Category : Debt & Equity

Meridian Capital Group arranged $100 million in financing to refinance 90 Broad Street, an office building in New York, on behalf of Princeton International Properties. The loan, provided by a balance sheet lender, was negotiated by Executive Vice President Jeff Weinberg, Senior Managing Director, Rael Gervis, and Vice President, Richard...

Meridian arranged $138.6 million in financing for the ground-up construction of a condominium property in New York, on behalf of Anbau. The construction loan includes $96 million of senior financing provided by a balance sheet lender and $42.6 million in mezzanine financing sourced through a Wall Street bank. This transaction...

Holliday Fenoglio Fowler announced that it arranged $400.6 million financing for the Robert Martin Company acquisition of Mack-Cali’s Westchester industrial portfolio. HFF worked on behalf of the borrower, a joint venture partnership managed by Robert Martin Company, to place the floating-rate loan with Bank of America. The 56-building light industrial...

National real estate investor and developer Lightstone announced the closing of $155 million in financing from LoanCore Capital and KSL Capital Partners for Moxy Chelsea, a 349-key Marriott brand hotel on West 28th Street in Chelsea. The hotel opened on February 14, 2019 and is the second of five Lightstone...

Compound Asset Management, a New York City-based real estate asset management company, is partnering with Vanderbilt Appraisal to use artificial intelligence to get ahead in the investment market. “The future of real estate investment belongs to the investors who have better access to data and the ability to interpolate and...

Emerald Creek Capital, a Manhattan-based bridge lender, provided a $10,500,000 bridge loan secured by a mixed-use building in the Olde Kensington neighborhood of Philadelphia, PA. The newly constructed six-story building contains 50 residential units and 5,255 s/f of ground floor commercial space. The unit mix consists of one, two and...

Arbor Realty Trust announced that it funded the following loans: • A $2.8 million bridge loan for Autumn Run Apartments, a 91-unit multifamily property, in Oklahoma City, OK. Austin Walker of Arbor’s New York City office originated the loan. • A Fannie Mae DUS loan in Philadelphia, PA. 1155 South...

Berkadia closed $170 million in financing for the Great Wolf Lodge in Garden Grove, California. Senior Managing Director Andrew Coleman and Director Mauricio Rodriguez of Berkadia’s Hotels & Hospitality Group facilitated the deal on behalf of Colorado-based McWhinney. The loan was closed with Wells Fargo and was structured as a...