67 Pitt Street – Finance

Berko & Associates procured the financing for the mixed use property at 67 Pitt Street.

2173 Pacific St – Finance

Berko & Associates was able to arrange financing for the property located at 2173 Pacific Street.

96 Ralph Ave – Finance

Berko & Assoiates procured the financing for the mixed-use building at 96 Ralph Avenue in the prestigious Midwood section of Brooklyn.

323 East 90th St – Finance

The Finance & Capital Markets Group at Berko & Associates refinanced the mortgage for the Upper East Side multi-family building.

440-446 St. Nicholas Ave Gets Financing

Michael Korine, Managing Director of the Finance & Capital Markets Group at Berko & Associates, successfully procured permanent financing for two adjacent buildings in Central Harlem. The properties, 440-446 St. Nicholas Ave, total 29,000 SF and contain 40 residential units with numerous upgrades to the mechanicals and common areas. The Capital Markets Group sourced conventional

Berko and Geller Package 4 Buildings in Washington Heights

Joe Berko, Founder and President, and Steve Geller, Director of Investment Sales, at Berko & Associates, have successfully negotiated the sale of a four building package in the Fort George neighborhood of Washington Heights. Geller said, “The properties had been for sale for a long time so the market finally moved up closer to his

Futures Sag After Records Repeat With Asia Opening Mixed

Futures for U.S. markets were lower late Monday after investors pushed all three major U.S. indices to fresh records during regular trading amid a dearth of bad news. Futures for Nasdaq were off 0.09%, while the S&P 500 trimmed 0.1% and the Dow Jones Industrials 0.09% at 10:06 p.m. EDT. U.S. indices closed at renewed

Berko Launches Hospitality Group

Berko & Associates, a New York City-based multidisciplinary real estate brokerage firm that specializes in strategic solutions for investors, has launched a hospitality group that will specialize in comprehensive support to the Hospitality Industry. Berko & Associates will be adapting to the specific needs of each investor to provide a level of service unrivaled in

International Capital is Flowing

International capital has been flowing into the United States at a large and ever-increasing scale, dominated by Canadian, Chinese, Australian, and South Korean sources. Canada, the largest investor into the United States, provided much of their capital through their REITs, which allow investors to take advantage of investment grade assets outside of Canada, where the

Letter of Intent – Israel’s Flourishing Bond Market

The bond alternative is a unique proposition to tap into capital overseas, and many of the largest real estate investment groups in New York have been taking advantage and making the news. What many may not be aware of is that there are a multitude of smaller companies who have been successfully listed on the

Bumpy Israeli Bond Deals a Warning to US Developers

Law360, New York (September 24, 2015, 12:17 PM ET) — The hiccups that U.S. real estate developers have recently faced in Israel’s bond markets show the importance of being able to quell local concerns about unique assets or structures underwriting a deal, as well as other key lessons for maneuvering in the ever-popular capital market,

Flush From Outer Borough Market Binge, Joe Berko Makes a Bet on the West Side

Joe Berko, the founder and president of commercial real estate advisory firm Berko and Associates, is making a huge bet on the Far West Side. Berko, who has been watching the moves of firms such as Moinian, Durst and Brookfield in the area, said that he is in the process of marketing a one million

Q&A with Joe Berko: Big Deals, Israeli Bonds, and Why They Could Be the Next EB-5

A reigning CoStar Power Broker of the Year award winner, Joe Berko’s an up-and-comer in New York’s investment sales circuit. Despite setting a personal best with a $182M deal lat year, Joe’s biggest play has been his foray into Israeli bonds, a popular source of capital for New York’s biggest players. By partnering with two

4 Ways To Help US Developers Tap Israeli Capital Markets

Law360, New York (February 27, 2015, 3:14 PM ET) — A wave of high-profile U.S. property developers have recently turned to Israel’s attractive bonds market to raise funds for new projects. But while the market is welcoming to American companies, there are four key points clients should keep in mind before jumping in, experts say.

Letter of Intent – Brooklyn’s Continued Development Boom

Brooklyn’s total new development sponsor sales in the first quarter of 2015 grew 95% from fourth quarter 2014 and the median sales price jumped an astounding 28%, while the median price per s/f slowed down a bit and pulled back just over 5%. The flourishing neighborhoods of Clinton Hill, led by sales at 260 Greene,

Berko & Associates Plots National Expansion – RE Finance

March 17, 2015 – New York, NY – Berko & Associates, the New York City-based commercial real estate advisory company, is extending its reach outside of its traditional urban investment market through intensifying client relationships and working on a more national scale. Berko’s managing director and head of finance and capital markets, Michael Korine, sat down with REFI and

Berko & Associates Featured in Real Deal – “Neighborhood dive: Bushwick reborn”

From desperate decay to hipster haven, the Brooklyn nabe is gentrification epitomized http://therealdeal.com/issues_articles/neighborhood-dive-bushwick-reborn/

Hornig, Savanna Buy Original Schlitz Brewery for $33.7M

Daren Hornig‘s Hornig Capital Partners, Savanna and Chelsea Village Associates have purchased a 170,000-square-foot warehouse building at 95 Evergreen Avenue in Bushwick for $33.7 million, Commercial Observer has learned. The sale of what was originally constructed as the historic Schlitz Brewery closed today. According to Lee Silpe, the senior analyst and chief operating officer of

Developers plan to convert the Schlitz beer-bottling plant in Brooklyn into work lofts

Developers are hopped up and ready to convert the old Schlitz beer-bottling plant in Brooklyn into Dumbo-style work lofts and retail space for the neighborhood’s tech-savvy newcomers. The 65-year-old building dominates an industrial corner on Evergreen Ave. at George St. in Bushwick. The new ownership team just paid $33.7 million for the five-story brick behemoth,

95 Evergreen – Savanna JV Acquires Former Schlitz Brewery

NEW YORK CITY—Locally-based Savanna and joint venture partners Hornig Capital Partners and Chelsea Village Associates have acquired the former Schlitz Brewery in the Bushwick section of Brooklyn. The new ownership plan an extensive capital improvement program to convert the industrial building into office and retail space. A spokesperson for Savanna, a private real estate equity