Manhattan, NY Adirondack Capital Partners (ACP) closed the $45 million sale of 126/128 Tenth Ave. and 456 W. 18th St. to Toll Brothers City Living. The acquisition forms part of a broader
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 341 5th Ave., a mixed-use building located in Park Slope for $2.81 million. The transaction was negotiated by Derek Bestreich, Luke Sproviero,
Rahway, NJ SCALE Lending has finalized a $67.5 million construction loan for Capodagli Property Company (Capodagli) for the development of Meridia Rahway Brownstones Phase II, a five-story multifamily building.
Albany, NY Foss & Company has closed four historic rehabilitation investments in Buffalo, Albany, Fredonia, and Kingston supported by New York State Homes and Community Renewal’s (HCR) Small Building Participation Loan Program (PLP). Together,
Plymouth Meeting, PA Cronheim Hotel Capital (CHC) has secured $31.5 million to refinance the former DoubleTree Suites and capitalize a planned conversion to 213 apartments to be named Hickory Crossing. The sponsor, Kingsbury Financial LP (Kingsbury), is a multifamily investor
St. Petersburg, FL PTM Partners has closed on a $125 million construction loan from an affiliate of GID to finance EDGE Collective II, a 330-unit Class AA multifamily high-rise including 19,000 s/f of retail space in the EDGE District.
Manhattan, NY Southern Land Company (SLC), a vertically integrated, national real estate developer of award-winning single-family, multifamily, and mixed-use communities, has promoted four New York-based leaders
Brooklyn, NY CBRE has completed the $30 million sale of 59 Bogart St., a 51-unit multifamily loft building located in the East Williamsburg section of the city. The CBRE team of Robert Shapiro and Ian Brooks represented the seller
Webster, NY Endeavor Real Estate Group negotiated the sale of Fox Run Apartments, a 56-unit multifamily community located at 710 Ridge Rd. Endeavor conducted a targeted marketing process for the property, generating interest
Potsdam, NY Marcus & Millichap negotiated the sale of Meadow East, a multifamily property. “Meadow East, a 100-unit community, was approximately 30% vacant at the time of sale, presenting an extensive value-add
Brooklyn, NY GAIA Real Estate has secured an additional one-year extension of its $48 million loan with Raymond James Bank for 55 Hope, a multifamily property in Williamsburg. The extension pushes the loan’s maturity to August 2027,
Queens, NY On September 10, Cord Meyer Development celebrated the groundbreaking of its new residential community at the Bay Terrace Shopping Center, marking a major investment in new housing and the continued evolution of one of