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Procida Funding secures $39 million construction loan

Middlesex, NJ Procida Funding provided a $39 million construction loan, on behalf of the 100 Mile Fund, which Procida exclusively manages. The loan, made to Forte Real Estate Development, will finance “The View at

Newmark Knight Frank arranges $30.5 million financing for Caerus Group

Queens, NY Newmark Knight Frank has arranged a $30.5 million fixed-rate loan to a portfolio of two newly-repositioned, class A office buildings totaling over 65,000 s/f. The properties at 74 Kent St., in Greenpoint and 11-20 46th Rd. in

Reed MIDEM and MetaProp NYC hosts annual 2019 MIPIM PropTech NYC event November 12-13

New York, NY Reed MIDEM and MetaProp NYC hosted their annual 2019 MIPIM PropTech NYC November 12-13 at the Metropolitan Pavilion with conference sessions taking place at the Altman Building. Throughout the event, industry disruptors in

AECOM Tishman president Badame recognized by Nephcure Kidney International at annual benefit

Manhattan, NY According to AECOM Tishman, Jay Badame, president of the firm, has been recognized as this year’s honoree at Nephcure Kidney International’s 15th annual Countdown to a Cure fundraising benefit, which took place

Twomey Latham acquires Birtwhistle & Gibson, P.C.

Bridgehampton, NY According to Twomey Latham, Shea, Kelley, Dubin & Quartararo, LLP, effective January 1, 2020, the firm will complete its acquisition of Birtwhistle & Gibson, P.C. As part of this acquisition, Craig Gibson will join

ABS Partners secures leases at the Box Factory, 1519 Decatur St. in Brooklyn, totaling 17,592 s/f

Brooklyn, NY ABS Partners Real Estate has arranged two leases totaling 17,592 s/f at the Box Factory, 1519 Decatur St.

JLL arranges financing for The Peaks of Nanuet

Nanuet, NY JLL arranged acquisition financing for The Peaks of Nanuet, a 504-unit apartment complex in Rockland County. JLL worked exclusively on behalf of Mill Creek Residential Trust LLC and an

Doshi, Mehra and Shainberg of Meridian sell Upper East Side elevator building for $11.4 million

Manhattan, NY Team Doshi of Meridian Capital Group has contract-closed on a 39-unit elevator building located half a block from Gracie Mansion in the Yorkville neighborhood of the Upper East Side. This mostly stabilized property sold for just under $530 per s/f, $290,000 per unit, equivalent to

Marcus & Millichap Capital Corp. places $46 million loan for Staybridge Suites project by developer Li

Queens, NY Marcus & Millichap Capital Corp. (MMCC) has arranged for $46 million in construction financing for a Staybridge Suites located at 38-61 11th St. in Long Island City, according to vice president and regional manager John Krueger. The construction financing was

Ralby of HKS negotiates $24m loan for Manatus Dev.; Design by GF55 Partners; financed through TD Bank

Bronx, NY Manatus Development Group has obtained $24 million from TD Bank to finance construction of a mixed-use office building that will be the new flagship location of human and social services non-profit Samaritan Daytop Village.