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.
Merabi Organization Group
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Hamptons Cheat Sheet: Jazzy digs hits the market for $5M, County comptroller looks for Airbnb tax … & more
A $5.24M listing you can be jazzed for Scat a little tune for this one. The Sag Harbor residence that once housed jazz musician Richard “Dick” Hyman recently hit the market for $5.24 million, according to the New York Post. The bayfront home has three bedrooms and 3.5 bathrooms. It features a sun room, library,[…]
A new housing organization is trying to pool thousands of affordable apartments owned by nonprofits into a single trust, in a bid to make them more competitive with for-profit landlords. The organization, called Joint Ownership Entity or JOE NYC, plans to launch in the coming months. Nonprofits can contribute their properties to the trust and[…]
With New York City’s luxury market going sideways, national homebuilder Toll Brothers is playing an increasingly aggressive game of defense. The company — which slashed prices last year at 400 Park Avenue South and 1110 Park Avenue — is reducing its equity stake in new projects through joint-venture partnerships and offering to pay transfer and[…]
Joseph Sitt’s Thor Equities is looking to sell two properties it bought during a push into the multifamily space in 2014. The company has formally listed a 39-unit rental building at 840 West End Avenue and the residential component of another property at 201 East 71st Street, sources told The Real Deal. The asking prices[…]
A judge ordered them to stop the work. But it won’t stop the money. Aurora Capital Associates and William Gottlieb Real Estate, the forces behind the Gansevoort Street redevelopment project in the Meatpacking District, took a $55 million mortgage backed by two buildings at the site, according to documents filed with the city Wednesday. The[…]
Blackstone Group and Fairstead Capital quietly sold an 18-story Kips Bay rental building to Adam and Aaron Daniels’ A.D. Real Estate Investors for $52 million, sources told The Real Deal. Since the firms paid $690 million for the Caiola family’s 24-building Manhattan multifamily portfolio in 2015, they have quietly looked to sell at least a[…]
Jeff Dvorett, who joined Kuafu Properties as head of development in 2014, is leaving the firm, the latest executive shake-up at the Chinese private equity-backed developer. Dvorett is taking on a new role at Midwood, a New York-baded real estate development and investment firm led by John Usdan. A spokesperson for Midwood said Dvorett, formerly[…]
From Luxury Listings NYC: Interior designer Karim Rashid — whom Time magazine once described as the “most famous industrial designer in all the Americas” — just listed his townhouse at the Dillon on 425 West 53rd Street for $4.7 million. [more] … [more] Source: Real Estate
The number of home sold across the country climbed in January to the highest level since February 2007 despite limited supply and rising prices. Deals on previously owned homes, which comprise the overwhelming majority of U.S. sales, hit a seasonally adjusted annual rate of 5.7 million in January, a 3.3 percent increase from December, according[…]
Black Spruce Management, led by Josh Gotlib, snapped up a 99-unit multifamily building in the Bronx for $26 million. The company purchased 1765 Townsend Avenue, an 11-story, 88,227-square-foot building between 175th and 176th streets, according to documents filed with the city on Wednesday. The previous owner, Gigi Porcelli, purchased the building in 1991, though public[…]