Outside the Region: Hunt Real Estate Capital refinances Philadelphia multifamily – $5.85 million

Philadelphia, PA Hunt Real Estate Capital provided a $5.85 million Freddie Mac Small Balance loan to refinance a multifamily property locate...

Outside the Region: Uber Capital Group sources $9.8 million acquisition loan

Conway, AR Led by president and founder Joel Gorjian, commercial real estate financial advisory and mortgage origination firm Uber Capital G...

Ferrara of Brax Realty and Thompson of Savills Studley arrange 99-year ground lease valued at $108 million

Bronx, NY Michael Ferrara, managing principal of Brax Realty and Daniel Thompson, managing director of Savills Studley exclusively represented the landlord, M & R Friedlander Supply Co., and procured the lessee, 550 Trinity LLC, in a 99-year ground lease valued at $108 million.  The subject properties are located at 550 Trinity Ave. and 571 Jackson Ave. in the Mott Haven neighborhood. 

Outside the Region: Smith, Gambrell & Russell represents Big V Props. in three retail acquisitions

Charlotte, NC Smith, Gambrell & Russell, LLP (SGR) served as legal counsel to Big V Property Group in three of its recent shopping cente...

Sciara of Nelson & Pope honored by LIBN as one of the Top 40 under 40 Professionals

Melville, NY According to Nelson & Pope (N&P), Michael Sciara, RA, a partner in their Architectural Division, has been named one of Long Island Business News top 40 under 40 Professionals. Sciara is an executive (and N&P’s youngest partner) with over 20 years of experience in the design, planning and implementation of…

Outside the Region: Cronheim Hotel Capital secures $19.5 million refinance for 145-key hotel

Dallas, TX Cronheim Hotel Capital (CHC) has arranged $19.5 million for the refinance of the Courtyard Dallas Carrollton and Conference Cente...

Westchester County IDA approves financial incentives to transform vacant building

Harrison, NY The Westchester County Industrial Development Agency (IDA) has approved a resolution of intent to provide financial incentives for a $61 million development project to transform a vacant corporate office building into a medical facility. Simone Healthcare Development, an affiliate of Simone Development Cos., plans to renovate a four-story office building…

NYC Dept. of Buildings commissioner Chandler speaks at Long Island City Partnership’s Business Breakfast

Queens, NY On January 29th, NYC Department of Buildings commissioner Rick Chandler spoke at the Long Island City Partnership’s Business Breakfast. The commissioner discussed the new DOB NOW portal that standardizes processes for filing various applications and permits online…

Outside the Region: Praedium Group acquires Arlington Commons

North Arlington, TX The Praedium Group has acquired Arlington Commons according to Peter Calatozzo, managing director of The Praedium Group....

Outside the Region: Groblewski and Feig of Fantini & Gorga place $11.5 million construction loan

Lake Worth, FL Fantini & Gorga arranged an $11.5 million first mortgage loan for the construction of a self-storage facility. Casimir...