HUD offers relief to multifamily mortgage holders
Today, the U.S. Department of Housing and Urban Development (HUD) announced it is issuing new mortgage payment relief guidance under the Coronavirus Aid, Relief, and...
Tag : mortgage
Moinian, SMA secure $118M mortgage for Dallas office building
Square Mile Capital Management LLC announced that it has originated a $118 million mortgage loan secured by Renaissance Tower, a prominent 56-story office building comprising...
CBSK Ironstate, Planet Partners land $84M loan for LIC condo project
CBSK Ironstate and its development partner, Argentina-based Planet Partners, has secured $83.9 million to build a luxury condo in Long Island City. Los Angeles-based Canyon...
Innovo, Square Mile score $54M loan for Bronx movie theater
Innovo Property Group and Square Mile Capital have secured a $54 million loan for its acquisition of the shuttered Whitestone Multiplex Cinemas in the Bronx....
Aurora Capital lands $105M loan for planned Restoration Hardware flagship
Aurora Capital Associates has secured a $105 million loan for the planned Restoration Hardware flagship in the Meatpacking District, according to city records. The financing...
Northwood secures $150M loan for 100 Broadway in FiDi
Northwood Investors has secured a $150 million mortgage for 100 Broadway in the Financial District, according to city records. The Metropolitan Life Insurance Company served...
The fundamentals of securing the best rate on your commercial mortgage
By Stephen A. Sobin, President and Founder of Select Commercial Funding Every commercial mortgage loan applicant invariably asks the same questions: “What are commercial mortgages rates...
Boston Properties secures $2.3B GM Building loan
Boston Properties has secured a $2.3 billion loan for the GM Building at 767 Fifth Avenue. Boston Properties CFO Michael LaBelle announced the transaction during...
Blackstone assumes $200M Fannie Mae mortgage for Kips Bay Court buy
Blackstone Group will finance its reported $620 million purchase of Kips Bay Court by assuming the property’s existing $200.1 million Fannie Mae mortgage, according to...
Solow closes $1.2B mortgage for 9 West 57th Street
Developer Sheldon Solow has closed a $1.2 billion fixed-rate mortgage for the Solow Building at 9 West 57th Street. According to finance and securitization newsletter...