Category: New York City
GFI Realty arranges $40 million acquisition loan for Avalon Brooklyn Bay
November 25, 2025
Brooklyn, NY GFI Realty Services closed a $40 million acquisition loan for 1501 Voorhies Ave., formerly known as Avalon Brooklyn Bay and rebranded by the buyer as Aqualina New York, located in the Sheepshead Bay neighborhood. The financing was secured through OceanFirst Bank and arranged by Daniel Lerer
SL Green secures $1.4 billion refinance for 11 Madison Ave.
November 25, 2025
Manhattan, NY Fried Frank advised SL Green Realty Corp. (SL Green), and its joint venture with PGIM Real Estate, in connection with the completion of a $1.4 billion, five-year, fixed-rate refinancing of 11 Madison Ave., a 2.3 million s/f office tower in Midtown South. The new mortgage replaces the
AANDAR Real Estate Capital closes $50 million across three transactions
November 25, 2025
Manhattan, NY AANDAR Real Estate Capital has closed three transactions totaling nearly $50 million within four weeks, spanning three asset classes and capital structures across the U.S. “These closings capture exactly what defines AANDAR — precision, creativity,
RXR CEO Rechler to receive ULI’s 2026 Visionary Leadership award on April 29, 2026
November 25, 2025
Manhattan, NY The Urban Land Institute New York (ULI NY) will honor Scott Rechler, chairman and chief executive officer at RXR, as the recipient of the 2026 Visionary Leadership in Land Use Award. The award will be presented at the 10th Annual Awards for Excellence in Development Gala on April 29
Legal AI for real estate transactions - by Thomas Kearns
November 25, 2025
In the 1980s we papered real estate transactions using custom drafted riders attached to forms printed by publishers like Blumberg, REBNY and others. As a young lawyer I grew frustrated with trying to keep track of precedent riders, agreements, and checklists, so I created a form bank for use by the department.
Slate Property Group secures $64 million refinancing for The Welz
November 25, 2025
Brooklyn, NY Slate Property Group (Slate) has closed on a $64 million refinancing for The Welz, a 162-unit multifamily property located at 159 Boreum St. in East Williamsburg. Developed by Slate Property Group and its partner Avenue Realty Capital (Avenue), and
EP Inspections + Commissioning delivers special inspections for Hinomi’s showroom
November 25, 2025
Manhattan, NY EP Inspections + Commissioning (EPIC) was engaged to perform a full scope of TR1 and TR8 special inspections, ensuring safety, compliance, and performance across building systems for Hinomi, a global leader in ergonomic seating solutions.
Cottonwood receives $1b in commitments for real estate special situations investment strategy
November 25, 2025
Manhattan, NY Cottonwood Group (Cottonwood), a private equity real estate investment firm with offices in Los Angeles, Boston and New York, has exceeded its original fundraising goal for the Cottonwood Real Estate Special Situations Strategy. The strategy reached the milestone
Legion Investment Group secures $155 million construction loan for 550 West 21st St. condo project
November 25, 2025
Manhattan, NY Legion Investment Group, together with its partner AVRS Partners LP, closed a $155 million construction loan from Eldridge Real Estate Credit, the real estate investing strategy of Eldridge Capital Management, for 550 West 21st St., a condominium project that will bring
Rose Valley Capital launches RVAlliance
November 25, 2025
New York, NY Rose Valley Capital launched Rose Valley Alliance (RVAlliance), its proprietary investment vehicle designed to deliver flexible, fee-efficient access to high-quality real estate opportunities across the U.S.
Meehan of Greystone provides $30 million in Freddie Mac funding for Sloane Chelsea
November 25, 2025
Manhattan, NY Greystone closed a $30 milliion Freddie Mac conventional loan for Sloane Chelsea, a 266-unit high-rise multifamily property located at 360 West 34th St. The financing was originated by Robert Meehan, managing director at Greystone.
BRP Cos. signs 22,500 s/f lease with SuperFresh
November 25, 2025
Queens, NY BRP Companies signed a 25-year, 22,500 s/f lease with SuperFresh, a community-focused supermarket, at Ruby Sq., which is located at 166-20 90th Ave. in Jamaica. Upon opening in spring of 2026, SuperFresh’s expansion into the neighborhood will bring expanded fresh food
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