Harbor Group JV acquires $1B NJ multifamily portfolio
Affiliates of Harbor Group International (HGI), today announced a joint venture with Cammeby’s International Groupfor the $1.05 billion acquisition of a portfolio of multifamily assets
Tag : Meridian Capital Group
Square Mile makes $75M equity investment in new McSam hotel
Square Mile Capital Management LLC has made a $75 million preferred equity investment in a 1,046-key multi-branded hotel project in the Times Square submarket. The
Ex Freddie Mac boss to lead new Meridian lending platform
Meridian Capital Group announced a partnership to create a new agency lending platform. David Brickman, who until recently served as CEO of the Federal Home
Alpha Realty brokers $25M sale of 115-unit rent stabilized portfolio
Alpha Realty has brokered the $25 million sale of a five-building apartment portfolio in Far Rockaway, Queens, on behalf of investor Gershon Eichorn’s Up Realty.
Wendy Silverstein forms new debt workout firm
Real estate diversity advocate and debt specialist Wendy Silverstein has formed a new advisory firm with fellow Citibank alumni, Ed Alder. Silver Eagle Advisory Group
$10M and under sales keeping these firms busy
Marcus & Millichap announced the following sales: • 52 Greene Street in Soho sold for $10,400,000, and rated at a 3.52% cap rate. Matt Fotis
Meridian remotely closes $43M Bronx loan
Meridian Capital Group arranged $43.3 million in financing for a five-building multifamily portfolio located throughout Manhattan and the Bronx, NY. The 10-year Fannie Mae loan,
Urban American sells 400-unit multi-family portfolio
Urban American Management, and its partner Dixon Advisory, has sold a 400-unit multifamily portfolio for $65 million. Gebroe-Hammer Associates arranged the trade of properties located
TRANSACTIONS: Eastern Union Funding announces $62.85M first-lien mortgage
Eastern Union Funding has announced the following transactions: A $62,850,000 first lien mortgage for the refinance of a 70-unit multifamily property in New York, NY.
Knighthead funds $12M commercial building loan
Meridian Capital Group secured $11.8 million in construction financing for a commercial development in the Bay Ridge section of Brooklyn on behalf of Veracity Partners.