Kim Clackson

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    NKF Capital Markets arranged the loan on behalf of Normandy Real Estate Partners, for the acquisition and repositioning of 25-11 49th Ave. in Long Island City.

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    The hotel market data and benchmarking firm's October 2017 Pipeline Report saw some slowing in the U.S. hotel construction, with cities like New York, Houston, Los Angeles and Seattle seeing year-over-year decreases in construction of hotel rooms.

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