New cert’ for appraisers
The Appraisal Institute will begin issuing two review designations in 2014. The AI-GRS, (Appraisal Institute – General Review Specialist) and AI-RRS (Appraisal Institute – Residential … Continued
Category : Finance & Accounting
Tailor-made packages keeping city co-ops in healthy financial state
REW Staff
by REW Staff
National Cooperative Bank (NCB), a leading lender to cooperative housing throughout the Tri-State area, arranged $20 million in new financing activity during September for 13 … Continued
Roar of disapproval as US borrows from Peter to pay Paul – again
REW Staff
by REW Staff
By Ira Zlotowitz, president, Eastern Union Funding “I wanted to be one with the tiger,” said David Villalobos on his decision to leap from a … Continued
Developers score $64M to turn garage into condo
REW Staff
by REW Staff
A development team has secured a $64 million loan to turn an eight-story parking garage into a luxury condo. Artist’s rendering on the new condo … Continued
No shortage of buyers expected; Just a shortage of financing
REW Staff
by REW Staff
The supply of real estate properties will continue to grow, more assets are changing hands, increased competition for those assets has begun to drive up … Continued
Kelly hailed for keeping streets paved with gold
REW Staff
by REW Staff
By Konrad Putzier foreign investment in New York real estate totals $11 billion since the beginning of 2012. New York police commissioner Ray Kelly got … Continued
Beth Goldman is new finance boss
REW Staff
by REW Staff
Mayor Michael R. Bloomberg has appointed Beth E. Goldman as Commissioner of the Department of Finance. She will replace David Frankel, who is resigning at … Continued
Meridian arranges $74M office refi’
REW Staff
by REW Staff
Meridian Capital Group, a commercial real estate finance and advisory firm, negotiated a $74.5 million refinancing package for three New York office propertieson behalf of … Continued
Lenders take the strain with flex’ financing
REW Staff
by REW Staff
Broadacre Financial, the boutique commercial real estate advisory firm launched by Merrill veteran Chris Haynes, has arranged approximately $50 million in financing for five Portsmouth, … Continued
Angels invest seed money in startup
REW Staff
by REW Staff
Sand Hill Angels announced seed investment in Storefront. The company, currently operating in San Francisco and New York City, will use the funding to build … Continued