Subject: Northeast Regional Digest (NEDIG)

Commercial Observer Madison Realty Capital has provided a $90 million loan against the 300-unit Clifton & Co. apartment property in the northeast New Jersey city of Clifton. Newmark arranged the financing. The three-story property, at 691 Clifton Ave., is being ...

Commercial Observer Hanover Capital has provided a $25.8 million loan against the 52,578-square-foot retail property at 10-04 Borden Ave. in the Long Island City section of Queens, N.Y. The loan, arranged by HKS Real Estate Advisors, allowed the property's owner, ...

Commercial Observer Thor Equities has paid $56 million, or $965.52/sf, for the 58,000-square-foot mixed-use building at 1165 Broadway in the NoMad section of Manhattan. The New York investor acquired the six-story property, the former Coleman House hotel that was built ...

Commercial Observer Citibank has provided $28.5 million of mortgage financing against the 50,159 square feet of retail space at the base of the apartment property at 484-526 Myrtle Ave. in the Clinton Hill section of Brooklyn, N.Y. The loan requires ...

Affinius Capital has provided a $300 million loan against the 495-unit apartment property at 102 Fleet St. in downtown Brooklyn, N.Y. The property is owned by the Jay Group of Brooklyn, which will use proceeds of the financing to fund ...

Commercial Observer A venture of Kaufman Investments and Two Sigma Real Estate has paid $52 million, or $379.56/sf, for the 137,000-square-foot office building at 40 West 25th St. in Midtown Manhattan. It acquired the property from a venture of Kaufman ...

South Florida Business Journal Guilford Development Group has sold the 63,964‑square‑foot office building at 9995 SW 88th St. and 8625 SW 101st Ave. in Miami for $30 million, or $469.02/sf. The Coral Gables, Fla., company sold the two-story property to ...

Commercial Observer JSRE Acquisitions has paid $40 million, or $3,846/sf, for the 10,400-square-foot retail building at 713 Madison Ave. on Manhattan's Upper East Side. The New York investor bought the six-story building from French luxury retail company Longchamp, which acquired ...

Commercial Observer Pearl Realty Management has paid $28 million, or $215.38/sf, for the 130,000-square-foot Paragon Building, part of the Point LIC office complex, in the Long Island City section of Queens, N.Y. The Brooklyn, N.Y., company purchased the building from ...

Commercial Observer Two Trees Management has paid $37 million, or $312.58/sf, for the 118,367-square-foot warehouse and adjoining lot at 69 Ninth St. in the Gowanus section of Brooklyn, N.Y. The local developer acquired the property, which sits on a 2.89-acre ...