Tampa, FL Kurt DeVries, managing director for Largo Capital, arranged a $20.4 million acquisition loan on an industrial portfolio. The portfolio is comprised of 16 properties, totals 462,646 s/f, which includes individual assets that vary in size from 5,500 to 78,662 s/f on nine parcels.
Manhattan, NY Ariel Property Advisors has facilitated the sale of 440 West 36
th St., a development site located in the Hudson Yards neighborhood. The property–currently a
Manhattan, NY Olshan Properties has completed four leases at 99 Hudson St. This wave of new lease signings–which includes one renewal–encompasses more than 72,906 s/f located on
Mount Vernon, NY Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains-based regional office, finalized the $7.5 million refinance of Lohman Village
Yonkers, NY The Municipal Housing Authority for the City of Yonkers (MHACY) was recently voted as the city’s best senior housing (non-site specific) in the Yonkers Chamber of
New York, NY Timothy Parlante has joined The Feil Organization as a director of leasing, and will focus on the company’s office properties locally, and on Long Island.
Yonkers, NY The board of directors of the Yonkers Industrial Development Agency (IDA) gave final approval of financial incentives for the construction of nine-story, mixed-use residential and
Yonkers, NY Robert Martin Company LLC (RMC) held a pair of broker events in June in both Westchester and Fairfield counties, sharing information about the firm’s recently-acquired
New York, NY According to LSL Advisors, the firm closed the following:
Brokers Joel Kubie and Daniel Lolai of LSL Advisors represented the tenant, MiddleGround Capital, in their
One of the biggest “deal killers” during ground lease negotiations circles around the issue of whether or not to include a rent reset in the ground lease. In general, rent resets are used to protect the landlord (lessor) from inflation which in turn can increase future
