Meridian to fundraise for $3.5B Fordham development
The developer behind the $3.5 billion Fordham Landing project in the Bronx has tapped Meridian Capital to raise equity and debt for the project. Dynamic
Category : Debt & Equity
Apple creates $2.5B housing fund
Apple has unveiled a $2.5 billion plan to help ease Californiaʼs affordable housing crisis The tech conglomerate headquartered in Cupertino, CA, plans to pump the
Innovo recaps LIC property with $438M financing
Innovo Property Group (IPG), a New York City-based investment and operating company founded by Andrew Chung and backed by Nan Fung Group, has closed on a
Shorenstein closes on $350M loan for 1407 Broadway
JLL Capital Markets arranged a $350 million loan to finance the leasehold position of 1407 Broadway, a 43-story, 1.1 million-square-foot office building. The group worked
TRANSACTIONS: GCP places mortgages in the aggregate amount of $32,650,000
Emerald Creek Capital announced the following transactions: • An $8,000,000 bridge loan in the city of Miramar, FL in Broward County. The loan is secured by
JPMorgan, Goldman Sachs fund $215M Essex Crossing loan
Delancey Street Associates (DSA), a joint venture of L+M Development Partners, BFC Partners, Taconic Investment Partners, the Prusik Group and the Goldman Sachs Urban Investment
Cronheim arranges $34M CT apartment development
Cronheim Mortgage has arranged $34.4 million in financing for Buildings 1-5 at Canal Crossing at Whitneyville West, a seven-building, 393-unit multifamily community when complete, situated
Racanelli secures $60 million to finish Glen Harbor homes
ACRES Capital Corp. funded a $59.6 million loan to complete the construction of Racanelli Construction’s The Residences at Glen Harbor, a 48-unit condominium located on
Bronx multifamily owner refinances with $70M loan
Sabal Capital Partners, LLC has announced the close of a $70 million portfolio encompassing the refinance of 17 multifamily assets located in the Bronx. The
C&W team arranges $450M construction loan for WestBank
Cushman & Wakefield served as the exclusive advisor to Westbank in the procurement of $450 million in construction financing for the development of First Light, a