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Hampshire Properties Pulls in $115M Refinancing for Luxury Apartment Project
Real estate investment firm Hampshire Properties obtained $115 million to complete construction of its 302-unit apartment property in Midwood at 1277 E. 14th St. in Brooklyn, NY. The eight-story, 265,000-square-foot multifamily project is the largest...

Stone Point Capital To Acquire Sabal Capital Partners
Pat Jackson, Sabal Capital Partners founder and chief executive. Image credit: Sabal Capital Partners Stone Point Capital, a financial services-focused private equity firm, plans to acquire Sabal Capital Partners, a diversified financial services firm...

Exit Realty Search, Axre Join Better Homes and Gardens Rand Realty
Nanuet, NY-based Better Homes and Gardens Rand Realty merged with two local brokerage shops located in the Westchester market. Exit Realty Search, which primarily serviced all areas of Westchester, Long Island, the Bronx and Queens, joined Rand Realty...

Lanxess Solutions Takes 29,000 SF in Armstrong Park
Lanxess Solutions, a specialty chemical company, signs a 28,962-square-foot office lease at 2 Armstrong Road in Shelton, CT. Located within Armstrong Park, the three-story property was developed in 1989 by Fusco Management Co. Lanxess will occupy the...

Maplewood Senior Living Pays $23.3 Million for Westport Office Bldg.
Maplewood Senior Living acquired a 40,897-square-foot office building in Westport, CT from Gorham Island Associates for $23.25 million, or about $569 per square foot. Built in 1986, the three-story office building is located at 1 Gorham Island Rd....

Chestnut Holdings Plunks Down $55M for Retail Portfolio
Chestnut Holdings’ Jonathan Weiner is the new owner of a 19-property retail portfolio that spans Brooklyn and the Bronx, acquiring the assets from Larry Berkowitz’s LLB Properties. The portfolio totals 18 retail properties and a vacant lot in the outer...

Greenfield Partners Lines Up CMBS Financing for Office, Industrial Portfolio
Pictured: 307 International Circle in Hunt Valley, MD, one of a portfolio Greenfield Partners acquired in 2014. Greenfield Partners, a private equity real estate firm based in Westport, Connecticut, has lined up refinancing for a portfolio of 69 office...

CYA Management Buys 26-Unit Bronx Apt. Complex for $5.2 Million
CYA Management, a locally-based investment and management firm, acquired a 26-unit apartment complex at 1468 Bryant Ave. in the Bronx for $5.2 million, or approximately $200,000 per unit. Originally built in 1938, the five-story multifamily building...

Day Pitney to Relocate From One Canterbury Green to 1 Stamford Plaza
Law Firm Day Pitney LLP will relocate from its current office at One Canterbury Green in downtown Stamford, CT to a 19,450-square-foot office space at 1 Stamford Plaza. Upon taking occupancy of its new space in the first quarter of 2019, Day Pitney...

Aberdeen Asset Management Leases 11,000 SF in Stamford
Aberdeen Asset Management, an international investment management group headquartered in Aberdeen, Scotland, signed a multi-year, 10,799-square-foot office lease at 201 Broad St. in Stamford, CT. Known as Canterbury Green, the 13-story building totals...

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