News

"The price-per-door may seem low for multifamily properties in Ravenswood because these buildings are prime value-add opportunities with all units needing to be updated,” says Kiser Group's Danny Logarakis.

A&G Realty's Jan. 28 sale in New York centers on 10 locations including the Lewistown store.

“This acquisition is in line with our strategy of identifying underutilized, high quality food processing facilities that can be retrofitted for modern users,” says Leslie Amoils, president of Infinity Asset Solutions.

Jonathan Rose Companies borrowed the 10-year, fixed-rate loan from Allegiant Real Estate Capital LP.

The New York City Economic Development Corporation approved $132 million in tax-exempt bonds to expand and modernize Richmond University Medical Center.

The Metropolitan Transit Authority subsidiary adds an additional 17,756 square feet in a 15-year lease with SL Green.

The package comes after Baltimore County agreed last month to provide $78 million in funding for infrastructure work at the 3,250-acre property.

Higher mortgage rates, uncertainty about the impact of the new federal tax law and challenged affordability continued (and) will likely continue to play a role suppressing sales levels in 2019,” Douglas Elliman states in the report.