Category: Brokerage

Lionheart Strategic Management and Bank OZK finalize $120 million financing

Lionheart Strategic Management and Bank OZK finalize $120 million financing

July 21, 2020
New York, NY Lionheart Strategic Management LLC, an affiliate of Fisher Brothers that manages capital on behalf of third party investors, has closed a $120 million loan with Bank OZK
NKF facilitates $18 million refinance on behalf of Novel Property Ventures

NKF facilitates $18 million refinance on behalf of Novel Property Ventures

July 21, 2020
Brooklyn, NY On behalf of Novel Property Ventures, Newmark Knight Frank (NKF) has arranged an $18 million fixed-rate loan for the refinancing of 364 Lincoln Pl.
Babylon IDA receives approval to issue small business loans, grants

Babylon IDA receives approval to issue small business loans, grants

July 21, 2020
Lindenhurst, NY The Babylon Industrial Development Agency (IDA) has launched the Babylon Is Back Emergency Assistance Program. The program, recently approved by New York State, will
GCP Capital Group arranges 12 deals totaling $123.857 million

GCP Capital Group arranges 12 deals totaling $123.857 million

July 21, 2020
New York, NY GCP Capital Group LLC has arranged mortgage financing for the following properties: $29.15 million for a portfolio of four multifamily apartment buildings
Transwestern represents Goodwill Industries in 30,800 s/f lease renewal

Transwestern represents Goodwill Industries in 30,800 s/f lease renewal

July 21, 2020
Brooklyn, NY Transwestern Real Estate Services (TRS) represented Goodwill Industries of Greater NY and Northern NJ Inc. (Goodwill NYNJ) in its 30,800 s/f lease renewal of
Ariel Property Advisors brokers BFC partner’s $2.15m acquisition of 27-31 Wave St.

Ariel Property Advisors brokers BFC partner’s $2.15m acquisition of 27-31 Wave St.

July 21, 2020
Staten Island, NY Ariel Property Advisors completed BFC Partners’ acquisition of 27-31 Wave St. in the Stapleton neighborhood for $2.15 million.
Manhattan commercial real estate in the Pandemic: Where are we now? - by Justin Conway

Manhattan commercial real estate in the Pandemic: Where are we now? - by Justin Conway

July 21, 2020
Since March 2020, when the COVID-19 outbreak took over the country and world, I have been spending a majority of my time walking the streets while living in Manhattan. Many building owners and investors in
SL Green closes $510 million loan; financing by Aareal Capital Corp., Citi and Credit Agricole

SL Green closes $510 million loan; financing by Aareal Capital Corp., Citi and Credit Agricole

July 21, 2020
Manhattan, NY According to SL Green Realty Corp., it has closed on a new $510 million mortgage financing secured by 220 East 42nd St. The loan was provided by a lending group led by Aareal Capital Corp., Citi and Credit Agricole.
Goldfein of Goldcap Real Estate Advisors handles $1.505 million sale

Goldfein of Goldcap Real Estate Advisors handles $1.505 million sale

July 21, 2020
Brooklyn, NY Goldcap Real Estate Advisors completed the sale of 1916 Prospect Pl. in the Ocean Hill neighborhood. The building consists of four renovated, free market apartments across 3,126 s/f
The importance of infrastructure inspections - by Nagesh Goel

The importance of infrastructure inspections - by Nagesh Goel

July 21, 2020
With approximately $500 billion spent on infrastructure in the U.S. annually, ensuring large-scale infrastructure—like buildings and bridges, pipelines, roadways, and
Hunt of Hunt Corportate and Lee & Assocs. lease 6,107 s/f in Plainview

Hunt of Hunt Corportate and Lee & Assocs. lease 6,107 s/f in Plainview

July 21, 2020
Plainview, NY According to Hunt Corporate Services, Inc., PromptCare Infusion LLC has leased 6,107 s/f of industrial/flex space at 51 East Bethpage Rd.  David Hunt represented the
Stein of Norman Bobrow and Zar of Zar Property NY lease 4,750 s/f in Midtown

Stein of Norman Bobrow and Zar of Zar Property NY lease 4,750 s/f in Midtown

July 21, 2020
Manhattan, NY According to Zar Property NY and Norman Bobrow & Co., Sud De France, economic development agency for the Occitanie Region in South of France, signed a 4,750 s/f lease at 250 West 54th St. in Midtown.