Greystone antes up $17M Williamsburg loan
Greystone has provided a $17 million Fannie Mae DUS loan to exit construction financing for 152 Manhattan Avenue in Williamsburg, Brooklyn.
Category : Debt & Equity
AB Capstone consolidates position with $38M loan from Madison Realty
Madison Realty Capital closed a $37.5 million first mortgage loan collateralized by a mixed-use development site and two adjacent commercial buildings located in the Ridgewood neighborhood of Queens.
Goldman Sachs funds luxury Upper West Side development
Certes Partners, Metropolitan Acquisitions and United Management announced that they have secured $71.5 million in financing for the development of 212 West 95th Street, a 19-story ground-up residential condo development with 38 residences, parking, retail and amenities.
Sugar Hill Capital scores $127M Mack loan
Richard Mackʼs Mack Real Estate Credit Strategies funded a $127 million construction loan for Sugar Hill Capital Partners redevelopment of One Prospect Park West in Brooklyn.
Rising interest rates give CRE executives grey hair
The first year of the Trump Administration is in the books, and with it came a new tax bill passed into law and soaring stock market records. As the economy continues to show signs of growth in 2018, commercial real estate executives cite rising interest rates once again as their lead concern for the industry this year
Deutsche Bank backs Thor Equities purchase in Philly
NKF Capital Markets arranged financing for Thor Equities’ $41.8 million acquisition of 907 Market Street in Philadelphia, PA. Deutsche Bank provided $28.5 million of interest-only loan proceeds to finance the transaction.
Zar Property refinances Soho school building
Zar Property Group has refinanced 64 Wooster Street in Soho with a $48 million loan. Meridian Capital Group negotiated CMBS financing for the office building that is home to an outpost of Scotland's Caledonian College.
HFF backs New Jersey condo development with $25M loan
Working on behalf of DRA 30 Court, LLC, a joint venture between Diversified Realty Advisors, LLC and a private investor, the HFF team placed the 30-month construction loan with Investors Bank.
NKF arranges $26.6M loan for Florida hotel
NKF Capital Markets arranged a $26.6 million loan, secured through Ladder Capital, for the acquisition of the Hilton Melbourne Rialto Place, a 268-key, eight-story full-service hotel at 200 Rialto Place, Melbourne FL.
TRANSACTIONS: GCP assembles $41M mortgage, Eastern Union cuts $19.5M loan in Yonkers
Eastern Union Funding also put together a pair of $19 million loans, Meridian Capital cut two $6 million mortgages, and more from the week in transactions.