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Montefiore acquires $38M development site in White Plains
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The Gotham Organization and Grid Properties have sold a four-acre development site in White Plains to the Montefiore Health System. CBRE announced it brokered
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Hampshire JV begins work on 100,00 s/f LI storage facility
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The Hampshire Companies and its joint venture partner, Blumenfeld Development Group, have broken ground for their newest Extra Space Storage facility at
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Kathy Hochul sworn in as Governor of New York
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New York Lt. Gov. Kathy Hochul (D) was sworn in as the state’s first female governor in the early hours of Tuesday with a promise to create a safe
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Equity residential partnering with Toll Brothers on $1.9B apartment rental venture
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Equity Residential is partnering with Toll Brothers to develop new rental apartment communities in key U.S. markets. The companies announced this morning
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South American investors acquire high-tech NJ industrial property
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CBRE announceDthat Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Travis Langer, and Zach McHale of CBRE’s Institutional Properties group represented
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City taking the keys from illegal hoteliers
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By Sarah Trefethen New York’s City Council voted last week to set fines for landlords who illegally convert residential units into under-the-table hotels.
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Investors dish on distressed debt opportunities still out there
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Distressed real estate investors still have about a three-year window to snap up discounted commercial real estate in the US and Europe, said three executives
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Chera puts his retail hat on when he gets cold shoulder
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By Sarah Trefethen The key to Crown Acquisitions’ successful retail purchases has been thinking like a retailer, according to Haim Chera, who discussed
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Ground broken for $93M Bronx affordable seniors development
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New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas announced the groundbreaking for Garden Towers Apartments, a $93 million affordable
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Sun Equity acquires $110M Texas multifamily portfolio
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Rosewood Realty Group’s National Brokerage Division announced the recent sale of a four-building portfolio in San Antonio, Texas for $108.
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New Yorkers arrange $31M financing for SFR venture in Texas
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Buckingham Advisors, a New York-based, boutique commercial real estate firm, has secured $31 million in senior construction financing for a multi-site
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Rose secures $182M construction loan for White Plains development
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Pacific Western Bank and Square Mile Capital Management have together provided $181.91 million in funding for a multifamily housing development in White Plains, NY.