Hudson Yards Marriott hotel gets $199M in refinancing
An affiliate of Mack Real Estate Credit Strategies (MRECS) provided a $199 million loan to refinance the Courtyard by Marriott Hudson Yards hotel, recently built...
Tag : Mack Real Estate Credit Strategies
Mack antes up $125M refiʼ for Slate, Meadow Partners 1 Flatbush rental
An affiliate of Mack Real Estate Credit Strategies (MRECS) provided a $125 million loan to refinance the nearly completed mixed-use development at 1 Flatbush Avenue...
Mack funds $500M in loans to refinance Qatari-owned hotels
Mack Real Estate Credit Strategies has funded $503 million in refinancing for three Qatari-owned hotels. Holliday Fenoglio Fowler brokered the deal for three prominent hotels...
Cape, Wainbridge secure $65M for Astoria purchase
Cape Advisors and Wainbridge Capital have secured a $65 million first mortgage to finance their acquisition of a block-through waterfront development site in Astoria, Queens....
Gutsy moves put New York newcomer Faisal Ashraf on track for 2018 growth spurt
At the start of 2017, Lotus Capital Partners was in its infancy. It had no deals to speak of, no clients. Managing partner, Faisal Ashraf,...