New York, NY ORIX Corporation USA, the U.S. and Latin America business hub for Tokyo-based ORIX Corporation (ORIX), announced today that it has signed a definitive agreement to acquire Hunt Real Estate Capital, LLC, a subsidiary of Hunt Companies, Inc. The acquisition combines the financial strength of ORIX USA
Brooklyn, NY Bestreich Realty Group (BRG) closed the sale of 264 Jefferson St. in the Bushwick neighborhood. This multifamily sold for $1.05 million, which equates to $245 per s/f. The building features six two-bedroom apartments totaling 4,290 s/f.
Manhattan, NY Gregory Tannor, executive managing director/principal, and Michael Watson, associate irector, of Lee & Associates NYC have negotiated a ground-floor, 3,262 s/f lease at 207 West 79
th St., between Broadway and Amsterdam Ave., for My Gym.
New York, NY The New York Real Estate Journal (
NYREJ) sat down with Michael Ferrara, this month’s “Executive of the Month,” for a question and answer session. Ferrara is the managing principal of Brax Realty.
Ferrara: I was born in Brooklyn, but moved out to…
Manhattan, NY The Tri-State Investment Sales group for Avison Young completed sale of a 13,966 s/f vacant office condominium for $12.499 million. James Nelson led the team along with associate director David Lawrence and associate Carter Lovejoy, to represent…
Manhattan, NY Sage Realty Corp., the leasing and management division of the William Kaufman Org. (WKO), finalized a long-term, 362,197 s/f lease with WeWork at 437 Madison Ave., a 40-story, 850,000 s/f office tower in the Plaza District. Sage Realty has leased a 12-floor block of…
West Babylon, NY Anvil Ironworks a manufacturer and installer of custom made metal products serving the New York metropolitan area has purchased a 13,600 s/f building at 120 Otis St. for $2.3 million.
Queens, NY Entrepreneur Properties sold 37-29 31 St. in Long Island City for $13.3 million. Currently a vacant lot, the 100 ft. x 180.65 ft. lot footprint has approved plans for a 71,000 s/f mixed-use
Brooklyn, NY Michael Alvandi’s City Urban Realty has acquired a 26-unit multifamily building in Dumbo from South Heights Development LLC, who developed the property in 2003, for $15 million.
York, PA Meridian Capital Group, together with an affiliate of CBRE, arranged $9.8 million in acquisition financing for Two Guys Commons, an 110,000 square foot shopping center on behalf of RW Capital Partners, Inc. and Vastgood Properties, LLC. The 10-year CMBS loan features a rate of 3.89% and three years of interest-only payments. This transaction was negotiated by Meridian VP, Bryan Kallenberg, and associate, Meyer Ovadia
