Category : Debt & Equity

Meridian Capital announced the following transactions: A new mortgage of $1,080,000 was placed by Meridian on a three-story, six-unit multifamily property located on Diamond Street in Brooklyn, NY. The loan features a rate of 2.88% and a three-year term. This transaction was negotiated by Morris Diamant and Mendy Spielman. New...

Holliday Fenoglio Fowler, L.P. (HFF) secured acquisition financing for The Brownstones at Englewood South, a 350-unit, Class A multi-housing community in Englewood, New Jersey. Working on behalf of the borrower, HFF placed the seven-year, fixed-rate acquisition loan with Guardian Life Insurance Company of America. The Brownstones at Englewood South is...

Holliday Fenoglio Fowler, L.P. has secured an $89 million refinancing for 401 West 14th Street, a mixed-use retail and office building anchored by Apple Inc. and located  at the entry to the Meatpacking District. HFF worked on behalf of the sponsor, Taconic Investment Partners LLC, to place the 15-year, interest-only, fixed-rate...

The influential Real Estate Roundtable has produced a white paper partnership audit reform that it believes might save the real estate industry from financial carnage. “The partnership audit provisions are extremely complex, and amending them is no easy task. Last summer we felt that the approach under consideration would have...

Greystone, a real estate lending, investment and advisory company, has originated over $500,000,000 in volume under Freddie Mac’s Small Balance Loan offering. The first approved Freddie Mac SBL lender to reach this milestone, Greystone has provided over 180 Freddie Mac SBL mortgages, generally ranging from $1 million to $5 million,...

Pembrook Capital Management LLC (Pembrook)announced the closing of a $32 million first mortgage loan to The Shrine Collection, LLC to acquire and renovate a student housing complex in Los Angeles near the University of Southern California (USC) campus. The complex, known as The Shrine Collection, is comprised of 11 one...