Wells Fargo & Company’s (NYSE: WFC) Corporate & Investment Bank (CIB), has appointed Peter Cannava to lead Multifamily Capital (MFC) within its Commercial Real Estate (CRE) group. Wells Fargo’s MFC group provides financing
Bronx, NY Meridian’s Amit Doshi and Shallini Mehra closed on their exclusive at 3045 Godwin Terrace, a six-story elevator building. The 68,610 s/f property is currently configured with 74 apartments
Brooklyn, NY According to Verada, So Gold Studios signed a 10-year lease for 1,200 s/f relocating to 448 Humboldt St., just two blocks from their current home. The Landlord,
Brooklyn, NY TerraCRG has closed on the $2.25 million sale of 1818 Atlantic Ave., a property consisting of two tax lots located in Crown Hei...
The Real Estate Board of New York (REBNY) released its Quarterly New Building Construction Pipeline Report for Q4 2022. This report dissects public information on new building projects to draw historical comparisons and review the current development pipeline in New York City. This latest Construction Pipeline report should
The Fordham Real Estate Institute (REI) hosted its first “Titan Talks” event last week at the Lincoln Center campus, featuring Barbara Corcoran, founder of The Corcoran Group. The conversation was led by Bess Freedman, CEO of Brown Harris Stevens and member of REI’s Executive Advisory Council (EAC) of industry and business
Manhattan, NY Meridian Capital Group has arranged $118.5 million in financing for three properties - the Theater House, 315 Fifth Ave., and 114 West 86th St. This 10 year interest only transaction was negotiated by Meridian Senior Vice President, Simon Rosenfeld, who is based in the company’s New York City headquarters
Deciding to litigate against a commercial tenant that owes rent can be daunting. There is a minefield to cross between filing the lawsuit and obtaining an eviction or a judgment for the amount owed. It is best to be up to date and knowledgeable of the state and federal law, but the following can
Manhattan, NY Ivanhoé Cambridge said that Fox Corp. and News Corp have signed separate long-term leases, together totalling 1.156 million s/f to retain each of their corporate headquarters at 1211 Avenue of the Americas, in Midtown. The terms of their leases each have been
There are a number of potential benefits associated with exchanging into a Delaware Statutory Trust (DST) 1031 property. However, it is important to note that these potential benefits should also always be carefully weighed with the potential risks that are possible with DST
