New resi projects nab biggest outer-borough loans – Robert Khodadadian
The biggest outer-borough loan list in June was a shadow of its former self — mirroring Manhattan — with the 10 largest totaling just $342 million. The outer boroughs brought in $1.16 billion in real estate loans in May and $1.42 billion last June. Nonetheless, the big loans that did close last month say something about lenders’ confidence in residential construction, as rents in the city have risen to record levels. Brooklyn captured eight of
Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, Brooklyn, lending, Real Estate Loans, the Bronx The Real Deal New York Read More