Category : Debt & Equity

Debt & Equity

Transactions: Meridian Capital’s $8.25M in new mortgages, GCP Capital arranged $81.7M in mortgage financing

REW
by REW1059
Meridian Capital announced the following transactions: New mortgages totaling $8,250,000 were placed on four multifamily properties composed of 194 units located on Gerard, Hoe and Vyse Avenues in the Bronx, NY. The loans feature fixed-rates of 2.88% and five-year terms. These transactions were negotiated by Scott Assouline and Jacob Nefoussi....
RealtyMogul hits $150 million in real estate transactions
Debt & Equity

RealtyMogul hits $150 million in real estate transactions

REW
by REW1145
RealtyMogul.com, the online marketplace for real estate investing, announced it has surpassed $150 million of investments in real estate transactions through its proprietary capital markets platform from accredited and institutional investors. The company’s investors have invested in more than 265 properties, valued at over $600 million. Jilliene Helman, CEO of RealtyMogul,...
Debt & Equity

HFF arranges $24M for cold storage development

REW
by REW1288
Holliday Fenoglio Fowler has arranged $23.8 million in construction financing for a 138,642 s/f, state-of-the-art freezer warehouse in Elizabeth, New Jersey. HFF worked on behalf of the developer, a partnership between Elberon Development Group and The Avidan Group, LLC, to place the construction/perm loan with The Provident Bank.  The build-to-suit...
Investors Bank antes up $28M nursing center loan
Debt & Equity

Investors Bank antes up $28M nursing center loan

REW
by REW1044
Eastern Union Funding inked a $27 million deal between a regional lender and the owners of a building occupied by the New York Center for Rehab and Nursing, located at 26-13 21st Street in Astoria. Eastern Union’s Jonathan Singer and Abraham Bergman, Senior Managing Director and Managing Partner, respectively, led...
Expanding multifamily buyer closes on $157M acquisition loan
Debt & Equity

Expanding multifamily buyer closes on $157M acquisition loan

REW
by REW1300
CBRE Capital Markets’ Debt & Structured Finance team has arranged $156.83 million in financing for the acquisition of a six-property, 1,413-unit multifamily portfolio located in Washington and Oregon. Brian Eisendrath and Cameron Chalfant of CBRE’s Beverly Hills office arranged the financing on behalf of Los Angeles-based TruAmerica Multifamily. CBRE secured...
Donato Group secures $24M to refinance office/flex complex
Debt & Equity

Donato Group secures $24M to refinance office/flex complex

REW
by REW1111
Holliday Fenoglio Fowler, L.P. (HFF) arranged a $23.7 million refinancing for 1800 Route 34, a 189,836 s/f, four-building office/flex complex in Wall Township, New Jersey. HFF worked on behalf of the borrower, The Donato Group, to secure the 10-year, fixed-rate loan through CIBC World Markets. 1800 Route 34 is situated...
Debt & Equity

Equity REITs outperform broader market

REW
by REW1440
U.S. Equity REITs outperformed the broader equity market in September, the third quarter of 2015, and the first nine months of the year, the National Association of Real Estate Investment Trusts (NAREIT) reported. September was the third straight month in which Equity REITs outperformed other equities. The FTSE NAREIT All...
Debt & Equity

Transactions: Meridian’s $5M mortgage for Central Park North property, GCP Capital’s $25.7M in mortgage financing

REW
by REW1092
Meridian Capital announced the following transactions: A new mortgage of $5,000,000 was placed on a five-story, 25-unit multifamily property located on Central Park North in New York, NY. The loan features a rate of 2.63% and a three-year term. This transaction was negotiated by Allan Lieberman and Asher Haft. A...
Debt & Equity

Arbor funds $101M in multifamily loans across the US

REW
by REW1296
Arbor Commercial Mortgage, announced the recent funding of 21 loans totaling $100,946,800 across the US under the Fannie Mae Delegated Underwriting & Servicing (DUS®) Loan, Fannie Mae DUS Multifamily Affordable Housing, Fannie Mae DUS Small Loan, Fannie Mae DUS ARM, Fannie Mae DUS Student Housing Loan, Freddie Mac Loan, Freddie...
Debt & Equity

Cushman & Wakefield advises on $23M loan for Stamford property

REW
by REW1488
Cushman & Wakefield served as the exclusive advisor to a joint venture between Gottesman Real Estate Partners, ClearRock Properties and Mountain Development Corporation in arranging a $23 million senior mortgage loan for the acquisition of 700 & 850 Canal Street in Stamford, Conn. The 11-year financing was provided by Guggenheim...