Columbia Pacific makes first loan from new COVID-recovery fund
Columbia Pacific Advisors has launched the Columbia Pacific Recovery Fund to provide capital to real estate owners and developers affected by COVID-19, company executives announced. The
Category : Debt & Equity
Partners pick up $59M construction loan for Harlem development
Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to affiliates of Certes Partners, the Hakimian Organization and
SCALE funds $55M construction loan for LIC condo
SCALE Lending announced that it has closed on a $55 million construction loan to complete the development of The Nova in Long Island City. Being
Savanna closes on $264M construction loan for 141 Willoughby
Savanna has completed the construction financing of the 141 Willoughby Street development project in downtown Brooklyn, the firm announced. Savanna secured $264 million of debt
Knighthead loans $57M on mall-to-life-science-office conversion
Greenwich, CT-based private real estate finance company Knighthead Funding has provided repeat borrower Equator Capital Management with $57.25 million in short-term, first-mortgage debt to fund
Parkview provides $30M construction loan for LES apartment building
Parkview Financial announced has provided a $30 million construction loan to 63 Pitt Street, LLC for the construction of a 12-story, 59-unit, 40,773 s/f apartment
JLL arranges $48M construction loan for luxury NJ development
JLL Capital Markets has arranged a $48 million construction loan for the development of Phase III of Riverwalk, a luxury residential community in Elmwood Park,
Partners secure $71M to acquire, preserve affordable Westchester rental
LIHC Investment Group and Silver Street Development Corporation have acquired a 134-unit low income housing development in Tuckahoe, NY, for $54.5 million The joint venture
Muss refinances Flushing Plaza with $52M BoA loan
Cushman & Wakefield served as the exclusive advisor to affiliates of Muss Development, LLC in arranging $52 million for the refinancing of Flushing Plaza in
Merchants Capital closes on first ‘risk share’ loan
The New York office of mortgage banking company Merchants Capital has closed on a a $18.2 million Housing Development Corporation (HDC) Fannie Mae Risk Share loan for Mannie