News
Global Holdings Refinances Luxury Residential Near Central Park
Global Holdings has completed a $190-million refinancing of Anagram Columbus Circle, its luxury residential tower located at 1 W. 60th St., near Central Park. JPMorgan served as the agent and provided the loan along with Sumitomo Mitsui Trust Bank. The loan was structured as a first-mortgage refinancing. “Securing this refinancing reflects the continued confidence in Anagram...
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Arrow Closes Permanent Loan for J&M Tower on Hartford Apartments
Arrow Real Estate Advisors closed a $12,500,000 permanent financing secured by a seven-property multifamily portfolio located in Hartford, CT. The loan was arranged on behalf of J&M Tower Group and provided by Amalgamated Bank. The financing was arranged by Arrow founder and managing partner Morris Betesh, director Israel Mermelstein, SVP Morris Dabbah and associate Louis...
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JPI Closes on Construction Financing for $150M Portico in Long Beach
JPI, in partnership with Tokyo Tatemono US Ltd. and BMO Bank, has closed on construction financing for Portico, a $150-million, mixed-use development in Long Beach. Located at 450 The Promenade North, Portico marks the first phase of the Mosaic redevelopment project, formerly known as City Place Long Beach. Slated for delivery in 2028, Portico will feature...
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Essex Brokers Sale of Edgewater Multifamily Property
Chicago-based Essex Realty Group completed the sale of Fairchild Shores, a 28-unit multifamily property at 6211 North Kenmore Avenue in Chicago’s Edgewater neighborhood. Essex Principal Steve Livaditis and Managing Directors Matt Feo and Rick Ofman negotiated the transaction, representing both the seller and buyer. One block from Loyola University’s Lake Shore Campus and Rosemont Avenue...
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City Council Enacts Massive Long Island City Rezoning
The New York City Council has approved the Adams administration’s OneLIC Neighborhood Plan. The largest rezoning the city has enacted in 25 years, the plan will rezone a 54-block swath of this Queens waterfront neighborhood to facilitate construction of up to 14,700 housing units, including 4,350 income-restricted units. It also entails adding 3.8 million square feet...
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Fairstead Breaks Ground on $120M Alexandria Redevelopment
Fairstead has officially broken ground on the $120 million Samuel Madden Homes redevelopment project in Old Town Alexandria, Virginia. The transformative project is Fairstead’s first ground-up construction initiative that will replace the current site’s 66 townhomes with a six-story, 295,000-square-foot mixed-use community. The redevelopment will feature 207 affordable housing residences as well as a brand-new...
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People & Companies News for Week Ending November 14, 2025
Angela Sahi has been appointed CEO of Morguard Corporation. She has retained her president role. The move took effect immediately. Sahi had served as chief operating officer, as well as president, since spring 2024. Before then, she held the title of executive vice-president. Former CEO Rai Sahi has assumed the role of executive chair. Damon...
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Angela Sahi Takes Helm at Morguard Corporation
Angela Sahi was appointed CEO of Morguard Corporation on Wednesday as she retained her president role. The move took effect immediately. Sahi had served as chief operating officer, as well as president, since spring 2024. Before then, she held the title of executive vice-president. Toronto-based Morguard announced that former CEO Rai Sahi has assumed the...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout