Paul Bubny

X Team Retail Advisors has selected its 2025 board of directors to lead the national platform comprised of more than 350 retail real estate specialists spread across nearly 50 markets in the U.S. and Canada. Dave Cheatham, who leads affiliate member Velocity Retail Group in Phoenix, has been elected for a third term to serve ...

North River Partners and funds managed by AB CarVal closed on a $20-million construction loan secured by The Wellington, a ground-up 63-unit multifamily development in Valley Stream, NY. Spearheaded by Invictus Construction Management, the development marks a significant addition to the area’s residential market. North River Partners, a New York City-based real estate lender specializing ...

Although the 12-month horizon for Southern California’s industrial market isn’t readily visible, Wonderful Real Estate president Joe Vargas has a clear view of the current landscape. “We’re operating in an environment where we’re trying to work through three major issues,” he told Connect CRE. These include “the aftereffects of a presidential election, catastrophic fires, and ...

Alchemy Ventures, an affiliate of Alchemy Properties Inc., has acquired 151 Ave. A, a 9,634-square-foot mixed-use property situated in the East Village. The five-story building, which features eight three-bedroom, two-bathroom apartments, and two ground-level retail spaces, closed for $10,750,000 in a deal brokered by Joe Koicim & Matt Berger of Marcus & Millichap.. Located directly across from Tompkins Square Park, ...

Kennedy-Wilson Properties, Ltd., a real estate advisory services provider specializing in commercial brokerage and property management, will operate under a new name, KWP Real Estate, effective immediately. The firm, which became an independent entity in 2020, remains based in Beverly Hills and is comprised of approximately 95 team members in 19 states. “Evolving into KWP Real Estate ...

Overall housing starts increased 11.2% in February to a seasonally adjusted annual rate of 1.50 million units, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau said Tuesday. With single-family starts reaching their highest annualized rate in a year, the multifamily sector increased 10.7% to an annualized 393,000 pace. “Despite elevated ...

Newmark facilitated the sale of 359 Allston St., a life science property in the East Cambridge submarket of Cambridge, MA. A team of Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper, in conjunction with Joseph Alvarado and Casey Valente, represented the undisclosed seller and procured the buyer, King Street Properties. View Story “359 Allston St. is occupied by ...

Merchants Capital arranged $120 million in financing for the construction of Museum Parc, a 250-unit mixed-income, mixed-use and retail development in downtown Newark, NJ. Co-developed by LMXD and MCI Collective, the project will integrate housing units with the 4,120 square-foot Newark Museum of Art gallery and approximately 2,300 square feet of ground-floor retail space, serving as ...

C.W. Driver Companies has broken ground on a $15-million Beaumont Carnegie Library renovation and expansion project. Originally built in 1914, the historic library will be modernized to meet seismic, accessibility and safety standards while incorporating a 9,100-square-foot addition. Located at 125 E. 8th St. in Beaumont, the project will be completed in two phases to ensure the library ...

Paramount Realty USA, in collaboration with listing agents Atelier and Open Impact Real Estate, announced that “The Lumberyard,” a 20,208-square-foot NYS Qualified Production Facility with a 1.06-acre waterfront development site in downtown Catskill, NY, will be auctioned off to the highest bidder on Thursday, March 20. Originally listed for sale in 2023 for $11,500,000, the ...