Philadelphia’s 1500 Market office complex gets $388M refi
On behalf of a joint venture between Nightingale Properties and Wafra Capital Partners, Newmark Knight Frank and Walker & Dunlop have arranged $388 million in
Category : Debt & Equity
Mondrian Park Ave. Hotel gets $135M in refinancing
Jonathan Aghravi of JBA Equities and his team have secured a $135 million financing package for the Mondrian Park Avenue hotel located at 444 Park
Nearly $78M loan will fund NJ apt./office development
JLL has secured capital totaling $77.75 million for the development of Vinty, a mixed-use project with 267 residential units and 37,000 s/f of ground-floor retail
Broadstone trims fat with management merger
Broadstone Net Lease, the Rochester, NY-based public non-listed REIT, is bringing its management functions in-house. The company announced it has entered into an agreement providing
Hunger for yield driving big gains in net lease sector
U.S. net-lease investment in 2019 is on pace to surpass last year’s record level, with an increasing number of domestic and foreign investors attracted to
CHC bags hotel refiʼ
CHC Capital has arranged $22,000,000 for the refinance of the Embassy Suites in Richmond, VA for Shamin Hotels. The loan was placed with a national
Hard work paying off for office developer
Newmark Knight Frank has arranged a $30.5 million fixed-rate loan to a portfolio of two newly repositioned, Class A office buildings totaling over 65,000 s/f.
ʻNecessity retailʼ getting run for its money
JLL arranged a $32 million refinancing for Veterans Square Town Center, a fully leased, 136,928 s/f, grocery-anchored retail center in the Northern New Jersey community
Cash line for repositioning
Jonathan Aghravi of JBA Equities placed a $38.5 million condo inventory loan for 475 Washington Avenue, a 60-unit, six-story building in Clinton Hill, Brooklyn. The
New York rent laws driving multifamily interest to Jersey
Arbor Realty Trust, a multifamily and commercial mortgage lender, recently funded a portfolio of Freddie Mac SBL loans throughout Northern New Jersey. The five properties,