BBG acquires fourth firm in ten months
BBG, an independent commercial real estate valuation, advisory and appraisal firm, has acquired Trager Property Advisors, a San Antonio-based commercial real estate appraisal and consulting … Continued
Category : Blog
Selling Points: Alma Realty buys NJ office property, Queens church to become medical facility
CBRE Alma Realty buys NJ office property Alma Realty has purchased a 212,666 s/f New Jersey office property for $21 million. Jeffrey Dunne and Jeremy … Continued
Transactions: Meridianâs $15.9M loan for Pearl St. property, GCPâs $36.8M in mortgages
Meridian Capital announced the following transactions: A new mortgage in the amount of $15,850,000 on a 42-unit multifamily property located on Pearl Street in New … Continued
Ceruzzi, SMI USA secure $300M loan for 138 East 50th in Midtown
Ceruzzi Properties (Ceruzzi) and Madison Realty Capital (MRC) announced the closing of a $300 million construction loan for completion of a major mixed-use development at 138 East 50th Street in the Midtown East neighborhood of Manhattan. MRC, an institutionally-backed real estate investment firm focused on real estate equity and debt investments in the middle markets, …
Shabtai launches Flatiron showpiece
Lori Shabtai and Rachel Rainaldi of TOWN Commercial has been tapped by Centaur Properties to lease the 4,300 s/f retail space at 17 East 27th … Continued
Investors Bank originates ten loans valued at $283 million
Investors Bank originated 10 major commercial real estate (CRE) lending transactions in recent weeks, and the combined value of the loans surpasses $283 million. The Investors Bank CRE Lending Group also completed a number of loans in the $1 million to $3 million range during the same period. The financings, which were divided among various …
Retailers PIQtoo, T2 and Zazen Bear sign leases at Rockefeller Center
Rockefeller Center has welcomed three new unique retailers: the popular gift shop PIQtoo; T2, which reimagines tea; and Korean jewelry retailer Zazen Bear. Photo by … Continued
MacQuesten unveils plan for Bed-Stuy TOD
MacQuesten Development has announced plans for 1510 Broadway, a new 97,000 s/f transit-oriented residential complex in the Bedford–Stuyvesant section of Brooklyn featuring 65 affordable rental … Continued
Tax Act puts onus on Americans to do the right thing
By Paul Bercovici, LL.B., Principal, Marks Paneth The United States has long been a prime choice for non-US people seeking to own real property outside of … Continued
Retailer Totokaelo opening at 190 Bowery
RFR announced a three-floor, 8,918 s/f lease agreement with Totokaelo, a fine fashion and objects retailer, at 190 Bowery. Totokaelo is a business subsidiary of … Continued