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NEW YORK CITY—With total buildable square feet of up to 300,000 square feet, the parcel was snapped up by a hotelier who plans to build a property or two, Massey Knakal chairman Bob Knakal tells GlobeSt.com.
WOODBURY, NY—--NorthStar Real Estate Income II, Inc. reports it originated a $144-million senior loan secured by a portfolio of 28 Long Island-based commercial office properties owned by RXR Realty, LLC.
TAMPA, FL—Real estate firm Franklin Street reports that it has hired Tom Kersting, formerly of Aon Risk Services of London, as president of insurance services.
LAKELAND, FL—Bethesda, MD-based Walked & Dunlop Inc. reports that it originated a $108-million Fannie Mae MHC loan for the Blair Group for its manufacturing housing community here.
ALBANY, NY—New York State officials announced today the first seven transactions of the NY Green Bank that they say will fuel more than $800 million in clean energy investments statewide.
EAST BRUNSWICK, NJ—CW Solutions, a national real estate services firm specializing in the utilities and wireless telecommunications industries, has been certified as a Disadvantaged Business Enterprise (DBE) under the New Jersey Unified Certification Program (NJ UCP), an initiative that streamlines the certification process. Company president Stacie Curtis talks with NJ correspondent Steve Lubetkin in an exclusive audio interview.
NEW YORK CITY—The Urban Land Institute's annual Emerging Trends report, released Wednesday at its Fall Meeting here, cites the rise of “18-hour cities” beyond the gateway markets.