Category: Brokerage
Houlihan-Parnes Realtors place $29m first mortgage
July 21, 2020
Bronx, NY James Houlihan, Bryan Houlihan, and Christie Houlihan of Houlihan-Parnes Realtors placed a $29 million first mortgage on the 222,637 s/f office condominium at
CIT Northbridge Credit serves as lender on $20 million credit facility for Marquis Construction Serv...
July 21, 2020
New York, NY According to CIT Group Inc., CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $20 million senior secured credit facility for
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
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
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
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
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.
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
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
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
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
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
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