Category: Brokerage
Newmark arranges $114 million construction financing
August 15, 2023
Manhattan, NY On behalf of Aurora Capital Associates, Newmark arranged a $114 million construction loan for the ground-up development of 140 Jane St., an 11-story, 15-unit, condominium project located in the West Village.
Asland and Goldman Sachs close acquisition
August 15, 2023
Manhattan, NY Asland Capital Partners (Asland) joined forces with the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) to launch the Asland Sustainable Housing Fund (ASH). They have acquired the Heighliner Portfolio,
Rosewood Realty and Collaborative Group NYC sell 230-232 West 72nd St. for $7.5 million
August 15, 2023
Manhattan, NY Rosewood Realty Group brokered the sale of a six-story Upper West Side multifamily building for $7.5 million. The building, at 230-232 West 72nd St. between Amsterdam and West End Aves.
Brand Groupies names Genest partner/president
August 15, 2023
Red Bank, NJ Brand Groupies, a female-founded, full-service social media, public relations, personal branding, and podcast management agency for the AEC industry, has promoted Lauren Genest to partner and president.
Crystal Window & Door Systems introduces new Series 2700 aluminum line
August 15, 2023
Queens, NY Crystal Window & Door Systems has expanded its product line with a new window. The new Series 2700 is a 3-¼” jamb aluminum tilt-in sash double-hung window with enhanced energy performance and an AW-rated model. Suitable for a
Stenson of Brax Realty sells 12-unit apartment building for $4.4 million
August 15, 2023
Manhattan, NY Alan Stenson of Brax Realty has completed the sale of 228 East 25th St. in Kips Bay for $4.4 million.
BEB Lending provides $9 million in acquisition financing for 14,698 s/f mixed-use
August 15, 2023
Manhattan, NY BEB Lending, the finance platform of BEB Capital, provided a $9 million, 12-month acquisition bridge loan to Orsipel V LLC for the acquisition financing of a 14,698 s/f mixed-use property at 53-55 Stone St. The transaction
Perlman of Largo Capital arranges $7.4 million for seven industrial properties
August 15, 2023
Buffalo, NY Ned Perlman, vice president of originations at Largo Capital, Inc., arranged $7.4 million in financing for a portfolio of seven industrial and manufacturing properties located mainly throughout Upstate New York. Perlman secured a limited recourse 18-year self-amortizing deal through one of
Houlihan Lawrence: Westchester County Q2 Commercial Market Report
August 15, 2023
Rye Brook, NY The Westchester County commercial market ended the first half of 2023 with mixed results showing continued strength in multifamily developments and solid performance in the industrial/flex market while demand for retail
Real Estate Rockers in Relief returns to Irving Plaza for 10th annual night of live music and networ...
August 15, 2023
Manhattan, NY Real Estate Rockers in Relief is returning for its 10th annual benefit concert, bringing down the house once again at Irving Plaza on September 13th. This annual event will bring together the most prominent real estate moguls in New York for a night featuring multiple bands
KeyBank provides $21 million financing for
61-unit Community View Apartments
August 15, 2023
Morrisville, NY KeyBank Community Development Lending and Investment (CDLI) provided a $9 million construction loan and $12 million in Low-Income Housing Tax Credit (LIHTC) equity for the construction of an affordable senior housing property.
Transwestern Real Estate Services: Manhattan office market outlook-Q2 2023
August 15, 2023
Manhattan, NY For the second consecutive quarter, the Manhattan office market posted a record high availability rate, closing the second quarter of 2023 at 19%, up from 18.9% last quarter. However, the quarter was not without some positives,
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