MRC funds $102M Florida loan as state looks to reopen
Invesca will use cash to finishing one multifamily development, start a second as Sunshine State looks to lift COVID restrictions
Category : Debt & Equity
Valyrian secures $26M Astoria multifamily refi’
Cushman & Wakefield announced that the real estate services firm served as the exclusive adviser to 34-22 Astoria Partners LLC, led by Theodore Kakoyiannis of Valyrian Capital, in the procurement of $26,500,000 for the refinancing of DVI Astoria, a 65,000 s/ft multifamily asset located at 34-22 35th Street in Astoria....
Rockrose closes on $350M refinance of LIC tower
Wells Fargo funds loan on recently completed 55-story tower
TRANSACTIONS: Middle market loans continue to close
W Financial funds $11 million bridge loan; GCP arranges $10 million for Upper Manhattan apartment portfolio; and more of this weeks middle market loans
HKS brokers $24M construction loan
M&T Bank funds loan to BRT and DiMarco Group for new apartment development on site of former Hearst office building in Connecticut.
SKW closes $30M deal for condo debtor
Financing will support acquisition of an existing loan and related bankruptcy court approved "debtor in possession" (DIP) loan.
Meridian remotely closes $43M Bronx loan
10-year Fannie Mae loan was provided by Capital One Multifamily Finance
TRANSACTIONS: Middle market loans still closing
City Urban Realty funds $7 million loan on mixed-used Brooklyn portfolio amid COVID-19 disruption
LIHC refinances Little Italy property with $74M FHA loan
Rockport Mortgage funds loan that will keep apartments affordable thru 2043
JLL arranges $41M financing for NJ apartment acquisition
Golden Glades Capital Management purchased the property for $53 million.