There are several advantages to selling your property to a third party and simultaneously executing a long-term net lease to occupy the building. As you are probably aware, a sale-leaseback is a mechanism that allows you to access the equity that has been locked into your bricks and
Lynbrook, NY Fred Parola, CEO of the town of Hempstead Industrial Development Agency (IDA), said the agency has granted a package of economic development incentives that will aid a developer’s purchase and renovation of an assisted living facility that will
Westbury, NY Lesso Mall Development, dba Samanea New York, the new retail, entertainment and dining destination located at 1500 Old Country Rd. added two new tenants set to open soon: Gatsby’s Board Game Café and I.FLY Trapeze. These concepts
Port Washington, NY BEB Credit, the lending affiliate of BEB Capital, has reached and exceeded a milestone of $300 million in loan origination volume. This follows a period of rapid growth for the firm, which has this year welcomed key advisors among its leadership team
Melville, NY Broadhollow Road Hotel, LLC and Chartwell Hotels celebrated the opening of the Residence Inn by Marriott Melville, located at 500 Broadhollow Rd. The four-story, 143-suite hotel blends design with residential-style comfort.
East Moriches, NY Frederick Braun III, chairman of the town of Brookhaven Industrial Development Agency (IDA) said that the agency has closed on a package of economic incentives for a proposed 70-unit rental senior housing community, to include both affordable
Miami, FL SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $460 million cross-collateralized facility for the Namdar Group (Namdar) for two 43-story multifamily buildings located in downtown.
Uniondale, NY Forchelli Deegan Terrana LLP is proud to announce that the firm has been ranked in the Chambers USA New York Spotlight Guide 2026 for its Real Estate practice. This distinguished recognition is especially meaningful, as
Uniondale, NY Cullen and Dykman LLP is pleased to announce that David Westermann, Jr. has joined the firm as a partner in the commercial litigation department, bringing more than four decades of experience handling complex construction
Holtsville, NY Metro Realty completed two commercial real estate sales transactions. Jeremy Hackett of Metro Realty sold 7,200 s/f at 40 Corporate Dr. to Advanced Cable Concepts Inc. for
Islip, NY Roger Delisle and Robert Monahan of Island Associates negotiated a new long-term lease with FRQNCY for 5, 900 s/f at 181 Freeman Ave. FRQNCY is a fitness facility specializing in HYROX classes and fitness training
Great Neck, NY Bayport Funding has closed on a $200 million senior credit facility from Webster Business Credit, a division of Webster Bank and the lead syndication agent in the transaction. The financing builds on