Debt & EquityFeatured IRS extends deadline for 1031s, OZ investments Linda O'Flanagan April 10, 2020 April 10, 2020 by Linda O'FlanaganApril 10, 2020April 10, 20206794 Brokers welcome good "first step" but say mre help likley needed
Banking and FinanceDebt & EquityFeatured Industry looks to IRS for relief on 1031s Linda O'Flanagan April 7, 2020 April 7, 2020 by Linda O'FlanaganApril 7, 2020April 7, 20205203 With markets closed by COVID-19, investors can't find like-kind properties within deadline and risk forfeiting tax deferment
Debt & EquityFeatured IPG, Square Mile secure $305M loan for logistics facility REW April 2, 2020 April 2, 2020 by REWApril 2, 2020April 2, 20205513 Consctruction finance secured for one million square foot, last-mile logistics center situated on 20 acres in the Bronx.
Debt & Equity CIT, BlackRock fund $163M loan for Arden industrial acquisition REW April 2, 2020 April 2, 2020 by REWApril 2, 2020April 2, 20203806 Arden Group is acquiring a portfolio of assets from Avistone
Debt & Equity BBCP arranges $64M to refinance Bronx apartment portfolio REW April 2, 2020 April 2, 2020 by REWApril 2, 2020April 2, 20204519 New loans follow several refinancing packages totaling nearly $300 million that BBCP arranged on behalf FTERE throughout the Bronx.
Debt & Equity Metropolitan renews Sect. 8 contract with $38M FHA refi’ on Brooklyn properties REW April 2, 2020 April 2, 2020 by REWApril 2, 2020April 2, 20205044 Rockport Mortgage Corporation closes FHA refinancing for Union Street Houses in Brooklyn
Debt & Equity TRANSACTIONS: Eastern Union Funding arranges healthcare loan REW April 2, 2020 April 2, 2020 by REWApril 2, 2020April 2, 20206623 Roundup of this week middle market loan deals
Debt & Equity UBS funds $29M loan to refinance Walmart-anchored shopping center REW April 2, 2020 April 2, 2020 by REWApril 2, 2020April 2, 20205921 Newmark Knight Frank arranges $29 million fixed-rate loan for the refinancing of the Naugatuck Shopping Center in Waterbury, Connecticut.
Debt & Equity Denholtz secures financing to finish luxury apartment development REW April 1, 2020 April 1, 2020 by REWApril 1, 2020April 1, 20202561 JLL Capital Markets arranges $17.5 million for the development of The Rail @ Red Bank
Debt & Equity Paramount bags loan for Hartford shopping center REW April 1, 2020 April 1, 2020 by REWApril 1, 2020April 1, 20201848 ABS Altman Warwick arranges $15M permanent loan secured by the 309,800 s/f Walmart-anchored shopping center located in Hartford, CT.