Category: Brokerage

Progress Realty Partners Acquires Sam’s Club Center for $43,250,000

Progress Realty Partners Acquires Sam’s Club Center for $43,250,000

October 29, 2024
Cheektowaga, NY Progress Realty Partners, a private equity firm headquartered in Tinton Falls, NJ, has closed on its purchase of Union Consumer Square, an open-air retail center anchored by Sam’s Club
Perlman of Largo Real Estate secures $7.5 million refinance of mixed-use property

Perlman of Largo Real Estate secures $7.5 million refinance of mixed-use property

October 29, 2024
Buffalo, NY Ned Perlman, vice president of originations at Largo Real Estate Advisors, Inc. secured $7.5 million to refinance a mixed-use property. Perlman leveraged his knowledge of the lending environment in
Paul and Samuel Adler of Rand Commercial Receive HV Chapter of NYSCAR Economic Development Dealmakers Award

Paul and Samuel Adler of Rand Commercial Receive HV Chapter of NYSCAR Economic Development Dealmaker...

October 29, 2024
Valley Cottage NY Paul Adler, Esq., SIOR and Samuel Adler were awarded the Economic Development Award for the successful transaction they brokered in connection with the sale of 400 Corporate Court, Valley Cottage NY.
Cohen of Leviathan Capital arranges $2 million construction loan

Cohen of Leviathan Capital arranges $2 million construction loan

October 29, 2024
Brooklyn, NY According to Leviathan Capital, Peter Cohen has successfully closed a $2 million construction loan in the Cobble Hill neighborhood
Cushman & Wakefield arranges $24 million in office acquisition financing for The Plant

Cushman & Wakefield arranges $24 million in office acquisition financing for The Plant

October 15, 2024
Manhattan, NY According to Cushman & Wakefield, the firm’s Austin-based Equity Debt & Structured Finance (EDSF) team of Chase Johnson and Caleb Riebe has closed $24 million in acquisition financing for The Plant, a 246,343 s/f office building
Marcus & Millichap brokers $5.95 million sale of mixed-use building

Marcus & Millichap brokers $5.95 million sale of mixed-use building

October 15, 2024
Manhattan, NY Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, have completed the sale of 133 Eldridge St., a five-story mixed-use building for
Rochester Area Chapter of NYSCAR Volunteer Build Day for Greater Rochester Habitat for Humanity

Rochester Area Chapter of NYSCAR Volunteer Build Day for Greater Rochester Habitat for Humanity

October 15, 2024
Rochester, NY Eight Rochester Area Chapter (RAC) of NYSCAR members took part in a RAC NYSCAR Volunteer Build Day for the Greater Rochester Habitat for Humanity on September 18. RAC NYSCAR salute its members who chose to take a day off from their busy schedules to use their valuable
Simone Development Companies leases 10,189 s/f medical space to New York-Presbyterian

Simone Development Companies leases 10,189 s/f medical space to New York-Presbyterian

October 15, 2024
Bronx, NY According to Simone Development Companies, New York-Presbyterian has signed a 10,189 s/f long-term lease at Simone Dev.’s medical office property at 2510 Westchester Ave. Simone Dev. was represented by in-house leasing and legal teams
REBNY and The Durst Organization <br>celebrate LEED Platinum certification

REBNY and The Durst Organization
celebrate LEED Platinum certification

October 15, 2024
Manhattan, NY The Real Estate Board of New York (REBNY) and The Durst Organization said that the trade association’s office renovation at 570 Lexington achieved LEEDv4 Interior Design and Construction certification at the Platinum level, the highest level of LEED certification.
Ariel Property arranges $16.5 milliion sale of two multifamily buildings

Ariel Property arranges $16.5 milliion sale of two multifamily buildings

October 15, 2024
Manhattan, NY Ariel Property Advisors (Ariel) has brokered the sale of two 6-story elevator buildings totaling 109,530 s/f at 226 & 259 West 144th St. in Harlem for $16.5 million. The buildings house 110 residential units and one ground floor commercial unit.
Weaver and Tidwell, L.L.P. to consolidate into Vornado Realty Trust ’s PENN 1 office tower

Weaver and Tidwell, L.L.P. to consolidate into Vornado Realty Trust ’s PENN 1 office tower

October 15, 2024
Manhattan, NY Vornado Realty Trust has secured a new lease with Weaver and Tidwell, L.L.P. (Weaver) at PENN 1. Weaver, which occupies 8,000 s/f on a portion of the 32nd floor, will now occupy 36,500 s/f across the entire 28th floor. Buchbinder Tunick & Co., a firm that
Perlman of Largo Real Estate secured acquisition financing for $2.9 million

Perlman of Largo Real Estate secured acquisition financing for $2.9 million

October 15, 2024
Amherst, NY Ned Perlman, of Largo Real Estate Advisors, Inc., has successfully secured acquisition financing for a value-add multi-family project located. The property consists of 15 duplexes, broken into fifteen two-bedroom units and fifteen three-bedroom units.