JLL arranges $60M refi’ for Jersey apartment tower
JLL Capital Markets announced today it has arranged a $60 million refinancing for Excelsior II, an 18-story multi-housing tower located in Hackensack, New Jersey. Located at
Category : Debt & Equity
Innovo lands $155M construction loan for latest last-mile development
Innovo Property Group has closed on a $155 million construction loan for 23-30 Borden Avenue in Long Island City. The loan, provided by an affiliate
Extell secures $146M inventory loan on luxury NYC condo
Gary Barnett’s Extell Development has secured a $146 million inventory loan on its 30-story condo The Kent. The loan comes days after the luxury apartment
Developers close on $34M cold storage construction loan
JLL Capital Markets arranged a $34 million construction loan for the development of a new, 140,000 s/f cold storage facility within the Port Industrial Submarket on
Northwind funds $56M inventory loan for luxury Central Park condo
Lantern Real Estate has arranged a $56 million condo inventory loan for 145 CPN, a luxury condominium property at the top of Central Park North in
Natixis funds $70M industrial refi’ for Camber industrial portfolio
Cushman & Wakefield served as the exclusive advisor to Camber Real Estate Partners in the procurement of $69,500,000 for the financing of the Crossings Industrial
Parkview funds $61M loan for Gold Coast development
Parkview Financial has provided a $61 million loan to Chinese developer Hongkun USA to fund the predevelopment and entitlement process for a luxury, mixed-use project
Owners $1.3B behind on property tax payments
City Comptroller Scott Stringer today reported that, as of February, $1.3 billion in real estate tax payments were overdue – equal to 4.5% of the
JV secures $12.6M construction loan for NJ distribution facility
JLL Capital Markets has arranged $12.66 million in construction financing for the development of 130 Commerce Center, a Class A, 171,000 s/f, state-of-the-art industrial warehouse
Developer bags $35M to turn Flatiron lot into self-storage
JLL Capital Markets has arranged $35.1 million in financing for the redevelopment of 41-47 E 21st Street, a parking facility in the Flatiron District, into