Northgate Real Estate Group closed on a seven-building Brooklyn multifamily portfolio for $18.6 million, a 54% premium over the $12.1-million opening bid. The sale was conducted live and online and approved by... Read more »
The Azzi Group of Marcus & Millichap has closed the sale of 6121 Woodman Ave., a 45-unit apartment property in Van Nuys. The sale price was $9 million, or $200,000 per unit,... Read more »
There’s a lot of noise in real estate right now. Private listings. MLS debates. Industry changes. New rules. But what if none of it actually matters? TAKE THE INMAN INTEL INDEX SURVEY... Read more »
Levin Johnston, the #1 multifamily team nationally within Marcus & Millichap, represented the seller and procured the buyer in the investment sale of Park Plaza, a multifamily property located in San Jose. Executive... Read more »
Hanley Investment Group Real Estate Advisors completed the sale of four separate Southern California retail pad and strip center assets totaling more than $32 million. The properties were sold individually as part of... Read more »
Marcus & Millichap closed the $9.75-million sale of 42-81 Hunter St., a development site in the Court Square neighborhood of Long Island City, Queens. David Cornejo, Shaun Riney and Sean Fopeano of Marcus & Millichap’s New York City office, represented the seller, Werwaiss Properties, and procured the... Read more »
Aspire’s first securitization includes 752 loans to borrowers with an average credit score of 754 and a weighted average combined loan-to-value (LTV) ratio of 69.79%. Select Portfolio Servicing will serve as servicer.... Read more »
On paper, Maile Aguila’s story reads like a fairy-tale version of the American dream: After 30 years of hard work, a daughter of 1960s Cuban exiles sells $1 billion worth of Miami... Read more »
Thorofare Capital, a national commercial real estate debt manager and affiliate of Callodine Group, has closed on two floating-rate senior mortgage loans totaling $74.23 million in Southern California. The financings include an industrial... Read more »
RXR, in partnership with One Investment Management, has closed on more financing for the $500-million-plus office-to-residential conversion of 61 Broadway, an office building in Manhattan’s Financial District, into a 796-unit residential tower. Construction... Read more »