Category : Debt & Equity

Hunt partners with Fannie Mae on $120M fix for ex-NYCHA homes
Debt & Equity

Hunt partners with Fannie Mae on $120M fix for ex-NYCHA homes

REW
by REW4006
Hunt Real Estate Capital provided financing to facilitate the acquisition and rehabilitation of a multifamily portfolio located in New York City. The total transaction was $120.6 million. The Betances New York City Housing Authority (NYCHA) RAD portfolio consists of 39 scattered site multifamily properties and one community center building located...
NJ warehouse gets $17M in financing
Debt & Equity

NJ warehouse gets $17M in financing

REW
by REW2570
G.S. Wilcox & Co. has completed $17.6 million in financing for a warehouse building in Middlesex County, New Jersey. The financing was secured by Gretchen Wilcox, president, and Albert Raymond, principal, with a 15 year term and 20 year amortization at a competitive rate. The deal was financed for a...
Deals & DealmakersDebt & Equity

Eastern Union advises shopping center owner on hunt for assets

REW
by REW2304
Marc Tropp, senior managing director of Eastern Union’s Bethesda, Md., office, is braced for a busy year with a national client seeking additional retail acquisition opportunities. To date, Tropp has arranged financing in excess of $250 million — for purchases and refinancings — as exclusive mortgage advisor to America’s Realty...
Five essential facilities budgeting considerations for 2019
Debt & EquityViews

Five essential facilities budgeting considerations for 2019

REW
by REW3185
By Bob Geiger, principal, Partner Engineering As 2018 comes to an end, many property owners and facility managers will turn their focus to planning for the year ahead. Day-to-day operations of any building have many moving parts that require reactionary management. However, the best line of defense and NOI optimization...
Debt & Equity

CPC closes on $100M New York portfolio loan

REW
by REW2618
The Community Preservation Corporation (CPC) announced the closing of a $100 million portfolio under the Freddie Mac Small Balance Loan (SBL) product.
Berkadia arranges $45M Citigroup loan for industrial portfolio
Debt & Equity

Berkadia arranges $45M Citigroup loan for industrial portfolio

REW
by REW3720
Berkadia $45 million financing for Powers Industrial Portfolio, an industrial property in Danbury, Connecticut. Managing director Yuri Kletsman, of the New York office, secured the permanent refinancing through Citigroup on behalf of Delaware Commerce Park, LLC. The 10-year loan features a 6.40 percent fixed interest rate blended between a senior...
Debt & Equity

CBRE secures loan for last-mile space

REW
by REW2611
CBRE has secured a $19.5 million loan for a soon-to-be-completed, 305,598 s/f warehouse/industrial facility at 2270 Route 130 in South Brunswick, New Jersey. Through a competitive marketing campaign, CBRE arranged the loan on behalf of 2270 Route 130 LLC. James Gunning, Donna Falzarano and Kyle Saviano of CBRE’s Debt &...