Category : Blog

Blog

Mesa West provides debt

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 2014511

Mesa West Capital has provided a private equity joint venture led by Orlando-based CNL Commercial Real Estate, Inc. and Long Wharf Real Estate Partners with $38.2 million in short-term first mortgage debt to refinance the 239,373 s/f Sawgrass Lakes Center in Sunrise, FL. Built in 2001 by The Opus Group,...

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Accounting for property lease incentives

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 20142987

By James M. Sausmer, CPA, partner, WeiserMazars LLP Lease incentives are negotiated into many commercial property leases as an incentive for the tenant to sign a long-term lease. Free rent, cash for moving expenses, renovations, video conferencing equipment, and elaborate conference rooms help close deals. Such incentives require specific accounting...

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LEASES: Funny or Die, Inc. has a laugh on 5th Ave; More CityMD branches opening;

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 2014927

Richard Cohen, president of Ashlind Properties, has arranged a lease for 15,000 s/f of industrial space at 903 Motor Parkway, Hauppauge, New York for Disc Graphics Inc., a manufacturer of packaging for beauty and personal care products, entertainment media, healthcare and consumer products. the 90,000 s/f property is owned by...

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NYC the âSwiss bankâ of investors

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 2014

By Holly Dutton You can take New York City real estate to the bank. Releasing his firmâs third quarter sales market report last week, Massey … Continued

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Sprinkler system leases the new letter of the law

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 2014

By Adam Leitman Bailey and Dov Treiman, Adam Leitman Bailey, PC A new sprinkler system law coming into effect December 3 could leave landlords guessing … Continued

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The REIT roll-up: Unlocking potential of real estate assets

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 2014

By Kurt Koegl, senior manager Marcum LLP 2013 saw 19 REIT IPOs raising $5.7 billion in capital, including the high-publicity Empire State Building IPO, which … Continued

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ON THE SCENE: Crown Heights site hits market; Silvershore buys two more Brooklyn buildings

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 2014

JONATHAN BERMAN AGENTS This week’s sales and exclusive assignments valued at under $10 million: Ariel Property Advisors has been retained as the exclusive agent to … Continued

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YouTube supplier joins TAMI roster at 292 Mad

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 2014

ZEFR, the media software platform best known for bringing movies to YouTube, is opening its first New York office at 292 Madison Avenue, in the … Continued

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No sex please; Racy case highlights owner rights

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 2014

By Dan Orlando Outrageous tenants, like those in the movie Wolf of Wall Street, are hard to get rid of. In the age of smartphones … Continued

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Cloud control keeps check fraud at bay among law firms

REW Staff October 9, 2014 October 9, 2014

by REW StaffOctober 9, 2014October 9, 2014

Last year, businesses lost over $3 billion to check fraud, according to the Association of Certified Fraud Examiners. It’s a crime that can be especially … Continued