Front Section

North River Co. expands Maquette Fine Art Services HQ to 150,910 s/f

Queens, NY According to North River Company, (NRC) art logistics company, Maquette Fine Art Services, has expanded its space at The Matsil Building in Long Island City to 150,910 s/f, bringing the building to 100% occupancy.

Guidarelli of Largo arranges $11.7 million non-recourse loan

Albany, NY Matthew Guidarelli, vice president at Largo Capital, arranged financing for an apartment community in Saratoga County.

Peck and Annis of GFI Realty Services arrange $14.25 million sale of Utah development site

West Valley, UT GFI Realty Services, LLC closed on the $14.25 million sale of 6941 W 2100 South, a development site. The GFI Realty team of

Peck and Annis of GFI Realty Services sources $11 million joint venture equity for Utah development site

West Valley City, UT GFI Realty Services, LLC closed on the $11 million joint venture equity raise for 2550 South and Mountain View Corridor, a

Black of Horvath & Tremblay completes four retail sales totaling $10.714 million

Clifton Park, NY Horvath & Tremblay has completed the sale of four retail properties for a total of $10.714 million. Jeremy Black and Matt Nadler of Horvath & Tremblay completed the sale of a

Merchants Capital secures $79.4 million in financing; Fairstead is developer

Manhattan, NY Mortgage banking company Merchants Capital closed a $51 million construction loan and a $28.4 million Freddie Mac 9% Low-Income Housing Tax Credit (LIHTC) Cash Unfunded Forward Commitment to fund a new affordable housing project in Manhattan’s

Rock of Marcus & Millichap Cap. Corp. secures $34.4m bridge loan

Brooklyn, NY Marcus & Millichap Capital Corp. (MMCC) arranged a $34.4 million interest-only bridge loan to refinance a 117-unit multifamily property and 4,000 s/f commercial unit in the Williamsburg neighborhood.

Federal Realty Inv. Trust leases space to Cava

Melville, NY Federal Realty Investment Trust has signed Cava, a growing Mediterranean brand with a flavorful and healthy fast-casual restaurant experience, as the final tenant at its new 15,000 s/f building at Melville Mall. The restaurant will open this summer.

Intner of Admiral RE and Ifshin of Delphi Comm’l. handle 7-Eleven deal

Elmsford, NY Admiral Real Estate celebrated the approval for the opening of a new 7-Eleven convenience store at 37 East Main St./Rte. 119. The 4,000 s/f building was purchased earlier this year for redevelopment, solely for this user. The sale price was not disclosed.

Ranieri of NorthMarq arranges $44.5 million refinance loan

Queens, NY Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains office arranged the $44.5 million refinance of Briarwood Gardens. The property contains 514 residential units and one commercial unit and is located at 85th Dr.