Front Section

Storz of KeyBank Real Estate Capital secures $29 million Fannie Mae financing for DMG Investments

Albany, NY KeyBank Real Estate Capital (KBREC) secured $29.4 million of fixed-rate Fannie Mae financing for DMG Investments, a

1031 exchange strategies in a COVID-19 impacted real estate market: Buy first - by Pamela Michaels

Nationwide, but particularly in New York City, the location of the biggest hotspot in the country, and in the Northeast in general, many investors are faced with a situation where the value of their real property may have decreased due to

Kennedy Funding closes $1 million loan for Long Island property

Oyster Bay, NY Kennedy Funding continues to close loans in todays challenging real estate environment. The firm closed a $1 million loan for a 3.82-acre

Offices after COVID-19 - by Thomas Kearns

As I am writing this, governor Cuomo is starting to discuss a gradual relaxation of the New York Pause policies that have put

Wynmor Management acquires 173-unit apartment complex for $6.6 million; Arbor Realty Trust provides acquisition loan

Tulsa, OK New York-based private equity investment firm Wynmor Management completed the purchase of London Square Apartments for $6.6 million.

Business Council of Westchester’s Economic Recovery Task Force holds town hall meeting 

Rye Brook, NY Over 150 business leaders from across Westchester attended a Business Council of Westchester (BCW) virtual town hall meeting to share their concerns and needs as the state and Westchester move to restart the economy after the coronavirus pandemic.

Able Safety offers tips for how to spend time in quarantine usefully

Massapequa Park, NY Quarantine has changed our life. It does not allow us to leave our homes, to meet our friends, to visit cinemas, museums, to continue the process of teaching and learning. However, despite all the difficulties and troubles, we must learn to find

COVID-19 and commercial rent collections: A look at the data from April - by Chuck McDowell

When it comes to rent payments, how is the commercial sector faring in comparison to the residential sector? My colleagues and I have been busy gathering this data, and the differences are striking. According to the NMHC Rent Payment Tracker, which includes statistics from MRI,

Workplace reimagined: COVID-19 to reshape the modern office experience

New York, NY The American workplace has experienced more rapid, dramatic shifts in the past few weeks than it ever has before. But the real impact of Covid-19 on how millions of people work – and how they plug into a

Cohen and Bernstein of Besen Partners sell mixed-use property for $7.1 million

Manhattan, NY Besen Partners has completed the sale of 147 Duane St. in TriBeCa for $7.1 million. Ron Cohen and Jay Bernstein exclusively represented the seller, and Anna Ji of Kian Realty procured the purchaser. At $7.1 million, the selling price equates to