Thor backs new real estate securities marketplace
LEX, the first commercial real estate securities marketplace available to retail investors, closed $4 million in seed financing co-led by Greycroft and Thor Equities. On
Category : Banking and Finance
HSP closes on $53M bridge loan for Penn Plaza office building
JLL arranged a $53 million bridge loan for Chelsea Square, a 113,629- s/f boutique office property in the Penn Plaza submarket of Manhattan. JLL worked
Safehold closes on BankNote ground lease as REIT continues push into sector
iStar-backed Safehold Inc. has closed on the $64.5 million purchase of the ground lease for The BankNote Building in The Bronx. The deal is part
$1.4B Labor Day savings plan for Gateway project
Construction of a new rail tunnel beneath the Hudson River and the comprehensive rehabilitation of the existing 108-year-old tunnel will cost approximately $1.4 billion less
TRANSACTIONS: Emerald Creek Capital places $13,200,000 bridge loan in Prospect Lefferts Gardens
Meridian Capital announced the following transactions: • A new mortgage of $9,100,000 was placed by Meridian on a multifamily property totaling 66 units located on Lefferts
First Downpayment Assistance deal closes in the Bronx
Settlement Housing Fund (SHF) has purchased the first property to be sold under the city’s new Downpayment Assistance Fund. 1415-1417 Wythe Place in the Mount
Hunt funds $192M RAD loan for NYCHA buy
Hunt Real Estate Capital, a lender focused on affordable housing, provided over $192 million to finance the purchase and renovation of over 1,300 units of
Greystone provides $115 million for 500 units of senior housing
Greystone, a commercial real estate lending, investment, and advisory company, has provided a total of $115 million in Freddie Mac and Fannie Mae Shariah-compliant financing
Philadelphia luxury loft building gets $27.5 million in re-financing
Cushman & Wakefield served as the exclusive advisor to Ivy Realty and DW Partners in the procurement of $27.5 million in refinancing for a residential
Over 1.5 million single-family homes and condos are vacant, report finds
ATTOM Data Solutions, has released its Q3 2019 Vacant Property and Zombie Foreclosure Report showing there are over 1.5 million (1,530,563) U.S. single-family homes and