City: Long Island

Long Island Business News Valley East Properties has paid $22 million for two buildings with 140,000 square feet at 100 Merrick Road in Long Island, N.Y. The property, which is 92 percent leased, serves as collateral for $12 million of ...

Commercial Real Estate Direct Staff Report The $43.1 million CMBS loan against the two office complexes that comprise the Crossroads Office Portfolio in Suffolk County, N.Y., has transferred to special servicer CWCapital Asset Management. The loan, securitized through COMM, 2015-CCRE26, ...

Signature Acquisitions has paid $61 million, or $215.80/sf, for the three-building Hauppauge Office Park, with 282,656 square feet in Hauppauge, N.Y. The Cranford, N.J., investor bought the property from Colin Development of Manhassset, N.Y., which was represented by CBRE's Institutional ...

Commercial Observer AVR Realty Corp. has obtained $50 million in financing against The Reserve at the Boulevard, a 240-unit apartment property in Yaphank, N.Y. M&T Realty Capital Corp. arranged the Freddie Mac financing. The property, at 1 Reserve Drive, is ...

JLL's capital markets group has written a pair of Freddie Mac loans totaling $88 million against two apartment properties with a total of 900 units on New York's Long Island. It provided a $57 million loan against the 700-unit Pine ...

Crain's New York Business Altice USA is said to be in talks to lease more than 100,000 square feet of space at One Court Square, a 1.4 million-square-foot office property in Long Island City, N.Y., that's fully leased to Citibank ...

Commercial Real Estate Direct Staff Report RXR Realty Corp. has recapitalized five office buildings it owns on Long Island, N.Y., refinancing nearly $344 million of CMBS debt that had matured and buying out its venture partner, TIAA-CREF. The Uniondale, N.Y., ...

Commercial Real Estate Direct Staff Report An affiliate of Salus Property Investments has paid $75.5 million, or nearly $350/sf, for 60 Charles Lindbergh Blvd., a 217,351-square-foot office property in Uniondale, N.Y. The Charlotte, N.C., investment manager, which is led by ...

Commercial Real Estate Direct Staff Report CWCapital Asset Management has put the defaulted mortgage against 100 Motor Parkway, a 191,663-square-foot office building in Hauppauge, N.Y., on the sales block. The Bethesda, Md., special servicer has hired Mission Capital Advisors to ...