Silo Financial Corp., a boutique private equity company specializing in small to mid-market real estate lending, has funded a $945,000 senior secured first mortgage loan for a new construction project on Elmer St.-a community located 25 miles from Manhattan named in the top third of best American small towns by Money Magazine in 2011.
Once complete, the mixed-use building will house four residential condominiums and two ground level retail spaces.
The borrower is an experienced builder with strong credit who originally purchased the property in 2011.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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