisition of the Shops at Richmond Ave. The NKF team was led by vice chairmen and

Owner’s right to access an adjacent property under construction - by Raymond Castronovo

During any construction project, there often arises a need for construction activities to encroach upon an adjacent property. In fact, local building codes often require the owner of a construction project to protect and safeguard persons and

Hastings Capital completes total renovation for 327 Skidmore Rd. in Deer Park, Long Island

Deer Park, NY Hastings Capital, LLC continues to demonstrate an ongoing commitment to excellence and to turning Long Island’s underperforming properties into valuable resources. 327 Skidmore Rd. is Hastings’ latest turn-around.

Phillips of Largo places $49.5 million permanent financing

Buffalo, NY Jack Phillips, principal of the Largo Group of Cos., secured a $49.5 million permanent first mortgage to refinance the existing debt on a 478,000 s/f class A office facility.

Dunne, Bardsley, Neuer, Gavin, Pride and MacKenzie of CBRE’s Institutional Properties close $42.5 million

White Plains, NY CBRE’s Institutional Properties’ Jeffrey Dunne, Steven Bardsley, Jeremy Neuer, David Gavin, Gene Pride and Stuart MacKenzie closed on the $42.5 million sale of Grand Street Plaza. The CBRE team represented the seller, an