Front Section

TF Cornerstone acquires multi-housing property for $71 million and secures $35.5M financing from JLL

New York, NY JLL Capital Markets has arranged the $70.77 million sale and $35.50 million acquisition financing for The Berkley, a 95-unit residential rental property at 223 North 8th St. to NYC-based real estate developer TF Cornerstone

LLC Rho expands to 6,927 s/f at 100 Crosby St.

New York, NY According to GFP Real Estate, LLC Rho, a tech-forward financial service platform, has signed a three-year lease for 6,927 s/f of office space on the sixth floor of 100 Crosby St. The company, which has been in the building since 2020, added an additional

Columbia Property Trust signs full floor lease with Cadre at 315 Park Ave. South

New York, NY Columbia Property Trust, Inc. has secured a full-floor lease with Cadre at 315 Park Ave. South, a 20-story boutique office building just off Madison Square Park. Cadre is a technology-driven real estate investment platform geared toward both institutional and

Ariel Property Advisors closes three properties for a total of $13 million

New York, NY Ariel Property Advisors has arranged the sale of three properties for $13 million. Two adjacent, free market buildings delivered vacant at 621 & 623 Union Ave. in Williamsburg, sold for $5.5 million, or $891 per s/f. The two properties totaled 6,173 s/f

Ashland Capital Partners and Pembroke Residential Holdings secure $100 million of construction financing for 154 unit affordable senior apartment project

New York, NY Asland Capital Partners (“Asland”) and Pembroke Residential Holdings (“Pembroke”) have secured $100 million in financing to begin the development of 1940 Turnbull Ave., a 154-unit affordable residential property

FTI Consulting’s Real Estate Solutions Practice announces new leadership

New York, NY Jahn Brodwin and Ingrid Rivera Noone have been appointed co-leaders of FTI Consulting, Inc. (NYSE: FCN) Real Estate Solutions practice. “As co-leaders of our real estate industry practice, Jahn and Ingrid bring

Kramer Levin hosts Spring Cocktail Reception

On Tuesday May 10, Kramer Levin’s esteemed Real Estate and Land Use groups hosted a spring cocktail reception outside on the patio of Bryant Park Grill in Manhattan’s Bryant Park. The well-attended spring kick-off event drew nearly 300 key players from the New York

CoreNet NYC announce 2022 Board members

New York, NY CoreNet Global New York City Chapter (CoreNet NYC) has announced its new Board Members for 2022. Executive leaders of the Board include Thomas O’Halloran, CoreNet NYC chair, vice president of Business Development, Structure Tone; Alison

CBRE expands Multifamily Debt and Structured Finance team

New York, NY CBRE is expanding its Tri-State Debt and Structured Finance team with Matthew Klauer and Matthew Hirsch joining as senior vice presidents to focus on the multifamily sector. Klauer and Hirsch have extensive experience in the commercial real estate industry and specialize

Mount Saint Mary College has partnered with MHCM to create new wellness center

Newburgh, NY Mount Saint Mary College has partnered with Mid Hudson Construction Management (MHCM) to create a wellness center on its N...