Cooper-Horowitz, Inc. has arranged financing for the following properties:
*Hampton Inn & Suites, I-395 & Rte. 82, Norwich, CT: A proposed 113 room hotel. The loan was for $10.5 million. Robert Vegh and Horowitz represented the firm.
*86 Main St., Yonkers, NY: Office building. The loan was for $9.78 million. Bruce Marcus and Mark Waldman represented the firm.
*184 Nagle Ave., NY, NY: Apartment building. The loan was for $8.4 million. Mark Paragon and Jayson Schwartz represented the firm.
*189 Ave. C, NY, NY: Condominium development. The loan was for $7.8 million. George Stergiopoulos and Jeffrey Horowitz represented the firm.
*Cortina Inn, Killington, VT: Hotel. The loan was for $7.725 million. Max Herzog and Horowitz represented the firm.
*289 Lenox Rd., Brooklyn, NY: A 4-story, 17,000 s/f commercial building with ground floor retail. Joshua Soufeh and Horowitz represented the firm.
*225 East 111th St., NY, NY: Apartment building. The loan was for $3.744 million. David Allen and Bruce Marcus represented the firm.
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary