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LOAN IMAGE: Lisa Gomez DATE: 05/15/2026 ADDRESS: 31 West 110th Street MARKET: Harlem, Manhattan ASSET TYPE: Development Site ~ BSF: 121,476 LENDER: M&T Bank LANDLORD: Lisa Gomez - L M Development Partners & Harlem Congregations For Community LOAN AMOUNT: $86,900,000 LOAN TYPE: Construction NOTE: L M Development Partners and Harlem Congregations For Community Improvement, through Seneca 110 Developer LLC, secured an $86.9 million construction loan from M&T Bank for the redevelopment of 31 Central Park North in Harlem, Manhattan. #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #Harlem #Manhattan #DevelopmentSite #M&TBank #LisaGomez #LMDevelopmentPartners #HarlemCongregationsForCommunity
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LOAN IMAGE: Jeff Soffer, Michael Stern, Byron Trott & Michael Dell DATE: 06/11/2026 ADDRESS: 1133 Southwest 2nd Avenue MARKET: Miami, FL ASSET TYPE: Development Site LENDER: Byron Trott & Michael Dell - BDT & MSD Partners LANDLORD: Michael Stern - JDS Development Group ; Jeff Soffer - Fontainebleau Development LOAN AMOUNT: $1,000,000,000 NOTE: JDS Development Group is nearing a deal to bring in Fontainebleau Development as a partner and secure more than $1 billion in financing to restart its stalled 791-unit Mercedes-Benz Miami condo project. The capital injection would resolve an ongoing foreclosure dispute, recapitalize the $2 billion-plus tower, and allow construction to resume on the mixed-use development anchored by the first Mercedes-Benz-branded residences. #Miami #RealEstate #tradedmia #MIA #DevelopmentSite #ByronTrott #MichaelDell #BDTandMSDPartners #MichaelStern #JDSDevelopmentGroup #JeffSoffer #FontainebleauDevelopment
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SALE IMAGE: Javier Melo DATE: 06/04/2026 ADDRESS: 11 Southeast 1st Avenue MARKET: Florida City ASSET TYPE: Development Site BUYER: Javier Melo - Audax Land, LLC SELLER: Jeff Zito, Alicio Piña, Tom Mesa & Patrick Dolezal SALE PRICE: $13,200,000 SF: 435,600 ~ PPSF: $30 NOTE FROM SELLER: Audax Land, LLC successfully acquired the approximately 10-acre property and subsequently entered into a lot sale agreement with DR Horton for 150 finished residential lots. DR Horton will develop the site and construct a townhome community upon completion of the infrastructure improvements. #Miami #RealEstate #tradedmia #MIA #TradedPartner #FloridaCity #DevelopmentSite #JeffZito #AlicioPina #TomMesa #PatrickDolezal #AudaxLandLLC #JavierMelo
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SALE IMAGE: David V. Auld DATE: 06/01/2026 ADDRESS: 30338 Southwest 194th Avenue MARKET: Homestead ASSET TYPE: Development Site BUYER: David V. Auld - D.R. Horton SELLER: Douglas Caraballo SALE PRICE: $16,885,000 NOTE: The development site at 30338 Southwest 194th Avenue in Homestead sold for $16.885 million, with D.R. Horton acquiring the property from Douglas Caraballo. The deal was finalized on June 1, 2026, marking a significant transaction in Miami's real estate market. #Miami #RealEstate #tradedmia #MIA #DevelopmentSite #Homestead #DavidVAuld0 #DRHorton #DouglasCaraballo
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LOAN IMAGE: Jason Behfarin, Robyn Sorid, Scott Avram, Jason Halpern, Drew Anderman & AJ Bruno DATE: 5/1/2026 ADDRESS: 113 East 12th Street MARKET: Greenwich Village ASSET TYPE: Development Site ~ SF: 56,656 LENDER: Jason Behfarin & Robyn Sorid - G4 Capital Partners LANDLORD: Scott Avram & Jason Halpern BROKERS: Drew Anderman & AJ Bruno - CBRE LOAN AMOUNT: $55,000,000 LOAN TYPE: Pre development loan LOAN TERMS: 3 1 Years #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #GreenwichVillage #NewYorkCity #DevelopmentSite #DrewAnderman #CBRE #AJBruno #ScottAvram #JasonHalpern #JasonBehfarin #RobynSorid #G4CapitalPartners
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SALE IMAGE: David Simone & Kathy Zamechansky DATE: 5/28/2026 ADDRESS: 2800 Webster Avenue & 2790 Webster Avenue MARKET: Bronx ASSET TYPE: Development Site BUYER: Yonah Grunhut - Grun Group & Steven Westreich SELLER: Nat Rickman BROKERS: David Simone - Concourse Realty & Kathy Zamechansky SALE PRICE: $8,600,000 UNITS: 2 ~ PPU: $4,300,000 BSF: 74,094 ~ PPBSF: $116 SF: 27,900 ~ PPSF: $308 NOTE FROM BROKER: Contact Kathy Z and David Simone if you are buying, selling, or leasing space in the Bronx. #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #Bronx #DevelopmentSite #DavidSimone #ConcourseRealty #KathyZamechansky #NatRickman #StevenWestreich #YonahGrunhut #GrunGroup
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LOAN DATE: 06/10/2026 ADDRESS: 6001 Campus Circle Drive West MARKET: Irving, TX ASSET TYPE: Development Site ~ BSF: 113,406 ~ ACRES: 4.69 LENDER: PACE Loan Group LANDLORD: Brad Lonberger - Infrascale Systems LOAN AMOUNT: $11,600,000 NOTE: PACE Loan Group closed an $11.6 million C-PACE financing for Vesgro Data Center in Irving, Texas, led by Infrascale Systems, to convert a vacant 113,406-square-foot industrial-flex building into a 3.0 MW colocation facility. The project, located near DFW Airport and backed by Lone Star PACE, involves repurposing a 1981-built property with strong power access into a modern data center expected to be completed by September 2026. #Texas #RealEstate #TradedTexas #Irving #DevelopmentSite #PACELoanGroup #BradLonberger #InfrascaleSystems
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LOAN IMAGE: Jake Soodek DATE: 5/22/2026 ADDRESS: 1285 Broadway & 38 Goodwin Place MARKET: Brooklyn ASSET TYPE: Retail & Development Site ~ SF: 20,000 ~ BSF: 25,000 LENDER: Jake Soodek - Hirshmark Capital LANDLORD: Ambrosino Family LOAN AMOUNT: $4,250,000 LOAN TYPE: Refinance #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #Brooklyn #Retail #DevelopmentSite #AmbrosinoFamily #HirshmarkCapital #JakeSoodek
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SALE IMAGE: Sadya Liberow & Shariel Benshar DATE: 5/20/2026 ADDRESS: 358 Flatbush Avenue MARKET: Brooklyn ASSET TYPE: Development Site SELLER: Pintchik Family BUYER & SELLER'S REP: Sadya Liberow & Shariel Benshar - Asset CRG Advisors SALE PRICE: $18,112,109 BSF: 40,554 ~ PPBSF: $447 SF: 5,965 ~ PPSF: $3,036 BROKER'S NOTE: Asset CRG Advisors successfully facilitated the disposition of 358 Flatbush Avenue, a premier Brooklyn development site located at the crossroads of Park Slope and Prospect Heights, overlooking Grand Army Plaza and Prospect Park. The transaction was structured as a ground lease with a purchase option valued at $18.1 million, representing approximately $446 per buildable square foot. The site incorporated more than 16,000 square feet of transferred air rights from neighboring properties. Plans filed call for a 65-unit mixed-use development. This transaction highlights the importance of expert broker representation when structuring and negotiating complex transactions involving unique assets in premier locations. Asset CRG Advisors has successfully negotiated a variety of deal structures, including ground leases, preferred equity investments, joint ventures, purchase options, and traditional sales, helping owners and developers maximize value and achieve their objectives. For a consultation about your property or to learn more about this deal please contact: Sadya Liberow Phone: 646.363.6175 Email: Sadya@assetcrg.com Shariel Benshar Phone: 718-750-1225 Email: Sbenshar@assetcrg.com #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #Brooklyn #DevelopmentSite #SadyaLiberow #SharielBenshar #AssetCRGAdvisors #PintchikFamily
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SALE IMAGE: Chris Sacks DATE: 05/22/2026 ADDRESS: NWQ FM-6 & CR-640, Josephine, TX MARKET: Josephine ASSET TYPE: Development Site ~ ACRES: 146 SELLER'S REP: Chris Sacks - CBRE NOTE FROM SELLER'S REP: CBRE's Land Capital Markets Team facilitated the deal representing the seller in the transaction of 146 acres in Josephine, TX. This investment tract is slated to be a horizontal mixed use development in this rapidly growing submarket of Collin County. #Texas #RealEstate #TradedTexas #TradedPartner #Josephine #DevelopmentSite #ChrisSacks #CBRE
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LOAN IMAGE: Gabe Steffler & Max B. Mellman DATE: 05/28/2026 MARKET: Los Angeles ASSET TYPE: Luxury Resi Subdivision BROKERS: Gabe Steffler & Max B. Mellman - Max Benjamin Partners LOAN AMOUNT: $15,925,00.00 LOAN TYPE: Acquisition & Development Site LOAN TERMS: 65% LTC and 60% LTV; SOFR 575 Interest Rate; 12 Month Term; Limited Recourse NOTE FROM BROKERS: MBP arranged financing for a 17-lot luxury residential subdivision in Woodland Hills, CA, structuring a senior acquisition & development facility that enabled a newly formed joint venture to acquire the site & fund horizontal improvements through a single execution. In an increasingly selective land development lending environment, the transaction closed with no presales, no national builder takeout, & limited sponsor recourse; preserving maximum flexibility for the sponsors to either build the homes or monetize through finished lot sales. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #WoodlandHills #DevelopmentSite #GabeSteffler #MaxBMellman #MaxBenjaminPartners
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SALE DATE: 06/01/2026 ADDRESS: 3037 John F Kennedy Boulevard MARKET: Jersey City ASSET TYPE: Development Site BUYER: Kabir Manchanda - Manchanda Group SELLER: GN Management SALE PRICE: $6,750,000 BSF: 153,353 ~ PPBSF: $44 NOTE FROM BUYER: Manchanda Group, led by Kabir Manchanda, has acquired the development site at 3037 JFK Boulevard in Jersey City for $6.75 million, according to a transaction recorded on June 1, 2026. The acquisition further expands Manchanda Group’s growing development portfolio as the firm continues to pursue strategic land opportunities throughout Jersey City, reinforcing its long-term commitment to the market. #NewJersey #RealEstate #TradedNJ #TradedPartner #JerseyCity #DevelopmentSite #GNManagement #KabirManchanda #ManchandaGroup
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SALE IMAGE: Stephen R. Preuss Sr., Kevin Schmitz, Andreas Efthymiou, Kevin Louie, Joseph McDonnell & Justin Rodgers DATE: 5/29/2026 ADDRESS: 92-30 165th Street MARKET: Jamaica ASSET TYPE: Development Site BUYER: Cirrus Real Estate Partners & Joseph McDonnell - Resorts World NYC SELLER: Justin Rodgers - Greater Jamaica Development Corp. SELLER'S REP: Kevin Schmitz , Stephen R. Preuss Sr., Andreas Efthymiou & Kevin Louie - Ripco SALE PRICE: $46,125,000 BSF: 600,000 ~ PPBSF: $76 SF: 77,400 ~ PPSF: $595 #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #Jamaica #DevelopmentSite #KevinSchmitz #StephenRPreussSr #Ripco #AndreasEfthymiou #KevinLouie #GreaterJamaicaDevelopmentCorp #JustinRodgers #CirrusRealEstatePartners #ResortsWorldNYC #JosephMcDonnell
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Liberow & Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site - Read More here: hubs.la/Q04kBZl10 #AssetCRG #BrooklynDevelopment #Liberowteam #DevelopmentSite #GroundLease #InvestmentSales @AssetCrg
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Gorgeous 1 BR~Midtown West 50th~Private Garden~No Fee ( $3,695 / Per Month ) Description: Enjoy indoor-outdoor living in this renovated 1-bedroom, 1-bath apartment featuring a private garden and modern finishes throughout. Blending classic New York charm with contemporary upgrades, this inviting home offers exposed brick, hardwood floors, and a thoughtfully designed layout in the heart of Midtown West. The modern granite kitchen comes equipped with stainless steel appliances, including a dishwasher and microwave, while the sleek marble bathroom and in-unit washer/dryer provide everyday convenience and comfort. Pets allowed. CONTACT: Alba Valencia Lane Exclusives valenciaalba10@gmail.com 1 (646) 725-6178 LEARN MORE lavazoo.com/listing/10019-ma… #realestate #realestatelistings #LavaZoo #Lavazoorealestate #nycrealestate #newyorkrealestateplatform #commercialrealestate #newyorkretailproperty #industrialproperty #residentialrealestate #CRE #CREBroker #BrooklynBroker #BronxBroker #DevelopmentSite #TheRealDeal #CommericalObserver
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LOAN IMAGE: Brad Williamson, Fernando de Nunez y Lugones, Matt Robbins, Diego Torrealba, Bobby Dockerty, Alirio Torrealba, Mitch Sinberg, Scott Wadler, Matt Jackson & Mark Simon DATE: 06/05/2026 ADDRESS: 33 Alhambra Circle MARKET: Coral Gables ASSET TYPE: Development Site ~ UNITS: 74 LENDER: Benmark Capital & CEO Fernando de Nunez y Lugones - Vertical Developments OWNER: Alirio Torrealba & Diego Torrealba - MG Developer ; Fernando de Nunez y Lugones VYV Development BROKERS: Scott Wadler , Bobby Dockerty, Matt Jackson, Matt Robbins, Mitch Sinberg, Brad Williamson & Mark Simon - Berkadia LOAN AMOUNT: $100,000,000 LOAN TYPE: Construction #Miami #RealEstate #tradedmia #MIA #TradedPartner #CoralGables #DevelopmentSite #ScottWadler #MattJackson #MattRobbins #MitchSinberg #BradWilliamson #MarkSimon #Berkadia #BobbyDockerty #AlirioTorrealba #DiegoTorrealba #MGDeveloper #VYVDevelopment #BenmarkCapital
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SALE IMAGE: William Diana & Zalman Yarmush DATE: 5/21/2026 ADDRESS: 165 Newport Street MARKET: Brooklyn ASSET TYPE: Development Site BUYER: Schwimmer Family SELLER: The Kesten Family BUYER'S REP: Zalman Yarmush - Yarmush Investment Group SELLER'S REP: William Diana - WTD Realty Partners SALE PRICE: $2,500,000 BSF: 22,000 ~ PPBSF: $113 SF: 10,000 ~ PPSF: $250 #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #Brooklyn #DevelopmentSite #WilliamDiana #WTDRealtyPartners #ZalmanYarmush #YarmushInvestmentGroup #TheKestenFamily #SchwimmerFamily
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SALE IMAGE: Nathan Horne DATE: 4/1/2026 ADDRESS: 645 4th Avenue MARKET: Brooklyn ASSET TYPE: Development Site BUYER: Harry Spector SELLER: Iris Mensana BROKER: Nathan Horne - Compass SALE PRICE: $2,900,000 BSF: 15,977 ~ PPBSF: $181 SF: 2,560 ~ PPSF: $1,132 NOTE FROM BROKER: Congrats to both parties on a well-deserved and beneficial transaction! Methodology: 1. Identify the Potential Problem(s) -- We were the third broker who listed this site and the prior ASKING price was $2.7M, so we knew getting more than that would not be easy. 2. Potential Solutions -- Marketed it with notes about how the City of Yes not only influenced the total development potential, but in particular the lot coverage, height, and setback requriements in a benefical manner, as well as reached out to neighbors about possible air right transfers. 3. Implementation -- I was honestly surprised to get both pre-market and on-market offers well above the prior listing price. We had six offers between $2.8M and $3M, and we went with the one who would go into a hard contract and seemed most reliable, especially since he agreed to split the cost of the prior Phase I/IIs so we would not need an environmental contingency prior to signing the contract. If you are interested in other dev sites or would like some help evaluating and/or coming up with creative solutions to one you have tried to sell before, feel free to reach out at horne.team@compass.com or 706-255-5657. #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #Brooklyn #DevelopmentSite #NathanHorne #Compass #IrisMensana #HarrySpector
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SALE IMAGE: Derek Bestreich, Luke Sproviero, Adam Lobel & Toby Waring DATE: 5/29/2026 ADDRESS: 192-196 31st Street MARKET: Greenwood Heights, Brooklyn ASSET TYPE: Development Site BROKERS: Derek Bestreich , Luke Sproviero , Adam Lobel & Toby Waring - Investment Property Realty Group SALE PRICE: $4,000,000 BSF: 18,000 ~ PPBSF: $222 #NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #GreenwoodHeights #Brooklyn #DevelopmentSite #DerekBestreich #LukeSproviero #AdamLobel #TobyWaring #InvestmentPropertyRealtyGroup #IPRG
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SALE IMAGE: Michael Onyemaobi DATE: 05/20/2026 ADDRESS: 5738 Rhodes Avenue MARKET: Valley Village ASSET TYPE: Development Site BUYER: Romm Builders BROKER: Michael Onyemaobi - Compass - O Street Group SALE PRICE: $2,400,000 SF: 2,234 ~ PPSF: $1,074 NOTE: Compass’s Los Angeles-based investment sales & capital markets advisory team, O Street Group, has successfully completed the sale of 5738 Rhodes Avenue, a 19,201 SF development site in Valley Village, California. The site offers future redevelopment potential through California’s SB 9 urban lot split provisions and the opportunity to deliver additional housing, subject to buyer verification and applicable approvals. O Street Group represented the landowner and development sponsor in the transaction. As development-ready land inventory across Los Angeles remains limited, well-positioned infill sites continue to attract strong interest from builders, developers, and private investors seeking opportunities in supply-constrained markets #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #ValleyVillage #DevelopmentSite #MichaelOnyemaobi #Compass #OStreetGroup #RommBuilders
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