Fried Frank provides advisory services for Douglaston and Ares Management $560m refinancing

Manhattan, NY Fried Frank advised a joint venture between Douglaston Development and Ares Management in connection with a $560 million mortgage and mezzanine loan secured by their 60-story newly delivered residential building with 14,495 s/f of ground floor retail located at 311 Eleventh Ave. in the Hudson Yards neighborhood.

Turning clicks into clients: How a strong brand supercharges your CRE website’s lead generation - by Kimberly Zar Bloorian

In today’s competitive commercial real estate market, your website is more than just a digital business card — it’s your 24/7 sales engine. A strategically branded and optimized website can be your most powerful tool for attracting high-quality leads and building the relationships essential for success in CRE. 

Island Associates brokers 10,000 s/f lease for The Learning Experience

Kings Park, NY Island Associates negotiated a new development of a ground-up 10,000 s/f childcare facility plus a 5,000 s/f outdoor play area at 284 Indian Head Rd., that has been leased to The Learning Experience for a 15-year term plus options.

Feil leases 38,862 s/f to Phipps Houses

Manhattan, NY Phipps Houses signed a 38,862 s/f lease spanning the entire 11^th, 12^th and 15^th floors at 257 Park Ave. for 32 years. This location will also house offices for Phipps Houses 501(c)(3) social service affiliate, Phipps Neighborhoods.

Westchester LDC votes preliminary approval of $35m in bond financing for Sarah Lawrence College

Yonkers, NY The Westchester County’s Local Development Corp. (LDC) voted preliminary approval on July 24 of $35 million in tax-exempt bond financing for renovations at Sarah Lawrence College near the Village of Bronxville. The bond financing is for a period of 30 years. 

Zenith IOS, J.P. Morgan Asset Management close second $700m JV

New York, NY Zenith IOS closed its second Industrial Outdoor Storage (IOS) joint venture with institutional investors advised by J.P. Morgan Asset Management. The new venture will continue building on their first joint venture and seek to purchase $700 million of IOS sites across the United States.

Marchese and Choudhury join Cassin & Cassin

Manhattan, NY Samuel Marchese and Farhana Hassan Choudhury have joined Cassin & Cassin LLP. Marchese has joined the firm as a partner. Choudhury joins the affordable housing and agency lending practice as an associate.  Marchese joins Cassin from a New York-based law firm, where he served as partner. He brings with him substantial experience in representing property owners, developers, purchasers,

Ariel Property Advisors hosts Coffee and Cap Rates event

Manhattan, NY Ariel Property Advisors (Ariel) presented its mid-year Coffee and Cap Rates event on July 31^st, sharing the latest trends in investment sales market and capital services in New York City. The event was hosted by TD Bank.

Moore and O’Toole of Lee & Associates NYC sell 10,395 s/f retail/office for $6.5m

Manhattan, NY Lee & Associates NYC completed the $6.5 million sale of 150 West 36^th St., a 10,395 s/f retail and office commercial building in the Garment District.  Stephanie Moore and Catherine O’Toole from Lee & Associates NYC represented the buyer and seller in this transaction.

Slate Property Group secures $210m refinancing for transitional and affordable housing portfolio

New York, NY Slate Property Group, in partnership with Fundamental Advisors, closed on a $210 million refinancing for the joint venture’s Transitional and Affordable Housing Portfolio. The transaction was designated as a Social Bond and was made possible by Freddie Mac in a first-of-its kind engagement