Debt & Equity Archives - Page 123 of 148

Paramount leverages $220M loan for PA growth

REW February 4, 2015 February 4, 2015

by REWFebruary 4, 2015February 4, 2015748

HFF announced arranged a $221.8 million financing for a 96 percent occupied portfolio consisting of 30 retail centers, office and medical office properties totaling two million square feet in Pennsylvania and Maryland. HFF exclusively represented Paramount Realty Services in the transaction. The financing was closed with a portfolio lender. The...

Debt & Equity

Community banks warn that excessive regulations inhibit mortgage lending

REW February 4, 2015 February 4, 2015

by REWFebruary 4, 2015February 4, 20151152

Community banks want to lend more to drive economic growth in their communities, and they have the capital to do so. However, a new survey by the Independent Community Bankers of America® (ICBA) found that approximately three-quarters of community bank respondents said new mortgage regulations are keeping them from making...

Debt & Equity

Apartment complex refinanced by R3 Funding

REW February 4, 2015 February 4, 2015

by REWFebruary 4, 2015February 4, 2015682

R3 Funding, a national lender correspondent providing origination and workout services, has arranged a $27.6 million refinancing for the North Ponds apartment complex, a newly constructed, 196-unit multifamily property in Rochester, NY. The deal marks the fifth refinancing arranged by R3 Funding in the Rochester area in the past year,...

Debt & Equity

Jason Au launches brokerage firm

REW February 4, 2015 February 4, 2015

by REWFebruary 4, 2015February 4, 20151188

Jason Au has launched his own commercial mortgage brokerage firm, Au Consultants, Inc. specializing in the financing of commercial real estate throughout the Greater New York City Area. Au has spent the past decade working in the private lending and commercial mortgage brokerage arena. During this time, he also syndicated,...

Debt & Equity Lawsuits

Legal team to tackle toughest tax issues

REW February 4, 2015 February 4, 2015

by REWFebruary 4, 2015February 4, 2015878

Duval & Stachenfeld LLP has launched a Tax Controversy Practice Group. The group will meld the expertise of the firm’s tax, litigation, not-for-profit, real estate and general counseling practices into an integrated practice group that is dedicated to protecting the firm’s clients from adverse results in controversies or other situations...

Debt & Equity

Arbor takes the next step in loan processing

REW February 4, 2015 February 4, 2015

by REWFebruary 4, 2015February 4, 2015815

Arbor Commercial Mortgage has launched a new proprietary online loan processing technology platform, Arbor LoanExpress, providing borrowers and brokers with a new environment in which to process their multifamily loans. Arbor LoanExpress will allow borrowers and brokers to upload, change and manage required loan documents while receiving communication updates and...

Debt & Equity

Investors ‘can do’ approach is a winner

REW February 4, 2015 February 4, 2015

by REWFebruary 4, 2015February 4, 2015687

Investors Bank’s CRE Lending Group closed a flurry of transactions during the final weeks of 2014. By negotiating 17 larger financing transactions and a number of smaller deals at year-end, the CRE Lending Group increased its loan portfolio by more than $400 million. And, by building and expanding its relationships...

Debt & Equity

Finding Individual Liability for Sponsor’s Principals And Sponsor’s Waiver of The Notice Requirement Under The Offering Plan

REW February 4, 2015 February 4, 2015

by REWFebruary 4, 2015February 4, 20151247

By Massimo F. D’Angelo, Adam Leitman Bailey, PC Recently, in The Board of Managers of 266 West 115th Street Condominium v. 266 West 115thStreet, LLC, et al., 2014 NY Slip Op 33047 (Sup. Ct. 2014) – a precedent-setting decision on two separate issues – the New York State Supreme Court held...

Debt & Equity

Carefully Structured Ownership and Operation of a Mixed-Use Project May Offer Enhanced Depreciation Deductions

REW February 4, 2015 February 4, 2015

by REWFebruary 4, 2015February 4, 2015918

By Menachem Rosenberg, CPA, MBA Tax Partner, Margolin, Winer & Evens LLP To sharpen the economic viability of a development project, a developer will often incorporate several components into a building to help offset the high land and construction costs. In particular, residential rental properties are often constructed as mixed-use...

Debt & Equity Green Building

Cohen elected to board of 5 Stone Green

REW January 28, 2015 January 28, 2015

by REWJanuary 28, 2015January 28, 2015915

Ned H. Cohen, founder and president of NHCohen Partners LLC, has been elected to serve on the Board of Advisors of 5 Stone Green Capital, a real estate investment fund focused on sustainability and the use of clean energy. “Ned’s proven skills in building new businesses and understanding the concerns...