Real Estate Weekly:
Metropolitan Doling Out Gas Cards to Brokers on Long Island
New York Real Estate Journal:
Metropolitan Realty Associates Breaks Ground on 161,000 s/f Office Building
Islip Bulletin:
Engineering Growth; Creating Jobs
Real Estate Weekly:
Catering Company consolidates at Sunrise Center
Newsday:
Farkas' New Tenant.
Real Estate Weekly:
Aetna takes Sunrise spot.
Newsday:
Citizens Bank Opens First LI Branch.
Long Island Business News:
In real estate, it's good to be on the outside
Islip Bulletin:
Corridor Concerns to be Addressed
New York Real Estate Journal:
17,544 s/f lease at Sunrise Business Center
Islip Bulletin:
Corridor Concerns to be Addressed
Long Island Business News:
Inside Out - Office Workers are the Winners in this Space Race
Real Estate Weekly:
Sunrise Business Center Signs Largest Transaction to Date
Long Island Business News:
Before Stop and Shop debut, bank inks training site
Real Estate Weekly:
Metropolitan buys LI business center in
$20M+ deal
Newsday:
Former Northrop site sells for $20M
Long Island Business News:
Fearless Farkas at is again
Long Island Business News:
Tech center sold
Suburban Markets:
Joseph A. Farkas, president of Metropolitan Realty Associates LLC, has been honored
Long Island Business News:
Is Farkas dynamic enough for Great River turnaround?
Long Island Business News:
Fearless Farkas at it again
Real Estate:
Farkas nabs Netsmart deal at Sunrise Business Center
Raymond Ruiz
T 516.677.1704
F 516.364.6943
Raymond.Ruiz@cbre.com
Bruce Nelson
T 516.677.1740
F 516.364.6943
Bruce.Nelson@cbre.com
Marianne Dugan
T 516.677.1741
F 516.364.6943
Marianne.Dugan@cbre.com

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Metropolitan Realty Associates LLC
(“MRA”) is a private real estate investment company specializing in identifying
opportunistic commercial real estate investments in select metropolitan markets
and acquiring these properties in joint venture with institutional and high net
worth individual equity sources. MRA presents its equity partners an
opportunity to participate in off-market or unique real estate transactions by
seeking out investment opportunities and utilizing analytical and operating
expertise to implement investment strategies.
MRA provides hands-on asset, property and construction management oversight on
behalf of the joint venture ownership structures created for acquiring real
estate or as a third party service provider. Property Management and Accounting
Services including repair and maintenance oversight, service contract bidding,
negotiation and implementation, tenant relations, tenant invoicing, accounts
payable, sundry charges and accounts receivable are handled directly by MRA.
Property level financial and partnership accounting is provided on a monthly
basis by MRA on a cash, accrual, cash and accrual basis as well as in
accordance with GAAP. Leasing services are typically outsourced to the
strongest, non-conflicted brokerage firm in the market.
Angelo,
Gordon & Co.
is a money management firm founded in 1988 to focus exclusively on alternative
money management activities. The firm primarily invests in private real estate,
distressed securities, convertible hedging, merger arbitrage, real estate
securities hedging, utility hedging, leveraged loans and private equity. The
firm's real estate investment strategy is to acquire real estate properties in
the United States across a broad range of geographical markets and product
types, including office buildings, hotels, shopping centers, apartment
buildings, and industrial property. To date, Angelo, Gordon & Co. has
participated in over 165 real estate investments on behalf of our firm and
various managed investment funds over the past twelve years having a gross
purchase price in excess of $5.8 billion.
CB
Richard Ellis Group, Inc.
(NYSE:CBG), an S&P 500 company headquartered in Los Angeles, is the world’s largest commercial
real estate services firm (in terms of 2007 revenue). With over 29,000 employees, the Company serves real estate owners, investors
and occupiers through more than 300 offices worldwide (excluding affiliate offices). CB Richard Ellis offers strategic advice and
execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking;
appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis was named
one of the 50 “best in class” companies by BusinessWeek, and one of the 100 fastest growing companies by Fortune.
Please visit our Web site at www.cbre.com
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