Category : Debt & Equity

Meridian Capital announced the following transactions: • A new mortgage of $6,100,000 was placed on a four-story, 16-unit multifamily property located on Hudson Street in New York, NY. The loan features a rate of 3.00% and a five-year term. This transaction was negotiated by Carol Shelby and Dani Sabesan. •...

Meridian Capital announced the following transactions: A new mortgage of $2,750,000 was placed on a two three-story multifamily properties totaling 32 units located on Rutgers Street in Belleville, NJ. The loan features a rate of 3.13% and a five-year term. This transaction was negotiated by Elliott Y. Birnbaum. A new...

Love Funding announced the closing of a $9.1 million loan for the refinancing of JASA’s Scheuer House of Coney Island. Scheuer House is an affordable senior housing property in Brooklyn, New York. Laura Saull-Smith, senior director, secured the loan through the U.S. Department of Housing and Urban Development’s 223(f) program....

Meridian Capital announced the following transactions: • New mortgages totaling $6,440,000 were placed on two multifamily properties composed of 38 units on Metropolitan and Driggs Avenues in Brooklyn, NY. The loans feature rates of 2.90% and five-year terms. These transactions were negotiated by Judah Hammer and Michael Ryback. • A...

Development and investment company, LCOR, has closed on a $100.325 million construction loan from Wells Fargo for the development of The Altaire in Crystal City, Virginia. LCOR plans to turn the 1.77 acre property into a transit-oriented development. Construction will get underway this month and the project is slated for...

Mission Capital Advisors Debt & Equity Finance Group has recieved a $24.5 million loan for Nine West Broad Street, a 191,000 s/f office property located in Stamford, Connecticut. Jordan Ray, Ari Hirt, Steven Buchwald and Lexington Henn represented the sponsor, a joint venture between certain funds managed by Westport Capital Partners...