Final Days to Nominate for CRE’s Women of Influence

Chosen individuals will be recognized at our GlobeSt. Women of Influence Awards Dinner in Park City, Utah on July 23. Submit your nominations before the approaching deadline!

       

source https://feeds.feedblitz.com/~/620950882/0/globest/new-york~Final-Days-to-Nominate-fornbspCRE%e2%80%99s-Women-of-Influence/

NJ TRANSIT to Secure $1.7B in CARES Act Funding in Response to Coronavirus

The funding for the New Jersey transit system was announced by US Rep. Chris Smith (R-NJ) and requires no local matching cost-share. The $2-trillion stimulus bill called the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by the House and signed into law by President Trump on March 27.

       

source https://feeds.feedblitz.com/~/620931162/0/globest/new-york~NJ-TRANSIT-to-Secure-B-in-CARES-Act-Funding-in-Response-to-Coronavirus/

Real Estate Expert Warns Against Incomplete Information In Decision Making

With the mounds of information coming out from the government and media, real estate stakeholders are cautioned. Information is moving quickly and may not always spell out what needs empathy in order to navigate the market uncertainty amid the coronavirus pandemic, also known as COVID-19, Real Estate Equities Expert Terri Gumula tells GlobeSt.com.

       

source https://feeds.feedblitz.com/~/620931092/0/globest/new-york~Real-Estate-Expert-Warns-Against-Incomplete-Information-In-Decision-Making/

Innovo Property and Square Mile Land $305M Financing For Bronx Industrial Facility

Innovo Property Group and Square Mile Capital Management have landed $305 million in construction financing from the Bank OZK and EverWest Real Estate Investors to develop a one million square foot, two-story Class A logistics and distribution facility at 2505 Bruckner Boulevard in the Bronx. Cushman & Wakefield arranged the financing.

       

source https://feeds.feedblitz.com/~/620928168/0/globest/new-york~Innovo-Property-and-Square-Mile-Land-M-Financing-For-Bronx-Industrial-Facility/

Loan Monitoring Emerges Highly-Sought Service for Rampant Risk Underwriting

Townhouse Partners, a due diligence firm servicing commercial real estate firms nationally, has seen an uptick in requests for services underwriting risk in loan portfolios amid the current changing economic landscape due to the coronavirus pandemic.

       

source https://feeds.feedblitz.com/~/620929516/0/globest/new-york~Loan-Monitoring-Emerges-HighlySought-Service-for-Rampant-Risk-Underwriting/

Astoria Apartment Building Trades In Virtual Transaction

Amid social isolation and national quarantine guidelines attributed to the current coronavirus pandemic, an Astoria, Queens apartment building at 31-65 29th St. has traded for $16.7 million.

       

source https://feeds.feedblitz.com/~/620927512/0/globest/new-york~Astoria-Apartment-Building-Trades-In-Virtual-Transaction/

KAR Properties Leans on Data Analytics, Tends Hindrances to Mortgage Service

KAR Properties is monitoring all data in regards to the unraveling of some of the sectors of the economy and the reaction to the coronavirus pandemic, also known as COVID-19, and its tenants in the ability to honor lease agreements and meet rental payment guidelines.

       

source https://feeds.feedblitz.com/~/620764230/0/globest/new-york~KAR-Properties-Leans-on-Data-Analytics-Tends-Hindrances-to-Mortgage-Service/

Real Estate Firms Create Forum To Navigate Coronavirus, Capital Improvement Exploration

The coronavirus pandemic has brought some commercial real estate stakeholders together as some create forums to maintain an ongoing dialogue about the impacts companies are facing and best practices being utilized to navigate uncertainties.

       

source https://feeds.feedblitz.com/~/620763124/0/globest/new-york~Real-Estate-Firms-Create-Forum-To-Navigate-Coronavirus-Capital-Improvement-Exploration/