Debt & Equity Archives - Page 98 of 148

Navigating the CRE sweet spots along the Eastern Seaboard

REW May 29, 2016 May 29, 2016

by REWMay 29, 2016May 29, 20164033

By Gregg Gerken, Head of Commercial Real Estate TD Bank The appetite for expansion among the CFOs of East Coast companies throughout this year bodes well for property owners and real estate brokerages, based on a recent study conducted by TD Bank. Despite a tumultuous tail end of 2015, the...

Deals & Dealmakers Debt & Equity

Eyzenberg exits Avison Young to launch investment banking firm

REW May 25, 2016 May 25, 2016

by REWMay 25, 2016May 25, 20161694

Former Avison Young principal David Eyzenberg has left the firm to launch his own real estate investment banking firm. “After an almost five-year run working with some wonderful people at Avison Young I have decided to take the plunge and launch my own firm,” said Eyzenberg. “Now more than ever...

Debt & Equity

AmTrust acquires First Nationwide Title Agency

REW May 25, 2016 May 25, 2016

by REWMay 25, 2016May 25, 20162950

First Nationwide Title Agency has been acquired by AmTrust Financial Services, Inc., a multinational insurance holding company, in an all-cash transaction for an undisclosed amount. Steven Napolitano, founder and former president of FNTA, assumes the title of senior executive vice president of AmTrust Title and president of the Direct Title...

Debt & Equity

Meridian arranges $104M for The Hamilton

REW May 25, 2016 May 25, 2016

by REWMay 25, 2016May 25, 20161244

Meridian Capital Group arranged $104 million in acquisition financing for the purchase of The Hamilton multifamily property located on the Upper East Side of New York City on behalf of Bonjour Capital. The seven-year loan, provided by a balance sheet lender, features a competitive fixed rate of 3.625% and three...

Debt & Equity

G.S. Wilcox secures $27M for luxury apartment project

REW May 25, 2016 May 25, 2016

by REWMay 25, 2016May 25, 20161382

G.S. Wilcox & Co. announced that Gretchen S. Wilcox, president, and Al Raymond, principal, arranged $27 million in financing for a 160-unit luxury apartment project through a life insurance company. The loan was funded prior to stabilization to finance the Summit Lane Luxury Apartments, a project owned by Fidelco Realty...

Debt & Equity

TRANSACTIONS: GCP arranges $31M in mortgages

REW May 25, 2016 May 25, 2016

by REWMay 25, 2016May 25, 20161048

Meridian Capital announced the following transactions: • A new mortgage in the amount of $1,500,000 on a five-story, 10-unit multifamily property located on 30th Avenue in Queens, NY. The loan features a rate of 2.75% and a five-year term. David Hayum and Ariel Jeidel negotiated this transaction. • A new...

Construction & Design Debt & Equity

Insurers call on government to open flood market to private carriers

REW May 23, 2016 May 23, 2016

by REWMay 23, 2016May 23, 20161157

Real estate owners in New York and around the country may be in line for much-needed relief in obtaining lender required flood insurance, according to Anthony Kammas, partner at New York-based Skyline Risk Management, a major construction insurance agency. Kammas, Secretary-Elect of the Professional Insurance Association (PIA) New York Chapter,...

Deals & Dealmakers Debt & Equity Featured

Finance experts see investment strategies adapting to global uncertainty

REW May 18, 2016 May 18, 2016

by REWMay 18, 2016May 18, 20162159

By Amanda Marsh As commercial real estate’s future becomes less clear, private equity players are shifting strategies and expectations to make the most of today’s market. Real Estate Weekly and EisnerAmper gathered four top executives to discuss their outlook at the annual Women’s Forum, held at the New York City...

Debt & Equity

TRANSACTIONS: Eastern Union arranges $7.5M Brooklyn mortgage; Emerald Creek signs off on seven loans

REW May 18, 2016 May 18, 2016

by REWMay 18, 2016May 18, 20161210

Meridian Capital announced the following transactions: • A new mortgage of $4,160,000 was placed on a 42-unit multifamily property located on Castleton Avenue in Staten Island, NY. The loan features a rate of 3.125% and a five-year term. This transaction was negotiated by Judah Hammer and Daniel Neiss. • A...

Debt & Equity Property Managers

VTS secures $55M in funding to fuel global expansion

REW May 12, 2016 May 12, 2016

by REWMay 12, 2016May 12, 20161716

VTS, a leading asset management and leasing platform, has closed a $55 million funding round, marking the largest venture funding round in the history of commercial real estate technology. To date, VTS has raised a total of $84 million in capital, positioning the company as the most well-funded technology company...