ERG Property Advisors is pleased to have been named the exclusive broker for a South Brooklyn Mixed-Use Portfolio which includes 4 mixed-use buildings with 30 residential units, 11 commercial units and 31 parking spaces in the Bensonhurst, Bay Ridge and Bath Beach neighborhoods of Brooklyn.
Mercantile Capital Corporation, one of the nation's leading providers of U.S. Small Business Administration 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for Florida Vein Care recently for $535,000 in total project costs.
On August 25, 2012, the Connecticut Real Estate Investors Association (CT REIA) will be hosting a Saturday seminar with Attorney Bob Diamond. Attendees will learn how to acquire properties with built in bank financing.
Carin Constant of East Hampton, NY purchased an East Hampton home in 2000 that was considered one of the worst homes in the neighborhood. Seven years later, she sold the newly renovated home for quite a profit. Proof that buying low and renovating can be a great financial decision, especially with the current number of foreclosures currently on the market.
KTGY announces the grand opening of a new KTGY-designed eco-friendly 332-bed student housing community at the University of Wyoming in Laramie, known as Bison Run Village. The developer is American Campus Communities, Inc. (NYSE:ACC), one of the largest owners, managers and developers of high-quality student housing properties in the U.S.
Edward B. Hanley and Eric P. Wohl of Hanley Investment Group assisted with the sale of stock in the company that owned the landmark Vons Pavilions anchored shopping center located in Newport Beach, Calif., in an off-market transaction. The sale price was $34,890,000, which would represent $790 per square foot on fee simple basis, the highest sale price per square foot in the last 5 years.