News: Front Section

Cooper-Horowitz arranges financing totaling $58.05 million

Cooper-Horowitz, Inc. has arranged financing for the following properties: * Hilton Garden Inn, : A to-be-built 139-unit Hilton Garden Hotel. The loan was for $14 million. Jeffrey Horowitz and Robert Vegh represented the firm. * 815-817 Broadway, N.Y., N.Y. : Two mixed-use buildings. The loan was for $8.45 million. J. Horowitz and David Horowitz represented the firm. * Beattie Rd., New Windsor, N.Y. Acquisition of 200 acres of land for single family home development. The loan was for $8 million J. Horowitz and Bruce Marcus represented the firm. *Westchester Multi-Family Portfolio, Westchester County, NY: 82 co-op units in suburban Westchester County. The loan was for $7.6 million. J. Horowitz and George Stergiopoulos represented the firm. *4355 Broadway, N.Y, and 2 Glen Cove Rd., Long Island, N.Y.: Two existing BP gas station facilities. The loan was for $4 million. J. Horowitz and Robert Vegh represented the firm. *2223 Third Ave., N. Y., NY: A proposed 9-story apartment building with ground floor retail. The loan was for $12.5 million. J. Horowitz and Mark Niman represented the firm. *845 UN Plaza, N. Y., NY: One unit in the Trump World Tower Condominium building. The loan was for $3.5 million. J. Horowitz and Stergiopoulos represented the firm.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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 Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

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!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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