New York & Tri-State CRE News | New York Commercial Real Estate News

Petros Completes Nation’s Largest C-PACE Financing at 111 Wall St.

New York & Tri-State + Downtown New York + Finance | June 18, 2021

LBB Takes Penthouse Space at Nuveen’s 475 Fifth

New York & Tri-State + Midtown New York + Office | June 18, 2021

Bridge Investment Group Launches Logistics Properties Platform

New York & Tri-State + Midtown New York + Industrial | June 18, 2021

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Latest Downtown New York Stories

Petros Completes Nation’s Largest C-PACE Financing at 111 Wall St.

New York & Tri-State + Downtown New York + Finance | June 18, 2021

Petros PACE Finance, LLC, the Austin-based provider of Commercial Property Assessed Clean Energy (C-PACE) financing, closed an $89-million transaction for 111 Wall St. in the first C-PACE deal completed within New York City’s recently launched program. The funding is also the largest single C-PACE transaction to date. “It wasn’t an easy lift but we got the transaction done without …

Eastview Capital Launches Platform Geared to Small-Balance CRE

New York & Tri-State + Downtown New York + Finance | June 17, 2021

Eastview Capital, headquartered in Lower Manhattan’s Financial District, has launched an investment platform intended to allow investors an opportunity to diversify their portfolio through access to private investments within the realm of small-balance commercial real estate. “Our mission intentionally integrates detailed asset selection, comprehensive due diligence and nimble management capabilities,” said Eastview CEO Daniel Drew. “Each offering …

Latest Fairfield/Westchester Stories

CushWake Arranges Six Leases at White Plains Offices

New York & Tri-State + Fairfield/Westchester + Office | June 11, 2021

Cushman & Wakefield recently arranged six leases totaling 105,840 square feet at 44 South Broadway, a 900,000-square-foot office tower known as Westchester One in White Plains, NY. A Cushman & Wakefield agency leasing team of Matthew Lisk, Steve Baker and Michael McCarthy represented the landlord, Argent Ventures, in all transactions. The leases included: A new 41,109-square-foot lease for …

IPA Closes Sale of Apartments Near Stamford CBD

New York & Tri-State + Fairfield/Westchester + Apartments | June 8, 2021

Institutional Property Advisors (IPA), a division of Marcus & Millichap, recently closed the sale of Hoyt Bedford, a 350-unit apartment complex in Stamford, CT. Terms of the sale weren’t disclosed. “Hoyt Bedford is a 100% market-rate, legacy asset located on the edge of Stamford’s central business district,” said Victor Nolletti, IPA executive managing director. “Just a short walk from Bedford Street Restaurant Row, …

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