Category : Funds and Finance

1031 Crowdfunding acquires Iris Memory Care Portfolio

REW December 28, 2021 December 28, 2021

by REWDecember 28, 2021December 28, 20212643

1031 Crowdfunding announced today that on Dec. 22, 2021, through its affiliate 1031 CF Properties, it acquired the Iris Memory Care Portfolio, a 76-unit / 88-bed memory care portfolio located in the Dallas-Fort Worth and Oklahoma City MSAs. The portfolio was acquired on behalf of 1031CF Portfolio 1 DST, a...

Funds and Finance Technology

Lane raises $10M as COVID creates more demand for workplace tech

REW June 11, 2020 June 11, 2020

by REWJune 11, 2020June 11, 20204067

The Series A round was led by Round13 Capital, with participation from previous investors Alate Partners and Panache Ventures.

Deals & Dealmakers Funds and Finance

Stephen Ross donates another $100M to UM

REW February 26, 2020 February 26, 2020

by REWFebruary 26, 2020February 26, 20202786

Stephen M. Ross, chairman of Related Companies, announced a $100 million philanthropic gift to launch the fundraising campaign to advance construction of the Detroit Center for Innovation (DCI). The DCI, which will be located on the former Wayne County Jail site, will also be made possible by a significant contribution...

Banking and Finance Debt & Equity Finance Funds and Finance

$24M for Samaritans

REW November 13, 2019 November 13, 2019

by REWNovember 13, 2019November 13, 20192770

Manatus Development Group has secured $24 million from TD Bank to finance construction of a mixed-use office building at 362 East 148th Street that will be the new flagship location of non-profit, Samaritan Daytop Village. The two-year loan includes a six month extension option and carries a rate of 4.5...

Banking and Finance Debt & Equity Finance Funds and Finance

Karp collects $34M to close out previous debt

REW November 13, 2019 November 13, 2019

by REWNovember 13, 2019November 13, 20192630

Greystone provided a $34,500,000 bridge loan to refinance Lenox Apartments, a 55-unit mixed-use property in Brooklyn, New York. The transaction was originated by Anthony Cristi, managing director & Hope Curtis, Originator in Greystone’s New York office, with Steven Vegh of Westwood Realty Associates acting as correspondent on behalf of the...