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Lightstone Capital refinances Westchester County project - $18 million loan to The Confluent Group

Harrison, NY Lightstone Capital, Lightstone’s real estate debt platform, has provided an $18 million loan to The Confluent Group to refinance a

Fuchs of GFI Realty Services is sole broker for $1.475 million multifamily sale of 751 55th St.

Brooklyn, NY GFI Realty Services, LLC handled the $1.475 million sale of 751 55th St., a three-story walk-up, six-unit multifamily property located in the Sunset Park neighborhood. This is the first trade of this asset in over 50 years. GFI Realty associate Zachary

Question of the Month: Does it pay to use a management company for your boutique property? - by Adam Kapner

The short answer. Yes. For a rental property to generate income, numerous factors come into play. How do you screen applicants? Will these tenants pay on time? How are lease

Lipton and Levine of Invictus Property Advisors facilitate $6.45 million sale located at 315 West 29th Street

Manhattan, NY Invictus Property Advisors facilitated the sale of a multifamily property in the Chelsea neighborhood. The sale price was $6.45 million ($1,111 per s/f.) The deal was handled by Josh Lipton and Andrew Levine of Invictus.

KeyBank CDLI provides $16.3m for affordable multifamily housing to serve New York City LGBTQ youth

Manhattan, NY KeyBank Community Development Lending and Investment (CDLI) has provided $16.3 million for the development of Homeward – Central Harlem.  The property will exclusively serve unhoused youth between the ages of 18 and 25, a vulnerable

Avison Young names Alpert tri-state president and principal

New York, NY Dorothy Alpert is joining Avison Young as its new tri-state president and principal. Alpert joins Avison Young following

Fareri of Fareri Associates joins HVEDC board

Poughkeepsie, NY According to the Hudson Valley Economic Development Corp., (HVEDC) John Fareri, CEO of Fareri Associates L.P., has joined its board of directors.

Hempstead IDA approves PILOT transfer, allows Castle Lanterra Props. purchase to move forward

Hempstead, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency has approved the

Alberts of Forchelli Deegan Terrana appointed co-chair of NCBA Committee

Uniondale, NY According to Forchelli Deegan Terrana LLP, Stephanie Alberts was appointed co-chair of the NCBA’s Surrogate’s Court Estates and Trusts Committee.

Posner joins Moritt Hock & Hamroff Real Estate Practice Group

Garden City, NY According to the law firm of Moritt Hock & Hamroff LLP, Ilona Posner has joined the firm as counsel in its Real Estate practice group.