Category: Brokerage

Lightstone Capital refinances Westchester County project - $18 million loan to The Confluent Group

Lightstone Capital refinances Westchester County project - $18 million loan to The Confluent Group

October 5, 2021
Harrison, NY Lightstone Capital, Lightstone’s real estate debt platform, has provided an $18 million loan to The Confluent Group to refinance a
Fuchs of GFI Realty Services is sole broker for $1.475 million multifamily sale of 751 55th St.

Fuchs of GFI Realty Services is sole broker for $1.475 million multifamily sale of 751 55th St.

September 21, 2021
Brooklyn, NY GFI Realty Services, LLC handled the $1.475 million sale of 751 55th St., a three-story walk-up, six-unit multifamily property located in the Sunset Park neighborhood. This is the first trade of this asset in over 50 years. GFI Realty associate Zachary
Question of the Month: Does it pay to use a management company for your boutique property? - by Adam Kapner

Question of the Month: Does it pay to use a management company for your boutique property? - by Adam...

September 21, 2021
The short answer. Yes. For a rental property to generate income, numerous factors come into play. How do you screen applicants? Will these tenants pay on time? How are lease
Lipton and Levine of Invictus Property Advisors facilitate $6.45 million sale located at 315 West 29th Street

Lipton and Levine of Invictus Property Advisors facilitate $6.45 million sale located at 315 West 29...

September 21, 2021
Manhattan, NY Invictus Property Advisors facilitated the sale of a multifamily property in the Chelsea neighborhood. The sale price was $6.45 million ($1,111 per s/f.) The deal was handled by Josh Lipton and Andrew Levine of Invictus.
KeyBank CDLI provides $16.3m for affordable multifamily housing to serve New York City LGBTQ youth

KeyBank CDLI provides $16.3m for affordable multifamily housing to serve New York City LGBTQ youth

September 21, 2021
Manhattan, NY KeyBank Community Development Lending and Investment (CDLI) has provided $16.3 million for the development of Homeward – Central Harlem.  The property will exclusively serve unhoused youth between the ages of 18 and 25, a vulnerable
Romer Debbas welcomes Feldman as a partner

Romer Debbas welcomes Feldman as a partner

September 21, 2021
New York, NY According to Romer Debbas, LLP, a boutique law firm that specializes in all aspects of real estate and
Bestreich Realty Group closes $3.3 million sale of mixed-use building

Bestreich Realty Group closes $3.3 million sale of mixed-use building

September 21, 2021
Brooklyn, NY Bestreich Realty Group (BRG) completed the closing of 568 Driggs Ave. in Williamsburg. The sale price was
Avison Young names Alpert tri-state president and principal

Avison Young names Alpert tri-state president and principal

September 21, 2021
New York, NY Dorothy Alpert is joining Avison Young as its new tri-state president and principal. Alpert joins Avison Young following
Cushman & Wakefield Capital Markets arranges $41.5 million sale

Cushman & Wakefield Capital Markets arranges $41.5 million sale

September 21, 2021
Brooklyn, NY A Cushman & Wakefield Capital Markets team including Daniel O’Brien, Adam Spies, Josh King, Marcella Fasulo, and Caroline Hodes has arranged the
Fareri of Fareri Associates joins HVEDC board

Fareri of Fareri Associates joins HVEDC board

September 21, 2021
Poughkeepsie, NY According to the Hudson Valley Economic Development Corp., (HVEDC) John Fareri, CEO of Fareri Associates L.P., has joined its board of directors.
Lieberman of Resolution RE brokers 12,986 s/f lease for Raw Brands

Lieberman of Resolution RE brokers 12,986 s/f lease for Raw Brands

September 21, 2021
New York, NY After a two-year pandemic-triggered delay, Evan Lieberman, director/leasing, Resolution Real Estate Partners, LLC has completed
Hempstead IDA approves PILOT transfer, allows Castle Lanterra Props. purchase to move forward

Hempstead IDA approves PILOT transfer, allows Castle Lanterra Props. purchase to move forward

September 21, 2021
Hempstead, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency has approved the