Front Section

Vornado and PNC plan to build LEED Platinum 365,000 s/f office building

The joint venture of The PNC Financial Services Group, Inc. and Vornado/Charles Smith launched a plan for one of the city's first office bui...

Alafia Crossing adds three restaurants for its $98m mixed-use project

According to executives for the eco-friendly Alafia Crossing project, the $98 million mixed-use project, which includes a new Holiday Inn Ho...

PNC ARCS secures $22.523 million loan

PNC ARCS, a PNC Real Estate Finance company, arranged $22.523 million in financing for the Hampton Place Apartments, a 132-unit property. Th...

Taurus completes $14m sale/leaseback of 356,541 s/f facility

Taurus Investment Holdings closed on the $14 million purchase of a newly constructed, 356,541 s/f manufacturing/distribution facility throug...

Mitchell of iCap Atlanta arranges $6.5m refinance of 67,610 s/f retail center

Bill Mitchell of iCap's Atlanta office recently arranged a $6.5 million loan for the refinancing of a 67,610 s/f, Publix-anchored shopping c...

Bjornsund of NorthMarq negotiates $2.65m mtge.

Craig Bjornsund, senior VP and managing director of NorthMarq Capital, Inc.'s N.Y.C. regional office, arranged first mortgage financing in t...

CCIRE handles a total of four retail center sales

Cohen and Co., Inc. Real Estate (CCIRE) completed four sales that include: Albany Sq. Shopping Center, a 125,000 s/f center; Ordnance Plaza,...

The nervous housewife clause

I got my training in reviewing commercial loan documents for developer clients in the late sixties and most of the decade of the seventies. ...

Hamilton Co. acquires 3 buildings for $2.5m from Pallotta and Warner

The Hamilton Company under the leadership of Harold Brown, Carl Valeri and its subsidiary, Mauralago LLC., acquired the Welch Co. building ...

United Multi Family's Cawley and Braun handle $2.2 million sale

United Multi Family brokered the sale of an 11 unit apartment building at 122 Berkshire St. for $2.2 million ($200,000 per unit). Handled b...