Category: Brokerage
Victory Capital facilitates four loans: $9.5 million total
January 5, 2021
New York, NY Victory Capital closed the following: • A $2.4 million loan with a 3.75% interest rate: Victory Capital delivered on a refinance for two collateralized properties located between Maclay Ave. and Castle Hill Ave.
Flexibility is key to completing deals in today’s difficult market - by Grant Greenspan
January 5, 2021
Over the last eight months, New York City’s (NYC) vibrance has been a bit dimmer given the effects from the global COVID-19 pandemic. Many companies continue to move out of their office spaces or have made the decision to work from home well into 2021
Sparks of GFI Realty Services arranges $5.85m sale
January 5, 2021
Manhattan, NY GFI Realty Services, LLC arranged the $5.85 million sale of 1314 St. Nicholas Ave., a vacant 6,753 s/f NNN lease property with 15,866 s/f of air rights in the Washington Heights neighborhood.
Gotham Org. closes $232.35 million in financing with Goldman Sachs
January 5, 2021
New York, NY Gotham Organization, in partnership with Goldman Sachs Urban Investment Group, has closed on a $162.35 million loan from co-lenders, Wells Fargo Bank, N.A and U.S. Bank, N.A. Goldman Sachs Urban Investment Group
Asset Preservation to offer webinar series for attorneys, CPAs and all real estate professionals - ...
January 5, 2021
Asset Preservation, Inc. will be offering a series of free webinars that qualify for CE credits in January. The presentations are open to the public. Topics this month include Delaware Statutory Trusts (DSTs), how to buy before you sell
CPC and Development Unlimited of WNY close $1.675m construction loan
January 5, 2021
Tonawanda, NY The Community Preservation Corp. (CPC) and David Pawlik, a principal member of Development Unlimited of WNY, LLC, closed on $1.675 million in construction financing to transform a former school building into a mixed-use property
Stan Johnson Co. acts for 1031 buyer in $2m acquisition
January 5, 2021
Clifton Park, NY Stan Johnson Co. has completed the sale of a single-tenant healthcare property. The 4,969 s/f building is located at 3 Emma Ln. and is fully leased to Rezolut Imaging.
Valente and Saleski of Sutton handle $3.6 million hotel sale
January 5, 2021
Rochester, NY Sutton Real Estate Co. completed the following: • The Rochester Downtown Holiday Inn, located at 70 State St., was sold for $3.6 million. The subject is a seven story, 250,712 s/f full service hotel with 217 rooms
Piasecki, Prager and Zukerman join Lev
January 5, 2021
New York, NY According ot Lev, a technology company focused on modernizing commercial real estate transactions, Justin Piasecki, managing partner; Aaron Prager, director; and Avi Zukerman, director, have joined
Brody of Rosewood brokers $42 million sale of Washington DC multifamily portfolio
January 5, 2021
Washington DC Rosewood Realty Group’s National Division has closed on yet another deal, this time in Washington D.C.
Carillo of HKS Real Estate Advisors representing East West Development in LIC site sale
January 5, 2021
Queens, NY Peter Carillo of HKS Real Estate Advisors is representing East West Development in the sale of a Long Island City development site.
Delisle of Island Associates Real Estate Inc. brokers sale of 71,646 s/f shopping center
January 5, 2021
Silver Springs, FL Roger Delisle of Island Associates Real Estate Inc. negotiated and closed the purchase and sale of the shopping center located at 15924 E. State Rd. 40.
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