Category: Brokerage

Derby Copeland Capital closes $33.75 million loan to AYA Acquisitions

Derby Copeland Capital closes $33.75 million loan to AYA Acquisitions

January 28, 2025
Manhattan, NY Derby Copeland Capital (DCC) closed a loan – totaling $33.75 million – to provide acquisition financing to AYA Acquisitions to acquire a leasehold interest in the property located at 225 East 63rd St.
Sher of Katz & Assocs. leases 35,809 s/f to Lincoln Market

Sher of Katz & Assocs. leases 35,809 s/f to Lincoln Market

January 28, 2025
Manhattan, NY Lincoln Market continues to expand in New York City with their largest store yet. Lincoln Market signed a 20-year-term lease for a 35,809 s/f store at River Place (660 W 42nd St). The store is among the largest street-level grocery
Brooks Brothers to open flagship at L&L Holding’s 195 Broadway

Brooks Brothers to open flagship at L&L Holding’s 195 Broadway

January 28, 2025
Manhattan, NY According to L&L Holding Company and Brooks Brothers, the American clothing retailer will open a new flagship store at L&L’s 195 Broadway, re-establishing a footprint in the Lower Manhattan neighborhood where the brand
March of Dimes honors Rechler of RXR

March of Dimes honors Rechler of RXR

January 28, 2025
Purchase, NY March of Dimes NY/NJ Market honored Todd Rechler, founding partner, chief construction & development officer, RXR, with the March of Dimes Real Estate Award at the 2024 Westchester/Fairfield Real Estate Awards Breakfast held at Brae Burn
Westchester LDC votes preliminary approval of <br>$20.6m financing of Kendal on Hudson renovations

Westchester LDC votes preliminary approval of
$20.6m financing of Kendal on Hudson renovations

January 28, 2025
Sleepy Hollow, NY The Westchester County’s Local Development Corp. (LDC) voted preliminary approval of $20.6 million tax-exempt bond financing for renovations of Kendal on Hudson, a life plan community located at 1010 Kendall Way.
Jafri Journal forms joint venture with London-based The Property Network

Jafri Journal forms joint venture with London-based The Property Network

January 28, 2025
New York, NY The Property Network (LPN) has formed an international partnership with Jafri Journal, known for their New York-based property networking events. This collaboration highlights London’s global significance as a real
Kennedy Funding closes $1.445m loan to renovate Old Mill Guest House venue

Kennedy Funding closes $1.445m loan to renovate Old Mill Guest House venue

January 28, 2025
Wallkill, NY A Hudson Valley retreat is expanding its footprint in the wedding events space, with help from Kennedy Funding. The N.J.-based, direct private lender closed a $1.445 million loan to 323 Old Mill LLC for Old Mill Guest House,
Cresa arranges renewal for The HOPE Program

Cresa arranges renewal for The HOPE Program

January 28, 2025
Brooklyn, NY Cresa senior advisors Waite Buckley and Michael Herz have arranged a 10-year renewal lease for 7,500 s/f at 1 Smith St. for The Hope Program a non-profit organization that provides training and job placement for green jobs throughout New York City,
Six lender “cash trap” scenarios investors can avoid by investing in debt-free Delaware Statutory Trust real estate offerings - by Chay Lapin

Six lender “cash trap” scenarios investors can avoid by investing in debt-free Delaware Statutor...

January 28, 2025
Since our inception, Cove Capital has taken a contrarian approach to real estate investing in that we believe today’s current macroeconomic picture does not bode well for investors who are pushing for increased returns with the use of leverage. Cove Capital believes
SMPS-NY names board of directors for 2025

SMPS-NY names board of directors for 2025

January 28, 2025
New York, NY Society for Marketing Professional Services New York Chapter (SMPS-NY) has named its board of directors for the 2025 term. This team aims to advance marketing and business development in the AEC industry.
Walls up, steel underway at Crow Holdings Golden Triangle Logistics Center

Walls up, steel underway at Crow Holdings Golden Triangle Logistics Center

January 28, 2025
Wallkill, NY With walls up and steel installation underway, construction is progressing on track at Golden Triangle Logistics Center according to Crow Holdings Development. The class A, two-building warehouse/distribution property sits on 92 acres in Orange
Kingsley, Karmitz and Edeen of Avison Young sell 15 West 36th St. for $21.5m

Kingsley, Karmitz and Edeen of Avison Young sell 15 West 36th St. for $21.5m

January 28, 2025
Manhattan, NY Avison Young has arranged the sale of the 81,082 s/f office property at 15 West 36th St. on behalf of seller Daval 36 Associates for $21.5 million. The property was managed by Walter & Samuels and, together with existing vacancies