News
Eastern Union secures $15. 9 million in financing for multi-family conversion project in East Peoria
2+ hour, 19+ min ago (284+ words) East Peoria, IL Eastern Union arranged a $15. 918 million acquisition and construction loan for the conversion of a former assisted living facility into a 246-unit multifamily property located at 500 Centennial Dr. The financing was arranged by senior loan originator Joe Siegfried…...
Some cracks are developing in the luxury fashion marketplace - by Joseph Aquino
2+ hour, 34+ min ago (1263+ words) For some time now, I have been saying that cracks are beginning to develop in the luxury fashion marketplace. Not a collapse " luxury will always survive " but perhaps the beginning of a correction after years of extraordinary growth, aggressive expansion,…...
Marcus & Millichap closes multifamily asset sale in Brooklyn for $23. 5 million
1+ day, 2+ hour ago (211+ words) New York Real Estate Journal Marcus & Millichap closes multifamily asset sale in Brooklyn for $23. 5 million Brooklyn, NY Marcus & Millichap closed the sale of 1000 Ocean Pkwy. , a 122-unit apartment building. The property sold for $23. 5 million, or $192, 623 per unit. "We knew this…...
Avison Young arranges sale of vacant parking garage for $57 million
2+ day, 14+ hour ago (289+ words) Manhattan, NY Avison Young arranged the sale of an 8, 850 s/f site located at 60 North Moore St. in Tribeca for $57 million. The lot, which has over 100-ft. of frontage between Hudson and Greenwich Sts. , hosts a vacant five-story car garage…...
Forbes Global Properties launches in the United Kingdom: Led by Bikhit, the firm will represent the UK's best-in-class homes priced over "10 million
2+ week, 1+ day ago (645+ words) New York Real Estate Journal Forbes Global Properties launches in the United Kingdom: Led by Bikhit, the firm will represent the UK's best-in-class homes priced over "10 million London, England Forbes Global Properties, an international network of invitation-only real estate brokerages,…...
Marcus & Millichap brokers $54. 22 million five-property Long Island portfolio sale
2+ week, 3+ day ago (269+ words) New York Real Estate Journal Marcus & Millichap brokers $54. 22 million five-property Long Island portfolio sale Farmingdale, NY Marcus & Millichap negotiated the sale of a five-property, 275, 938 s/f multi-tenant industrial portfolio on Long Island. The portfolio sold for $54, 222, 673. "Owned by the same…...
Fitzgerald of Largo Capital secures $15 million construction loan for 156-unit Forest Cove housing development
4+ week, 1+ day ago (145+ words) New York Real Estate Journal Fitzgerald of Largo Capital secures $15 million construction loan for 156-unit Forest Cove housing development Bradenton, FL Ian Fitzgerald of Largo Capital, Inc. arranged a $15 million construction loan for Forest Cove, a 156-unit workforce housing development....
Pernsteiner joins Empire & Co. as director of hospitality
1+ mon, 1+ day ago (350+ words) New York Real Estate Journal Pernsteiner joins Empire & Co. as director of hospitality Manhattan, NY Empire & Co. welcomes Hayley Pernsteiner as director of hospitality to spearhead the brand's newly established hospitality-focused division. With over 10 years of experience spanning interior design…...
2026 Ones to Watch - Industry Leaders: Tyler Culberson, Standard Brokerage Company
1+ mon, 1+ day ago (321+ words) Tyler leads with a clear focus on industrial real estate and a relentless commitment to clients. His hands-on approach, creative deal-making, and ability to navigate complex transactions have helped position SBC as a trusted partner across the Capital Region and…...
Manhattan Retail, Rewritten: A Luxury Market in Transition - by Joseph Aquino
1+ mon, 4+ day ago (793+ words) If you walk Madison Avenue or So Ho today, you'll feel something familiar " but not quite the same. Luxury is back in Manhattan. But it's not the old luxury. It's more disciplined, more strategic, and far more deliberate than what…...