Deals & Dealmakers
TRANSACTIONS:
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Marcus & Millichap Capital Corp. (MMCC) arranged a total of $4,280,000 in refinancing for 29 single-family rental properties in the southern New Jersey area.
Deals & Dealmakers
SELLING POINTS: Comfort JV buys Avon complex
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● NKF Comfort JV buys Avon complex George Comfort & Sons, in partnership with the Feil Organization and O’Connor Capital Partners, has purchased
Residential
Reporting rent payments good for tenants and landlords
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More than seven in every ten renters would be motivated to pay their rent in a timely fashion if they knew the payments would become part of their credit
Deals & Dealmakers
Tishman Speyer, Bellco start life sciences fund
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Tishman Speyer and Bellco Capital, an investment firm founded by biotechnology entrepreneurs Drs. Rebecka and Arie Belldegrun, have formed Breakthrough Properties.
Deals & Dealmakers
Multifamily loan deals
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3094 Brighton 5th Street Meridian Capital Group arranged $22.6 million in financing for four New York City area multifamily properties. The transactions
Deals & Dealmakers
Moinian taps JLL to lease new office tower
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The Moinian Group has selected JLL as the brokerage team to lease its new office tower at 220 11th Avenue in West Chelsea. The ground-up development will
Featured
Retailers asking: If you feed them, will they come?
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When one café door closes, another one opens. Only this time, the neighborhood coffee joint that closed, Flatiron’s Toby’s Estate was replaced by the high-fashion
Featured
Industry joins with city to slam plan to ban immigrants from public housing
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The city and the real estate industry has come together to rail against what they calls a callous government plan to throw families out of their homes
Featured
Owners sue over new rent regulations
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Seven New York landlords have joined the Rent Stabilization Association (RSA) and Community Home Improvement Program (CHIP) to sue over new rent regulations
Technology
FinTech pioneer Al Goldstein to keynote MIPIM PropTech Summit
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FinTech pioneer Al Goldstein is set to keynote the 2017 MIPIM PropTech Summit in New York this fall. The former banker who now leads online lending platform
Deals & Dealmakers
Real estate techies out to revolutionize biz
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For a few ambitious real estate professionals, the burst bubble of 2007 was not a disaster, but an opportunity. “The world started to change in 2007,”
Featured
New report shows that limiting density raises rents
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There is perhaps no better sign of New York City’s continued prosperity than the fact that 60,000 newcomers move to our great city each year.