1+ day, 18+ hour ago   (266+ words) PACE Loan Group (PLG) has hired a commercial real estate veteran and finance leader to shepherd its capital markets momentum in the growing commercial property assessed clean energy (C-PACE) market. Sacco began his finance career as a management consultant in…...

1+ day, 20+ hour ago   (206+ words) New York-based real estate management and development firm First Pioneer Properties, along with ABS Partners Real Estate, has acquired a Queens retail center from Levy Properties for $23.5 million, property records made public Thursday show. The one-story property at 213-04 Northern Boulevard…...

1+ day, 16+ hour ago   (321+ words) The steady climb of commercial property assessed clean energy (C-PACE) financing around the U.S. has made its way to one of Boston’s tallest buildings. Millennium Partners has secured a $281 million C-PACE loan to implement energy efficiency upgrades at the 62-story Winthrop…...

1+ day, 18+ hour ago   (299+ words) Fancy a trip to the Boardwalk? A pair of New York-based real estate development and investment firms — Nalcorp and Clipper Equity — have acquired a land parcel at 2015 Boardwalk West, an oceanfront development in Coney Island, Brooklyn, from seller Bath Site…...

1+ day, 20+ hour ago   (392+ words) Pinnacle Group has offloaded a $128 million residential and retail condominium portfolio in New York City, less than a year after selling off its rent-stabilized assets. The massive trade, filed in city records this week, spanned 39 transactions across Queens, Brooklyn and…...

1+ day, 21+ hour ago   (197+ words) Miami developer Aconcagua Group has landed $35 million of construction financing to complete a multifamily project in Miami-Dade County, Commercial Observer has learned. S3 Capital provided the loan for the third and final phase of the 374-unit Casa Princeton apartment community in…...

1+ day, 23+ hour ago   (157+ words) Zuckerman Gravely has secured $50.75 million to refinance Potomac Place Shopping Center, an 80,000-square-foot, Class-A grocery anchored retail center in Potomac, Md., a suburb just outside of Washington, D.C., Commercial Observer can first report. Nationwide Life Insurance Company provided the debt, structured as…...

2+ day, 16+ hour ago   (218+ words) The Westphal Company has secured $56.1 million in permanent financing for a 354-unit apartment complex in eastern San Diego County. Northmarq arranged the fixed-rate financing through the firm’s Fannie Mae platform. The nonrecourse loan carries a 10-year term with interest-only payments…...

2+ day, 17+ hour ago   (446+ words) Five years after the Javits Center underwent a $1.5 billion expansion, the Hudson Yards convention venue is continuing to expand its bandwidth to boost its events business and the adjacent New York City hospitality industry. “So many people who are coming…...

2+ day, 20+ hour ago   (277+ words) Zimmet Law Group is relocating its practice inside Manhattan’s Plaza District. Zimmet signed a 5,476-square-foot lease for a newly completed space inside GFP Real Estate’s 515 Madison Avenue, also known as the DuMont Building. Located at the corner of East 53rd Street,…...