Banking and Finance
Borrower ticks all the right boxes with secondary market opportunity
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MLK Real Estate Capital (arranged bridge financing on behalf of a Kentucky-based developer for the adaptive reuse of a vacant 250,000 s/f office property
Debt & Equity
Beacon JV lands $240M BoA tower loan
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Bank of America Tower PGIM Real Estate Finance has arranged $240 million acquisition financing for the Bank of America Tower, a 35-story Class ‘AA’ office
Deals & Dealmakers
Cornerstone elbows into affordable lending with $93M buy
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Cornerstone Real Estate Advisers, one of the world’s largest real estate-focused investment managers, announced an agreement to acquire ACRE Capital Holdings
Deals & Dealmakers
ACRES antes up $33M for CT apartment project
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One Atlantic ACRES Capital Corp. has originated an approximately $33 million loan to fund the conversion of One Atlantic, a historic, nearly 94,000 s/f
Deals & Dealmakers
Procida funds $39M construction loan
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The 200-unit property is being developed by Forte Real Estate Procida Funding provided a $39 million construction loan, on behalf of the 100 Mile Fund
Deals & Dealmakers
JLL team makes $47M assist
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The 80th Street Residence JLL Capital Markets experts have arranged a $47.5 million loan to refinance The 80th Street Residence, an assisted living facility
Deals & Dealmakers
$68M Capitol loan closed by Greystone team
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CAPITOL APARTMENTS Greystone has provided a $68,500,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a Section 8 seniors housing
Deals & Dealmakers
Rudin refinances midtown tower
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New York Life Real Estate Investors announced the financing of 845 Third Avenue, a 370,000 s/f office building in the Plaza District. The fixed-rate loan
Debt & Equity
Developers lock down $460M financing for Pacific Park tower
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Greenland Forest City Partners and The Brodsky Organization today announced they have closed on $460 million of construction financing for 18 Sixth Avenue
Debt & Equity
Change in federal law promotes condo hotel sales
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STUART SAFT By  Stuart Saft, partner, Holland & Knight As a result of a change in the federal securities laws contained in the federal Jumpstart Our
Debt & Equity
Philadelphia’s 1500 Market office complex gets $388M refi
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On behalf of a joint venture between Nightingale Properties and Wafra Capital Partners, Newmark Knight Frank and Walker & Dunlop have arranged $388
Debt & Equity
Nearly $78M loan will fund NJ apt./office development
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JLL has secured capital totaling $77.75 million for the development of Vinty, a mixed-use project with 267 residential units and 37,000 s/f of ground-floor