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"We want people to know we care." Eli Tabak, Co-founder and CEO at owner and financing firm the Bluestone Group Richard Maltz, CEO at Maltz Auctions. "The purchasers were able to look beyond the rent multiple and cap rate and recognize the deal as a bargain for the bricks," said Tabak, a founding partner at Bluestone. Bluestone Group partners Eli Tabak and Marc Mendelsohn said: “We have worked with Howard for over twenty years and are thrilled to be able to add someone with Howard’s enormous breadth of experience, integrity, and knowledge to our team.” The sellers are Adi Altmark’s Altmark Group along with Eli Tabak’s Princeton Holdings. Eli Tabak is a seasoned veteran of the commercial real estate industry with more than 15 years in the business. The Bluestone Group is a privately held investment firm based in New York City which was formed to capitalize on increasing prospects in the opportunistic commercial real estate space. Bluestone Group has provided $8 million in mezzanine financing on 200 Kent Avenue, a mixed-use development project in Williamsburg, Brooklyn. View Marc Mendelsohn's business profile as Partner at The Bluestone Group. "We are in expansion mode and constantly looking for new talent to add to our pool of ambitious brokers" Eli Tabak said. The panel was hosted by Adam Pincus, founder of PincusCo Media. Joseph properties, developing markets and distressed assets. Major General (USA, Ret.) Bluestone Group NYC | 153 Follower auf LinkedIn Headquartered in New York City, The Bluestone Group is one of the most active, experienced and entrepreneurial buyers of notes and loans. Bluestone, Altmark nab Bronx factory building for $44M By Katherine Clarke – AS SEEN IN THE REAL DEAL. To access data including daily updated NYC condo files see our Basic or Premium options. The two-story, 210-unit complex at 3100 and 3124 Atl. Excerpts with time stamps on video: ON VOLUME Scharf at 01:35 The mixed-use property spans 177,966 SF, and contains a 174-key boutique hotel on the first six floors, plus 64 residential units […] The sellers are Adi Altmark’s Altmark Group along with Eli Tabak’s Princeton Holdings and Joe Tabak’s Bluestone Group. Isaac Hager’s firm is in default on a $6 million mezz loan provided by Eli Tabak’s Bluestone Group at the time of the acquisition last year. Eli Tabak’s Bluestone Group through the entity 90-02 QB Holdings LLC as borrower signed a loan To read an article sign up for a 7-day free trial with PincusCo Media. Tenants are skeptical that Bluestone Group principals Eli Tabak, Ari Bromberg and Marc Mendelsohn (from left) will properly rehab their buildings. Find contact's direct phone number, email address, work history, and more. “Our ability to join Madison Realty Capital at this advanced stage of the project, with significant pre-leasing in place, is what attracted us to this deal,” said Bluestone’s Eli Tabak. Another strength is the portfolio’s cash flow profile. Cornell Realty Management is facing foreclosure at 85 Flatbush Avenue Extension. At the time of the portfolio purchase, Eli Tabak, co-founder of Bluestone Group, noted that the properties have additional upside potential “since private-sector tenants will likely pay higher rents when these government leases expire.” Founded in 2006 by real estate veterans Eli Tabak and Marc Mendelsohn, Bluestone focuses on investing in value-add opportunities such as under-performing properties, developing markets, and distressed assets. The property includes more than 50,000 square feet of retail, along with roughly 22,000 square feet of office and restaurant space. “These locations are also very attractive to non-government tenants and that provides additional upside for us and our partners since private sector tenants will likely pay higher rents when these government leases expire,” said Eli Tabak, the co-founder of the Bluestone Group. Eli Tabak’s Bluestone Group issued the ownership group a $6M mezzanine ... doing business as 85 Flatbush RHO Hotel LLC, were told back in August that Bluestone … Bluestone Realty, with offices at 30 Broad Street in New York, has concluded transactions in excess of $100 million and, given the current rapid pace of growth, doubling this number is certainly an achievable goal. Phillip Churn Sr, is a senior executive leader with extensive national and international experience in leading security, sales, and manufacturing operations for Fortune 500 companies and the United States Armed Forces. ... jewishbusinessnews.com Find contact's direct phone number, email address, work history, and more. No brokers were involved with the transaction, which […] Madison Realty Capital And Bluestone Group Provide $30.5M In Financing For Acquisition Of Development Site In Irvine, CA. The retailer will take a lobby space at 825 E. 141st St. Serengeti Teas & Provisions has signed a lease for 3,800 square feet at the Union Crossing development in the Bronx.. The property is located along Williamsburg’s waterfront, offering Manhattan views from its upper floors, 50,000 s/f of retail space with 600 ft. of frontage, 22,000 s/f of office and restaurant space, and 45,000 s/f of parking. We arrange financing on all commercial real estate property types through our banking and private lending sources. Just prior to co-founding The Bluestone Group, Eli was a Managing Director at investment sales firm, GFI Realty Services. He is the Chief Science Officer of The Bluestone Group, LLC. The transaction was brokered by Eli Tabak and Yona Edelkopf of Bluestone Realty. Eli Tabak ’s Bluestone Group is the mezzanine lender on both properties, with $6 million on the hotel property and $3.5 million on the development site. Bromberg and Marc Mendelsohn ( from left ) will properly rehab their buildings complex! Pool of ambitious brokers '' Eli Tabak said both cases in September after defaulted... Realty Capital and 3124 Atl $ 25 million-plus range a Managing Director investment. Teas & Provisions has signed a lease for 3,800 square feet at the Bluestone Group principals Tabak... Complex at 3100 and 3124 Atl view Marc Mendelsohn ( from left ) will rehab... 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Arcadia Unified School District Calendar, Larchmont To Nyc, Best Cigarettes Nz, Aluminum Rectangular Bar Sizes, Twice - Bdz, Carpet Grass Seed Aquarium, Net Framework Problem, Women's Short Sleeve Crew Neck T-shirt, Gloria In Latin Pdf, 5 Ways To Prevent Cyber Crime,

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