Category : Debt & Equity

Greystone closes $37M permanent loan for market rate Queens rental
Deals & DealmakersDebt & Equity

Greystone closes $37M permanent loan for market rate Queens rental

REW
by REW1970
Greystone announced the closing of a $37,050,000 permanent loan made to an affiliate of the Shirian Family’s Lions Group to refinance 14-01 Broadway, a new 82-unit 100 percent market-rate multifamily rental apartment building located in Astoria, NY. The 10-year fixed-rate Fannie Mae loan replaces a Bank Leumi construction facility. Family-owned...
Debt markets eager for slice of Rockpoint, CLK refinancing
Banking and FinanceDeals & DealmakersDebt & Equity

Debt markets eager for slice of Rockpoint, CLK refinancing

REW
by REW2507
Cushman & Wakefield announced that the firm served as the exclusive advisor to Rockpoint Group & CLK Properties in the procurement of $125 million for the refinancing of 1981 and 1983 Marcus Avenue, a 683,797 s/f two-building office complex located in Lake Success, New York. The refinancing was provided by...
Shvo bags $190M for Beverly Hills build
Deals & DealmakersDebt & Equity

Shvo bags $190M for Beverly Hills build

REW
by REW2926
The joint venture led by SHVO, Bilgili Group, and Deutsche Finance that owns 9200 Wilshire Boulevard in Beverly Hills has closed on a $190 million construction loan to break ground on the project. The group purchased the residential and retail development site in May for $130 million. The loan was...
Deals & DealmakersDebt & Equity

EB-5 fund directs another $30M to One Willoughby

REW
by REW1680
CanAm Enterprises has closed an additional $30 million of EB-5 capital for the ongoing construction of the One Willoughby Square office tower in Downtown Brooklyn. CanAm previously funded $60 million of EB-5 capital during Phase One of the project. Following additional job creation projections related to the strong leasing activities...
Deals & DealmakersDebt & Equity

JV shakes off bankruptcy with $154M to finish luxury hotel

REW
by REW2184
The partnership behind a planned luxury hotel at 456 Greenwich Street in Tribeca has emerged from bankruptcy with a plan to kick start the project. CBCS Washington Street LP (CBCS) announced it has secured $135 million in new debt and equity financing from Korea’s Hana Financial Investment to finish the...
RXR secures $97M from Bank OZK for Atlantic Station
Debt & Equity

RXR secures $97M from Bank OZK for Atlantic Station

REW
by REW2043
RXR Realty has secured $97.5 million through Bank OZK to fund construction of the second phase of it Atlantic Station development in Stamford, CT. JLL arranged the floating rate construction loan for the luxury mixed-use residential and retail property’s next phase. Already 325 luxury rental units along with 321 on-site,...