News: Owners Developers & Managers

Cooper-Horowitz arranges financing totaling $92,897,860

Cooper-Horowitz, Inc. arranges financing for the following properties: *75 First Ave., a 13-story, 34-unit condo development. The loan was for $21 million. George Stergiopoulos and Bruce Marcus represented the firm. *FedEx Distribution Center, One Johnson Rd., Inwood, NY, a 1 and 2 story industrial building containing 45,960 s/f of office and warehouse space. The loan was for $7.492 million. Jayson Schwartz represented the firm. *198 Grumman Rd., Bethpage, NY, a industrial building. The loan was for $11.55 million. Schwartz represented the firm. *The Bernard Court & The Crossroads Shopping Center, Jonesboro, Arkansas, 2 retail centers containing 150,065 s/f. The loan was for $13.7 million.George Stergiopoulos and Jeffrey Bijur represented the firm. *Jackson Plaza Shopping Center, Cookeville, Tenn.: A 350,742 s/f shopping center. Acquisition financing for $24.3 million and preferred equity for $4.456 million. Stergiopoulos and Bijur represented the firm. *Brookstone Valley Apartments, Drummond Square, Flint, MI: A 219 unit garden apartment complex. The loan was for $4.2 million. Robert Vegh and Mark Waldman represented the firm. *Madison Park Townhouse, Vanderbilt Dr., Mount Morris, MI: A 150-unit garden apartment complex. The loan was for $6.2 million. Vegh and Waldman represented the firm.
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Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
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Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.