Category: Brokerage

REBNY announces winners for 79th annual commercial sales most ingenious deal of the year awards

REBNY announces winners for 79th annual commercial sales most ingenious deal of the year awards

June 13, 2023
Manhattan, NY The Real Estate Board of New York (REBNY) brought together hundreds on June 14th to announce the Commercial Sales Brokers Most Ingenious Deal of the Year Awards for deals completed in calendar year 2022. Conceived in 1944, the member contest honors resourcefulness and
CIBS announces 2022 most ingenious deal of the year

CIBS announces 2022 most ingenious deal of the year

June 13, 2023
Bethpage, NY The Commercial Industrial Brokers Society of Long Island (CIBS) presented the 2022 Most Ingenious Deal of the Year (MIDY) Award at an event co-sponsored by the Association for a Better Long Island (ABLI). The award was given to the CBRE team of senior vice president Paul Leone, vice president Matt Manoogian and senior vice president Martin Lomazow for their outstanding work on the Baylis 495 Business
Second Avenue announces JV partnership and property management agreement with Sculptor Real Estate

Second Avenue announces JV partnership and property management agreement with Sculptor Real Estate

June 13, 2023
Tampa, FL Second Avenue, a full-service, institutional quality single-family rental platform (SFR), announced a strategic joint venture (JV) and property management agreement with Sculptor Real Estate (Sculptor), the real estate business of Sculptor Capital Management, Inc. (NYSE: SCU), a leading global alternative asset management firm specializing in real estate, credit, and multi-strategy investment products
Greyhill Group expands portfolio with $7.5 million acquisition of 63 unit multifamily property

Greyhill Group expands portfolio with $7.5 million acquisition of 63 unit multifamily property

June 13, 2023
New Britain, CT GreyHill Group, a rapidly growing, commercial real estate investment company headquartered in New York, has completed the acquisition of The Bleu, a 63-unit, multifamily property located at 1300 and 1412 East St. The transaction marks a significant addition to GreyHill's diverse portfolio. GreyHill Group acquired The Bleu at a purchase price of $7.5 million
Rockabill Consulting & Development promotes Taft to vice president

Rockabill Consulting & Development promotes Taft to vice president

June 13, 2023
Hoboken, NJ Rockabill, a leading consultant and development partner for the affordable and supportive housing industry, announced that the firm has elevated Rebekah Taft to vice president where she will oversee a variety of transactions ranging
Mann and Newell of Friedman-Roth Realty Services sell 405 West 45th St. for $8.5 million - 30 apartment units

Mann and Newell of Friedman-Roth Realty Services sell 405 West 45th St. for $8.5 million - 30 apartm...

May 30, 2023
Manhattan, NY Jim Mann and Wells Newell of Friedman-Roth Realty Services have brokered the sale of 405 West 45th St. in the Hell’s Kitchen area.
JLL arranges $350 million debt and equity capitalization for construction of 363-unit The Italic

JLL arranges $350 million debt and equity capitalization for construction of 363-unit The Italic

May 30, 2023
Queens, NY JLL’s Capital Markets group has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, mixed-use community located at 26-32 Jackson Ave. in Long Island City.
Innovo Property Group and Affinius Capital close $334 million recapitalization of 2505 Bruckner Blvd. - one million s/f industrial

Innovo Property Group and Affinius Capital close $334 million recapitalization of 2505 Bruckner Blvd...

May 30, 2023
Bronx, NY Innovo Property Group (IPG) with Affinius Capital LLC (Affinius Capital) closed a $334 million recapitalization of 2505 Bruckner Blvd., a one million s/f, urban industrial facility. The existing
West Elm, Kohler and Hilti sign retail leases at Industry City

West Elm, Kohler and Hilti sign retail leases at Industry City

May 30, 2023
Brooklyn, NY Industry City, the 35-acre mixed-use complex comprising sixteen waterfront buildings, said that multiple lease signings were completed with design and construction brands, including West Elm, Kohler, and Hilti, totaling 37,106 s/f
Brix Real Estate Advisors finances multifamily $3.65 million refinance loan

Brix Real Estate Advisors finances multifamily $3.65 million refinance loan

May 30, 2023
Yonkers, NY Brix Real Estate Advisors brokered a $3.65 million refinance loan on a multifamily building. The 15-unit building, 88-90 Saratoga Ave., is located in the Park Hill neighborhood. The building is 24,490 s/f and was built in
Royal Properties and Charter Realty lease 17,588 s/f to Sierra Trading Post at Poughkeepsie Plaza

Royal Properties and Charter Realty lease 17,588 s/f to Sierra Trading Post at Poughkeepsie Plaza

May 30, 2023
Poughkeepsie, NY According to Royal Properties, Inc., Sierra Trading Post signed a 10-year lease with four five-year options for 17,588 s/f and is now open for business at Poughkeepsie Plaza, 2600 South Rd.
Cuddy and Maurer-Hollaender of CBRE renew Mercy College's 125,522 s/f lease at Simone’s 1200 Waters Place at Hutchinson Metro Center

Cuddy and Maurer-Hollaender of CBRE renew Mercy College's 125,522 s/f lease at Simone’s 1200 Water...

May 30, 2023
Bronx, NY Simone Development Companies has signed a long-term lease renewal with Mercy College for 125,522 s/f of classroom, administrative and amenities space at 1200 Waters Place, renewing the institution’s commitment