Category: Brokerage
Marcus & Millichap facilitates $7.5 million sale of industrial assemblage
February 21, 2024
Brooklyn, NY Marcus & Millichap has completed the sale of an industrial assemblage. The assets sold for $7.5 million. "This sale was a good demonstration of how owner-user demand kept industrial pricing relatively stable last year,” said Thomas Brennan
Gantry secures $9 million permanent loan for NYC/East Village multifamily acquisition
February 21, 2024
Manhattan, NY Gantry has secured a $9 million permanent loan for the acquisition of a 23-unit, walk up apartment building with ground floor retail space located at 47 East 7th St. in the East Village. The loan supported the sponsor’s timely 1031 exchange
Sezan of Asset CRG Advisors retained to market sale of two buildings
February 21, 2024
Bronx, NY Asset CRG Advisors has been retained on an exclusive basis to market for sale two buildings in Port Morris. Mike Sezan will oversee the marketing of the property. The portfolio consists of 780 E 135 St., a 96,000 s/f industrial building
Merchants Capital provides $348 million in Fannie Mae financing for rehabilitation of 87 Brooklyn NY...
February 15, 2024
Brooklyn, NY The New York office of financial services company Merchants Capital has provided a $348 million Mortgage-Backed Securities (MBS) loan from Fannie Mae to support the rehabilitation of New York City Housing Authority (NYCHA
Farkas of Metropolitan Realty Associates closes on 75,000 s/f acquisition for $12.6 million
February 15, 2024
Bayport, NY Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (MRA) has closed on the acquisition of three properties comprised of a vacant 75,000 s/f, single story cold storage/freezer facility and distribution center
Marcus & Millichap sells multifamily development sites for $7 million
February 13, 2024
Brooklyn, NY Marcus & Millichap has completed the sale of two multifamily development sites. The assets sold for $7 million. “This was a complex 421a development site, with a number of moving parts. My team, consisting of John Lopez
Cowing of Cushman & Wakefield/Pyramid Brokerage brokers $4.05m sale of 81,683 s/f industrial whareho...
February 13, 2024
Buffalo, NY 1370 William Street Property LLC has purchased 1370 William St. from 1370 William LLC for $4.05 million. The 81,683 s/f industrial warehouse building sits on 3.11 acres. Robert Cowing, III, associate real estate broker
The Feil Organization completes $23.5 million refinancing of Home Depot Shopping Center
February 13, 2024
Elmont, NY The Feil Organization completed a $23.5 million refinancing of Home Depot Shopping Center provided by Principal Asset Management. Estreich & Company represented the Feil Organization in the transaction. “We are pleased to have secured this refinancing for Home Depot
Houlihan Lawrence Commercial sells
former Melrose School for $3 million
February 13, 2024
Brewster, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, negotiated the sale of 100 – 120 Federal Hill Rd. in the town of Southeast in Putnam County. The property is the former campus of the Melrose School, which was run by the Community of the Holy Spirit,
Venture Brokerage Group completes full lease-up for 83,700 s/f Whole Foods Center
February 13, 2024
Rochester, NY Venture Brokerage Group has completed the retail leasing for the Whole Foods Center at 2740 Monroe Ave. The 83,700 s/f plaza, anchored by Whole Foods, marks the brand’s third location in Upstate NY, with complementing existing stores in
Marcus & Millichap facilitates $9 million sale of multifamily property
February 13, 2024
Queens, NY Marcus & Millichap has completed the sale of a 34,000 s/f multifamily property. The asset sold for $9 million. “Having an understanding of this remarkably nuanced asset class gives
Hodgson Russ named to 2024 “Best Companies to Work For: Law Firms” list
February 13, 2024
Buffalo, NY Hodgson Russ LLP has been named to the U.S. News & World Report 2024 Best Companies to Work For: Law Firms list. The list is an expansion of U.S. News’ “Best Companies to Work For” and looks at the country’s top law
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