Deal News / Articles

FEBRUARY 22, 2022 –  Published in AZ Big Media   Commercial real estate (CRE) is regarded as one of the most reliable performers in regard to investing, stability consistency, and a profitable market. However, the pandemic has brought on a slew of challenges resulting in volatility in the commercial real estate market. From rising interest

November 21, 2017 – NYREJ The Israeli Bond market is booming. To date, 27 US real estate entities have gone to the Israeli public debt markets, bringing back approximately $6 billion to the shores of the U.S. Initially seen as a financing fad limited to the those operating in the metro-NYC market, US issuers from

Andrew Milbank, Co-Director of the Finance & Capital Markets Team at Berko & Associates, completed a financing transaction for a $59.6 million construction loan to complete the construction of The Residences at Glen Harbor, a 48-unit condominium project on Long Island. The 165,000 SF project carries a 30-month term. The developer, Racanelli Construction is set

Manhattan, NY Berko & Associates has completed the sale of a $30.6 million block of retail at the base of the Atrium Building. The asset is located at 152-168 Bleecker St. in Greenwich Village between Sullivan and Thompson Sts. Angel Ramos and Steve Geller, both associate brokers at Berko & Assocs., negotiated the deal. The

Joe Berko and Michael Korine, of Berko & Associates have completed a $27,000,000 blanket financing package to recapitalize The Paper Factory Hotel, and to fund the expansion of the sponsor’s concept to the up-and-coming neighborhood of Greenpoint. The initial construction financing for The Paper Factory Hotel, an ultra-hip luxury destination in Long Island City set

A firm that focuses on high-end townhouse redevelopment has bought two of them, paying $21.5 million. The buyer plans to refurbish them and sell them off for nearly double what it paid. A Long Island-based investment firm acquired 55 W. 90th St. on the Upper West Side and 36 W. 10th St. in the West

A firm that focuses on high-end townhouse redevelopment has bought two of them, paying $21.5 million. The buyer plans to refurbish them and sell them off for nearly double what it paid. A Long Island-based investment firm acquired 55 W. 90th St. on the Upper West Side and 36 W. 10th St. in the West

Berko & Associates announced the $24 million sale of 809 Broadway — the former Blatt Billiards loft building, south of Union Square — to IDM Capital, which plans to build a fifteen story commercial/residential tower on the site. “We were able to raise significant interest and had multiple offers from qualified buyers,” said Joe Berko,

Berko & Associates President Joe Berko, and VP of Investment Sales Steve Geller, have successfully transacted the newly constructed mixed use property located at 40-07 73rd Street in the bustling Jackson Heights/Woodside neighborhood of Queens, NY to NYC-based fund aggressively buying properties in prime locations. The 6-story, 55,000 square foot elevator building was finished in

Agustin Pena, Director of Investment Sales at Berko & Associates has successfully negotiated the sale of a 3-building 400k SF flex portfolio in the Northeast Philadelphia submarket. The buildings were well-located close to I-95 and are triple-net leased to strong local and national tenants. The investment transpired due to the strong cash flow of the