Victory Capital, Inc. arranges $6 million loan

New York, NY Michael Bivona, managing director at Victory Capital, Inc. has arranged a $6 million bridge loan with a two-year term for an interest rate of 4.85%. The subject property consists of a four-story, mixed-use building with eight units, and a five-story vacant former hotel, located in the Upper East Side. The property was built in 1920 with a total of 7,925 s/f of gross building area.

“The team at Victory Capital was able to quickly identify the ideal lender for a transitional asset in our portfolio. As usual, the execution was seamless and we obtained extremely competitive terms thanks to the depth of Victory Capital’s relationships and strong reputation within the lending community,” said Michael Kalomiris, of Victory Capital.

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Sobel of RIPCO Real Estate signs Redefine Meals as newest tenant at New Hyde Park Place

New Hyde Park, NY New Hyde Park Place, the rebranded commercial property at 271-02 Union Tpke.on the Nassau/Queens border, has signed new tenant Redefine Meals, the Long Island-based prepared-meal company, for a new 1,000 s/f location, starting on September

GFP Real Estate signs 11,078 s/f of leasing activity at 630 Ninth Ave.

GFP signs 11,078 s/f of leasing activity at 630 Ninth Ave.

Raffa of Island Associates Real Estate leases 1,700 s/f to Tzanis Mental Health Group at 417 East Main St.

Island Assocs. leases 1,700 s/f to Tzanis Mental Health Grp.

Investment Property Realty Group represents The Vaja Group in $26.4 million acquisition of fully entitled Astoria development site

IPRG reps. The Vaja Group in $26.4m acquisition of fully entitled Astoria development site

Lee & Associates NYC arranges 14,000 s/f Midtown office lease for Julie Vos

Lee & Associates NYC arranges 14,000 s/f office lease for Julie Vos

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