News: Brokerage

Rice of CBRE's Capital Markets group arranges $31m bridge financing

Geoffrey Rice, a senior vice president in CBRE's New York Capital Markets group, has secured bridge financing totaling $31 million on behalf of Eagle Ridge Resort, LLC., an affiliate of Loeb Partners Realty LLC. The three-year bridge loan, provided by Textron Financial, will enable ownership to complete the rehabilitation and expansion of the resort property. The bridge facility was structured with interest-only payments for the first 24 months of the term of the financing and a 30-year amortization schedule thereafter. Eagle Ridge Resort & Spa, a 750-acre Midwest golf and four-season resort, is located on 6,800 acres, 20 miles east of Dubuque, Ia. and 153 miles west of Chicago.
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Columns and Thought Leadership
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
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

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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
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.