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The Castellana Foundation, Western Beef, and their parent company Cactus Holdings Inc.,and Peter Castellana III on behalf of the Castellana family are proud to announce their support for Gersh Academy for Students on the Autism Spectrum. Western Beef has been a partner with Gersh Academy for approximately three years. Through this partnership, Gersh offers their students a vocational opportunity near their campus in West Hempstead, NY. This program helps students build real l

As reported by Commercial Observer's Cathy Cunningham, JMH Development and Mettle Property Group have secured $56 million in construction financing to for the development of a 143-unit building in Long Island City, Queens. "Scale Lending—the financing arm of Slate Property Group—provided the three-year debt in a deal arranged by Newmark Knight Frank’s Jordan Roeschlaub, Dustin Stolly, Daniel Fromm and Josh Egert. Jason Halpern’s JMH Development teamed up with Gerard Longo’s M

On Friday, April 19th, Cactus Holdings announced they had finalized a lease with Stumptown Coffee Roasters for a roasting and distribution facility which will supply various businesses that carry their products, including their own chain of coffee shops located throughout the city. Booth Capital represented Cactus Holdings, the landlord, in this deal, while Stumptown was represented by Good Space NYC. A spokesperson from Cactus Holdings had this to say about the deal: "We are

Article was originally published by www.NewYorkYimby.com Permits have been recently filed for a new nine-story mixed-use residential and commercial building at 4720 Third Avenue in Belmont, The Bronx. Ismael Leyva Architects is the designer of the nearly 190,500-square-foot project. Canas Solutions, Inc. is the filing representative while Cactus Holdings, Inc. is the owner of the 35,606-square-foot site. The project sits on a corner lot and is located south of Fordham Univers

The Castellana Foundation proudly announces its support for Cycle for Survival cancer research fundraiser. The Castellana Foundation's involvement is being led by Anthony Brannan, leading principal of Metro Holdings & Development, the strategic partner of many of Cactus Holdings real estate developments. This is Anthony's 6th year participating in the fundraiser. Cycle for Survival has raised over $41 million so far this year, beating last years number of $39 million. Here's

As a result of the 2017 Tax Cuts and Jobs Act of December 22nd, 2017, there was introduced to the United States a new piece of tax legislation aimed at spurring economic activity and job creation in economically distressed areas. The new legislation allows for investors to bypass capital gains tax by investing in Qualified Opportunity Zones through an investment vehicle known as a Qualified Opportunity Fund. Investments can happen either through Real Estate or bringing a bus

Cactus Holdings in partnership with wholesaler National Food Distributors announces that they have entered into supply agreements with three Food Depot supermarkets, three Extra Supermarkets, and two Western Beef supermarkets which will also be part of licensing agreements. All stores are located in the Tri-state area. The agreement is to entail discounted services, supplies, and financing, in addition to supplying meat, seafood, produce and much more through National Food Di

Article originally published by therealdeal.com The holding company that controls discount supermarket Western Beef is planning to build a 159-unit mixed-use building in the Bronx. Peter Castellana’s Cactus Holdings filed plans with the city’s Department of Buildings for a project at 4720 Third Avenue that will span nearly 191,000 square feet. The company and Michael Ashkenazy bought that site, along with 4734 Third Avenue and 448 East 189th Street, in 2018 for $18 million fr

Western Beef expands self-checkout at Prospect Avenue location in the Bronx

Here's a recap of Cactus Holdings' experience at ICSC's New York Deal Making event at Javits Center in Hell's Kitchen, Manha