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Cresa Managing Principals Peter Sabesan and Steve Schaumberg, and Vice President Daniel Taormina have arranged a new lease for MidCap Financial Services, LLC at The Feil Organization’s 551 Fifth Avenue (The Fred F. French Building). The firm will relocate and expand its offices from the sixth floor to the entire 5,645-square-foot 31st floor of the landmark tower.  MidCap Financial Services,  in conjunction with investment manager Apollo Capital Management, an affiliate of Apollo Global Management, is a middle market-focused, specialty finance…

Fannie Mae and Freddie Mac are dropping a fee on mortgage refinances that was instituted during the pandemic. Continue reading at CNBC.com: Click Here Press Release Distribution Service

Tennis superstar Serena Williams has invested an undisclosed amount in Esusu, a start-up with a mission to boost credit scores of underserved populations. Continue reading at CNBC.com: Click Here Press Release Distribution Service

In what might be a bellwether for the prime Sixth Avenue office corridor, Berenberg Capital Markets has extended its lease at Mitsui Fudosan America’s 1251 Sixth Ave., and expanded on the tower’s top two floors. Press Release Distribution Service

3320 Route 1 in Lawrence Township — Courtesy: JLL By Joshua Burd The site of a vacant Sears building in Lawrence Township is on the market for sale, providing a redevelopment opportunity alongside a mall on Route 1. According to JLL, which is marketing the 15.4-acre lot at 3320 Route 1, much of the existing…

A New York apartment complex that once gave refuge to single ladies and Steve McQueen became a zombie home — until locals vowed to save it. Press Release Distribution Service

Hackensack Meridian Health will open a 45,600-square-foot outpatient care facility at Monmouth Plaza Shopping Center on Route 35 in Eatontown, occupying spaces that formerly house DSW and Eastern Mountain Sports, along with a portion of the former Toys R Us store. — Courtesy: R.J. Brunelli & Co. By Joshua Burd Hackensack Meridian Health has leased…

Lee’s 40 Acres and a Mule Filmworks in Fort Greene was cited for “illegally” extending its garage’s curb cut. Press Release Distribution Service

Foot Traffic & the NAR SentriLock Home Showings Report NAR releases the NAR SentriLock Home Showings Report on a monthly basis. By:  Meredith Dunn Land Use & Property Rights Continue Reading at NAR.REALTOR Click Here. Press Release Distribution Service

Homeowners looking to refinance their mortgages could have an easier time getting a lower rate, with Fannie Mae and Freddie Mac’s federal regulator eliminating a 50-basis point refinancing fee that was intended to help the mortgage giants cover at least $6 billion in anticipated losses due to the pandemic. To Read More Visit Inman News…

The move will help borrowers take advantage of a low mortgage rate environment. Continue Reading at Forbes.com Here Press Release Distribution Service

Instant Reaction: Jobs, July 2, 2021 A strong 850,000 net new jobs were added in June. Residential construction workers and general contractors rose by 15,200. By:  Lawrence Yun Continue Reading at NAR.REALTOR Click Here. Press Release Distribution Service

As the official start to summer approaches, agents say the market is less chaotic than a few weeks ago, and more high-end luxury properties, in particular, seem to be available and lingering on the market longer. To Read More Visit Inman News Click Here Press Release Distribution Service

While it may seem to be a small thing to them (co-op buildings) — a maneuver to maintain shareholder value in their buildings — the consequences can reach further than they realize. Continue Reading at Forbes.com Here Press Release Distribution Service

May 2021 NAR SentriLock Home Showings Report Highlights In May 2021, there was an increase in nationwide foot traffic on a month-to-month basis, and home showings were up 24% year-over-year. By:  Brandon Hardin Continue Reading at NAR.REALTOR Click Here. Press Release Distribution Service

Tiffany Curry, Sue Adler and Michael Dreyfus operate in different geographies and deal with significantly different market dynamics, and each has a unique take on what it will take to keep up the momentum this summer. Join us virtually on July 20 to learn their tips and tricks. To Read More Visit Inman News Click…

Inside Nima Ghamsari’s vision for Blend Labs as the mortgage software company begins to trade on the New York Stock Exchange. Continue Reading at Forbes.com Here Press Release Distribution Service