Hoboken developer closes on $22M multifamily refi’
JLL Capital Markets arranged $21.65 million in refinancing for The Lexington, a multi-housing community consisting of 50 apartments across two, five-story buildings in Hoboken, NJ. JLL
Category : Debt & Equity
Newmark team closes on $685M refi’ for Sotheby’s in London, NYC
Sotheby’s has refinanced its New York and London offices with $685 million in loans funded by Barclays and Prima Capital Advisors. A team from Newmark’s
Scale lends Simon Baron $38M on unsold units
Scale Lending, an investment affiliate of Slate Property Group, has funded a $38 million inventory loan to Simon Baron Development for 25 unsold units at
Reuben Brothers acquires $132M St Regis mortgage
Reuben Brothers has acquired a $132 million mortgage from Mack Real Estate for the senior loan behind the St. Regis Bal Harbour. Adam Spies, Jared
Silverstein pushes into Philly’s life science sector
Silverstein Properties is partnering with Cantor Fitzgerald and a local operator to push into the Philadelphia life science sector. The New York-based developer announced the
Private developers secure $271M loan to fix public housing
A private development group has secured $271 million in funding to make repairs to 1,718 public housing units. The New York City Housing Authority announced
Bronx owner bags $186M green loan to fund portfolio energy improvements
Black Bear Capital Partners (BBCP) has arranged $186.4 million in permanent financing on behalf of Finkelstein Timberger East Real Estate (FTERE) for the refinance of sixteen multi-family properties in the
City launches $37M loan program for COVID-ravaged small businesses
Mayor Bill de Blasio and NYC Department of Small Business Services (SBS) Commissioner Jonnel Doris announced three financial assistance programs available for small businesses in
Why investors are snapping up net leased drug stores
The Boulder Group announced the release of its Net Lease Drug Store Report today. In the third quarter, national asking cap rates in the single
Greystone funds $10M loan for upstate nursing home
Greystone has provided a $10.4 million bridge loan to refinance a 120-bed skilled nursing facility in Boonville, New York. The transaction was originated by Fred