Category: Long Island

Hunt Corp. Commercial Real Estate Q&A: Buy or lease? -  by David Hunt

Hunt Corp. Commercial Real Estate Q&A: Buy or lease? - by David Hunt

December 14, 2021
Q: Everyone seems to think that we should buy, not lease, our next building. What is the best way to make this decision?? A: While every case is different, there are certain
JLL Capital Markets closes $136m multi-housing portfolio

JLL Capital Markets closes $136m multi-housing portfolio

December 14, 2021
West Hempstead & Hempstead, NY JLL Capital Markets closed the $136 million sale of a multi-housing portfolio consisting of two class A communities totaling
Cohen of Ashlind Props. acts for New York Tent in $6.5 million sale

Cohen of Ashlind Props. acts for New York Tent in $6.5 million sale

December 14, 2021
Bohemia, NY Richard Cohen, president of Ashlind Properties, consummated a $6.5 million sale on behalf of New York Tent.
Keystone 1031 acquires six net-leased properties

Keystone 1031 acquires six net-leased properties

December 14, 2021
Jericho, NY Keystone 1031 (KNPRE 1031), a sponsor of impact and tax advantaged investments, has acquired six net-leased properties in major MSAs on
Mancini of Five Point Real Estate brokers $935,000 sale

Mancini of Five Point Real Estate brokers $935,000 sale

December 14, 2021
Melville NY Five Point Real Estate handled the sale of a former AT&T location. The subject, which was vacant at the time of the sale, is located at
Commercial Classroom: Post pandemic leases - by Ed Smith

Commercial Classroom: Post pandemic leases - by Ed Smith

December 14, 2021
The COVID-19 pandemic has had and continues to have a profound effect on both landlords and tenants; it will change lease terms for the future.
ERG Capital Advisors closes refinance of Long Island retail property

ERG Capital Advisors closes refinance of Long Island retail property

December 14, 2021
Long Island, NY ERG Capital Advisors (ERGCA), a real estate investment sales and financial advisory firm has secured a $1.25 million refinance loan on a one-story
Simi Capital acquires six-acre LI property with  Cerberus Capital Management for $15 million

Simi Capital acquires six-acre LI property with Cerberus Capital Management for $15 million

November 23, 2021
Syosset, NY Simi Capital (SC), a real estate investment firm focused on various equity and debt strategies, acquired a Long Island industrial property for
ERG Commercial exclusively lists Freeport waterfront property

ERG Commercial exclusively lists Freeport waterfront property

November 23, 2021
Freeport, NY Staten Island Yacht Sales, a boat sales/brokerage firm, is selling its waterfront location. ERG Commercial of Carle Place has the exclusive listing for 1 Woodcleft Ave., with broker Anthony Flaccomio.
Hale joins Lynx Mortgage Bank

Hale joins Lynx Mortgage Bank

November 23, 2021
Westbury NY John Hale III has joined Lynx Mortgage Bank LLC, Commercial Division as a senior loan officer.
How to add value to commercial real estate in 12 ways - by Ron Koenigsberg

How to add value to commercial real estate in 12 ways - by Ron Koenigsberg

November 23, 2021
To add value to commercial real estate means doing improvements, that will enhance their value and ultimately increase cash flow. This is a way to
American Investment Properties names Martorana new investment sales manager

American Investment Properties names Martorana new investment sales manager

November 23, 2021
Garden City, NY According to American Investment Properties (AIP), Will Martorana has been named investment sales manager.