M&T Bank has completed a $78 million loan with Two Trees Management, who will purchase land for the proposed development of two mixed-use towers and a six-acre park in Williamsburg, Brooklyn.
Up until his appointment, Brown served as senior project manager at CBRE, where he partnered with clients and managed efforts of design consultants and general contractors to achieve project goals.
New Jersey US Senators Cory Booker and Bob Menendez joined 13 other Northeast Senators in a letter to FRA Administrator Ronald Batory that the agency finalize and approve plans to immediately advance the Hudson Tunnel Project into the design and construction phase, noting the project secured draft Environmental Impact Statement approval in 2017.
In 2019, there was increased investor appetite for office product outside of New York.
Investors have stars in their eyes when it comes to seniors and transit-oriented housing because demand has outpaced supply for both asset types in core markets.
Greystone, a national commercial real estate lender and investment advisory firm, has provided approximately $105 million in HUD-insured financing for the preservation of two New York City affordable housing developments.
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The adoption of 5G in the commercial real estate sector has proved more challenging than expected for developers, landlords and building owners constructing or enhancing the digital infrastructures of their properties.
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