News: Brokerage

Gorsky negotiates $5m for refinance of an 832-unit storage facility in N.J.

Meridian Capital Group recently arranged $5 million for the refinance of The Storage Bin. The property contains a total of 832 storage units and is located on 2464 Rte. 9 South. Josh Gorsky of Meridian's N.J. office negotiated on behalf of the borrower to secure a five-year fixed-term at a rate of 6.25%. This property was the borrower's first self-storage purchase 15 years ago. This facility underwent a phase II expansion five years ago. Phase II incorporated a climate controlled portion, and nearly doubled the amount of original units.
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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