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Crossing Rivers to Chase Value
As rents in Manhattan and Brooklyn continue to rise, renters are chasing value across both the Hudson and East rivers. Lincoln Equities Group is looking to capture that demand.
Queens Development Site Sells for $10.2M
Marcus & Millichap brokers the sale of a development site in Flushing, N.Y.; NorthMarq secures $11.6 million for student housing serving Virginia Commonwealth University; and IPA arranges a $26 million sale in Greater Phoenix.
Long Island City Building Gets $120M Financing; The Edge Is Top Selling Building in NYC
By Veronica Grecu, Associate Editor One of the leading commercial real estate finance companies in the U.S., Walker & Dunlop LLC of Bethesda, Md., recently announced that it provided $120 million financing for a high-rise apartment building in Long Island City, N.Y. The financing team lead by Walker & Dunlop’s Steven Heller arranged a 10-year [...]
Eastern Consolidated exclusively brokers the sale of a residential development site for $45.3 million, and Grandbridge Real Estate Capital finances a first mortgage.New York 06 July 2015 18:01
Why a church helped develop a new mixed-use community in Queens.Northeast 10 June 2015 15:22