$24M for Samaritans
Manatus Development Group has secured $24 million from TD Bank to finance construction of a mixed-use office building at 362 East 148th Street that will
Category : Banking and Finance
Karp collects $34M to close out previous debt
Greystone provided a $34,500,000 bridge loan to refinance Lenox Apartments, a 55-unit mixed-use property in Brooklyn, New York. The transaction was originated by Anthony Cristi,
Staybridge Suites development gets MRC support
Marcus & Millichap Capital Corp. arranged $46 million in construction financing for a Staybridge Suites located at 38-61 11th Street in Long Island City, Queens.
Greystar closes largest ever multifamily value add fund at $2B
Greystar Real Estate Partners, a global investor, developer and manager of rental housing, announced on behalf of its affiliates, the final close of Greystar Equity
Hoboken to collect $12M flood money
Five Hoboken public housing complexes damaged in Superstorm Sandy will receive $12.8 million in financing from the New Jersey Housing and Mortgage Finance Agency (NJHMFA)
Freddie protects $69B in mortgages
Freddie Mac’s Single-Family business announced that its Credit Risk Transfer (CRT) program transferred approximately $2.5 billion of credit risk on $69 billion of single-family mortgages
Comptroller reports New Yorkʼs economy is strong as ever
New York City’s economy grew three percent last year, outperforming US GDP growth for the seventh consecutive year. While the measure of real gross city
TRANSACTIONS: GCP places mortgages in the aggregate amount of $32,650,000
Emerald Creek Capital announced the following transactions: • An $8,000,000 bridge loan in the city of Miramar, FL in Broward County. The loan is secured by
Mortgage Bankers predict purchase originations will rise to $1.29T
The Mortgage Bankers Association (MBA) announced at its 2019 Annual Convention and Expo in Austin, Texas, that purchase originations are expected to increase 1.6 percent
Is our hot economy about to boil over?
By Jonathan Lewis, Founder, JLJ Capital Everywhere you look there are people talking about recession. Such talk isn’t surprising since the current economic expansion, at