Mag Capital Partners has acquired a pie manufacturing facility in Rochester, New York. The transaction includes a 20-year leaseback of the 42,700-square-foot facility located at 155 Balta Dr. to current tenant SatisPie.

Real estate stakeholders are on the sidelines trying to forecast just how much economic damage has been done, with many having their eyes toward the flood of forbearance requests mortgage servicers are fielding.

An updated amendment in the New York State 2021 budget bill has moved up the deadline for self-storage facilities to earn tax abatements.

Zeta Charter Schools is leasing 65,000 square feet in the Bronx for its new elementary school called Zeta Bronx Tremont Park Elementary.

Multifamily lender Arbor Realty Trust is launching a national $2 million rental assistance program.

Multifamily is not immune to the effects of the coronavirus pandemic. However, it is still performing, even if it is haphazard.

With ever changing needs to lease agreements as the pandemic unfolds, real estate stakeholders are calling for technology that provides quick access to documents for modification.

Bolivar Development has acquired 3041 Webster Ave. in the Bronx, an 85,000-buildable-square-foot development opportunity, for $6.4 million.