Debt & Equity
CPC and L+M close on $33M refinancing deal
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The Community Preservation Corporation (CPC) and L+M Development Partners announced the closing of three Fannie Mae Multifamily Affordable Housing (MAH)
Debt & Equity
Rockaway hotel venture tops up its reserves
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The development team behind a new Rockaway hotel venture has secured a $32.5 million construction loan. Warshaw Burstein represented the owner of The Rockaway
Debt & Equity
CUR antes up $30M for the Roger Smith Hotel
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501 Lexington CUR Capital LLC, the lending arm of New York City based City Urban Realty, through an affiliate entity, has provided a $30 million loan collateralized
Debt & Equity
Borrower exits bridge loan with $71M from Greystone
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Greystone has provided a $71.3 million HUD-insured loan to refinance Massapequa Center Rehabilitation & Nursing, a 320-bed skilled nursing facility
Debt & Equity
Seaside builder bags $10M for pier project
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The Mabie Group is developing the Belle-Freeman Amusement Pier. New Jersey-based commercial real estate lender, Procida Funding, provided a $10 million
Deals & Dealmakers
Midtown South office building gets $20M refi
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JLL Capital Markets has arranged a $20 million refinancing for 16 West 36th Street, a 13-story, 67,271-a/f office building with street level retail in Midtown South.
Deals & Dealmakers
Connecticut nursing home gets $8M bridge loan
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Greystone has provided an $8 million HUD-insured loan to refinance a 90-bed skilled nursing facility in Plainfield, Connecticut. The $8,008,000 permanent
Banking and Finance
Houlihan, GHP close $35M office mortgage
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Taxter Corporate Park Houlihan-Parnes Realtors and GHP Office Realty secured a $35 million mortgage on two Westchester office properties.
Banking and Finance
New partners bag $45M loan for first buy
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ZG Capital, a partnership between Bobby Zar and James Tamborlane, purchased the Bruckner Building for $65 million. Cushman & Wakefield served as the
Banking and Finance
Eyzenberg helps builder fast-track development of sought-after homes
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New York-based commercial real estate investment bank Eyzenberg & Company has arranged construction financing for Tennessee-based JCF Residences.
Banking and Finance
The four things all bridge loan lenders want to know
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By Mordechai Beren, managing director, Structured Finance & Bridge Division, Eastern Union MORDECHAI BEREN Bridge loans play an essential role in commercial
Banking and Finance
Berkadia brings family into Texas deal
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Berkadia secured a joint venture equity partner for Stillwater Capital’s multifamily development project in Austin, Texas. Led by Chinmay Bhatt, Noam Franklin