Debt & Equity Berkadia arranges $26M refi’ on NJ senior property REW September 29, 2021 September 29, 2021 by REWSeptember 29, 2021September 29, 20213581 Low interest rates and provide ownership group with equity to buy-out passive investor.
Debt & EquityFeatured SCALE funds $40M Clinton Hill construction loan REW September 28, 2021 September 28, 2021 by REWSeptember 28, 2021September 28, 20212118 KD Sagamore & Ranger Properties are building a 113-unit property at 982-988 Fulton Street
Debt & EquityFeatured Bruman secures $66M loan to build 165-unit Astoria apartment tower REW September 23, 2021 September 23, 2021 by REWSeptember 23, 2021September 23, 20213306 SCALE Lending funds loan for new Hallets Point development
Debt & EquityFeatured Savanna secures $105M bridge loan on midtown office condo REW September 22, 2021 September 22, 2021 by REWSeptember 22, 2021September 22, 20213146 Alexander Shing’s LA-based Cottonwood Group antes up for The Six, a 27-story office condo on 56th Street
Debt & Equity Lancewood Capital expands lending platform’s national presence in 2021 REW September 20, 2021 September 20, 2021 by REWSeptember 20, 2021September 20, 20213793 Company has been increasingly active in Florida and California
Debt & EquityFeatured TRITEC recaps LI property with $173M finance package REW September 15, 2021 September 15, 2021 by REWSeptember 15, 2021September 15, 20212518 JLL team arrenges joint venture equity partnership and floating-rate construction loan.
Debt & EquityFeatured Avery Hall JV recaps’ One Boerum Place with $176M loan REW September 14, 2021 September 14, 2021 by REWSeptember 14, 2021September 14, 20212864 Proceeds enable JV to convert what was originally planned as a for-sale condo to a luxury rental project.
Debt & EquityFeatured RXR refinances Brooklyn multifamily development with $143M loan REW September 14, 2021 September 14, 2021 by REWSeptember 14, 2021September 14, 20213107 Greystone arranges new loan with MetLife to repay a $125,000,000 construction credit facility
Debt & EquityFeatured Claremont secures $16M loan for homeless shelter, 444-unit multifamily venture REW September 13, 2021 September 13, 2021 by REWSeptember 13, 2021September 13, 20212803 Cushman & Wakefield served as the exclusive adviser to Claremont in securing the loan from Lionheart Strategic Management.
Debt & Equity GAIA closes on $36M acquisition loan for East Village buy REW September 9, 2021 September 9, 2021 by REWSeptember 9, 2021September 9, 20212003 JLL arranges loan through Bank of America