Category: Brokerage
Ranieri of NorthMarq completes $800,000 refinance of Canterbury Commons
January 7, 2020
Mount Vernon, NY Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains office arranged the $800,000 refinance of Canterbury Commons. The 20-unit senior housing property is located on South Columbus Ave.
Malagisi and Hardisty of SVN Self-Storage broker $6.2 million sale in West Henrietta
January 7, 2020
West Henrietta, NY According to SVN Commercial Realty, they have completed the sale of Erie Station Self-Storage, 70 Erie Station Rd., for $6.2 million. The facility is 57,300 gross s/f and
Ciafardoni and Sass of Silber Investment Properties handle $1.2 million sale
January 7, 2020
Lindenhurst, NY According to Silber Investment Properties, (SIP) a 20,000 s/f property located at 136 Sunrise Hwy. has been sold for $1.2 million (6.6% cap). The transaction occurred between two local Long Island investors, The Deperte Family (seller) and
SWBR completes “50 for 50” Campaign during its 50th year
January 7, 2020
Rochester, NY SWBR, a multidisciplinary, award-winning design firm, celebrated its 50th year in business and a long tradition of design excellence throughout 2019. To commemorate the milestone, it hosted a special initiative called “50 for 50,” where
Walker & Dunlop places $82 million in financing
January 7, 2020
Brooklyn, NY Walker & Dunlop, Inc. arranged $82 million in permanent financing for 158-unit Clover House, a newly renovated apartment complex in the Brooklyn Heights neighborhood.
SWBR recognized with Landmark Society Award for church restoration
January 7, 2020
Rochester, NY SWBR has been recognized by the Landmark Society of Western New York with a 2019 Stewardship Award for its work restoring Our Lady of Victory church. The annual award is given to individuals and organizations
RAC NYSCAR holds 19th annual President’s Dinner and Awards
January 7, 2020
Rochester, NY The Rochester Area Chapter of the New York State Commercial Association of Realtors (RAC NYSCAR) held its 19th annual President’s Dinner and Awards Ceremony on November 14th at the Casa Larga Vineyards and Winery.
2019 Year in Review: Harry Zlokower, Zlokower Company Public Relations
December 31, 2019
What are your predictions for commercial real estate in 2020?
Commercial real estate will contend with the legislative changes which appear to have diminished the multifamily investment sales market.
2019 Year in Review: Jake Blatter, KFIR Capital
December 31, 2019
What are your predictions for commercial real estate in 2020?
Transactionally I believe the commercial real estate market will remain stagnant. The ink is barely dry on the new rent regulations and
JBA Equities closes $135 million financing package for Mondrian Park Ave. Hotel in Manhattan
December 17, 2019
Manhattan, NY According to Jonathan Aghravi of JBA Equities, his team has secured a $135 million financing package for the Mondrian Park Ave. hotel located at 444 Park Ave. South. Aghravi and his team consisting of Charles Han and Eli Terry, along with Tal Bar-or of Lantern Real Estate, represented
Safehold Inc. closes acquisition of existing ground lease at 425 Park Ave. for $620 million
December 17, 2019
Manhattan, NY Safehold Inc. has closed on the acquisition of the existing ground lease at 425 Park Ave. for $620 million. In connection with this transaction, the company entered into a joint venture agreement with a sovereign wealth fund in
The Wizard of OZ (that’s “Opportunity Zones”): Kowalski on What’s Next From Treasury, Part 2...
December 17, 2019
New York City, Connect Opportunity Zone Conference, Harvard Club, October 22nd, continued: As December 31st (a mini-“D-Day”) approaches for the OZ program (very “mini” in the opinion of many), and the U.S. Treasury Department works on the
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