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Brisa Builders Development LLC and Glenmore Managers LLC get the green light to start construction on Glenmore Manor

Brooklyn, NY Residents and business owners of Brownsville gathered together with Glenmore Manor Managers LLC to celebrate the groundbreaking ceremony for the construction of Glenmore Manor. Brisa Builders Development (BBD) is the leader of the joint venture entity Glenmore Manor Managers LLC. Composed of BBD, African American Planning Commission Inc., and Lemle & Wolff Companies, Glenmore Manor

Cohen of Refined arranges $11.972 million mortgage

Bronx, NY Refined,announced the successful closing of a $11.972 million commercial mortgage for a modern multifamily property located i...

Hach of Refined arranges two commercial mortgages

Brooklyn, NY Joe Hach, partner at Refined, recently arranged two commercial mortgages. The first transaction, a $10.5 million bridge loan, was collateralized by two rent-stabilized multifamily properties

X-Caliber releases whitepaper on office and hotel conversions into multifamily

Irvington, NY X-Caliber, a national, direct commercial real estate lender focused on impact lending, has released a whitepaper on the office and hotel -to-multifamily conversion trend in wake of low occupancies and some struggling properties

Rockabill Consulting secures $89 million for Catholic Homes New York

to build new affordable and supportive housing

Bronx, NY Rockabill, a leading consultant and development partner for the affordable and supportive housing industry, announced that it has secured $89 million on behalf of Catholic Homes New York, a division within Catholic Charities of the Archdiocese

Wells Fargo’s CLI group closed $780.3 million in financing for five affordable housing projects

Wells Fargo’s Community Lending and Investment (CLI) group has closed on $780.3 million in financing for five New York City-area affordable housing projects. CLI provided a total of $250.6 million in debt and equity financing to Gilbane Development Company, The Hudson Companies and MHANY Management for Peninsula Phase 2, the second phase of the redevelopment of the former Spofford Juvenile Detention Facility

Spectorgroup welcomes three new hires

Leading global architecture and interior design firm Spectorgroup is thrilled to announce the addition of three new hires to its New York team. The new team members bring a wealth of knowledge to the firm, further strengthening Spectorgroup's ability to deliver thoughtful, research-based design strategies to its clients

1st Annual CIBS W Nine and Dine Golf Outing

Smithtown, NY On Tuesday, September 26th, CIBS W's 1st Women’s Annual 9 & Dine Golf Outing will take place at Stonebridge Golf & Country Club. A portion of the proceeds will benefit Pink Cans 4 Cancer. For more information

Lightstone Capital names Lyons head of origination for the Southeast and Central regions

Manhattan, NY Lightstone said that Brad Lyons has joined Lightstone Capital, a real estate debt platform that provides sponsors with flexible, creative and immediate financing solutions. Lyons will serve as head of origination for the Southeast & Central regions. 

Mastromonaco of Atlantic Retail reps. Life Time in 53,000 s/f lease at Vornando’s PENN 1 building

Manhattan, NY Life Time is entering into a lease agreement with Vornado Realty Trust to occupy more than 53,000 s/f on the first three floors of the redeveloped 57-story PENN 1, located adjacent to Madison Square Garden.