NYCHA planning 146-unit apartment tower at 112 St. Edwards St. in Brooklyn
The New York City Housing Authority has filed plans to build a 146-unit apartment tower at 112 St. Edwards Street near Fort Greene Park in … Continued
Category : Blog
ON THE SCENE: This weekâs sales and exclusives under $10 million
AGENTS Ecclesiastical Realty Advisory Services has been appointed as the exclusive broker to sell a church property at 1259-61 Bedford Avenue. Located between Fulton and … Continued
Investors chasing restless millennials
In a focus on the first quarter of 2017, James Nelson of Cushman & Wakefield sat down with Kas Sanandaji of Property Markets Group, Greg … Continued
XIN secures $108M loan for 615 Tenth Avenue in Hell’s Kitchen
XIN Development International, the US subsidiary of Chinese development giant XINYUAN Real Estate Ltd., has secured a $108 million construction loan for its first Manhattan development. The Bank of Ozarks funded the non-recourse loan in a deal arranged by Eastern Consolidated’s Capital Advisory Division. 615 Tenth Avenue is XIN Development’s second major residential project in …
Hunt Mortgage provides $28M for Park Square West Apartments
Hunt Mortgage Group provided a $28 million first mortgage bridge loan to facilitate the recapitalization and renovation of a mixed-use multifamily and commercial property in Stamford, Connecticut. Park Square West Apartments is a nine-story property at 101 Summer Street. The property was built in 1999 and is comprised of 143 residential units, two commercial spaces …
NGKF tapped to lease landmarked Pencil Factory in Greenpoint
Newmark Grubb Knight Frank has been named exclusive leasing agent for the landmarked Pencil Factory at 74 Kent Street, a 37,745 s/f fully renovated retail/office … Continued
BLDG, Crown score $150M loan for 1 West 34th Street
Meridian Capital Group arranged $150 million in financing for the refinance of a retail and office property located in Midtown West, on behalf of Loyd … Continued
Metaprop NYC, Reed MIDEM launch competition for RE tech start-ups
Reed MIDEM and MetaProp NYC have announced the launch of the industry-wide Annual MIPIM PROPTECH SUMMIT and MIPIM Startup Competition in New York City on … Continued
Hampshire Co. JV secures $32.5M loan for housing near NJCU campus
Holliday Fenoglio Fowler, L.P. (HFF) arranged $32.5 million in financing for the development of a 163-unit multi-housing property serving the community surrounding New Jersey City University (NJCU). HFF worked exclusively on behalf of the developer, a joint venture between The Hampshire Companies, Claremont Companies and Circle Squared Alternative Investments to secure the construction loan through …
REBNY launches annual search for retail sector standouts
It is that time of year again, with the deadline quickly approaching for REBNY’s Retail Deal of the Year award submissions. This is your annual … Continued