Category: Brokerage

Mordekhai of Forest Park Properties handles $1.06 million sale in Queens

Mordekhai of Forest Park Properties handles $1.06 million sale in Queens

May 19, 2020
Queens NY According to Forest Park Properties, the firm has handled the sale of 109-02 Jamaica Ave. The sale price was $1.06 million.
JLL completes $6.4 million sale; Bolivar Dev. buys Bronx warehouse

JLL completes $6.4 million sale; Bolivar Dev. buys Bronx warehouse

May 19, 2020
Bronx, NY According to JLL Capital Markets, it has completed the sale of 3041 Webster Ave., a development opportunity in the Norwood neighborhood.  The seller was Sam’s Carpet, a long-term owner-operator.
Storz of KeyBank Real Estate Capital secures $29 million Fannie Mae financing for DMG Investments

Storz of KeyBank Real Estate Capital secures $29 million Fannie Mae financing for DMG Investments

May 19, 2020
Albany, NY KeyBank Real Estate Capital (KBREC) secured $29.4 million of fixed-rate Fannie Mae financing for DMG Investments, a
1031 exchange strategies in a COVID-19 impacted real estate market: Buy first - by Pamela Michaels

1031 exchange strategies in a COVID-19 impacted real estate market: Buy first - by Pamela Michaels

May 19, 2020
Nationwide, but particularly in New York City, the location of the biggest hotspot in the country, and in the Northeast in general, many investors are faced with a situation where the value of their real property may have decreased due to
Kennedy Funding closes $1 million loan for Long Island property

Kennedy Funding closes $1 million loan for Long Island property

May 19, 2020
Oyster Bay, NY Kennedy Funding continues to close loans in todays challenging real estate environment. The firm closed a $1 million loan for a 3.82-acre
Offices after COVID-19 - by Thomas Kearns

Offices after COVID-19 - by Thomas Kearns

May 19, 2020
As I am writing this, governor Cuomo is starting to discuss a gradual relaxation of the New York Pause policies that have put
Wynmor Management acquires 173-unit apartment complex for $6.6 million; Arbor Realty Trust provides acquisition loan

Wynmor Management acquires 173-unit apartment complex for $6.6 million; Arbor Realty Trust provides ...

May 19, 2020
Tulsa, OK New York-based private equity investment firm Wynmor Management completed the purchase of London Square Apartments for $6.6 million.
PMG launches affordable housing division with Brisa Builders

PMG launches affordable housing division with Brisa Builders

May 19, 2020
Queens, NY PMG Affordable, a new division of real estate developer PMG, is excited to announce they have closed, in partnership with Brisa Builders “Brisa,” on the joint venture’s first
ABS Partners Real Estate brokers six leases totaling 29,400 s/f

ABS Partners Real Estate brokers six leases totaling 29,400 s/f

May 19, 2020
Manhattan, NY According to ABS Partners Real Estate, a leading NYC-based real estate firm, has signed six new leases in Midtown South.
Kimyagarov and Isak open Development Site Advisors; focusing solely on development sites

Kimyagarov and Isak open Development Site Advisors; focusing solely on development sites

May 19, 2020
New York, NY Lev Kimyagarov and Rubin Isak, former senior directors at Massey Knakal Realty Services/Cushman & Wakefield and Eastern Consolidated respectively, have formed Development Site Advisors
Business Council of Westchester’s Economic Recovery Task Force holds town hall meeting 

Business Council of Westchester’s Economic Recovery Task Force holds town hall meeting 

May 15, 2020
Rye Brook, NY Over 150 business leaders from across Westchester attended a Business Council of Westchester (BCW) virtual town hall meeting to share their concerns and needs as the state and Westchester move to restart the economy after the coronavirus pandemic.
Able Safety offers tips for how to spend time in quarantine usefully

Able Safety offers tips for how to spend time in quarantine usefully

May 12, 2020
Massapequa Park, NY Quarantine has changed our life. It does not allow us to leave our homes, to meet our friends, to visit cinemas, museums, to continue the process of teaching and learning. However, despite all the difficulties and troubles, we must learn to find