Deals & Dealmakers
WHO’S NEWS
00
Kassin Sabbagh Realty (KSR) announced that Ronnie Shaban has joined the company as a managing director. The veteran dealmaker will be focusing
Deals & Dealmakers
Urstadt Biddle finances supermarket
00
Cronheim Mortgage has arranged $10 million in permanent financing for Ferry Plaza, located in the Ironbound section of Newark, New Jersey.
Banking and Finance
HSP closes on $53M bridge loan for Penn Plaza office building
00
251 West 30th Street JLL arranged a $53 million bridge loan for Chelsea Square, a 113,629- s/f boutique office property in the Penn Plaza submarket of Manhattan.
Deals & Dealmakers
TRANSACTIONS: GCP Capital Group arranges mortgage financing in the aggregate amount of $28,525,000
00
Eastern Union Funding announced the following transactions: • A $20,750,000 first lien mortgage for the refinance of a 44-unit multifamily property
Deals & Dealmakers
Greystone expands bridge financing capabilities with $600 million offering
00
Greystone, a CRE lending, investment and advisory company, announced the closing for Greystone CRE Notes 2019-FL2, Ltd., a $600 million CLO backed exclusively
Deals & Dealmakers
SB One makes senior committment
00
SB One Bancorp, the holding company for SB One Bank, announced its partnership in the development of the Saddle Brook Senior Housing which was just recently
Construction & Design
Milestone for Manhattan West hotel
00
Project team representatives from Skidmore Owings & Merrill, Pavarini McGovern, and Jaros Baum & Bolles. The new Pendry Hotel in Brookfield’
Featured
Shelters are costing home owners
00
It’s official. Having a homeless shelter near a residential property can reduce the sale price of those properties by 7.1 percent, a study by the city’s
Deals & Dealmakers
Cushman & Wakefield names new tri-state boss
00
Cushman & Wakefield announced today that Toby Dodd — an 18-year veteran of the company — has been named as the next president of its New York/Tri-State
Debt & Equity
Normandy, Invesco close $200M refinance at 888 Broadway
00
Netflix, Atlassian and ABC Carpet signed leases at the property Normandy Real Estate Partners and Invesco Real Estate have refinanced 888 Broadway with
Events
AROUND TOWN; Events you need to know about this week
00
NYARM September 25: The New York Association of Realty Managers presents Part II of “Building Energy Grades 1 to 100, What’s Yours?” from 2 to 3:30 p.
Deals & Dealmakers
CheapOair lands at former NYT building
00
Air travel technology company Fareportal is moving its headquarters to 229 West 43rd Street, the historic former New York Times building in Midtown West.