Powered by a highly skilled team of over 100 brokers with a fluency in 15 languages, Eastern Consolidated is one of the country’s preeminent full-service commercial real estate firms. Through three core divisions – Investment Sales, Capital Advisory, and Retail Leasing – Eastern Consolidated serves an impressive roster of international and domestic institutional and private investors on real estate transactions of all sizes and across all property types. 

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Our Services

Investment Sales

We take a holistic look at our clients’ investment properties and goals and tailor effective marketing strategies to achieve maximum returns.

Retail Leasing

Our Landlord/Tenant Advisory Services offer the greatest possible exposure for retail units, and match tenants with the right location and space.

Capital Advisory

We excel at creating the perfect capital stack for each client's project whether a ground-up development, value-add asset, or high-performing property.

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Latest News

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Jan. 27, 2017 | News
Eastern Consolidated Arranges $68 Million Acquisition Loan for 257-Key Gurney's Newport Resort and Marina

Eastern Consolidated’s Capital Advisory Division has arranged a $68 million acquisition loan for a 257-key, 227,300-square-foot, full service hotel on a 9.5-acre tract of land in Newport, RI. The hotel previously operated under the Hyatt Regency flag and will be rebranded as Gurney’s Newport Resort and Marina operating under a Gurney’s license agreement. Eastern Consolidated’s Adam Hakim, Managing Director, and James Murad, Director, Financial Services, arranged the transaction with Bank of the Ozarks on behalf of the sponsor, a joint venture between Metrovest, BLDG, and Square Mile Capital. The hotel complex contains approximately 27,000 square feet of indoor event space, 50,000 square feet of outdoor event space, the award-winning Stillwater spa, indoor and outdoor swimming pools, fitness center, business center, four food and beverage outlets, and on-site parking. In addition, an 850-linear-foot marina is currently under construction on the property.

Feb. 10, 2017 | News
Eastern Consolidated Arranges Lease for Social Media Sensation's Fourth Manhattan Restaurant

James Famularo and Jeff Geoghegan have arranged a 10-year, 2,000-square-foot ground lease at 177 Ludlow Street on the Lower East Side for social media sensation Black Tap Craft Burgers & Beer. Known for its celebrity clientele including Rihanna and Gigi Hadid, Black Tap currently operates other Manhattan locations in SoHo, the Meatpacking District, and recently opened at The Blakely New York in Midtown. The new Lower East Side spot is scheduled to open in the third quarter of 2017. “Black Tap is a master of social media, well-known for its one-of-a-kind milkshakes topped with marshmallows, cotton candy, M&Ms, cookies and other tasty treats that are photographed and posted to Instagram,” Famularo said. “The owners were the most meticulous restaurateurs I’ve ever worked with, looking at dozens of spaces all over Manhattan before settling on 177 Ludlow Street. They hit it out of the park with their other locations and wanted to make sure they hit a home run with this location too.”

Feb. 6, 2017 | News
Eastern Consolidated Arranges $38.5 Million Construction Loan for 131-Unit Development on Hillside Avenue in Jamaica, Queens

Eastern Consolidated's Adam Hakim, Andrew Iadeluca, and James Murad arranged a $38.5 million senior construction loan for a 176,130 gross square foot, mixed-use development at 178-02 Hillside Avenue in Jamaica, Queens. The project will include 131 apartments on floors three through eight; over 10,000 square feet of retail space that will be leased to a national pharmacy brand; a 25,000-square-foot medical office space on the lower level; and a public parking facility. “Jamaica is in the midst of a large-scale transformation following a major rezoning of 368 blocks, and significant public and private investment in the area’s transportation hub,” Hakim said. “A number of mixed-use developments are underway and further investment is expected.”

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