Debt & Equity Archives - Page 77 of 148

Contractors braced for new accounting rules for revenue recognition

REW March 7, 2018 March 7, 2018

by REWMarch 7, 2018March 7, 20181292

Construction businesses that follow Generally Accepted Accounting Principles will face an important change in about one year when Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, begins to take effect for private companies.

Debt & Equity

Greystar secures $52M financing to buy Rutgers student housing

REW February 28, 2018 February 28, 2018

by REWFebruary 28, 2018February 28, 20181440

CBRE Capital Market’s Debt & Structured Finance team has arranged acquisition financing on behalf of Greystar/PIMCO for Rockoff Hall, a 674-bed, 186-unit student housing property in New Brunswick, NJ.

Debt & Equity

Natixis provides $86M construction loan for new Sloan Kettering offices

REW February 28, 2018 February 28, 2018

by REWFebruary 28, 2018February 28, 20181606

Natixis has provided an $86.25 million construction loan for for the built-to-suit Memorial Sloan Kettering office development at 330 East 62nd Street on the Upper East Side.

Debt & Equity

JDS, Largo secure $91M first mortgage to complete luxury Fitzroy apartment building

REW February 28, 2018 February 28, 2018

by REWFebruary 28, 2018February 28, 20181454

Madison Realty Capital (MRC) originated a $91 million first mortgage loan collateralized by The Fitzroy building, a nearly-complete, 10-story ultra-luxury condominium located at 514 West 24th Street in the West Chelsea neighborhood of Manhattan.

Debt & Equity Mergers and Acquisitions

Mission Capital forms Trans-Atlantic alliance with Brotherton

REW February 28, 2018 February 28, 2018

by REWFebruary 28, 2018February 28, 20182929

Partnership will create finance platform combining both firms strengths to serve markets in Europe and US

Debt & Equity

CBRE puts together $52M student housing loan in NJ

REW February 21, 2018 February 21, 2018

by REWFebruary 21, 2018February 21, 20181289

CBRE Capital Market’s Debt & Structured Finance team has arranged acquisition financing on behalf of Greystar/PIMCO for Rockoff Hall, a 674-bed, 186-unit student housing property in New Brunswick, NJ.

Construction & Design Debt & Equity

Cushman &Wakefield arranges $265M in construction financing

REW February 13, 2018 February 13, 2018

by REWFebruary 13, 2018February 13, 20181069

Cushman & Wakefield served as the exclusive advisor to SECO Development in arranging $265 million of construction financing for the development of a 727,634 s/f office tower at 1101 Lake Washington Boulevard North, Renton, Washington.

Debt & Equity

HFF assembles $11M package for industrial portfolio

REW February 7, 2018 February 7, 2018

by REWFebruary 7, 2018February 7, 2018976

The financing package was for a three-property industrial portfolio totaling 176,472 s/f along the New Jersey Turnpike corridor and in Northern Virginia.

Debt & Equity

Hamilton Point Investments cashes out with $278M portfolio sale

REW February 7, 2018 February 7, 2018

by REWFebruary 7, 2018February 7, 20182409

Connecticut-based Hamilton Point Investments announced that its 11 property, $205 million HPI Real Estate Opportunity Fund III has been fully liquidated.

Debt & Equity

MRC ponies up $45M to finish posh Noho condo

REW February 7, 2018 February 7, 2018

by REWFebruary 7, 2018February 7, 20181278

The funds from MRC will be used to complete construction and sell out the condominium units. The firm also built One Great Jones Alley, two blocks from 22 Bond.