Category : Banking and Finance

Advalurem Group and Pembroke IV have closed a first mortgage loan with Tremont Mortgage Trust. The $14.9 million loan includes $900,000 of proceeds for capital improvements and leasing costs at 1000 Floral Vale, a Class-A LEED Gold certified four-story office building totaling 87,155 s/f built in 2009. The loan has...

Uber Capital Group has sourced $29.5 million in acquisition financing for a four-property, 900,000 s/f retail portfolio in Ohio, Illinois, New Hampshire, and Georgia Led by president and founder Joel J. Gorjian, the company worked on behalf of a private national commercial real estate investment group based in New York...

MLK Real Estate Capital (arranged bridge financing on behalf of a Kentucky-based developer for the adaptive reuse of a vacant 250,000 s/f office property in downtown Louisville. The financing opportunity was originated by managing principals Solomon Kinraich and Ryan Goldstein, who also led the execution of the transaction. “We were...

Cushman & Wakefield served as the exclusive advisor to ZG Capital Partners in the procurement of $44.8 million in acquisition financing for the Bruckner Building in the South Bronx. The financing was provided by Ladder Capital. ZG Capital, a partnership between Bobby Zar and James Tamborlane, officially purchased the Bruckner...

Houlihan-Parnes Realtors and GHP Office Realty secured a $35 million mortgage on two Westchester office properties. Bryan Houlihan, Christie Houlihan and Rachel Greenspan arranged the placement of the mortgage on the two Class-A buildings located at 555-565 Taxter Road, Elmsford, New York. The complex contains a total of 371,224 rentable...