Category : Debt & Equity

The Community Preservation Corporation (CPC), a not-for-profit affordable housing and neighborhood revitalization finance company, has hired Louis Tiberio as Vice President, Mortgage Officer responsible for originating and sourcing business across all of CPC’s Agency products. Tiberio will cover the Mid-Atlantic region, which consists of Pennsylvania, New Jersey, Delaware, Maryland and...

Largo and Mission Capital Advisors announced that Mission Capital’s Debt and Equity Finance Group has structured a joint venture between Largo and First Atlantic Real Estate for the $25 million acquisition of 215 North 10th Street, an 18,000 s/f corner development site in North Williamsburg. The deal is the first...

Meridian Capital Group arranged $28 million in financing for the cash-out refinance of seven commercial properties located in Brooklyn, NY. The seven-year loan, provided by a balance sheet lender, features a rate of 3.85 percent and a 30-year amortization schedule. The financing for the transaction was negotiated by Meridian Associate,...

Rising deal flow in Europe and record activity in the Asia-Pacific, powered notably by Hong Kong and Singapore, made 2017 the second-best year in the past decade for investment in income-generating commercial real estate, research by Real Capital Analytics (RCA) shows. Global volumes for completed sales of commercial properties settled...

German banking giant Landesbank Baden-Württemberg has funded a $225 million refinancing of Related Cos. One Hudson Yards. The new financing replaces existing acquisition, project and building facilities that were used by the owner to develop the 33-story luxury residential property. Located at 250 West 30th Street, between Tenth and Eleventh...

Among foreign investors, interest in New York has slipped and London has assumed first place as the number one global city for their real estate investments. For the first time, Los Angeles has tied New York as the number one city in the US, according to the results of a...