DEALS

STREET TALK:
MULTIFAMILY & MIXED-USE
QUEENS VILLAGE
PORTFOLIO
($3.2M)

60-UNIT NEW
MULTIFAMILY
CONSTRUCTION,
BUSHWICK
(CALL FOR PRICING)

JOE BERKO ON REAL ESTATE FINANCING CRAZE:

WILL ISRAELI BONDS OUST EB-5 VISAS?

38-UNIT JOURNAL
SQUARE PORTFOLIO
($8.2M)

Since the 2008 crash, domestic capital has been scarce, sitting at just $3 billion in 2009 after
hitting a whopping $230 billion in 2007.
Naturally, EB-5, an investment program allowing foreigners to essentially buy green cards
in exchange for a $500,000 investment, along with the creation of 10 U.S. jobs, became a
goldmine for real estate developers, with everyone from the World Trade Centers Silverstein
Properties to Extell Development taking a hit of the crack cocaine of real estate financing.
(Seriously. Insiders really call it that.) Read full story.

NEW YORK YANKEES

PLAN $1B REFINANCING
OF STADIUM BONDS
The New York Yankees are seeking to become the latest professional sports club in
the region to take advantage of record-low
interest rates to lower borrowing costs by refinancing about $1 billion of bonds issued to
build the teams new stadium. Read full story.

21-UNIT PRIME BEDSTUY

($8M)

85-UNIT GREENWICH
VILLAGE MIXED-USE
(CALL FOR PRICING)

RECENT
TRANSACTIONS

485 SEVENTH AVE.

KUSHNERS MASTER PLAN: IS JERSEY CITY THE NEXT

BIG PLAY?

Advised on the sale of

the 300,000 SF office
building sold to the
Lightstone Group for

$182,000,000

Donald Trumps son-in-law is about to put his stamp on Journal Square. Jared Kushner and
KABR Group are proceeding with plans to build three residential towers on two lots near the
Journal Square PATH hub, towers that will include a total of 2,466 luxury residential units,
103,784 square feet of retail space and 224,539 square feet of offices. Read full story.

CMBS: HERES WHAT

THE MARKET LOOKED LIKE
IN Q3
The CMBS market, which saw issuance
plunge to a four-year low during the second
quarter, rebounded in the third quarter with
$18 billion of issuance. However there remains a long trail ahead as the $18 billion of
issuance during the latest period compares
with $22.1 billion of deal volume during the
same period a year ago. So even though some
15 deals are in the forward pipeline, issuance
for the full year will fall well below last years
$95.1 billion of volume. Read full story.

INDUSTRY GAME CHANGER:

HOW TO RAISE UNSECURED
CAPITAL AT 4%. CLICK BELOW
FOR MORE INFORMATION.
CONTACT US HERE: INFO@BERKOASSOCIATES | WWW.BERKOASSOCIATES.COM

95 EVERGREEN AVE.
Structured the transaction
for the sale of a 170,000
SF loft building to
office conversion, sold
to Savanna Fund for

$33,680,000

THE PAPER
FACTORY
HOTEL, LIC

Procured the Debt and

Capital placement for the
80,000 SF loft building
conversion to the famed
Paper Factory Hotel in Long
Island City, Queens for

$27,000,000