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KeyBank secures $571 million for Conifer Realty
and CPP to renovate Andrews Terrace

Rochester, NY Conifer Realty, LLC (Conifer) and Community Preservation Partners (CPP) plan to renovate Andrews Terrace, a 526-apartment building complex on the city’s waterfront for senior (62+) and disabled residents

Executive of the Month: Chang builds on her passion for sustainability and technology modernization as president and CEO of GAMCO Corporation

Queens, NY Lelina Chang is the president and CEO of GAMCO Corporation, one of the earliest market players in the commercial fenestration manufacturing industry within the tri-state area and one of the largest family-owned employers in Flushing with over 60+ team members.

Ease Capital adds Hanson as associate to origination and underwriting team

Manhattan, NY According to Ease Capital (Ease), the technology-enabled multifamily lender, Trevor Hanson has joined the company as an associate in where he will focus on the origination and underwriting of new lending opportunities. His addition

JRM Construction Management shares 2023 end-of-year recap

Manhattan, NY JRM Construction Management (JRM), a leading name in the construction industry, shared their 2024 End-Of-Year Recap. JRM Construction Management concluded 2023 with a series of accomplishments

Rockland County: warehouses or bust? Building a brighter future beyond big boxes - by Paul Adler, Esq

Rockland County, nestled across the Hudson from bustling Manhattan, is at a crossroads. While the last two years have seen a boom in commercial development, it's been a one-note symphony – a monotonous chorus of rising warehouses. While these hulking structures promise short-term economic gains

HUB International releases its 2024 outlook to help owners and investors find opportunity in risk management

High interest rates and weather-related disasters will continue to have a significant effect on the real estate industry in 2024. Catastrophes and weather events, technology issues, crime and nuclear verdicts will evolve, straining profits and resulting

Lancewood Capital provides $21.5 million condo inventory loan for 1295 Madison Ave.

Manhattan, NY Lancewood Capital provided a $21.5 million condo inventory loan to finance a newly-developed condo building located at 1295 Madison Ave. in the Carnegie Hill neighborhood.

Highcap Group and Meridian Capital sell
40,000 s/f for $22 million

Manhattan, NY The original Barney’s flagship location at 115 7th Ave., has been sold, from the lender Argentic Management who took over the property after foreclosure to an undisclosed group of investors for $22 million in a closing

Sabal, Bsafal and Argo R.E. form joint venture to provide $64.5 million loan to refinance LaGuardia Plaza Hotel

Queens, NY Sabal Investment Holdings (Sabal), Bsafal Inc. (Bsafal), and Argo Real Estate (Argo), formed a joint venture partnership to provide a $64.5 million fully-funded loan to finance the conversion of the LaGuardia Plaza Hotel

Progress Capital arranges $19.7 million construction loan for self-storage facility

Rockaway, NY Kathy Anderson and Caillin Boles of Progress Capital secured a $19.725 million construction loan for the development of a self-storage facility on Rockaway Beach Blvd., owned by Dino Tomassetti, Jr. of Asset Realty & Construction Group.