Finkelstein Timberger East Real Estate, a real estate owner and management company that manages residential apartment buildings, has secured a $63.8 million loan from Morgan Stanely to refinance an eight-property multifamily portfolio in the Bronx.
The property, located in a qualified opportunity zone in the Bergen-Lafayette neighborhood, was sold by a partnership between Alpine Development, Fields Development Group and Grade Development Co.
Helmsley Spear, a1 866-founded real estate firm founded has arranged a refinancing transaction for Kings Hotel, located at 2416 Atlantic Ave. in Brooklyn.
The four governors announced indoor portions of retail shopping malls, amusement parks and bowling alleys in the four states will close by 8 p.m. Thursday—an expansion of the guidance that the three governors from the tri-state area issued Monday.
Rockport Mortgage Corporation has closed an FHA Section 223(f) refinancing loan of $38.6 million for Union Street Houses in Brooklyn. Scott Jaffee, a managing member of Metropolitan Realty Group, owns the property.
To shoulder the temporarily new normal of isolation in the face of the current public health crisis, real estate brokers are relying heavily on technology more than ever to get deals done.
Harlem has always had a smaller sample size of office product relative to the rest of the city. But that hasn’t stopped developers from building in the submarket and convincing investors to wrap their heads around smaller office floor sizes, Brent Glodowski, director at Avison Young, tells GlobeSt.com.
ABS Partners Real Estate, a New York City-based real estate firm, has promoted Joseph Leone, a property management executive with more than two decades of experience in New York City office buildings, to Director of Property Management.
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