Since 1963, Levey Miller Maretz Real Estate has met the needs of our clients in New ...
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-Property Listings
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Property Management
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Commercial Real Estate
LMMRE is recognized as one of the leaders in retail, commercial sales and leasing, and site selection experts in Connecticut. Other commercial and retail services include exclusive tenant representation and market analyses, research, lease negotiation and disposition of excess space. -
Property Management
The difference between the best property management companies in CT and the rest is the ability to view the property from the ownership’s point of view. Levey Miller Maretz’s property management team does just that. Through extensive experience and training, we will maximize your return on investment. -
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Commercial Real Estate News
- 'I'm Doing My Part': Lottery-Winning Developer Making Mark in Fort Lauderdale April 20, 2018Developer Miguel Pilgram is planning a Memphis Blues lounge as part of a redevelopment effort in Fort Lauderdale’s Sistrunk neighborhood. Credit: The Pilgram Group. Miguel Pilgram was a cruise line security executive and, before that, a Navy man. But he was destined for real estate. "My grandfather sa
- With Warehouses Commanding Peak Prices, Prologis to Sell More Assets, Ramp Up Construction April 19, 2018Prologis recently completed shell construction on a new building at Prologis Park Riverside in Phoenix. Warehouse giant Prologis Inc. is ramping up construction and asset sales following healthy first-quarter results powered by brisk leasing and near-double-digit rent growth in the red-hot logistics market. Based on robust demand for modern logistics space by e-commerce and other […]
- Macerich CEO to Retire at Year-End April 19, 2018Image credit: The Macerich Company Longtime Macerich Co. Chairman and CEO Arthur Coppola today announced plans to retire from the shopping mall REIT he has led for the past 25 years. Coppola will also step down from his position as chairman of the REIT's board and will not seek re-election as a director at Macerich's […]
- Extra Innings Continue for Multifamily Sales Cycle as AIMCO Makes Big Bet on Philadelphia Market April 19, 2018In a major multifamily investment sale that extends the record run of investor interest in the apartment sector, Denver-based multifamily giant AIMCO doubled down on the Philadelphia market, buying a seven-property, 1,006-unit portfolio from local developer and operator Dranoff Properties for $445 million. The acquisition boosts AIMCO's ranking as one of the largest owners of […]
- Largest Banks Casting Wary Eye on Heated Commercial Real Estate Lending Market April 19, 2018Despite record liquidity, demand for commercial real estate loans softened in recent months, leaving eager lenders chasing fewer borrowers. As a result, competition among lenders has ratcheted up noticeably with loan prices compressing. In fact, deal pricing and structures have gotten so competitive, many of the nation's banks, including its 25 largest cumulatively, are starting […]
- Mainstreet Equity's Bob Dhillon on Apartments April 18, 2018Pictured: Bob Dhillon, CEO of Mainstreet Equity.Sitting in his office less than a kilometre from the wreckage that is the Calgary office market, where some say the total vacancy rate may be close to 30 percent, the chief executive and founder of Mainstreet Equities is surprisingly confident about the Alberta mar
- Tribune Tower Redevelopment Team Calls for 2nd Tallest Tower in Chicago April 17, 2018Courtesy: tribunetowerredevelopment.com.Chicago-based Golub & Co. and CIM Group of Los Angeles laid out plans Monday night for a sky-high tower east of the iconic Chicago Tribune Tower. At completion, the metal and glass tower would stand as the second tallest building in Chicago.
- Carl Icahn Cashing in His Chips on Tropicana Entertainment, Collecting $1.85 Billion April 17, 2018Tropicana Atlantic City Icahn Enterprises agreed to sell its majority-owned subsidiary, Tropicana Entertainment Inc., for a total price of $1.85 billion. The deal will see Tropicana's real estate go to Gaming and Leisure Properties Inc. and its gaming and hotel operations to Eldorado Resorts Inc. Icahn Enterprises (NASDAQ:IEP) first acquired an interest in Tropicana in […]
- UPDATED: Toys R Us Rejects Isaac Larian $890 Million, 11th Hour Bid April 17, 2018Toys R Us appears to be back on the verge of permanently closing its doors. Attorneys and advisers for the bankrupt retailer have reportedly rejected MGA Entertainment Inc.'s bid of $890 million for 274 U.S. stores and the Canadian operations, according to various news reports. "I haven't yet been notified of the bid rejection but […]
- Exclusive: Mall of America Owner Looking to Buy Former Rocketdyne Site in LA's West Valley April 17, 2018Photo: Rocketdyne facility before demolition. The owner of the Mall of America is negotiating to buy one of the largest redevelopment sites in Los Angeles: the former rocket-engine manufacturing site of Aerojet Rocketdyne. Triple Five Group Ltd., a diversified development and finance orga
NY / Southern CT Commercial Real Estate News
- Starwood Capital Raises Record $7.6 Billion for its Largest Ever Opportunistic Investment Fund April 19, 2018Continental Grand I & II in El Segundo, CA, among the fund's major purchases. Starwood Capital Group said its 11th opportunistic real estate fund is its biggest yet, with capital commitments totaling $7,555,500,000. The global private investment firm said it pooled money from more than 100 investors, including pension and sovereign wealth funds, foundations, endowments, […]
- MHP Real Estate Services, Banyan Street Capital Forge Alliance April 19, 2018New York-based MHP Real Estate Services has teamed with Banyan Street Capital of Miami to form one of the nation’s largest private commercial real estate companies with a combined portfolio valued at more than $3 billion. The two firms own and manage office buildings totaling more than 15 million square feet across the Eastern U.S., […]
- SL Green, Ivanhoe Cambridge to Sell 1745 Broadway Office Condo for $633 Million April 11, 2018The Random House Tower at 1745 Broadway is on the block for approximately $633M as SL Green looks to "support the stock repurchase program and strengthen [its] portfolio," according to Co-Chief Investment Officer, Isaac Zion.SL Green Realty Corp. (NYSE:SLG), New York City’s largest office landlord, along with joint-venture partner Ivanhoe Cambridge, has entered into a […]
- JV Buys Greenwich Retail Building for $6.5M March 28, 2018Winter Properties LLC and Highpoint Property Group purchased the three-story retail building at 171-173 Greenwich Ave. in Greenwich, CT from an individual owner for $6.5 million, or almost $1,050 per square foot. The property totals 6,194 square feet and was developed in 1930. Club Monaco occupies the ground floor retail space, while the upper floors […]
Hartford Commercial Real Estate News
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Property Management News
- Panama City-Area Community Lands $5M Refi April 20, 2018Arbor Realty Trust provided the CMBS loan for the property, which is located at 905 W. 26th St., and features 76,417 rentable square feet.
- Demmon Partners Snaps up Sacramento Apartments for $33M April 20, 2018The California community, called 16 Powerhouse, includes 50 units, a lounge area, a barbecue and a pet washing station.
- Berkeley Point Capital Provides $59M Fannie Mae Refi April 20, 2018Led by Mitch Clarfield and Joshua Braceros of the firm’s Santa Monica office, the team coordinated the debt placement for Autumn Park Apartments, a 586-unit community in Charlotte, N.C.
- Tucson Value-Add Asset Changes Hands April 20, 2018Skyline Park Apartments is situated in a market which is experiencing a surge of value-add investments, largely due to limited new supply and continued population growth.
- Greystar Sells South Florida Portfolio April 20, 2018The four-property portfolio includes 1,616 units and approximately 16.6 million rentable square feet. Greystar acquired the it for roughly $240 million, according to Yardi Matrix.
- Luxury Waterfront Community Opens in East Boston April 20, 2018The 25 percent pre-leased Boston East community, developed by Trinity Financial and East Boston Community Development Corp., features 200 luxury apartments and includes a community art gallery.
- Feldman Equities, Two Roads Unveil Plans for $350M Tampa Tower April 20, 2018Riverwalk Place will be the tallest tower in the area and will include luxury condominiums, offices and restaurants.
- Portside Partners Ventura Harbor Develops CA Coastal Community April 20, 2018When complete, the Ventura property will include 270 apartments, 30 live-work units, a 104-boat-slip marina and 21,000 square feet of retail space.
- Boston-Area Asset Receives $29M Loan April 20, 2018Reed Realty Advisors will use the proceeds to finance the development of Pac 10 Lofts, a 180-unit affordable housing community in Lawrence, Mass.
- Miami Luxury Development Receives $58M Loan April 20, 2018Estate Investment Group secured the construction financing through Florida Community Bank. The community dubbed Soleste Twelve2 is slated for delivery in mid-2019.