Acquisition is one of the imperative department and team group part of Merabi Organization Group, LLC. MOG’s distinctive approach to development starts with site selection. We choose communities that offer a positive atmosphere, beautiful surroundings, and an appreciation of the quality that MOG provides its Offices, retails residents tenants.
MOG’s Investment department is always looking for opportunities to purchase CRE, expanding and achieving our business goals. MOG’s team of skilled and experienced associates will locate and analyze real estate projects that fit our acquisition criteria. Ideal acquisition projects, both stabilized and value add, include office, retail and residential.
MOG has successfully orchestrated the development of commercial and residential real estate. The firm´s development team maintains vast experience in build-class A luxury building and redevelopment projects and offers flexibility in its rental building.
MOG is all about team & teamwork, the ability to work together toward a common vision… SUCCESS-GIVE BACK- SHARE… It is the fuel that allows common people to attain uncommon results.” IN OUR ENTITY OUR LEADERSHIP IS BASED ON: If our actions inspire others to be better people, give more, dream more, learn more, do more and become more, than we have done our leading wisely.
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Delshah Capital has closed on its acquisition of a Brooklyn-centric 28-property package from Silvershore Properties for $102 million, according to records filed with the city today. The properties included in the deal are 149 Rivington Street and 41 Henry Street in the Lower East Side and 1038 Bedford Avenue, 137 and 148-150 Patchen Avenue, 142 Grove Street, 1446-1452 Myrtle Avenue, 623 Halsey Street,[…]
A Morningside Heights property that previously looked like it would go to a developer will instead go to a church. Riverside Church has purchased 97-101 Claremont Avenue in Morningside Heights from the Union Theological Seminary for $46.5 million, according to property records. The seminary had been using the property as a dormitory. Craig Nassi of BCN Development[…]
Alex von Furstenberg, the son of fashion designer Diane von Furstenberg and stepson of billionaire Barry Diller, bought a unit fit for a prince at 432 Park Avenue. Von Furstenberg, who leads investment firm Ranger Global Advisors and also holds the royal title “His Serene Highness Prince Alexander of Fürstenberg,” bought Unit 53A at the[…]
Private equity firm GreenOak Real Estate is in the process of converting 150 West 82nd Street into condominiums, an offering plan filed with the New York Attorney General’s office shows. The developer wants to sell 40 apartments at the 58-unit rental building for a total of $90 million, according to the plans. Tax records show[…]
On Monday, Oct. 22 at 2:30 p.m. (EST), subscribers will get an inside look at our October cover story, which dives deep into the interplay between Albany politics and the New York City real estate industry. Call-in number: +1-510-338-9438 Access code: 623 366 212 TRD’s senior content director, Jill Noonan, and managing issue editor, Damian[…]
According to this week’s market reports, the most bedbug infested neighborhood in the city is in Brooklyn, and New York City construction is expected to hit a record high in 2018. Residential Bedbug violations | Localize.city Flatbush is the most bedbug-infested neighborhood in New York City. Between Sept. 1, 2013 and Aug. 31, 2018, the[…]
The Real Deal Los Angeles‘ fall issue is now live on the website, and digital subscribers to TRD are getting a first look at what’s inside! Subscribers now have access to stories including: – What Opportunity Zones could mean for Los Angeles developers – How Election Day could impact the real estate industry – A[…]
Real estate developers and fund managers with questions about how to invest in the Opportunity Zones program are beginning to get more detailed answers. The U.S. Treasury Department is expected to release guidelines today, but some have already trickled out, according to a report in the Wall Street Journal. The program, enacted late last year[…]
New York’s multifamily market continued to rebound from a moribund 2017 with a strong third quarter, seeing year-over-year gains in dollar volume, transaction volume and building volume, according to the latest multifamily report from Ariel Property Advisors. The city saw 115 multifamily deals across 186 buildings worth $2.23 billion overall. This marked a 40 percent[…]
Larry Silverstein’s recently launched debt platform sees a “financing gap” in the construction lending space. The investor and developer earlier this year set up its first lending venture, Silverstein Capital Partners, which is backed by a sovereign wealth fund an a pension fund with “deep pockets.” The platform will focus on shovel-ready, ground up construction[…]