New York, NY February 12, 2020 – A year and half after delivering the first Class-A, full-service, retail and office property in the Midwood neighborhood of Brooklyn, Infinity Real Estate announced that it has sold its Kingswood Portfolio  to Urban Edge Properties for $165 million in an off-market transaction. The recently developed 110,000 square foot…

With borrowers willing to pay a premium rate in favor of more leverage and more flexible loan provisions, bridge lenders and alternative lending platforms are finding a robust pipeline of deal flow. New York City, NY – December 09, 2019 – globest.com – Debt service coverage, debt yields, and loan-to-value restrictions have challenged the ability…

“Hospitality and experience are the new buzz words for real estate, and seemingly as common and important as location.” Brooklyn, NY – November 15, 2019 – globest.com – Move aside ‘location, location, location.’ Experience has become the new buzzword for commercial real estate. Or if you prefer, the more traditional word ‘hospitality.’ “Hospitality and experience…

Brooklyn, NY – October 24, 2019 – Brooklyn, traditionally considered a back-office for Manhattan companies, is getting closer to becoming the main office for important businesses. Retail is affected by the borough’s walkability, proving brick and mortar retail is not dead. Discussion included the future of Coney Island, Red Hook, East New York.

Brooklyn, NY – September 16, 2019 – law360.com – Amerant Bancorp said Monday that it has provided a joint venture with a $49 million first mortgage loan to finance a five-story, 109,623-square-foot property in Brooklyn that features both office and retail space. Florida-based Amerant Bancorp Inc. said that it arranged refinancing on behalf of a…

Brooklyn, NY – September 6, 2019 – rew-online.com/ – Infinity Real Estate LLC and The Nightingale Group LLC have announced that VTA Management Services, has signed a ten-year lease on 5,000 s/f of Class A office space in Kingswood Center I previously occupied by the Lighthouse Guild. VTA, which offers pediatric, geriatric, nursing, hospice, and…

Infinity Real Estate and The Nightingale Group announce that VTA Management Services has signed a 10 year/5,000 s/f lease at Kingswood Center I in Midwood, BK. Brooklyn, NY – September 3, 2019 – EINPresswire.com/ – Infinity Real Estate LLC (“Infinity”) and The Nightingale Group LLC have announced that VTA Management Services, LLC (“VTA”) has signed a ten-year lease on approximately…

Leading Sustainable Fashion Brand Leases Ground Floor of Infinity’s 353 Newbury Street Boston, MA – July 17, 2019 – Infinity Real Estate (“Infinity”) announced today that they have signed a ten-year, ten-month lease with leading sustainable fashion brand Reformation at Infinity’s 353 Newbury Street property, located in the heart of Boston’s Back-Bay neighborhood. The lease…

Chic Kitchen Designer Bulthaup to Remain at 158 Wooster Street Property Through 2030 and Renowned Tile Manufacturer Renews for Another Ten Years at 49 East 21 st Street New York, NY – July 10, 2019 – EINPresswire.com/ –  Infinity Real Estate (“Infinity”) has announced that Bulthaup, a luxury German kitchen manufacturer, will remain as the sole tenant…

Prime Double Height Expandable Retail Available at Prime 48th Street Location New York, NY – May 30, 2019 – The Xerxes Group (“Xerxes”) and Infinity Real Estate (“Infinity”) announced today that Gemological Science Institute (GSI) is the most recent company to join the building roster at 587 Fifth with a 4,110 square foot lease of…

Infinity’s David Berg Recognized by Miami Beach Chamber of Commerce as a Better Beach Citizen and Next Gen Leader at 7th Annual Better Beach Awards New York, NY and Miami Beach, FL – May 16, 2019 – Infinity Real Estate (“Infinity”) today was recognized with two awards at the 7th Annual Better Beach Real Estate…

NEW YORK, NY, (March 25, 2019) – nypost.com/ – It took seven years for the Times Square Edition hotel to open at the corner of Seventh Avenue and West 47th Street after the project was announced in 2012. But Maefield Development, Fortress Investment, Marriott International and Edition-brand creator Ian Schrager hit the sweet spot after…

Miami Beach Residents and Panelists to Discuss Vision with Passing of Proposals and Funding MIAMI BEACH, FL, USA, November 12, 2018 – einpresswire.com – Miami Beach United (MBU) is hosting a panel discussion on Re-Imagining Ocean Drive at the Miami Beach Woman’s Club on Tuesday November 13, 2018. The panel will review the ongoing revitalization…

Right on Target! — The retailer cut the ribbon on its newest Brooklyn location, 1712 East 14th St., in Midwood, in an invite-only store preview event on Wed., Nov. 7. NOVEMBER 8, 2018 – brooklynreporter.com – The store — which is near Kings Highway — is one of the new small-format stores the chain has…

Infinity now controls all of the commercial units along Biscayne Blvd at Paramount Bay Miami, FL –  May 2, 2018 – EINPresswire.com – Infinity Real Estate LLC announced today its purchase of two commercial condominium units at 2063 Biscayne Boulevard in Miami’s Edgewater neighborhood. Infinity acquired approximately 7,000 square feet at the property for $2.3…

Local Real Estate Leaders Recognized by Miami Beach Chamber of Commerce at 6th Annual Better Beach Awards New York, NY and Miami Beach, FL – April 20, 2018 – Infinity Real Estate (“Infinity”) today was recognized for its transformative, historic redevelopment of 728 Ocean Drive property as the recipient of the Historic Preservation Platinum Award…

New York, NY – April 19, 2018 – The Xerxes Group (“Xerxes”) and Infinity Real Estate (“Infinity”) announced today the successful leasing of the property’s unique 4,110-square foot Penthouse suite to Independent Music Publisher Arcade Songs. The building’s full lobby renovation by award-winning design firm, Julian Von Der Schulenburg, is also under way and set to…

The 156-unit building in Edgewater was completed late last year TheRealDeal – February 23, 2018 – Greystone Development just sold its stake in a new mixed-use rental tower in Edgewater, and the remaining owners refinanced the property. The New York-based development company partnered with Alta Developers to build the 19-story, 156-unit building at 2500 Biscayne…

CVS Opens at Hollywood Landmark Site Miami, FL – February 9, 2018 – Infinity Real Estate, LLC (“Infinity”) announced the opening of CVS in their iconic South Beach property at 728 Ocean Drive. Infinity purchased the property for $12.4 million in 2015 and fully renovated the building in accordance with Historic Preservation Board approval at…

Brooklyn, New York (August 23, 2017) – Infinity Real Estate LLC announced today the sale of 2845 Coney Island Avenue in Brooklyn, NY to MED Partners LLC for $12.2 Million or $1,220 per leasable square foot. Cushman & Wakefield led by James Nelson, Alex Svetlakou and Carly Weinreb represented the seller, while Arsen Atbashyan of…

TheRealDeal, May 2017 – Infinity Real Estate and the Nightingale Group landed a $41.6 million construction loan from Mercantil Commercebank for their planned Midwood office-and-retail development Kingswood Plaza II. The partners plan to replace a two-story garage at 1715 East 13th Street with a 106,000-square-foot building. 56 percent of the space is pre-leased to retailers…

Deal Marks Infinity’s First Boston Acquisition Boston, Massachusetts (April 25, 2017) – Infinity Real Estate, LLC (“Infinity”) announced today the purchase of 353 Newbury Street, a four-level, 9,500 square-foot mixed-use property in Boston’s historic Back Bay neighborhood.  LF Stores, a women’s apparel retailer based in LA, occupies the ground floor while the top two floors…

TheRealDeal, April 2017 – After a four-year legal battle, 587 Fifth Avenue finally has a new owner. Steve Kassin’s Infinity Real Estate quietly took a majority stake in the 10-story, 41,652-square-foot building’s leasehold for an undisclosed price at the end of 2016, according to sources, with Xerxes Group and Elyass Eshagian holding a minority interest. Eshagian previously owned…

Miami New Times, April 2017 – All the painkillers, Band-Aids, and antibiotics in the world wouldn’t have made much of a difference to Angel Fernandez, the Scarface character whose dismemberment by chainsaw was the 1983 gangster flick’s most infamous scene. But today the building where the grisly attack was set is being converted into a CVS. Renovations have…

New York, New York (March 3, 2017) – Infinity Real Estate LLC announced today the opening of Le Pain Quotidien’s newest location, in the heart of Manhattan’s Greenwich Village, at Infinity’s 205 Bleecker Street. Prior to delivering the space, Infinity completed a complex and multi-faceted redevelopment of the historic property, which required Landmarks Preservation Commission…

Commercialobserver, February 2017 – TJX Companies, parent company of Marshalls, has leased about 22,000 square feet in a 10-year deal for a new Marshalls department store in Kingswood Center IIlocated at 1715 East 13th Street in the Midwood section of Brooklyn, one of the retail brokers for the site, JLL’s Erin Grace, told Commercial Observer. She worked alongside JLL’s Patrick…

NEW YORK, NY (November 15, 2016) – Infinity Real Estate’s founder and managing partner Steve Kassin was featured at the NYU Stern Talks series held on Friday, November 11 at Tisch Hall. The program also featured Assistant Dean Ashish Bhatia of NYU Stern, Lee Ballin of Bloomberg LP and Tensie Whelan, Director of the NYU Stern…

Infinity’s 2nd Historic Ocean Drive Property MIAMI BEACH (July 18, 2016) – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 1200 Ocean Drive, a historic 18,287 square-foot mixed use residential property in Miami’s South Beach. 1200 Ocean Drive marks Infinity’s most recent addition to its…

Restaurant and Bakery Chain Expands in Manhattan’s Bustling West Village NEW YORK (June 27, 2016) – Infinity Real Estate, along with its partner, Seven Equity Group, has leased 2,969-square-feet of retail space to internationally known Le Pain Quotidien at 205 Bleecker Street in the West Village. Started in Brussels in 1990, the Belgian-inspired bakery and…

New York, NY, January 22, 2016 – Infinity Real Estate (“Infinity”) announced today that it sold two New York City properties located at 123 East 12th Street and 128 East 13th Street to The Milan Associates L.P. for $21.50 million. James Nelson of Cushman & Wakefield served as the exclusive broker on the transaction. Infinity…

New York, NY, October 1, 2015 – They are the future of our industry and, in some ways, the future is now, as young professionals are in the trenches, shaping the thinking and direction of commercial real estate. These young leaders have a drive and determination that is equal to and, in many ways, unmatched…

Infinity Real Estate Expands Its Portfolio of Prime Urban Retail New York, NY, August 3, 2015 – Infinity Real Estate, a wholly owned business unit of the Infinity Group, in partnership with Seven Equity Group, announced today the purchase of 205 Bleecker Street, a 6,097 square foot retail condominium located in historic Greenwich Village. Situated…

Commercial Observer, June 23, 2015 – Nearly a year after buying two mixed-use Midwood, Brooklyn, properties for $79.1 million, the owners are hoping to tack on 60,000 square feet at one of the plazas for one or more tenants to occupy, Commercial Observer has learned. A partnership led by Infinity Real Estate wants to add…

Westport, CT, May 8, 2015 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 535-561 Post Road East, which is a 1.9 acre parcel of land improved with a 19,000 SF Terrain Home & Garden Store, situated in the heart of the busiest commercial thoroughfare…

Miami Beach, FL, March 12, 2015 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 728 Ocean Drive, an iconic 9,238 mixed-use commercial property situated between 7th and 8th Street, in the heart of South Beach . 728 Ocean Drive is the most recent addition…

Bisnow, December 18, 2014 – In August, A JV of Infinity Real Estate and Nightingale Properties bought the 230k SF Kingswood Plaza at 1630 E 15th St from AVR Realty, which The Real Deal reports went for nearly $80M. The property, built in 2007 and near the Kings Highway subway station, includes a T.J.Maxx and…

The Real Deal, New York, NY, August 20, 2016 – Infinity Real Estate LLC, in partnership with Nightingale Properties, acquired two mixed-use properties in Brooklyn’s Midwood section. The purchase price for the properties was $79.1 million, sources told The Real Deal. Located on the Kings Highway commercial corridor, the buy includes Kingswood Plaza, a 230,000-square-foot…

New York, NY, August 18, 2014 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, in partnership with Nightingale Properties, announced today the purchase of two major mixed-use properties located on the premier Brooklyn commercial corridor of Kings Highway. The properties, includes Kingswood Plaza, a 230,000 square foot mixed-use building…

New York, NY, July 16, 2014 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 2845 Coney Island Avenue, a unique 10,000 square foot free-standing corner retail building with onsite parking. 2845 Coney Island Avenue is the most recent addition to Infinity’s portfolio of prime…

Philadelphia, PA, March 27, 2014 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 1805 Chestnut Street, a 5,000 square foot mixed-use apartment and retail property located in Philadelphia’s coveted Rittenhouse neighborhood. Located on the corner of 18th and Chestnut Street, 1805 Chestnut Street is…

New York, NY, March 27, 2014 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, in partnership with The Xerxes Group, announced today the purchase of 49 East 21st Street, a 5,000 square foot mid-block retail space located in Manhattan’s coveted Flatiron District neighborhood. Located between Broadway and Park Avenue,…

New York, NY, December 23, 2013 – Infinity Urban Century LLC, an affiliate ofInfinity Real Estate and owner of22 East 36th Street, announced that it has selectedDouglas Elliman’s Tavivian Sporn Team as the exclusive leasing team for the Murray Hill property, also known as 215 Madison Avenue. Situated on a beautiful tree lined street at…

New York, NY, October 1, 2013 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 159 West 85th Street, a prewar residential building in Manhattan’s premier Upper West Side. 159 West 85th Street is the most recent addition to Infinity’s portfolio of urban residential properties. Infinity’s plans for…

New York, New York, April 23, 2013 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 158 Wooster Street, a 3,932 square foot corner retail space located in Manhattan’s highly coveted SoHo neighborhood. Located at the gateway to SoHo, at the intersection of Wooster and…

New York, New York, February 27, 2013 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 1245 Fulton Street, an 11,385 square foot retail building in Brooklyn’s Fulton Street and Nostrand Avenue retail corridor. 1245 Fulton Street is the most recent addition to Infinity’s portfolio…

New York, NY, November 15, 2012 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of a prime 3-property retail portfolio in the NYC boroughs of Brooklyn and Queens. 2131 Nostrand Avenue, a 4,500 square foot retail building in Brooklyn, is fully occupied by Get Set,…

36-Story Project will Feature the Largest LED Screen in Times Square, a Multi-Story Destination Retail Complex, and a 500-Room Hotel Tower New York, NY, October 16, 2012 – Maefield Development, Infinity Urban Century, The Witkoff Group and New Valley, an investment unit of Vector Group LTD (NYSE: VGR), announced today that they have completed the…

New York, NY, October 4, 2012 – Infinity Urban Century, an investment affiliate of Infinity Real Estate, announced today that it has sold its interest in Daymark Realty Advisors to an entity owned by Sovereign Capital Management, Inc. Infinity acquired Daymark from Grubb & Ellis, in partnership with San-Diego Sovereign Capital, in August 2011, shortly…

Real Estate Finance Intelligence, September 24th, 2012 Click hyperlink below for article: Real Estate Finance & Investment (9-2-2012)

New York, NY, September 10, 2012 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 158 8th Avenue, a 1,200 square foot retail condo in Manhattan. 158 8th Avenue is the most recent addition to Infinity’s national portfolio of urban retail properties. Located in the…

Business Wire, San Diego, CA, Sep 05, 2012 – The American Recovery Property Trust (“ARPT”), a newly formed company that intends to qualify as a REIT, announced today its first real estate acquisition – Western Place I & II, a 425,000 square-foot, two-building office complex located in Fort Worth, Texas. The real estate transaction closed…

New York, NY, March 23, 2012 – Infinity Real Estate LLC, a wholly owned business unit of the Infinity Group, announced today the purchase of 1995 Nesconset Highway, a 19,417 square foot free standing Fortunoff Backyard Store located in Lake Grove, NY.  The Property is prominently situated on Route 347 at the entrance of Smith…

Las Vegas, NV, January 15, 2012 – Up against CBS’ monster NFL AFC Divisional Playoff Game (Denver Broncos-New England Patriots) and an NFL playoff overrun-fueled Fox on Saturday night, ABC’s 9-11pm broadcast of The 2012 Miss America Pageant on January 14, 2012 grew year to year and made it the dominant #1 non-sports network in…

Infinity Urban Century Completes Acquisition of Daymark Realty Advisors, Inc. in Partnership with Sovereign Capital Management Group New York, NY, August 10, 2011 – Infinity Urban Century, an investment unit of Infinity Real Estate, and Sovereign Capital Management, today announced they have completed the purchase of Daymark Realty Advisors Inc. from Grubb & Ellis Company (NYSE:…

New York, NY, June 1, 2011 – Infinity Real Estate LLC (“Infinity”) announced today the kick off of the rehabilitation project for 22 Little West 12thStreet, a 6-story building in Manhattan’s Meatpacking District. Located in the heart of the landmarked Gansevoort Market, 22 Little West 12th Street is a former parking garage located steps from…

New York, NY, February 4, 2011 – Infinity Real Estate LLC (“Infinity”) announced today the purchase of Eden Centre, a 59,000 square foot grocery-anchored neighborhood shopping center in Eden, North Carolina.  Eden Centre, anchored by a Food Lion Supermarket, also features a mix of national and regional everyday retail offerings including CitiFinancial Services and a…

New York, NY, October 01, 2010 – Infinity Real Estate (“Infinity”) is pleased to announce the opening of the new Urban Outfitters in Syracuse, NY’s historic Armory Square District.  In early 2009, a partnership between Infinity and Brookline Development purchased the 1890s constructed McArthur, Cooney and Wirth Building – a three-story property located at 221…

New York, NY, September 22, 2010 – Infinity Real Estate LLC (“Infinity”) announced today its sale of the Fashion 26 Hotel in New York City. The 280-key, full-service hotel was sold to a fund managed by RLJ Development for $121.8 million.  Infinity led the design, construction, launch, and stabilization of Fashion 26 throughout the Hotel’s…

New York, NY, May 17, 2010 – Infinity Real Estate LLC, an INFINITY GROUP Company, announced today the purchase of Colony Plaza, a 215,000 square foot grocery-anchored neighborhood shopping center in Augusta, Georgia.  Colony Plaza, anchored by a Food Lion Market and Roses Department Store, also features an eclectic mix of national and regional everyday…

The Real Deal, New York, NY, April 13, 2010 Click hyperlink below for article: http://therealdeal.com/newyork/articles/real-estate-in-brief–43

New York, NY, April 6, 2010 – Infinity Real Estate LLC, an INFINITY GROUP Company, announced today that The Parlour Midtown, a 7,000 SF Irish “Gastro-Pub” has opened its doors at 247 W. 30th Street – a mixed-use loft office property owned and managed by Infinity Real Estate. Since signing a lease in August of…

The Real Deal, New York, NY, November  02, 2009 Click hyperlink below for article: Young Hotelier to Open Garment District Spot (The Real Deal, 11-2-2009)

New York, NY, October 1, 2009 – Infinity Real Estate is pleased to announce the occupancy of JHR Baltimore at 339 Bloom Street, in Baltimore, Maryland.  JHR Baltimore is a HUD-sponsored non-profit organization that provides housing and career services in the Baltimore City area. The organization has entered into a five year “master lease” for…

Hotel Chatter, New York, NY, August 25, 2009 – Infinity Real Estate, on behalf of the project’s partnership group, has announced the official naming of its Chelsea hotel as “Fashion 26 – A Wyndham Hotel.” The naming marks the location’s cross streets at Fashion Ave and West 26th Street. The 4-star property will have 280…

New York, NY, August 23, 2009 – The Parlour, an established New York City Irish Pub, will join an impressive roster of new tenants at 247 West 30th Street, located in Midtown South. The neighborhood food and beverage operation will occupy a total of approximately 8,000 square feet on three levels. The grand retail space…

New York, NY, July 1, 2009 – The Infinity Group will relocate and expand its NYC headquarters at year-end 2009. The company has executed a lease for 13,805 square feet on the entire 30th floor of 1407 Broadway. The floor features 360-degree Manhattan skyline views and ample natural light. Infinity’s executive suite and corporate staff…

New York, NY, April 22, 2009 – Infosys Technologies Ltd. has leased 13,500 square feet at Skyline Professional Center in Bentonville, AR. The office space will serve as the Company’s new regional headquarters. Infosys Technologies is a leading, global IT services company that focuses on providing innovative and cutting-edge IT and consulting solutions for businesses….

New York Post, New York, NY, February 24, 2007 – Rare Bar & Grill has executed a lease for the Restaurant, Lobby Bar and Sky Lounge spaces at Fashion 26 – Wyndham Hotel, located in Chelsea, NYC. Click hyperlink below for article: BIG PLANS FOR BOXER’S BURGEONING BURGER JOINTS

New York, NY, November 22, 2008 – Infinity Real Estate today has officially “topped off” its 22-story Wyndham Hotel at Fashion Avenue and West 26th Street, in the Chelsea neighborhood of Manhattan.

New York Real Estate Journal, New York, NY, July 8, 2008 – Infinity has closed on the purchase of 247 West 30th Street for $15.85 million. The class B loft office building is located on the north side of West 30th Street, between 7th and 8th Aves. The property is a 16-story elevator building totaling…

CityFEET.com, New York, NY, June 12, 2008 Click hyperlink below for article: Press Release: INFINITY COMPLETES THE ACQUISITION OF 247 WEST 30TH STREET IN MANHATTAN

CityFEET.com, New York, NY, June 12, 2008 Click hyperlink below for article: Press Release: INFINITY COMPLETES THE ACQUISITION OF 247 WEST 30TH STREET IN MANHATTAN

Finance & Commerce, Minneapolis, MN, November 1, 2007 Click hyperlink below for article: N.Y.-based investment firm acquires three properties in Coon Rapids