From left: Tamir Shemesh of Corcoran Group, the first-place team and Bob Knakal of Massey Knakal Realty Services

From the August issue: The Real Deal and guests hit the links last month for the magazine’s first annual Invitational Golf Tournament. Some 31 industry professionals donned their plaid pants and headed to Hampton Hills Country Club in Westhampton Beach to try their luck in the scramble-style tournament. Other guests stopped by for lunch on the patio and post-golf cocktails. The winning team included Harry Zapiti and John Bennardo of Manhattan-based Legacy Builders, who partnered with ERG Property Advisors’ Michael Guarino Jr. and Jason Au of JG Capital. The team was awarded a trophy, and each team member received a $75 gift certificate to the Hampton Hills pro shop. Other guests included Bob Knakal of Massey Knakal Realty Services; Georgia Malone of Georgia Malone & Company, Michael Duckfield of Israel Berger & Associates; A.C. Lawrence & Company co-founders Anthony DeGrotta and Larry Friedman, and chairman Marc Lewis. Click here for pictures from the event. [more]

Two mortgage notes worth about $150 million were just sold on the Addison, a newly constructed 271-unit rental at 230 Livingston Street in Downtown Brooklyn, the Post reported. The notes were sold at an unknown discount to Chicago-based Waterton Associates. The developer of the property, also known as 221 Schermerhorn Street, is Charles Herzka of North End Equities, who is completing the interiors of the building and will retain management of the property. Waterton, which owns and manages rentals around the country, acquired the senior mortgage from iStar Tara and the mezzanine loan from Capital Mezz, an affiliate of Archstone Smith. [more]

From the September Issue: In the West 20s, the name “F.M. Ring Associates” is emblazoned on the
sides of numerous buildings. The fading mural-like advertisements look
like relics from a bygone era. Brokers say much of Ring’s valuable
portfolio, most of which is in the prime neighborhoods of Gramercy,
Chelsea and Flatiron, sits strangely empty. This month, The Real Deal looks at the mystery of the Ring family and profiles a host of big under-the-radar players in New York. more