Debt & Equity
Co-working company Servcorp gets $30M cash injection
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Servcorp, a global provider of luxury flexible workspace, announced a $30 million investment in co-working, modern design augmentations and enhancements
Debt & Equity
Transactions: Meridian Capital’s $4.3M mortgage on West 36th St., GCP Capital’s $107M in mortgage financing
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Meridian Capital Group announced the following transactions: A new mortgage of $4,300,000 was placed on a five-story, 20-unit mixed-use property with 2,100
Deals & Dealmakers
HSP secures $53M bridge loan for Penn Plaza office
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JLL arranged a $53 million bridge loan for Chelsea Square, a 113,629 s/f boutique office property in the Penn Plaza submarket of Manhattan.
Debt & Equity
Blackstone fund the largest ever raised
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Blackstone announced the final close of its latest global real estate fund, Blackstone Real Estate Partners IX. The fund has $20.5 billion of total capital
Debt & Equity
As local market grows, Square Mile has Georgia on its mind
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Square Mile Capital Management originated a $60 million loan secured by 1355 Peachtree, a 20-story office building located in the Midtown submarket of
Debt & Equity
Abatement deal brings fresh money, more apartments to Greenpoint
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Pembrook Capital Management closed a $2.256 million second mortgage loan to finalize construction of a 21,341 s/f mixed-use property located at 144-146
Debt & Equity
Transactions: Meridian closes on $3.7 million multifamily property in Harlem, Eastern Union’s $47 million mortgage for buildings in the Bronx
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Meridian Capital Group announced the following transactions: – A new mortgage of $3,700,000 was placed on a six-story, 12-unit multifamily property
Construction & Design
Love Funding closes $13.5M bridge loan for Fairhaven Harbor Apartments
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Love Funding, a subsidiary of Midland States Bancorp, Inc. and a provider of FHA multifamily, affordable and healthcare financing, announced the closing of a $13.
Debt & Equity
City buys distressed mortgages to preserve affordable housing
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The New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer joined a number of non-profit organizations
Deals & Dealmakers
$59M deal will fund new Mount Vernon apartment tower
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Alexander Developer Group and their joint venture partners the Bluestone Organization and JP Morgan Asset Management have secured a $59 million loan to
Debt & Equity
HFF arranges $14M loan for NJ shopping center
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Holliday Fenoglio Fowler, L.P. (HFF) arranged a $14 million refinancing for The Streets of Chester Shopping Center, a 104,682-square-foot lifestyle retail
Debt & Equity
Gural venture closes on $430M loan for FiDi reno’
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The Gural Family’s GFP Real Estate and their partner, Northwind Group, have closed on a $430 million construction loan to modernize 7 Hanover Square.