Progress Capital Archives | Real Estate Weekly

TRANSACTIONS: GCP arranges $12M loan in the Bronx, Meridian tackles $26M Jersey loan

REWJanuary 23, 2019January 23, 2019

by REWJanuary 23, 2019January 23, 20190919

Eastern Union Funding announced the following transactions: A $5,275,000 first lien mortgage for the refinance of a multifamily on 49th Street in Brooklyn. This transaction

Deals & Dealmakers

TRANSACTIONS: Essex Crossing senior housing gets $9M loan, Lightstone secures $36M loan for Moxy hotel

REWDecember 26, 2018

by REWDecember 26, 201801880

Delancey Street Associates arranged a $8.75 million loan from Goldman Sachs CMBS group through a refinancing for the community facility portion of the Frances Goldin

Debt & Equity

Sutton JV refinances Harlem retail

REWNovember 28, 2018November 28, 2018

by REWNovember 28, 2018November 28, 201801120

On behalf of Jeff Sutton and Wharton Properties, Abe Mann of Progress Capital secured $23,000,000 to refinance 324 West 125th Street. Located on a prime corner

Debt & Equity

TRANSACTIONS: Progress Capital secures $8.7M luxury townhouse refinance

REWNovember 20, 2018November 21, 2018

by REWNovember 20, 2018November 21, 201801169

Progress Capital announced that Abe Mann and Brit Zamoyta secured $8,700,000 to refinance a package of two luxury townhome properties in New York City. 123

Debt & Equity

TRANSACTIONS; Cronheim arranges $15M in hotel acquisition loans; Emerald Creek bridges in Park Slope

REWOctober 17, 2018

by REWOctober 17, 201802033

Cronheim Hotel Capital (CHC) announced the following transactions: • Acquisition financing of $9,240,000 for the Holiday Inn Express in downtown Baltimore, MD. The loan was

Debt & Equity

TRANSACTIONS: Progress Capital secures construction loan for MADDD Equities

REWSeptember 19, 2018

by REWSeptember 19, 20180606

Progress Capital negotiated a $4,157,000 construction to permanent loan for the development of three attached 4-story mixed-use buildings located at 139-141 Alexander Avenue in the

Construction & Design Deals & Dealmakers

SELLING POINTS: Jersey City chemical plant gets new life

REWAugust 29, 2018

by REWAugust 29, 201801348

● PROGRESS CAPITAL Developer planning rental community at defunct chemical plant A former chemical plant in Jersey City is to be redeveloped as a rental

Debt & Equity

TRANSACTIONS: Roundup of the week’s $1-$10 million loans

REWJuly 25, 2018

by REWJuly 25, 20180329

Meridian Capital announced the following transactions: • Two new mortgages in the amount of $16,725,000 on two 131-unit multifamily properties located on Grand Concourse and

Debt & Equity

TRANSACTIONS: Meridian negotiates six Union City multifamily mortgages; Hakimian Capital funds Brooklyn deal

REWJuly 5, 2018

by REWJuly 5, 20180349

Meridian Capital announced the following transactions: • Six new mortgages in the amount of $15,300,000 on six multifamily properties located in Union City, NJ. The loans

Construction & Design Debt & Equity

Jersey City condo secures $26M construction loan

REWMay 30, 2018

by REWMay 30, 20180342

Brad Domenico, partner at Progress Capital, negotiated a $26,250,000 construction to permanent loan secured by two parcels of land for construction of a new nine-story

Cuomo invites plans for newest WTC highrise

JLL to use Google Cloud for new…

Dutch dresser creates a Brookfield Place flagship

Davines leases 15,000 s/f Williamsburg space

TRANSACTIONS: Meridian Capital places $23,250,000 mortgage on…

Enterprise in $82M deal to build Morrisania…

L+M secures funding for Sect. 8 building

Bronx nursing home lands first HUD-insured loan…

SELLING POINTS: A&G Realty Partners and B6…

Houlihan-Parnes secures $15 million mortgage on Mt.…

Tag : Progress Capital

TRANSACTIONS: GCP arranges $12M loan in the Bronx, Meridian tackles $26M Jersey loan

TRANSACTIONS: Essex Crossing senior housing gets $9M loan, Lightstone secures $36M loan for Moxy hotel

Sutton JV refinances Harlem retail

TRANSACTIONS: Progress Capital secures $8.7M luxury townhouse refinance

TRANSACTIONS; Cronheim arranges $15M in hotel acquisition loans; Emerald Creek bridges in Park Slope

TRANSACTIONS: Progress Capital secures construction loan for MADDD Equities

SELLING POINTS: Jersey City chemical plant gets new life

TRANSACTIONS: Roundup of the week’s $1-$10 million loans

TRANSACTIONS: Meridian negotiates six Union City multifamily mortgages; Hakimian Capital funds Brooklyn deal

Jersey City condo secures $26M construction loan

LEASES: LaunchSquad signs 6-year lease at 373 Park Ave. S.

HFF brokers $32M refi’ for model asset in historic Garment District neighborhood

Community reinvestment by NYC banks falls sharply

Is New York City Actually Banning Glass Buildings?

SELLING POINTS: Compass marketing Momofuku building, JLL seeks buyers for Fort Greene

Cuomo invites plans for newest WTC highrise

JLL to use Google Cloud for new AI app

Dutch dresser creates a Brookfield Place flagship

Davines leases 15,000 s/f Williamsburg space

TRANSACTIONS: Meridian Capital places $23,250,000 mortgage on NJ multifamily

Enterprise in $82M deal to build Morrisania senior homes

L+M secures funding for Sect. 8 building

Bronx nursing home lands first HUD-insured loan for $104M

SELLING POINTS: A&G Realty Partners and B6 Real Estate Advisors retained to sell College of New Rochelle main campus

Houlihan-Parnes secures $15 million mortgage on Mt. Pleasant properties