City: Long Island

An affiliate of Inland Real Estate Group has paid $190 million, or $650,694/unit, for the 292-unit Arboretum apartment property in the Long Island, N.Y., village of Farmingville, N.Y. The Oak Brook, Ill., investment manager acquired the property from its developer, ...

Commercial Real Estate Direct Staff Report Jericho Plaza, with 665,592 square feet of office space in the Long Island, N.Y., town of Jericho, has been reappraised at a value of $161.9 million, just more than the $149.2 million CMBS loan ...

Commercial Observer Bank OZK and PGIM Real Estate have provided $114.2 million of construction financing for the development of a 262-unit apartment property at 214 West Main St. on the Long Island village of Patchogue, N.Y. Bank OZK provided a ...

Greystone has provided $166.25 million of Freddie Mac financing against the 388-unit Core at Station Yards apartment property in the Long Island, N.Y., hamlet of Ronkonkoma. The 10-year loan allowed the property's developer, a venture of Tritec Real Estate Co. ...

Commercial Observer Apollo Global Management has provided a $62.5 million loan against the 150-unit Carlo Wind Watch apartment property in the Long Island village of Hauppauge, N.Y. The property, which opened last December, is owned by Southern Land Co. of ...

Commercial Observer AllianceBernstein has provided $120 million of mortgage financing against the 399,917-square-foot Hampton Business District in Westhampton, N.Y., on Long Island. The five-building industrial property is owned by Rechler Equity Partners of Melville, N.Y. JLL arranged the financing. Hampton ...

Blue Owl Capital has provided $54 million of financing against the 67-room Baron's Cove in Sag Harbor in the Hamptons area of Long Island, N.Y. The hotel, at 31 West Water St., is owned by a venture of Blue Flag ...

Commercial Observer Truist Financial has provided a $140 million loan against the 418-unit Shoregate apartment property in the Long Island town of Bay Shore, N.Y. The property is owned by Tritec Real Estate of Ronkonkoma, N.Y. The loan retires $113 million ...

Commercial Real Estate Direct Staff Report Gurney's Montauk Resort and Seawater Spa in the Long Island, N.Y., village of Montauk, has substantially underperformed expectations, impacting its ability to refinance its $217.5 million mortgage, which matured last month. The 99-year-old property, ...

Corniche Capital has paid $15.25 million, or $80.29/sf, for the 189,631-square-foot industrial property at 901-931 Burman Blvd. in the Long Island, N.Y., village of Calverton, N.Y. The New York investor acquired the property from the KABR Group of Ridgefield Park, ...