Category: Brokerage

Lantern Real Estate arranges $24.2 million acquisition financing for 100-unit property in Westcheste...

June 1, 2021

Port Chester, NY Lantern Real Estate has secured a $24.2 million loan for the acquisition of The Mariner, a best-in-class, LEED-Silver certified, 100-unit residential property located at

Hopkins of Lynx Mortgage Bank places $600,000 financing; Beacon Bank is the lender

June 1, 2021

Charleston, SC Lynx Mortgage Bank LLC, Commercial Division has placed conventional financing for their client, Tang Enterprise of the Carolinas, LLC. Tang Enterprise of the

Stenson of Brax Realty brokers $3.5 million sale

June 1, 2021

Manhattan, NY According to Alan Stenson, senior director of locally-based investment sales brokerage firm, Brax Realty brokered the sale of a

Kaufman Dolowich & Voluck opens Westchester office

June 1, 2021

White Plains, NY Kaufman Dolowich & Voluck LLP (KDV) is expanding its presence in the New York metropolitan area with the opening of an office in Westchester, its

Urban Standard Capital places $8.7m construction loan for Spencer Developers

June 1, 2021

Brooklyn, NY Urban Standard Capital, (USC) delivered a $8.7 million construction completion loan to Spencer Developers to finish a gut renovation of a previously blighted, three-story

Consigli Construction Co. promotes Barry and Burns

June 1, 2021

Albany & Pleasant Valley, NY Consigli Construction Co., Inc. announced two new promotions for the Albany and Pleasant Valley offices. Consigli veteran

Meshil of Royal Properties brokers three leases for Popeyes totaling 8,010 s/f; Additional leases by...

June 1, 2021

Yorktown Heights, NY According to Royal Properties, Inc., Scott Meshil has brokered three leases for Popeyes Louisiana Chicken. Popeyes Louisiana Chicken signed a

Completion guarantees in ground leases: What are they good for? - by Dena Cohen

June 1, 2021

There is no shortage of discussion among lawyers about the utility of completion guarantees. In a typical development ground lease, the landlord selects a developer to

Savanna secures $264 million construction financing for 141 Willoughby project

June 1, 2021

Brooklyn, NY Savanna, real estate investment manager and developer, has completed the construction financing of the 141 Willoughby St. development

Cushman & Wakefield | Pyramid brokers four sales and 16 leases includes $850,000 sale in Utica

June 1, 2021

Syracuse, NY Cushman & Wakefield | Pyramid Brokerage Co. (C&W|Pyramid) completed the following: 11206 Cosby Manor Rd. in Utica was sold for $850,000. Promise Land Development purchased the

Emerald Creek Capital provides $55 million loan

June 1, 2021

Manhattan, NY Real estate lender Emerald Creek Capital (ECC) closed a $55 million bridge loan on the northeastern corner of Union Sq. The loan is secured by a