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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Yoel Goldman’s All Year Management is looking to refinance its massive Bushwick development at the former Rheingold Brewery site with debt issued in Tel Aviv. The Brooklyn-based developer plans to offer up to $200 million in bonds secured by a senior mortgage on the first phase of the rental complex, named Evergreen Gardens, according to[…]
Porven Real Estate, a New Jersey-based company, has spent $42.5 million to buy 204 Fifth Avenue from Artemis Partners, according to property records filed Monday. The 14,538-square-foot office property stands four stories tall across from Madison Square Park in the Garment District and is a Beaux-Arts commercial building. It was put on the market with[…]
After nearly 20 years of screening independent and foreign films, Sunshine Cinema has closed its doors. The Lower East Side theater’s new owners, K Property Group and East End Capital, plan to demolish the building to make way for boutique office space. Sunshine screened its last movies on Sunday, the New York Times reported. Tim[…]
An alley famous for being the last dirt road in Manhattan is at the center of a legal dispute between Midas Management and Itzhaki Acquisitions. The street, called Broadway Alley, is co-owned by Itzhaki and Continental Ventures, which are building an adjacent 34-story rental tower at 368 Third Avenue, and Midas Management, which owns the[…]
Though widely believed to still be seeking $150 million through an immigrant visa program for its Jersey City skyscraper project, Kushner Companies ceased raising money through the EB-5 visa program eight months ago, according to multiple people familiar with the decision at the time. The company was sharply criticized in May after the sister of[…]
From the Westchester & Fairfield Market Report: The industrial market has never been the sexiest of sectors, but as demand across the country has heated up the past couple of years, the industry’s interest has been piqued. While many industrial tenants have long looked outside New York City for cheaper rents, the changes in zoning and[…]
“It is 2005 all over again in terms of the valuation extreme, the psychological excess and the denial”: Bear warns that housing market is overheated
From TRD Miami: The homebuilding market is stronger than ever, but not everyone is bullish. Montana-based money manager James Stack, who predicted the last recession in 2005, told Bloomberg the U.S. may be riding high on another bubble. As key indicators that the market could topple, Stack pointed to Fed interest rate increases and high median[…]
Another trophy property, another refinancing for RXR Realty. Scott Rechler’s firm just scored a $285 million loan from German lender DekaBank for 1330 Sixth Avenue, according to the Commercial Observer. The debt includes a new $97 million mortgage consolidated with an existing loan from the New York Community Bank. In the last year, RXR and[…]
A company that designs and manufactures ergonomic office products is moving its headquarters from NoMad to Midtown. Humanscale has signed a 10-year lease for 33,000 square feet at 1114 Sixth Avenue, which is also known as the Grace Building, the Commercial Observer reported. The office product company was previously based at 11 East 26th Street,[…]
The New York Housing Authority’s general manager Michael Kelly is expected to resign Monday, making him the third NYCHA official to lose their job over the lead paint scandal. Vito Mustaciuolo, currently a deputy commissioner at the Department of Housing Preservation and Development, will take over as acting general manager, the New York Daily News[…]