Category: Brokerage

Westchester County launches Housing Flex Fund

Westchester County launches Housing Flex Fund

March 26, 2024
White Plains, NY Westchester County is now accepting applications for funding under the County’s Housing Flex Fund (HFF) Program that provides financing for affordable housing developments.
Merchants Capital NY provides $1.7 billion in 2023

Merchants Capital NY provides $1.7 billion in 2023

March 26, 2024
New York, NY The New York office of Merchants Capital delivered a total production volume of $1.7 billion for 2023, surpassing its record-breaking $1.3 billion debt production volume in 2022. These numbers financed the construction and preservation of
BHI increases Yellowstone Funds capital call line to $150 million

BHI increases Yellowstone Funds capital call line to $150 million

March 26, 2024
Manhattan, NY BHI has increased its capital call line facility from $90 million to $150 million to provide Yellowstone Funds (Yellowstone) with liquidity as the real estate investment platform continues to evaluate the current environment
Rosewood Realty brokers $2.4m multifamily sale

Rosewood Realty brokers $2.4m multifamily sale

March 26, 2024
Brooklyn, NY Rosewood Realty Group has brokered the sale of a 27-unit multifamily building in East Flatbush for $2.4 million. The four-story walk-up building at 290 East 53rd St. was built in 1920.
Ariel Property Advisors closes four  multifamily property sales - $9.17m

Ariel Property Advisors closes four multifamily property sales - $9.17m

March 26, 2024
Manhattan, NY Ariel Property Advisors (Ariel) arranged the closing of four investment sales transactions in Brooklyn, Queens and Northern Manhattan, totaling $9,172,500. The deals include the following: • 112 Nagle Ave. in Fort George: Ariel arranged the $3.175 million sale of a fully rent stabilized, well-maintained
Manzella and Brown named to Nassau County Industrial Development Agency board of directors

Manzella and Brown named to Nassau County Industrial Development Agency board of directors

March 26, 2024
Mineola, NY The Nassau County Industrial Development Agency appointed two new members to its board of directors. Marissa Brown and Joseph Manzella join the board, filling a vacant seat and replacing Victor LaGreca, who resigned from the board
True Storage completes second New York conversion

True Storage completes second New York conversion

March 26, 2024
Tonawanda, NY True Storage completed its second self-storage development in New York this past week. This location marks the companies 27th completed self-storage development and is
Unforgettable Experiences await at UBS Arena

Unforgettable Experiences await at UBS Arena

March 26, 2024
Elmont, NY Boutique hospitality has found a home for live entertainment in New York. The metro area’s newest premier entertainment and sports venue, UBS Arena, was made for music
M&T Realty Capital Corporation provides $414.83 million for a multifamily housing property

M&T Realty Capital Corporation provides $414.83 million for a multifamily housing property

March 26, 2024
Brooklyn, NY M&T Realty Capital Corporation has completed the closing of a $414.829 million Freddie Mac conventional loan for Brooklyn Crossing, an 858-unit multifamily housing property
Cohen & Dunn of Refined CRE arrange $2.45 million sale

Cohen & Dunn of Refined CRE arrange $2.45 million sale

March 26, 2024
Bronx, NY Refined CRE has completed the $2.45 million sale of 1916 Longfellow Ave. located in the West Farms market.
Cohen of Refined CRE arranges $6.2 million loan

Cohen of Refined CRE arranges $6.2 million loan

March 26, 2024
Brooklyn, NY According to Refined CRE, senior capital advisor, Peter Cohen, has successfully arranged bridge financing for an 11-unit multifamily property
Chang of Highcap Group completes $15 million sale of development site

Chang of Highcap Group completes $15 million sale of development site

March 26, 2024
Manhattan, NY Highcap Group has completed the sale of 245-247 West 34th St. for $15 million. Senior director, Charles Chang negotiated the transaction. The 4,500 +/- s/f