CBRE Capital Markets arranges $19.2 million loan on behalf of Bluerock R.E.

Keith Braddish, managing director, along with vice president Jason Gaccione, both of CBRE's Capital Markets, has secured a $19.2 million loan on behalf of Bluerock Real Estate, LLC, to facilitate the land acquisition and pre-development of a 51 ft. by 100 ft. land parcel at 1355 First Ave. The bridge facility was structured on an interest only non-recourse basis, with a competitive rate over LIBOR. 1355 First Ave. is located mid block on First Ave. between 72nd and 73rd Streets Development plans for the site consist of a 34 store, condominium building with 100,000 s/f. Ownership envisions full-floor sized apartments. "This is the third major residential condominium development undertaken by Bluerock Real Estate within the past 24 months," said Braddish. "They are currently building two major condominium developments along Miami Beach, which are both substantially pre-sold."

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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