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Brokerage
Posted: November 27, 2007
Castaldo of iCap Realty arranges $1.5m loan
Gus Costaldo of Houlihan-Parnes/iCap Realty Advisors, LLC has arranged a $1.5 million permanent loan for the Knoyzz Clothing Company. Knoyzz has six stores located in Rye Brook and Mount Kisco NY, Westport, Greenwich, New Canaan, and Glastonbury, CT. The eight year loan features interest only for the first year and can be prepaid without a penalty.
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Shawah of Baldwin Pearson Company and Wettenstein of Vidal/Wettenstein negotiate sale of 25,000 s/f building for $1.65 million
Stratford, CT The Olson Steel property at 245 Access Rd. has been sold. The purchaser was a division of Norwalk Marine Contractors which had been occupying the property for the past 15 years. George Shawah of Baldwin Pearson Company
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.