Category : Debt & Equity

Investors still in love with proptech
Deals & DealmakersDebt & Equity

Investors still in love with proptech

REW
by REW3751
Interest from venture capital (VC) in the proptech sector has been going strong and there’s no sign that this will change, KBW analysts have found. In fact, in a recent report issued by KBW, analysts stated that VC investment totaled $4.2 billion in 3Q (averaging multiple sources), with a 42...
Debt & Equity

$50M fund targets North East apartment assets

REW
by REW1394
OneWall Partners, an owner and manager of transit-oriented workforce housing, has announced the launch of Nova Appian Preferred Income Fund I, a $50 million preferred equity fund (the “Fund”) that will target transit-oriented workforce housing in the northeast United States. The Fund is open to accredited investors seeking to invest...
TRANSACTIONS: GCP Capital Group places $43,520,000 of mortgage financing
Deals & DealmakersDebt & Equity

TRANSACTIONS: GCP Capital Group places $43,520,000 of mortgage financing

REW
by REW2570
GCP Capital Group has arranged mortgage financing in the aggregate amount of $43,520,000 for the following properties: • $18,470,000 combined financing for a portfolio of five residential apartment buildings containing a total of 133 units, located throughout Nassau County, New York. Matthew Albano, managing director of GCP, arranged the financing for these transactions....
$24M for Samaritans
Banking and FinanceDebt & EquityFinanceFunds and Finance

$24M for Samaritans

REW
by REW2770
Manatus Development Group has secured $24 million from TD Bank to finance construction of a mixed-use office building at 362 East 148th Street that will be the new flagship location of non-profit, Samaritan Daytop Village. The two-year loan includes a six month extension option and carries a rate of 4.5...
Karp collects $34M to close out previous debt
Banking and FinanceDebt & EquityFinanceFunds and Finance

Karp collects $34M to close out previous debt

REW
by REW2630
Greystone provided a $34,500,000 bridge loan to refinance Lenox Apartments, a 55-unit mixed-use property in Brooklyn, New York. The transaction was originated by Anthony Cristi, managing director & Hope Curtis, Originator in Greystone’s New York office, with Steven Vegh of Westwood Realty Associates acting as correspondent on behalf of the...
Debt & Equity

Green financing deal

REW
by REW1446
Arbor Realty Trust funded a Fannie Mae DUS Green Rewards loan in California. The property received $39.3 million in funding through a 15-year loan with full term interest only from the program. Alexander Kaushansky of Arbor’s New York City office originated the loan. “Our client’s goal was to acquire a...