Category : Debt & Equity

JLL Capital Markets experts have arranged a $75 million loan on behalf of the Moinian Group to refinance 450-460 Park Avenue South. The group worked on behalf of Moinian Group to place the 10-year Commercial Mortgage Backed Securities refinancing loan with Wells Fargo. Aaron Appel, Vice Chairman; Kellogg Gaines, Managing...

Greystone provided a $24 million Fannie Mae loan to refinance an assisted living facility in New Jersey. The transaction was originated by DJ Elefant in Greystone’s New York office, on behalf of Sage Healthcare Partners. Neal Raburn and team out of Greystone’s Atlanta office provided support in structuring, underwriting and...

Zeev Douek of Houlihan Parnes arranged a $15 million acquisition loan for the purchase of an 18,000 s/f commercial condominium unit in 420 Fifth Avenue. The loan was placed with a NY-based bank at 80 percent of the purchase price with a 10-year fixed rate fixed at a spread of...

Greystone provided a $24 million Fannie Mae loan to refinance an assisted living facility in New Jersey. The transaction was originated by DJ Elefant in Greystone’s New York office, on behalf of Sage Healthcare Partners. Neal Raburn and team out of Greystone’s Atlanta office provided support in structuring, underwriting and...

Stellar Management announced that it has completed a refinancing of Court Plaza, a recently renovated rental residential building located at 123-33 83rd Avenue in the Kew Gardens neighborhood of Queens. Court Plaza is the tallest apartment complex in Kew Gardens. The $34 million loan package was financed by Signature Bank...

Pembrook Capital Management announced the closing of a $10,514,597 preferred equity investment for the construction and development of a multifamily project located at 6617 Simmons Loop in Riverview, FL, within the growing Southshore area of Tampa. With the financing in place, the sponsor, 2nd Wave Development, plans to construct a...

New York Life Real Estate Investors, on behalf of New York Life Insurance Company, announced the financing of a $55 million second mortgage loan secured by West End Towers, a 1,000 unit Class A apartment community on the Upper West Side. The apartment project is owned by an affiliate of...

Madison Realty Capital (MRC) and Bluestone Group have provided a $32 million mortgage and mezzanine financing to recapitalize 271 Lenox Road, a mixed-use rental property built by New York City-based real estate development firm Hello Living. MRC provided a $28 million first mortgage and arranged a $4 million mezzanine loan...