About

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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March 10, 2017 | News
Eastern Consolidated Arranges $120 Million in Construction Financing for New Hotel in Times Square Area

Eastern Consolidated’s Capital Advisory Division has arranged a debt and equity package totaling $120 million to finance the construction of 25-story, 520-key Hyatt Place Hotel at 350 West 39th Street for the Mcsam Hotel Group led by Sam Chang. Adam Hakim, Managing Director, and James Murad, Director, handled the transaction, which includes a $95 million first mortgage with Bank of the Ozarks, and $25 million of preferred equity with Square Mile Capital Management LLC. “With a revitalized theater district, thriving hospitality industry, and constantly improving retail, the Times Square area is a magnet for tourists,” Hakim said. “New York City hosted a record 60.3 million visitors last year, which boosted the city’s hotel occupancy rate to an average 90.1 percent, and more visitors are expected this year.”


March 20, 2017 | News
Eastern Consolidated Arranges $85 Million Refinancing Loan for Upper West Side Luxury Residential Property

Eastern Consolidated’s Capital Advisory Division has arranged an $85 million refinancing loan for a prime 12-story, ±140,000-square-foot luxury building with 133 residential and eight commercial units at 2030 Broadway, between West 69th and West 70th Streets. Managing Director Jonathan Aghravi and Associate Director Charles Han represented the borrower, Ormonde Equities LLC, and secured the loan from a life insurance company. “All parties involved worked diligently to ensure a smooth loan approval process in order to close within three weeks,” Aghravi said.


March 21, 2017 | News
Eastern Consolidated Arranges Retail Lease in the East Village for Fashionable Pet Swag Shop

LoveThyBeast, which sells pet swag online and at major retail stores such as West Elm and Urban Outfitters, will soon be moving into a permanent home at 300 East 5th Street in the East Village. The Eastern Consolidated Retail Leasing Team of James Famularo, Principal and Senior Director, and Max Swerdloff, Associate Director, found the space for LoveThyBeast and negotiated the 10-year, 450-square-foot lease. The deal is the 10th retail lease the Famularo team has negotiated in the East Village in recent months. Compass represented the landlord. “Love Thy Beast was the perfect tenant for the space and the area,” Famularo said. “The business sells uniquely designed canvas pet totes, fashionable fleece hoodies, beds, toys, and other essentials to doting dog and cat owners.”

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