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JLL Capital Markets handles $88.5 million transaction in LIC

New York, NY JLL Capital Markets completed the $88.5 million sale of a development site and arranged equity capitalization for the site acquisition and project development within an Opportunity Zone in Long Island City.

Simoncic of FDT appointed as Nassau County Bar Assoc. municipal law and land use committee chair

Uniondale, NY According to Forchelli Deegan Terrana LLP, Judy Simoncic was appointed chair of the Nassau County Bar Association’s municipal law and land use committee.

Company of the Month: Axylyum Charter introduces AXY Wrap and changes the landscape of lending

New York, NY The New York Real Estate Journal had the pleasure of sitting down with Axylyum Charter, this month’s Company of the Month, for an interactive question and answer session.

Bank of America originates $425 million for Tishman Speyer refi of The JACX

Queens, NY According to Tishman Speyer, a $425 million green bond offering has been completed to refinance The JACX, its

Elite Builders & Management completes ornamental steel project in Queens

Queens, NY Elite Builders & Management (EBM), a New York-based M/WBE design-build company specializing in ornamental, structural, and miscellaneous steel, completed the

Douglas Elliman’s Stone St. portfolio trades for $16.35 million

New York, NY Douglas Elliman’s Stone St. portfolio at 52 Stone St. and 53-55 Stone St. has traded for a collective price of $16.35 million. The historic

Oak & Avery Group closes five sales: $6.298 million total

White Plains, NY The Oak & Avery Group completed the following:

Joyce joins Syska Hennessy as senior associate

New York, NY Charles Joyce, PE, has joined the NYC headquarters of Syska Hennessy as a senior associate. In this capacity, he oversees evaluations of

Carswell of Largo Capital secures $20.85m in financing

Manhattan, NY Dave Carswell, managing director of Largo Capital’s local office, secured $20.85 million in financing for three industrial properties.

Commercial real estate is due for a correction, and COVID-19 wasn’t it - by Beau Jones

The word “recovery” comes up a lot these days, describing everything from recent job gains to resurgent lending and transaction volume in commercial real estate.