BEB Capital

BEB Capital is thrilled to have been named as a 2024 Best Places to Work on Long Island by Long Island Business News for the fourth year in a row!   Best Places to Work on Long Island identifies, recognizes and honors the best places of employment on Long Island.    Thank you to all our team members at BEB Capital who foster a strong level of teamwork, camaraderie, and growth. Congratulations to all the honorees! See the full list below.    https://lnkd.in/gHKDxZv6

Congratulations to BEB Capital's Senior Director of Accounting Michelle Samaroo on being named as an honoree for New York Real Estate Journal Women in Commercial Real Estate Spotlight!   NYREJ's annual Women in Commercial Real Estate Spotlight recognizes talented women in New York working across the real estate industry.   Congratulations Michelle on this well-deserved recognition!    Read more at the link below: https://lnkd.in/eqrgcRQT

BEB Capital's CEO Lee Brodsky and Chief Investment Officer Keyvan Ghaytanchi recently spoke with Ashley Fahey Real Estate Editor The Business Journals, on how the Fed's recent interest rate cuts will impact commercial real estate. "I think this starts to unlock the inertia and difficulty within the capital markets, which will allow more transactions to be done. We see this as a once-in-a-generation buying opportunity. This starts that process." -- Lee Brodsky, CEO of BEB Capital "It looks like we’re heading toward a soft landing. I think industrial will be fine, and we will have continued demand from businesses as they grow, especially given near-shoring. The rate cuts will probably benefit multifamily the most, as a lot of those loans were floating-rate loans." -- Keyvan Ghaytanchi, Chief Investment Officer of BEB Capital Read more at the link below: https://lnkd.in/e76eBmT5

Congratulations to BEB Capital and the BEB Lending team for being recognized on Globe St.’s 2024 Influencers in Industrial list!    GlobeSt.'s Influencers in Industrial highlights individuals, teams and organizations who have made an impact on the sector and have been critical to driving its performance.   Read more at the link below: https://lnkd.in/eN9eX_8q  

Congratulations to BEB Capital Controller Alan Rayman on being named as honorees for Long Island Business News Leaders in Business and Finance Awards.   Alan has been recognized for his 30+ years of accounting and finance experience, and his contributions to strengthening BEB Capital's culture and operations.   The Leaders in Business and Finance Awards celebrates banking professionals, accountants, financial advisors, controllers, chief financial officers and other financial professionals.   Congratulations Alan on this well-deserved recognition!   See the full list of this year's honorees at the link below: https://lnkd.in/eUpTCjiN   #LIBNevents  

Last week, we celebrated the topping out of 737 4th Ave in Sunset Park, Brooklyn, a 193,000-square-foot, 14-story, 187-unit mixed-income housing and retail development in Sunset Park, Brooklyn.    Of the 187 residential units, 46 will be permanently affordable at 48% of area median income (AMI), one of the lowest AMI averages achieved in the last five years in Brooklyn, addressing the city’s need for more affordable housing. Congratulations to all our partners on this exciting milestone!    TOTEM Ailanthus Scott Shnay SK Development Read more at the link below.   https://lnkd.in/gK-sSv7h

CEO of BEB Capital, Lee Brodsky Lee Brodsky recently connected with Paul Rosta, host of Commercial Property Executive’s Commercial Property Executive Investment Matters podcast.    In this episode, Lee shared his insights on the next wave of #industrial opportunity, what’s driving demand in the sector, and the benefits of having investment and finance capacity under a single roof.    “Industrial has continued to stay strong through a fundamental perspective. We’ve had dramatic growth, and supply has increased over time, so there has been a little bit of softness in the marketplace from a leasing perspective, but we’ve started to see over the last 30-60 days that softness start to firm up and we’ve got a lot more activity.”   Listen to the full conversation below!   https://lnkd.in/gNXCDArS

In a recent The New York Times article, David Montgomery explores a new push from developers looking for ways to drive foot traffic, incorporating art into their developments.   BEB Capital's CEO Lee Brodsky shared his insights and why he decided to install a 15-foot mural outside the firm's headquarters to attract office tenants looking for a neighborhood with cultural cachet.   "I believe that if we didn’t have art, people would walk in and say, ‘This is very nice, but I’d rather either work from home or stay where I am.'"   Read more at the link below: https://lnkd.in/eK2nwkJq

For New York Real Estate Journal's Developing Brooklyn Spotlight, the new development of 737 4th Avenue was one of the projects highlighted. Earlier this year, the development team of BEB Capital, TOTEM, Ofer Cohen, and SK-Development secured financing for the major mixed-use development in Sunset Park, Brooklyn, which will feature various unit types, including one-, two-, and three-bedroom residences. 46 of these units will be permanently affordable, averaging 48% of the area median income (AMI), marking one of the lowest AMI thresholds in Brooklyn over the past five years.   NYREJ's Developing Brooklyn spotlight features top Brooklyn projects that are currently underway or recently completed.   Read more at the link below. Lee Brodsky Keyvan Ghaytanchi Craig Miller Andrew Levine

Congratulations to BEB Capital CEO Lee Brodsky and the entire BEB Capital team on being named as honorees for Long Island Business News' Corporate Citizenship Awards! The Corporate Citizenship Awards recognize companies and individuals who believe that by being a good corporate citizen we contribute to the economic and social well-being of our employees, businesses, and the community. See the full list of this year's honorees at the link below: #LIBNevents