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Outside the Region: Juniper Capital Group negotiates $23.3 million acquisition

Bridgewater, NJ Juniper Capital Group has originated a $23.3 million loan for the acquisition of Woodmont Square, a 100-unit residential com...

Outside the Region: Procida Funding arranges $7 million debt refinancing

Wood-Ridge, NJ Procida Funding, LLC. provided a $7 million debt refinancing and rehabilitation loan, on behalf of The 100 Mile Fund, which P...

Outside the Region: Muss Development acquires 2.3 acres for $6.8 million

Thousand Oaks, CA Muss Development acquired a 2.33-acre property within an adjacent grocery anchored shopping center in  an upscale com...

Outside the Region: Largo arranges $23.3 million refinancing for industrial portfolio in Memphis

Memphis, TN Kevin Ross, Vice President of Originations at Largo Capital, arranged a $23.3 million loan to refinance the existing debt on a 1...

Mor and Rahmani of Capital Property Partners works with Abramov of AssetCRG in $9.65 million sale

Queens, NY A private real estate investor has acquired an 18,000 s/f full block retail strip for $9.65 million in an all-cash off-market deal.  Nir Mor and Daniel Rahmani, of Capital Property Partners acted for the purchaser, while Michelle Abramov of AssetCRG represented the seller, RJ Capital Holdings.

Top 2018 legal developments affecting New York's real estate industry - by Thomas Kearns

Among the numerous legal developments of 2018 the standouts include the introduction of a new tax strategy for real estate investment and development, and a $6.75 million verdict against a property owner for destroying street art, noted below with a few others of interest: 

Mann of Friedman-Roth acts for buyer and seller in $19.75 million sale

Manhattan, NY Friedman-Roth Realty Services has arranged the first sale in almost 20 years, the disposition of 112 West 138th St. (aka The Invincible Court).  Located in Central Harlem between Lenox Ave. and Adam Clayton Powell Blvd., this six story elevator building consists of 54 large apartments. The 39,000 s/f building sold for $19.25 million, a 3% cap rate and 19 times rent-roll.

Outside the Region: SolarKal and partners complete solar project at Atlantic Blueberry farm

Hammonton, NJ According to SolarKal, a commercial solar energy advisor, and Atlantic Blueberry, SolarKal and their partners have completed t...

Outside the Region: Largo arranges $30.4m in acquisition financing for Toronto industrial portfolio

Toronto, ON Kevin Heiss, managing director of Largo’s Canadian operations, arranged $30.4 million in acquisition financing for an indu...

Oxford Property Group and Rhino partner to launch rental search tool

New York, NY Oxford Property Group and Rhino have launched a new deposit-free search tool that allows prospective renters and their brokers to search for exclusive deposit-free listings through Oxford Property’s own online search tools.