Category: Brokerage
Trevian Capital funds $6.45m first mortgage bridge loan
August 24, 2021
Queens, NY Trevian Capital, a direct lender that provides flexible and reliable short-term bridge loans for multifamily and commercial real estate opportunities nationwide, recently funded a
Feil Org. signs CycleBar, Pure Barre to 1151 Third Ave.
August 24, 2021
Manhattan, NY The Feil Organization has signed CycleBar and Pure Barre to a 10-year lease at its 1151 Third Ave. retail building on Manhattan’s Upper East Side.
Ariel Property Advisors arranges two sales totaling $14.23 million
August 24, 2021
Manhattan, NY Ariel Property Advisors has arranged two multifamily sales, a portfolio of affordable housing buildings in West Harlem and a multifamily midrise at 235 East 96th Street on
New York City Council approves expansion of Flatiron/23rd Street Partnership BID’s boundaries
August 24, 2021
New York, NY The New York City Council voted to approve legislation that will expand the boundaries of the Flatiron/23rd St. Partnership Business Improvement District (BID) as of
Bestreich Realty Group sells Brooklyn development site for $2 million
August 24, 2021
Brooklyn, NY Bestreich Realty Group (BRG) closed the sale of 548-550 Union St. This redevelopment site is located in Gowanus between Nevins St. and 3rd Ave. The sale price was
Cypress Capital Group celebrates full lease-up of 201 East 26th St., designed by Workshop DA
August 24, 2021
New York, NY According to Cypress Capital Group, its multifamily development at 201 East 26th St. has fully leased its residential units.
Robert Martin Co. sells Tarrytown office bldg. for $8.85 million; RM Friedland is broker
August 24, 2021
Tarrytown, NY Robert Martin Company, one of the largest real estate management and development firms in Westchester County, has completed the sale of 555 White Plains Rd.
Will you owe capital gains tax? Consider these strategies - by Michael Packman
August 24, 2021
If you are a property owner who is selling or has sold an investment or commercial property, you probably owe or will owe capital gains taxes. The U.S. tax code allows for options that may
Camber Property Group and HCCI acquire The Johanna Apartments for $30 million
August 24, 2021
Manhattan, NY Camber Property Group completed the $30 million acquisition of The Johanna Apartments, a 60-unit, 100% project based Section 8 property across
MSD Partners and Lionheart Strategic Mgmt. provide $130m to Lightstone Grp. for Moxy LES Hotel
August 24, 2021
Manhattan, NY MSD Partners, L.P. and Lionheart Strategic Management LLC have closed $130 million in financing to the Lightstone Group to capitalize the
Metropolitan Realty Associates raises $50 million equity with Angelo, Gordon & Co.
August 24, 2021
Bayshore, NY Metropolitan Realty Associates LLC (MRA) has raised $50 million of equity for a strategic investment fund focused on Long Island industrial assets. In its first acquisition, the fund has
A lawyer discusses due diligence on real estate closings in the COVID era - by C. Jaye Berger
August 23, 2021
There is still a robust market for buying and selling co-ops, condominiums and townhouses even in the current period. However, doing due diligence to find out more about the
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