Deals & Dealmakers
Cornerstone elbows into affordable lending with $93M buy
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Cornerstone Real Estate Advisers, one of the world’s largest real estate-focused investment managers, announced an agreement to acquire ACRE Capital Holdings
Deals & Dealmakers
Governor hails Squarespace Village expansion
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Squarespace is creating 150 jobs in the tech sector Governor Andrew M. Cuomo hailed an expansion by tech firm Squarespace in the West Village that will
Deals & Dealmakers
WHO’S NEWS: Cooper Robertson has announced the elevation of two architects to partner: Erin Flynn R.A., LEED AP, and Mike Aziz, AIA, LEED AP.
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Tim Foley has been appointed executive director of The Builders Institute/Building and Realty Institute of Westchester and The Mid-Hudson Region.
Deals & Dealmakers
ON THE SCENE: JLL Capital Markets selected to market 3041 Webster Avenue in the Bronx
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AGENTS JONATHAN SQUIRES Cushman & Wakefield have been retained for the sale of four new residential developments located in Fairmont, Norwood and Fordham
Deals & Dealmakers
Tabor to sell 450 Park for $600 million
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Michael Tabor is putting his Manhattan skyscraper 450 Park Avenue on the market, according to a report in the Financial Times. The property is currently
Deals & Dealmakers
HFZ buys sports complex
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Splash Park  sports center Ziel Feldman’s HFZ Capital Group has acquired Waldwick Splash Park, a 146,661 s/f sports complex in Waldwick, New Jersey.
Deals & Dealmakers
WHO’S NEWS
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SquareFoot commercial real estate company has announced that Michael Colacino has joined in the role of president, a first for the company.
Deals & Dealmakers
L&M bags$179M to build three affordable Brooklyn properties
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215 Livonia Avenue and 169 Livonia Avenue L+M Development Partners closed on financing for the construction of three new buildings as part of the Marcus
Deals & Dealmakers
ACRES antes up $33M for CT apartment project
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One Atlantic ACRES Capital Corp. has originated an approximately $33 million loan to fund the conversion of One Atlantic, a historic, nearly 94,000 s/f
Deals & Dealmakers
Procida funds $39M construction loan
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The 200-unit property is being developed by Forte Real Estate Procida Funding provided a $39 million construction loan, on behalf of the 100 Mile Fund
Deals & Dealmakers
McSam Hotel Group secures $250M for Times Square venture
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Sam Changʼs McSam Hotel Group has secured $250 million in acquisition and construction financing from S3 Capital Partners for his newest project.
Deals & Dealmakers
TRANSACTIONS: GCP Capital Group places $76,280,000 in mortgages
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Eastern Union Funding announced the following transactions: • A $700,000 first lien mortgage for the refinance of a 2-unit multifamily property