Buying a House Without Seeing It in Person? Here’s What to Know
When one buys a home, they usually come to see the property, walk through every room, and try to get a feel of the neighborhood … Continued
Category : Banking and Finance
Median Home Price by US State in 2026
If you have tried to look for a house lately, you already probably know the golden rule of real estate hasn’t changed: location, location, location. … Continued
Rudin Family Secures $415 Million Refinancing for 3 Times Square
The Rudin Family today announced they have closed on a $415 million refinancing for the repositioning of 3 Times Square. The proceeds will be reinvested in the iconic, 30-story Midtown skyscraper to renovate the lobby, build out a tenant amenity floor, activate outdoor space, modernize major building systems and fund...
Wilshire Lane Capital Launches New Fund to Invest in the Rapidly Growing PropTech Space
Wilshire Lane Capital (“WLC”) today announced it has received $40 Million in LP commitments with the first close of its debut fund. New investors in the first close include J.P. Morgan Asset Management, Nile Capital Group, Schusterman Family Investments, TRB Advisors, First Close Partners, Asland Capital Partners, Bullock Capital and...
Pearlmark Welcomes Steve Gordon, Managing Director
Steve Gordon has joined Pearlmark as a Managing Director in Pearlmark’s New York City office. Mr. Gordon joins Pearlmark with a focus on debt investment organizations and capital formation, bringing over 25 years of real estate investment experience. “I look forward to joining Steve, Doug, and the rest of...
Marcus & Millichap arranges the sale of a 42,296-sf Industrial Park
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Hensley Business Park, a 42,296-square-foot industrial property located in Summerville, SC. The asset sold for $5.680 million, according to Benjamin Yelm, regional manager of the firm’s Charleston...
ERG Promotes Ryan Lewis TO Managing Director
ERG Commercial Real Estate has promoted Ryan Lewis from Senior Advisor to Managing Director at the Long Island-based investment sales, finance and property management firm. In his new role Lewis will be responsible for managing the commercial sales and investment team, handling deal flow, broker training and helping to successfully close deals whether they...
Greystone Provides $60M in Financing for Staten Island Affordable Housing
Greystone, a leading national commercial real estate finance company, has provided a $60 million bridge loan for the acquisition of Seaview Estates, a 316-unit affordable housing rental property in Staten Island, New York. The transaction was originated by Miryam Reinitz-Kops of Greystone on behalf of Iris Holdings Group. The $59,550,000...
Boulder Group releases its 4th Quarter Net Lease Research Report
The Boulder Group announced the release of its 4th Quarter Net Lease Research Report today. Cap rates in the single tenant net lease sector rose slightly in the fourth quarter of 2021; following historic low levels reached in the third quarter of 2021. Cap rates for retail and industrial increased slightly...
Newmark announces $476 million recapitalization of 225 Binney Street
Newmark announces the $476 million recapitalization of 225 Binney Street, a 305,212-square-foot office complex located in Cambridge, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, Vice Chairman Edward Maher, Executive Managing Director Matthew Pullen and Managing Director Samantha Hallowell of the firm’s Boston Capital Markets Group procured a global institutional investor...