Category : Blog

Berkadia announced today the combined financing secured for Crystal Creek and Sherwood Meadows, two garden-style multifamily properties located in New York. Managing Director John Sigeti of Berkadia Buffalo secured the $27.515 million in combined permanent refinancing on behalf of the borrower, New York-based Burke Builders. “This deal allowed us to...

Rose Associates, Inc., the New York-based multifamily real estate developer and manager, has been employing RealPage’s AI Revenue Management (AIRM) solution at select properties to optimize pricing and reduce vacancies. Since January of this year, Rose has utilized the machine learning model at nine of its fully market rate properties,...

Rose Associates, Inc., the New York-based multifamily real estate developer and manager, announced that it has hired Debbie Rae Peters as Director, Property Marketing. She will lead marketing efforts for Rose’s multifamily portfolio with a focuson lead generation, resident experience and engagement. Andrea Mignone, a marketing leader at Rose since...

 Marcus Partners, a real estate investment, management and development firm, today announced the acquisition of 20 Harmich Road in South Plainfield, New Jersey totaling +/-200,000 square feet.  The acquisition consists of two warehouse properties situated on 17 acres.   “20 Harmich Road is a highly desirable high-quality product with an abundance of...

Hillwood, developer of the 27,000-acre master-planned, mixed-use AllianceTexas development in North Texas, announces two new class A speculative industrial buildings, totaling nearly 1.7 million square feet. Alliance Westport 25 will total 1,076,320 square feet and Alliance Center North 4 will include 615,694 square feet, with anticipated completion in the second...

The Ritz-Carlton, part of Marriott Bonvoy’s portfolio of 30 extraordinary hotel brands, today announced the opening of The Ritz-Carlton New York, NoMad, debuting a new oasis of modern luxury in the heart of Manhattan. Soaring 50-stories above the dynamic North of Madison Square Park neighborhood, the newly constructed hotel and residences developed...

Arriba Capital announces that it recently closed a $63.9MM syndicated construction loan for the development of a 200 key AC Hotel by Marriott in Downtown Seattle.  The new hotel is well-located in the prominent South Lake Union neighborhood, which is a vital business hub home to many Fortune 500 companies. The Borrower is an experienced, privately-held,...

Electra USA, has announced that Christopher Mills has been named President and CEO, effective immediately. Christopher will be responsible for general management of Electra USA organization throughout the United States as well as overseeing the business and activities of the company’s three New York-based subsidiaries including Gilston Electrical Contracting LLC...

BOMA New York, the City’s most influential commercial real estate trade organization, is proud to announce that it has hired Lori Raphael as its new Executive Director. Matt Duthie, SVP of Property Management for NEWMARK, and Chair of BOMA New York said, “We are excited to welcome Lori to BOMA...

Adelaide Polsinelli, Vice Chairman of Compass, a publicly traded, technology-driven real estate platform, has been hired to exclusively market for sale a package of 18 office, co-op units, located at 115 and 143 West 29th Street, at the gateway of the Nomad neighborhood in New York City. The properties consists...