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.
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.
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
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
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.
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.