Front Section

Jawdat of New York Commercial Real Estate closes $2.75 million sale

Smithtown, NY Jack Jawdat, president of New York Commercial Real Estate, LTD. (NYCRE), a premier commercial, industrial, retail and

CPC Mortgage Co. provides $77.6m refinance for 416-unit complex

Elmsford, NY CPC Mortgage Company, a subsidiary of The Community Preservation Corp. (CPC), completed the closing of $77.6 million in Freddie Mac conventional refinancing for

Ferrara of Brax Realty reps Five Points Development in $52.5 million sale; Savills acts for buyer

Manhattan, NY Michael Ferrara, managing principal of locally-based investment sales brokerage firm Brax Realty is pleased to announce the sale of a 65,000 s/f office

1031 exchanges and The American Families Act - by Mike Packman

Last month, the Biden Administration rolled out the $1.8 trillion American Families Plan which included a proposal to limit the value of 1031 Exchange-like-kind capital gains tax deferrals to

Blanton of Largo Capital secures $6.5 million for grocery-anchored property

Orlando, FL Benjamin Blanton, vice president of originations at Largo Capital, arranged $6.5 million in non-recourse financing for a grocery-anchored retail property.

Stark Office Suites expands into Tarrytown

Tarrytown, NY Stark Office Suites introduces a new location with expansive waterfront views at 303 South Broadway, near the

Fuchs and Zamir of GFI broker sale of 6,378 s/f mixed-use bldg.

Brooklyn, NY GFI Realty Services, LLC handled the $3.55 million sale of 563-565 Nostrand Ave., two adjacent three-story mixed-use buildings consisting of

McAlpine Contracting to build out 7,170 s/f flagship for Timothy Oulton

Manhattan, NY Timothy Oulton, the British furniture brand known for its subversive take on luxury, has signed a lease for a 7,170 s/f retail space at

McMillan launches Azur, international real estate investment and development firm

New York, NY Joseph McMillan, Jr. has launched Azur, an international real estate investment and development company focused on

Eshaghoff joins The Brooklyn Bank

Brooklyn, NY Developer and managing principal of West Egg Development, Sam Eshaghoff, has joined The Brooklyn Bank, a nonprofit organization in Bedford-Stuyvesant focused on giving the local community the tools they need to