Category: Brokerage
Slate Property Group and Grobman Gross Properties secure $97 million refinancing for 166-unit The Ye...
March 26, 2024
Queens, NY Slate Property Group, in partnership with Grobman Gross Properties, has closed on a $97 million refinancing for The Yellowstone, a 166-unit multifamily asset. The proceeds will be used to retire existing debt, cover closing costs and fund an interest reserve
The Boulder Group arranges sale of net-lease
Caliber Collision property for $4.34 million
March 26, 2024
Baldwinsville, NY The Boulder Group completed the sale of a single tenant net-leased Caliber Collision property located at 3593 NY 31 for $4,348,600. Featuring a 15-year, corporately guaranteed lease with Caliber Collision, the largest U.S. collision repair
Is North Manhattan going north or south? - by Harris Sonnenklar
March 26, 2024
In 2023, the North Manhattan multifamily real estate market continued to face significant challenges, primarily driven by the lingering effects of HSTPA and higher interest rates. These factors spurred caution among property investors, leading many to adopt a wait-and-see approach.
Cord Meyer signs Flagstar Bank, welcomes five new tenants
March 26, 2024
Queens, NY Cord Meyer Development has signed Flagstar Bank to its commercial property at 73-01 Northern Blvd. in Jackson Heights. The 2,700 s/f deal was brokered by Cushman & Wakefield senior director Michael Azarian and Cushman & Wakefield director
KeyBank secures $25.3 million financing
for two multifamily properties
March 26, 2024
Albany, NY KeyBank Real Estate Capital (KBREC) secured $25.3 million for Redburn Development Partners to refinance two multifamily properties that preserve affordable workforce housing.
Marcus & Millichap facilitates $11.2 million sale of 36-unit multifamily
March 26, 2024
Manhattan, NY Marcus & Millichap facilitated the sale of a 36-unit multifamily property on Upper West Side for $11.25 million. “Despite today’s market challenges, the property sold for a 5.02% cap rate,” said John Stewart.
Elevate Research Props. partners with HYPOTHEkids to empower next generation of STEAM leaders
March 26, 2024
Manhattan, NY Elevate Research Properties, the life sciences subsidiary of Taconic Partners, formed a partnership with HYPOTHEkids, a nonprofit based in West Harlem that provides STEAM education and internship opportunities to NYC students from underrepresented
Berfas and Walsh of Newmark lease 9,409 s/f to SightMD at One Executive Blvd.
March 26, 2024
Yonkers, NY In its first medical lease since acquiring the property, Simone Development Companies said that SightMD, an integrated ophthalmic provider group, leased 9,409 s/f at One Executive Blvd. SightMD was represented by Scott Berfas and Glenn Walsh of Newmark. Simone Development’s leasing
Greenwich Premier Services leases 3,580 s/f to two tenants at Goshen Plaza
March 26, 2024
Goshen, NY According to Greenwich Premier Services, two new retail businesses have leased space at Goshen Plaza. Club Pilates and Jersey Mike’s Subs executed leases to open stores at Goshen Plaza.The plaza is situated less than two miles
Real Estate Limited Partner Institute names Hochman managing director, investor relations
March 26, 2024
New York, NY Real Estate Limited Partner Institute (RELPI), the global organization that curates a connected community of real estate institutional investors, fund managers, operating partners and other groups allied to the industry, announced the expansion of its executive
Deng, Goettee and Lisser promoted to associates at The Praedium Group
March 26, 2024
Manhattan, NY The Praedium Group (Praedium) promoted Angel Deng, James Goettee and Allyson Lisser to associates. Deng and Goettee work on the acquisition team, and Lisser serves on the portfolio and asset management team. All three previously served at Praedium
Dominque Ansel leases 2,000 s/f retail space at 64 University Place
March 26, 2024
Manhattan, NY Dominique Ansel signed a 15-year lease for the grade level retail space at 64 University Place, a new condominium being developed by Argo Real Estate and Bsafal, Inc. It will be the James Beard Award-winner’s first foray into Greenwich Village.
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