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
Friar Building suite occupancy 90% full
residential development projects los angeles
residential development projects New York
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When the Carlyle Group agreed to move to One Vanderbilt, SL Green Realty sweetened the deal by offering to pay off the company’s old lease — a sum that could exceed $100 million. SL Green agreed to take over the global asset manager’s office lease at 520 Madison Avenue, which is set to expire in[…]
Keller Williams franchises raked in higher profits last quarter. The brokerage reported $98.3 billion in sales volume in the U.S. and Canada in the second quarter — up 8.7 percent from a year earlier. Franchisee owner profit rose 1.3 percent year over year to $70.3 million, according to a release from the company. The growth[…]
Dalan Management recapitalized a pair of Midtown South office buildings in a deal that values the properties at more than $54 million. Boston-based Marcus Partners paid $54.5 million to buy the adjacent 11-story buildings at 10-12 East 33rd Street from Dalan Management, a spokesperson for the buyer told The Real Deal. Following the sale, Dalan[…]
Jeff Sutton‘s Wharton Properties just landed $50 million to refinance one of its retail properties in the Garment District. Germany-based Landesbank Hessen-Thüringen, also known as Heleba, provided the financing package, which includes $49.4 million in existing loans and $562,500 in new debt, according to documents filed with the city’s Department of Finance on Monday. The[…]
Huntington pulls contract with Bohemia-based architects over fees The Huntington Town Board revoked the contract it had with Bohemia-based DCAK-MSA Architectural and Engineering PC — doing business as Savik and Murray — which had been hired to design the James D. Conte Community Center in Huntington Station. Town officials said the firm was charging excess fees and[…]
Luxury apartments keep lingering on the market. As inventory grows and a buyer’s market creates the opportunity to extend negotiations, high-end properties are moving at a sluggish pace. In this environment, it’s sellers and developers who are quick to course correct and adjust pricing that have an advantage, brokers said. “Longer days on the market[…]
Wells Fargo is being investigated by the U.S. Department of Justice for allegedly colluding with affordable housing developers nationwide to drive down the prices of low-income tax credits – potentially defrauding hundreds of millions of dollars from the federal program. Among the banks, Wells Fargo is the largest buyer of the tax credits. The San[…]
Brookfield Asset Management secured an option to buy the land under 666 Fifth Avenue from Kushner Companies as part of a deal to lease the office tower for 99 years, according to the memorandum of lease. The option to buy the so-called fee interest becomes available “at certain limited times and circumstances during the term[…]
EXp Realty’s massive growth push is paying off. The virtual brokerage’s revenue soared as the company’s been adding agents and growing transaction volume. In the second quarter, revenue for eXp World Holdings, the parent company of eXp Realty, climbed to a record $130.5 million, versus $39 million a year earlier. Net loss was $1.9 million,[…]
The Trump administration wants to use federal grants as leverage to get communities to reconsider their zoning codes to allow for more housing development. It’s a shift in policy at the U.S. Department of Housing and Urban Development, which under the Obama administration focused on integrating lower-income housing into wealthy neighborhoods, the Wall Street Journal[…]