Deals & Dealmakers
Brookfield banks $1B on downtown towers
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Brookfield Place By Linda O’Flanagan Brookfield Office Properties Inc. this week closed on $1 billion in financing on two of the four office towers
Debt & Equity
Wills and estates of the rich and famous
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It would be normal to think that people with millions of dollars at their disposal would retain the best lawyers to help plan their estate.
Debt & Equity
Brookfield inks $209M loan for multifamily portfolio buy
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Capital One Bank announced provided a $209.5 million, five-year term loan to Brookfield Strategic Real Estate Partners (BSREP) to finance the acquisition
Deals & Dealmakers
$120M mortgage for 30 Park purchase
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Meridian Capital Group has negotiated $120 million in financing for the purchase of 30 Park Avenue. The five-year loan, provided by Ladder Capital, features
Debt & Equity
Crowdfunding breaks the billion
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By Konrad Putzier Rendering of Prodigy Network’s 17 John Street in Lower Manhattan. Real estate crowdfunding firms raised $1.014 billion worldwide
Construction & Design
Bank closes on $250M Baccarat construction loan
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The condo-hotel is set to open next year. Bank of America has closed a $235 million construction loan for the Baccarat Hotel & Residences, the 50-story
Debt & Equity
HFF inks $85M Meatpacking loan
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HFF announced that it has arranged $85 million in financing for a mixed-use portfolio encompassing 19,409 s/f of retail and 82 residential rental units
Deals & Dealmakers
Cushman duo heads to Marcus & Millichap
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Marcus & Millichap Capital Corp. (MMCC) has added two mortgage brokers in the firm’s Brooklyn office. John Wilcox, MMCC’s eastern division vice president
Debt & Equity
Brookfield still interested in Stuy Town as tenants brace for rent hikes
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Stuy Town & PCV tenants are facing a rent hike. By Sabina Mollot and Holly Dutton Another round of rent hikes at Stuyvesant Town should make the massive
Debt & Equity
Cash startups are separating from the crowd
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Americas crops of crowdfunding start-ups are starting to show signs of diverging. By Konrad Putzier In the trial-and-error gospel of creative destruction
Debt & Equity
Lenders line up for Georgetown deal
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Cushman & Wakefield served as the exclusive advisor to JOSS Realty Partners in arranging a $24.5 million senior mortgage loan for Georgetown Plaza
Debt & Equity
MLK quarterbacks Austin apartment recapitalization
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MLK Real Estate Capital arranged the recapitalization of an off-market, 600-plus unit, five-property multifamily portfolio located in Austin, Texas.