Category: Brokerage

KeyBank CDLI places $17.5 million for Beacon Communities Development

KeyBank CDLI places $17.5 million for Beacon Communities Development

February 4, 2020
strong>New Hartford, NY KeyBank Community Development Lending and Investment (CDLI) arranged $17.5 million for Boston-based Beacon Communities Development, LLC to redevelop a senior housing property. Beacon is a private real
How much money can a cost segregation study save for you? Part Four - by Christie Ellis

How much money can a cost segregation study save for you? Part Four - by Christie Ellis

February 4, 2020
There is only one key question that remains: How much money could a cost segregation study save for you?  Let’s consider a few studies and then summarize what we’ve learned together over the last three articles
TAYLOR to build 13,000 s/f addition for Zweigle’s with Greater Living Arch.

TAYLOR to build 13,000 s/f addition for Zweigle’s with Greater Living Arch.

February 4, 2020
Rochester, NY TAYLOR, a leading regional commercial general contractor, has been awarded the construction contract for the initial phase of a facility expansion for Zweigle’s at their 651 North Plymouth Ave.
Snyder of Matthews Real Estate Invesment brokers sale of Walmart Plaza

Snyder of Matthews Real Estate Invesment brokers sale of Walmart Plaza

February 4, 2020
Olean, NY Matthews Real Estate Investment Services completed the sale of the Walmart Plaza shopping center. The seller was a joint venture between affiliates of DRA Advisors and DLC Management Corp. Ben Snyder, senior
Farah of Greiner-Maltz acts for Local 463 Realty in $1.45 million sale; Reiff and DiCiero of Greiner-Maltz lease 28,000 s/f

Farah of Greiner-Maltz acts for Local 463 Realty in $1.45 million sale; Reiff and DiCiero of Greiner...

February 4, 2020
Queens, NY Greiner-Maltz is a full-service commercial real estate brokerage firm, has completed the following transactions: A three-story building at 87-80 Parsons Blvd. in the
Raisner Group refinances with Banco Popular; Dzbanek of Ariel Property Advisors assists

Raisner Group refinances with Banco Popular; Dzbanek of Ariel Property Advisors assists

February 4, 2020
Brooklyn, NY The Raisner Group (formerly Proteus Capital Management, LLC), a real estate private equity firm, has completed the following: The bulk refinancing of five properties in
CPL expands firm with acquisition of Sammel Architecture PLLC

CPL expands firm with acquisition of Sammel Architecture PLLC

February 4, 2020
Somers, NY Architecture, engineering and planning firm CPL has expanded its footprint in the Hudson Valley to include Westchester County with the acquisition of Sammel Architecture PLLC. This location brings CPL’s total
Broad St. Development welcomes seven new tenants to 370 Lexington Ave.

Broad St. Development welcomes seven new tenants to 370 Lexington Ave.

February 4, 2020
Manhattan, NY Broad St. Development has signed seven tenants to 370 Lexington: 3,300 s/f to Basis Research, a global consulting firm; 2,410 s/f to Slip, boutique fashion company;
Coaching: I still have Faith - by Rod Santomassimo

Coaching: I still have Faith - by Rod Santomassimo

February 4, 2020
Recently I read the NY Times article regarding one of New York’s legendary commercial real estate brokers, Faith Consolo. The author shared details related to Faith’s misrepresentation of her upbringing, family and childhood
Cushman & Wakefield | Pyramid Brokerage Co. negotiates nine sales and leases 36,965 s/f

Cushman & Wakefield | Pyramid Brokerage Co. negotiates nine sales and leases 36,965 s/f

February 4, 2020
Chester, NY Cushman & Wakefield | Pyramid Brokerage Co. (C&W|Pyramid) handled the following: 24 Elizabeth Dr.: Robert Scherreik, executive managing director with Pyramid’s Hudson Valley office in Newburgh, brokered
DASNY and SUNY to renovate student housing at SUNY Cortland – $30 million project

DASNY and SUNY to renovate student housing at SUNY Cortland – $30 million project

February 4, 2020
Albany, NY According to The Dormitory Authority of the State of New York (DASNY) and the State University of New York, (SUNY) construction teams managed by DASNY will begin a $30 million project to renovate the Smith and
CPC and L+M Development close on $33.2m refinance

CPC and L+M Development close on $33.2m refinance

February 4, 2020
Airmont, NY The Community Preservation Corp. (CPC) and L+M Development Partners have closed three Fannie Mae Multifamily Affordable Housing (MAH) loans totaling $33.2 million to finance the long-term preservation of