Category: Brokerage

Investment Sales: Reasons for optimism in the 2nd half of 2021 - by Ron Cohen

Investment Sales: Reasons for optimism in the 2nd half of 2021 - by Ron Cohen

August 3, 2021
While there are still variables driving a lackluster market environment for commercial property sales in New York City, there are a few indicators pointing towards greater transaction activity in the second half.
Island Capital Group acquires Lexington Hotel: $185 million

Island Capital Group acquires Lexington Hotel: $185 million

August 3, 2021
Manhattan, NY Island Capital Group LLC, a leading international real estate merchant bank, has acquired the Lexington Hotel, a 725-room hotel located on the corner of Lexington Ave. and East 48th St. in Midtown, in a
BestSelf Behavioral Health and Uniland Development partner in $20 million project

BestSelf Behavioral Health and Uniland Development partner in $20 million project

August 3, 2021
Buffalo, NY BestSelf Behavioral Health unveiled a $20 million project with Uniland Development Co. to transform 899 Main St. in the city’s downtown area into a new
BestSelf Behavioral Health and Uniland Development partner in $20 million project

BestSelf Behavioral Health and Uniland Development partner in $20 million project

August 3, 2021
Buffalo, NY BestSelf Behavioral Health unveiled a $20 million project with Uniland Development Co. to transform 899 Main St. in the city’s downtown area into a new
If it looks like a ground lease… What makes a lease a “ground lease” & why it matters - by Dena Cohen

If it looks like a ground lease… What makes a lease a “ground lease” & why it matters - by Den...

August 3, 2021
If you want to know the legal definition of a “ground lease” you are likely to find it defined in source material by reference to set of common characteristics associated with ground leases.
King Street Capital Management, GDSNY and MLN Partners provide $210 million loan

King Street Capital Management, GDSNY and MLN Partners provide $210 million loan

August 3, 2021
Brooklyn, NY According to King Street Capital Management, a leading global investment management firm, GDS Brightstar, the real estate lending platform of New York-based GDSNY, and
LRC Properties Purchases Industrial Portfolio in Memphis

LRC Properties Purchases Industrial Portfolio in Memphis

August 3, 2021
Rye Brook, NY – LRC Properties has expanded its footprint in Memphis. The company  purchased the 1,115,269 s/f industrial portfolio
Nuveen Real Estate Retains Top Architecture Firm, Ware Malcomb, for Redesign of Princeton Point

Nuveen Real Estate Retains Top Architecture Firm, Ware Malcomb, for Redesign of Princeton Point

August 3, 2021
Princeton, NJ, According to Nuveen Real Estate, one of the largest real estate managers globally with approximately $134 billion
AMS Acquisitions Buys East Brunswick NJ Site for $5.1 Million

AMS Acquisitions Buys East Brunswick NJ Site for $5.1 Million

August 3, 2021
New York, NY According to AMS Acquisitions, a New York based real estate investment firm, has recently purchase of 377 Summerhill Rd. in East
$1B Invested in Affordable Housing by Hudson Valley Property Group’s First Private Equity Real Estate Preservation Fund

$1B Invested in Affordable Housing by Hudson Valley Property Group’s First Private Equity Real Est...

August 3, 2021
Newark, NJ According to Hudson Valley Property Group, LLC (“HVPG”) it has closed on the acquisition of Lincoln
Neuman Commercial Group Arranges $8,600,000 Sale of New Jersey Retail With Industrial

Neuman Commercial Group Arranges $8,600,000 Sale of New Jersey Retail With Industrial

August 3, 2021
Owings Mills, MD According to Neuman Commercial Group, LLC they announced the sale of a 98,005 s/f mixed use asset in central New Jersey
Progress Capital Arranges $19 Million Construction Loan For Multifamily Hi-Rise in East Orange

Progress Capital Arranges $19 Million Construction Loan For Multifamily Hi-Rise in East Orange

August 3, 2021
East Orange, NJ A complete transformation is underway for 45 South Grove St. The former site of the Blood Center of New Jersey which