Deals & Dealmakers
EB-5 fund directs another $30M to One Willoughby
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CanAm Enterprises has closed an additional $30 million of EB-5 capital for the ongoing construction of the One Willoughby Square office tower in Downtown Brooklyn.
Debt & Equity
SKYC locks in 3% interest on $26M loan to buy Dalan’s Bronx portfolio
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Eastern Union Funding has brokered a $25.6 million loan from Bank United for SKYC Management’s purchase of a Bronx apartment portfolio.
Deals & Dealmakers
Quadrum secures $320M in financing for high profile development projects
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Oleg Pavlov’s Quadrum Global has secured a second multi-millon dollar construction loan in as many days as the company embarks on its latest high-profile
Deals & Dealmakers
JV shakes off bankruptcy with $154M to finish luxury hotel
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Rendering of the new Le Fouquet hotel The partnership behind a planned luxury hotel at 456 Greenwich Street in Tribeca has emerged from bankruptcy with
Debt & Equity
Lenders jump to pump $425M into 111 Murray
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Fisher Brothers, Witkoff and New Valley announced the closing of a $445 million construction loan for 111 Murray Street, a 58-story ground-up condo breaking
Debt & Equity
Expanding multifamily buyer closes on $157M acquisition loan
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CBRE Capital Markets’ Debt & Structured Finance team has arranged $156.83 million in financing for the acquisition of a six-property, 1,413-unit multifamily
Deals & Dealmakers
Investors set out to untangle web of Stuy Town debt
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By Konrad Putzier Fortress Investment Group is starting a push to take over StuyTown, but first the firm has to untangle a web of debt layers and potential
Debt & Equity
Thor, Wharton refinance trio of Soho buildings with $300M loan
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Wharton Properties and Thor Equities have refinanced a trio of Soho buildings with a $305 million loan from Morgan Stanley. JLL’s Capital Markets arranged
Debt & Equity
Racanelli secures $60 million to finish Glen Harbor homes
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ACRES Capital Corp. funded a $59.6 million loan to complete the construction of Racanelli Construction’s The Residences at Glen Harbor, a 48-unit condominium
Debt & Equity
Riverbrook wraps up $12M funding deal to build new Red Roof Inn in Jamaica
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Construction has gotten  underway on a new Queens hotel. Architect’s drawing of the planned hotel Riverbrook Equities (RBE)  just closed on a deal
Debt & Equity
Vornado closes on $375M refinance for 888 Seventh Avenue
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Vornado Realty Turst ended 2015 with a $375 million refinancing deal on 888 Seventh Avenue, an 882,000 s/f Manhattan office building. The five-year loan
Debt & Equity
Bank of America closes $235M Baccarat loan
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Baccarat Hotel Bank of America has closed a $235 million construction loan for the Baccarat Hotel & Residences, the 50-story luxury building being