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IN PICTURES: RECon2017 Day 2
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LAS VEGAS: The 2017 RECon officially kicked off this morning (Monday) after a weekend of parties.  Winick Realty’s Jeff Winick hosted his annual
Deals & Dealmakers
SELLING POINTS: LIC hotel sold for $60M, Former Lucky Cheng’s spot goes for $12M
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● LIGHTSTONE $60M LIC hotel purchase Lightstone has purchased the Hilton Garden Inn on 41st Avenue for $60 million from a group headed by Sagamore Capital.
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Invest in the midwest
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ERIC ANTON By Eric M. Anton, associate broker, Marcus & Millichap No, this is not an effort to convince investors to buy apartment buildings in Columbus
Deals & Dealmakers
On the Scene: Cushman tackles 7 Queens properties, GFI closes $9M Flatbush deal
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AGENTS Cushman & Wakefield announced that the firm has been retained on an exclusive basis to arrange the sale of seven properties located in Queens.
Deals & Dealmakers
ON THE SCENE: Compass tapped for medical office, C&W sells two LES buildings
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AGENTS Michael Carillo, Director, along with Adelaide Polsinelli and Ronda Rogovin, Vice Chairs of the investment sales division at Compass, have been
Deals & Dealmakers
WHO’S NEWS: FTI appoints new director, CBRE hires two for third-party service
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Managing Director FTI Consulting announced the appointment of Yunsoo Kim as a Managing Director in the Strategic Advisory & Transaction Services group
Deals & Dealmakers
SELLING POINTS: Marcus & Millichap sells $45M Westchester portfolio
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● MARCUS & MILLICHAP White Plains portfolio trades for $45M A Westchester apartment portfolio has traded for $45 million. Marcus &
Deals & Dealmakers
ON THE SCENE: Cushman & Wakefield tapped for three Astoria buildings, Meridian sells $3.3M Brooklyn home
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AGENTS Cushman & Wakefield announced the following exclusive agency assignments: • The sale of three apartment buildings in Astoria.
Deals & Dealmakers
SELLING POINTS: Modern Spaces marketing LIC development site; Marcus & Millichap sells Williamsburg building
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● MODERN SPACES Cleaned-up LIC site has tax bonus to boot Modern Spaces Commercial & Investment Division has been retained to handle the sale or ground
Deals & Dealmakers
ON THE SCENE: C&W tapped for $6.8M Flushing condo, Cignature closes $6M Manhattan building
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AGENTS A team from CBRE and Pantheon Properties, on behalf of AEW & MRP Realty, is marketing the vacant, recently renovated 120,000 s/f single-story
Deals & Dealmakers
SELLING POINTS: CBRE marketing last-mile site; CT shopping center has $48M price tag
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● CBRE Last-mile site hits LI market CBRE is marketing 60 acres of divisible land in the Brookhaven Technology and Logistics Center, a 300-acre mixed use
Debt & Equity
Transactions: Eastern Union closes $16.1M mortgage, GCP makes $17M loan
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Eastern Union Funding announced the following retail transactions: A $16,100,000 first lien mortgage for the acquisition of a 550,000 s/f retail power