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.
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
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.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,