Category: Brokerage

Cohen of Refined arranges $2.5 million construction loan

Cohen of Refined arranges $2.5 million construction loan

June 11, 2024
Brooklyn, NY According to Refined, senior capital advisor, Peter Cohen, has successfully arranged a $2.5 million construction loan for 2-story property located in Boerum Hill. The 5,000 s/f property will be developed into 2 luxury
Shawmut Design and Construction, ARC/Architectural Resources Cambridge, and ZGF Architects celebrate ribbon cutting on UMass Chan Medical School’s $350 million new education and research building

Shawmut Design and Construction, ARC/Architectural Resources Cambridge, and ZGF Architects celebrate...

June 11, 2024
Worcester, MA Shawmut Design and Construction, a $1.6 billion national construction management firm, ARC/Architectural Resources Cambridge, and ZGF Architects joined UMass Chan Medical School, The University of Massachusetts Building Authority
Avison Young arranges $38 million sale of multifamily portfolio of eight properties - 108 units for Elis family

Avison Young arranges $38 million sale of multifamily portfolio of eight properties - 108 units for ...

May 28, 2024
Manhattan, NY Avison Young has arranged the sale of a multifamily portfolio of eight properties in the East Village submarket on behalf of the Eis family for $38 million. Combined, the properties contain 82,245 s/f of mixed-use
Hach of Refined arranges $3 million  inventory loan for condo project

Hach of Refined arranges $3 million inventory loan for condo project

May 28, 2024
Manhattan, NY Joe Hach, chief revenue officer of Refined, has arranged a $3 million inventory loan for a repeat client for a commercial condo project on Bowery in Chinatown. The borrower reached out to Refined to help pay off his maturing loan and fund excess loan proceeds for another project.
Max Spann to hold online auction of 13,400 s/f industrial Superfund site — concludes on June 11th

Max Spann to hold online auction of 13,400 s/f industrial Superfund site — concludes on June 11th

May 28, 2024
Queens, NY Max Spann Real Estate & Auction Company will conduct an online auction of a 13,400 s/f industrial site in the Ridgewood section of the borough. The online auction concludes on June 11th at 1 PM.
Pen to paper: The persistence of wet ink signatures in real estate transactions - by Lindsay Mesh Lotito

Pen to paper: The persistence of wet ink signatures in real estate transactions - by Lindsay Mesh Lo...

May 28, 2024
>While in many circumstances electronically signing documents is easier for all parties involved, for commercial loans and real estate transactions, wet ink original signatures are still required.
Schiavello and Gray of Horvath & Tremblay sell dark Walgreens <br>at 17506 Hillside Ave. for $7.5 million

Schiavello and Gray of Horvath & Tremblay sell dark Walgreens
at 17506 Hillside Ave. for $7.5 mi...

May 28, 2024
Queens, NY Steven Schiavello and Patrick Gray of Horvath & Tremblay have completed the sale of a dark Walgreens located at 17506 Hillside Ave. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete this
REAL New York achieves $1 billion in sales  and finds homes for over 100,000 New Yorkers

REAL New York achieves $1 billion in sales and finds homes for over 100,000 New Yorkers

May 28, 2024
Manhattan, NY REAL New York celebrates more than 10 years in business and its growth, achieving $1 billion in sales and finding a home for more than 100,000 New Yorkers since its inception. Started by Robert Rahmanian and Louis Adler focused on rentals in the Lower East Side
Santander Bank, N.A. servicing assets in $9 billion portfolio formerly owned by Signature Bank

Santander Bank, N.A. servicing assets in $9 billion portfolio formerly owned by Signature Bank

May 28, 2024
New York, NY Santander Bank, N.A. is servicing 100% of the assets in a $9 billion portfolio of New York-based, multifamily real estate assets formerly owned by Signature Bank. In December 2023, Santander Bank closed a transaction with the FDIC to participate in a joint
Executive of the Month: Question and answer with<br> David Wilkes, partner at Cullen and Dykman

Executive of the Month: Question and answer with
David Wilkes, partner at Cullen and Dykman

May 28, 2024
You recently moved your practice to a larger firm with a more diverse practice. Why Cullen and Dykman for property tax? This area of law and services is at a key moment of great change that will no longer be the domain of a handful of boutique firms that
The 721 Exchange UPREIT exit strategy for Delaware Statutory Trust investors explained - by Dwight Katy

The 721 Exchange UPREIT exit strategy for Delaware Statutory Trust investors explained - by Dwight K...

May 28, 2024
One of the most important questions Delaware Statutory Trust real estate investors need to ask themselves is, “What is my long-term, exit strategy?” Most Delaware Statutory Trust (DST) investments are typically held for approximately 5-10 years
Pembrook nears $2 billion in affordable, workforce housing loan volume

Pembrook nears $2 billion in affordable, workforce housing loan volume

May 28, 2024
Manhattan, NY Pembrook Capital Management LLC (Pembrook), a national affordable and workforce housing lender, has originated or participated in 148 investments approaching $2 billion since its inception in 2007.