Category: Brokerage

AAGS Holdings acquires Eagle Electric building; $27.5 million deal arranged by Meridian Capital Group

AAGS Holdings acquires Eagle Electric building; $27.5 million deal arranged by Meridian Capital Grou...

January 21, 2020
Queens, NY AAGS Holdings has purchased the former Eagle Electric building in Long Island City, with plans to build a tower above the current structure to create a class-A office building with retail and cafés. AAGS Holdings is a joint venture of
Brooklyn MLS releases Bay Ridge sales report

Brooklyn MLS releases Bay Ridge sales report

January 21, 2020
Brooklyn, NY Brooklyn MLS issued their latest report focused on sales in Bay Ridge, as well as the overall median days on the market.
Innovo Property Group closes $54.25 million acquisition of 140,000 s/f warehouse; Junik and Stein of Pinnacle are brokers

Innovo Property Group closes $54.25 million acquisition of 140,000 s/f warehouse; Junik and Stein of...

January 21, 2020
Bronx, NY Innovo Property Group (IPG), a real estate investment and operating company founded by Andrew Chung and backed by Nan Fung
Kensington Vanguard National Land Services acquires GRS Title Services

Kensington Vanguard National Land Services acquires GRS Title Services

January 21, 2020
New York, NY Kensington Vanguard National Land Services (KV), one of the largest full-service national title insurance and settlement agencies in the U.S., has acquired GRS Title Services, LLC, a national commercial title insurance agency.
Columbia Pacific Advisors Bridge Lending provides $28 million loan to refinance LIC self-storage development

Columbia Pacific Advisors Bridge Lending provides $28 million loan to refinance LIC self-storage dev...

January 21, 2020
Queens, NY Columbia Pacific Advisors Bridge Lending, a platform within Columbia Pacific Advisors, has provided a $28 million loan to refinance
Neugeboren and Goetz of Savitt Partners negotiate three leases at 530 Seventh Ave.

Neugeboren and Goetz of Savitt Partners negotiate three leases at 530 Seventh Ave.

January 21, 2020
Manhattan, NY According to Savitt Partners, three new TAMI tenants have committed to leases at 530 Seventh Ave., the Fashion District’s main hub for office, technology and creative media tenants.  The 490,000 s/f Midtown office
Harbor Group International buys Aragon Holdings national portfolio for $1.85 billion; financing arranged by NKF

Harbor Group International buys Aragon Holdings national portfolio for $1.85 billion; financing arra...

January 16, 2020
New York, NY According to Newmark Knight Frank (NKF) Aragon Holdings, LLC has sold a national portfolio of apartment properties
Project REAP (Real Estate Associate Program) returns to New York City and Chicago

Project REAP (Real Estate Associate Program) returns to New York City and Chicago

January 13, 2020
New York, NY Project REAP (Real Estate Associate Program), one of the nation’s leading initiative connecting talented multicultural professionals and commercial real estate (CRE) for over 20 years, is returning to NYC and Chicago starting in mid-March 2020 with a
Doshi and Mehra of Meridian Investment Sales sell three-building, free-market portfolio in Albany for $8.65 million

Doshi and Mehra of Meridian Investment Sales sell three-building, free-market portfolio in Albany fo...

January 8, 2020
Albany, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold a three-building, 117-unit portfolio. This 100% free-market portfolio sold for a capitalization rate of 7.2%, a gross rent multiplier of 7.6 times, just under $65 per s/f and $74,000 per unit. Amit Doshi, executive senior managing director and Shallini Mehra, managing director, represented
Brokerage beyond basics: Betesh of Meridian Capital Group discusses his approach to difficult markets

Brokerage beyond basics: Betesh of Meridian Capital Group discusses his approach to difficult market...

January 7, 2020
New York, NY For some brokers, a rapidly fluctuating market is a source of anxiety. For Morris Betesh, senior managing director of Meridian Capital Group and his team of eight, it’s a source of excitement. And lately, there’s been plenty of it as
The Agency, Gtr. Binghamton Chamber of Commerce participate in Holiday Giving at FIVE South College Dr.

The Agency, Gtr. Binghamton Chamber of Commerce participate in Holiday Giving at FIVE South College ...

January 7, 2020
Binghamton, NY The Agency, Greater Binghamton Chamber of Commerce and their partners at FIVE South College Dr. took an active role in helping those in need this holiday season. The organizations have paired with two area charities: The Family Enrichment Network and CHOW
A&E Real Estate Holdings acquires 539-unit Queens portfolio for $129.5 million

A&E Real Estate Holdings acquires 539-unit Queens portfolio for $129.5 million

January 7, 2020
Queens, NY A&E Real Estate Holdings bought the 539-unit Kestenbaum Family Portfolio in Rego Park for $129.5 million. The price equates to $239,425 per unit at a 5% cap rate. The portfolio includes 568,276 s/f and 238,262 buildable s/f.