Category: Brokerage

Pyramid Management Group restructures/extends loan on Poughkeepsie Galleria

Pyramid Management Group restructures/extends loan on Poughkeepsie Galleria

June 27, 2023
Syracuse, NY Pyramid Management Group has worked with its lender to restructure and extend the loan on Poughkeepsie Galleria. The extension of Poughkeepsie Galleria’s loan allows Pyramid to continue to reinvest in the shopping center, ensuring its health, vibrancy, and dominan
Alberts of Forchelli Deegan Terrana installed as director of Nassau County Bar Association

Alberts of Forchelli Deegan Terrana installed as director of Nassau County Bar Association

June 27, 2023
Mineola, NY According to Forchelli Deegan Terrana LLP, partner and co-chair of the firm’s tax, trusts & estates practice group, Stephanie Alberts, was elected to the Nassau County Bar Association’s (NCBA) board of directors.
New York real estate education changes/requirements by licensing law - by Edward Smith

New York real estate education changes/requirements by licensing law - by Edward Smith

June 27, 2023
Prior to July 1, 2021, if you were a real estate broker for 15 years or more you were exempt from taking Continuing Education courses, known as being “grandfathered”. As of July 1, 2021, grandfathering ended and all real estate licensees must take 22.5 hours of continuing education, every two
Cain acquires $1.2 billion PacWest New York portfolio

Cain acquires $1.2 billion PacWest New York portfolio

June 27, 2023
New York, NY Cain International (Cain), in partnership with Security Benefit Life Insurance Co., has agreed to acquire a portfolio of real estate construction loans from Pacific Western Bank (PacWest) with total commitments in excess of $1.2 billion.
Innovo Property Group secures $354 million equity recapitalization and construction financing

Innovo Property Group secures $354 million equity recapitalization and construction financing

June 27, 2023
Queens, NY Innovo Property Group (IPG) closed on $354 million of equity and vertical construction financing for a New York City industrial project. The site is located at 28-90 Review Ave., at the intersection of Review and Borden Aves. in Long Island City. The Urban Investment Group within Goldman
Madison International Realty and Joseph P. Day Realty Corp. lease 47,160 s/f at Tower 40

Madison International Realty and Joseph P. Day Realty Corp. lease 47,160 s/f at Tower 40

June 27, 2023
Manhattan, NY Madison International Realty and Joseph P. Day Realty Corp. negotiated four new transactions totaling 47,160 s/f in leasing activity at 10 East 40th St., now known as Tower 40
IREON New Member Profile: Tommy Tomczy

IREON New Member Profile: Tommy Tomczy

June 27, 2023
Name: Tommy Tomczyk Title: District Manager Company: Collins Building Services
IREON New Member Profile: Alex Lipsky

IREON New Member Profile: Alex Lipsky

June 27, 2023
Name: Alex Lipsky Title: Owner Company: Lipsky Construction
IREON New Member Profile: David Cobos

IREON New Member Profile: David Cobos

June 27, 2023
Name: David Cobos Title: Area Manager Company: Collins Building Services
IREON New Member Profile: Liza Bendett

IREON New Member Profile: Liza Bendett

June 27, 2023
Name: Liza Bendett Title: Associate Real Estate Broker Company: Compass – The Scout Residential Team
Adler & Stachenfeld launches impact investing practice; led by Ash and Patka

Adler & Stachenfeld launches impact investing practice; led by Ash and Patka

June 27, 2023
Manhattan, NY Adler & Stachenfeld LLP (A&S) has launched an impact real estate practice, which will provide counsel to commercial real estate developers, investors, and not-for-profit organizations on mission-driven and ESG-guided investments and projects. The practice will be
Avenue One raises $100 million to simplify institutional access to residential rental asset class

Avenue One raises $100 million to simplify institutional access to residential rental asset class

June 27, 2023
Manhattan, NY Avenue One, a property technology service platform and marketplace for institutional owners, buyers and sellers of residential homes, raised a strategic funding round of $100 million. The round is led by early investor WestCap with participation from MetLife and other leading