Newmark secures $985 million financing on behalf of 80 Clarkson Developers

Manhattan, NY Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers

Coordination, Communication, and Planning Failures: Unraveling the attempted assassination of Donald Trump - by Patrick Brosnan

The attempted assassination of former President Donald J. Trump on July 13, 2024, was one of the most shocking acts of political violence since the 1981 shooting of President Ronald Reagan. Captured on video, the attempt was thwarted not by the robust security contingent but by sheer luck

Cronheim arranges $20 million life-co financing for Shopping Center

Clifton, NJ Cronheim Mortgage has secured $20 million for the refinancing of the Styertowne Shopping Center, a 236,000 s/f grocery-anchored retail property. Andrew Stewart, Dev Morris, and Brandon Szwalbenest of Cronheim Mortgage placed the financing with Reinsurance

Northgate Real Estate Group to auction 43 unit new-construction building in bankruptcy

Brooklyn, NY Northgate Real Estate Group, the top bankruptcy, foreclosure & restructuring brokerage firm in New York, has been exclusively engaged to market for sale 2417 Albemarle Rd., under a chapter 11 bankruptcy plan. 2417 Albemarle Rd. is a 38,493 s/f 12-story multifamily building with 43 large residential units and 30 parking spaces in Flatbush.

Adler of Rand Commercial sells 4.88 acre site for $3.25 million

Garnerville, NY Rand Commercial negotiated the sale of a development assemblage on West Ramapo Rd., aka NYS Rte. 202, Rockland County. An assemblage of five separate tax lots along Ramapo Rd. sold for $3.25 million. The seller

Daiwa Capital Markets America inks 44,100 s/f lease at Mitsui Fudosan America's 1251 Avenue of the Americas

Manhattan, NY Daiwa Capital Markets America Inc. (DCMA) and Mitsui Fudosan America (MFA) said that financial services company DCMA has signed a 20-year lease for 44,100 s/f spanning the 49^th floor of 1251 Avenue of the Americas. DCMA will relocate its New York headquarters

Rose Associates selected to
manage Forty Six Fifty

Manhattan, NY Rose Associates, Inc. (Rose), the New York-based multifamily real estate manager and developer, was recently selected by The Arden Group to manage Forty Six Fifty, a newly constructed multifamily building at 4650 Broadway.  "We are excited to be managing

Raffa of Island Assocs. negotiates two leases - 2,817 s/f at 490 Wheeler Rd.

Hauppauge, NY Island Associates negotiated two new lease agreements for office space at 490 Wheeler Rd. GNP Brand Gear signed a lease and took occupancy of 1,717 s/f of office space. They design and sell eco-friendly products.

Lionheart Strategic Mgmt. and Apollo Global Mgmt. provide $129.6m in funding for Madison Realty Capital’s Alphabet City project

Manhattan, NY Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers that manages capital on behalf of third-party investors, provided a $27.6 million loan to Madison Realty Capital for the ground up construction of 644 East 14^th St., a 24-story multi-

Schertz of Schuckman Realty completes $25.2m sale of multi-family buildings in Harlem

Manhattan, NY Schuckman Realty brokered the sale of two multi-family buildings located at 111 and 148 W 141^st St. The sale closed on July 18, 2024, with a sale price of $25,210,891.