Category: Brokerage

Shawmut celebrates 5th annual Women in Construction Week

Shawmut celebrates 5th annual Women in Construction Week

March 24, 2020
New York, NY Shawmut Design and Construction celebrated Women in Construction Week nationwide and through various industry events hosted by its local office. In an industry that’s 10% women, the firm joined in the
GCP Capital Group arranges 10 transactions: $202.37 million total

GCP Capital Group arranges 10 transactions: $202.37 million total

March 24, 2020
New York, NY GCP Capital Group LLC has arranged mortgage financing for the following properties: $57.5 million for a 132,000 s/f, six-story luxury condominium building containing 134 units,
Merchants Capital arranges $375 million Freddie Mac financing

Merchants Capital arranges $375 million Freddie Mac financing

March 24, 2020
Brooklyn, NY Merchants Capital, has provided $375 million in financing on behalf of a joint venture between Omni New York LLC, The Arker Companies, Dabar Development Partners, and Bedford Stuyvesant Restoration Corp.
RXR Realty leases 73,000 s/f to INTL FCStone at 230 Park Ave.; JLL acts for tenant

RXR Realty leases 73,000 s/f to INTL FCStone at 230 Park Ave.; JLL acts for tenant

March 24, 2020
Manhattan, NY RXR Realty, an owner, operator, and developer, completed a long-term lease with financial services company, INTL FCStone Inc. at 230 Park Ave. Jordan Berger represented RXR in-house in the lease, along with
Moinian Group secures $105 million refinance from Bank of China

Moinian Group secures $105 million refinance from Bank of China

March 24, 2020
Manhattan, NY The Moinian Group has closed on a $105 million loan from Bank of China to refinance Oskar, the developer’s fully leased residential building at 572 11th Ave. The $105 million loan from Bank of China at a
Newmark Knight Frank negotiates $20.5 million for Infinity Real Estate; Financing by Bridge Investment Group

Newmark Knight Frank negotiates $20.5 million for Infinity Real Estate; Financing by Bridge Investme...

March 24, 2020
Staten Island, NY On behalf of Infinity Real Estate, Newmark Knight Frank (NKF) has arranged a $20.5 million floating-rate loan for the acquisition of the Shops at Richmond Ave. The NKF team was led by vice chairmen and
Owner’s right to access an adjacent property under construction - by Raymond Castronovo

Owner’s right to access an adjacent property under construction - by Raymond Castronovo

March 24, 2020
During any construction project, there often arises a need for construction activities to encroach upon an adjacent property. In fact, local building codes often require the owner of a construction project to protect and safeguard persons and
Hastings Capital completes total renovation for 327 Skidmore Rd. in Deer Park, Long Island

Hastings Capital completes total renovation for 327 Skidmore Rd. in Deer Park, Long Island

March 24, 2020
Deer Park, NY Hastings Capital, LLC continues to demonstrate an ongoing commitment to excellence and to turning Long Island’s underperforming properties into valuable resources. 327 Skidmore Rd. is Hastings’ latest turn-around.
Phillips of Largo places $49.5 million permanent financing

Phillips of Largo places $49.5 million permanent financing

March 24, 2020
Buffalo, NY Jack Phillips, principal of the Largo Group of Cos., secured a $49.5 million permanent first mortgage to refinance the existing debt on a 478,000 s/f class A office facility.
Dunne, Bardsley, Neuer, Gavin, Pride and MacKenzie of CBRE’s Institutional Properties close $42.5 million

Dunne, Bardsley, Neuer, Gavin, Pride and MacKenzie of CBRE’s Institutional Properties close $42.5 ...

March 24, 2020
White Plains, NY CBRE’s Institutional Properties’ Jeffrey Dunne, Steven Bardsley, Jeremy Neuer, David Gavin, Gene Pride and Stuart MacKenzie closed on the $42.5 million sale of Grand Street Plaza. The CBRE team represented the seller, an
Hildreth Real Estate Advisors acquires Long Island property for $1 million

Hildreth Real Estate Advisors acquires Long Island property for $1 million

March 24, 2020
Huntington, NY Hildreth Real Estate Advisors has purchased a two-story commercial property on Main St. for $1 million. Prior to closing, Hildreth signed ENDO Healing for the 1,408 s/f ground floor retail, which is expected to open by the end of the month.
Inglese and Haque of Friedman-Roth Realty facilitate $30 million sale

Inglese and Haque of Friedman-Roth Realty facilitate $30 million sale

March 24, 2020
Bronx, NY In an off-market transaction, Friedman-Roth Realty Services completed the $30 million sale of a package of three, six-story elevator apartment buildings. The seller was represented by Giuseppe Inglese and Nadeem Haque.