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Pembrook funds $17M Ohio multifamily loan
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New York-based Pembrook Capital Management LLC is providing a $17,764,288 loan for the acquisition and renovation of a multifamily portfolio comprised
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How to evict commercial tenants in 2021 despite the moratorium
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By Adam Leitman Bailey and John M. Desiderio This article addresses and updates the law 15 years later on the self-help remedy that enables commercial
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Avalon Bay joins TOD team in Somerville, NJ
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Somerset Development has sold a 15-acre property in downtown Somerville, NJ, to multifamily giant AvalonBay Communities Inc. The sale price was not disclosed.
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National Rosewood Realty team closes on $133M GA trade
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Rosewood Realty Group National Investment Sales Division has closed on the $133 million acquisition of a multifamily portfolio in Atlanta, GA, on behalf
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Construction distribution giant sells interiors business for $850M
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Beacon, the largest publicly traded distributor of roofing materials and building products in the United States, is selling its interior products business
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Mack-Cali closes on latest office sale
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Mack-Cali Realty Corporation announced the disposition of 581 Main Street, a 203,335 s/f office building in Woodbridge Township, NJ. The transaction continues
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JLL brokers 120,000 s/f lease for pharma giant in Jersey
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JLL has completed a 118,110-square-foot lease at 9 Roszel Road in Princeton, New Jersey. Bristol Myers Squibb signed a full-building, long-term lease at
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Apple signs 14-year lease for employee lounge in Brooklyn
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Apple has committed to a 14-year lease at the Pioneer Building in Brooklyn where it plans to keep a private lounge for employees working in the nearby
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Riggers hail city’s new sign regulations
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The Department of Buildings has taken another step towards streamlining permitting and zoning regulations to make life easier for contractors and small businesses.
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Luxury Norwalk community trades for $53M
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JLL Capital Markets announced it has closed the $53 million sale of The Sheffield SoNo, a 136-unit, luxury, transit-oriented apartment building with ground-floor
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Cottonwood forms $200M US funding platform with Chinese giant
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Alexander Shing’s Cottonwood Group has formed a new $200 million investment platform with BCEG International Investment – US (BCEGI-US) to
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State reopens COVID rent relief program
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New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas today announced the COVID Rent Relief Program will be reopened for application