Debt & Equity
Meridian counts out cash for Count Basie building
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Meridian Capital Group negotiated a $22.7 million permanent loan for the building once called home by such luminaries as musician Count Basie and boxer Joe Louis.
Debt & Equity
Mall re-boot could spell economic revival for Westbury, Nassau Hub
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Having invested some $92 million to purchase The Source mall property along Old Country Road, Westbury, Lesso Mall Development has announced a $25 million
Debt & Equity
Activist investors keeping REITs on edge
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By Konrad Putzier Last week’s open letter by Marcato to the management of American Realty Capital Properties (ARCP) has rekindled a simmering debate over
Debt & Equity
Tishman closes on $380M construction loan in Brooklyn
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Tishman Speyer closed on a $380.6 million loan to finance the construction of 11 Hoyt, a 480-unit luxury condo building in Downtown Brooklyn.
Debt & Equity
AIG antes up $280M to refinance Empire Stores in DUMBO
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Midtown Equities and Empire Stores have refinanced their Empire Stores development in Brooklyn with a $280 Million loan from AIG. JLL’s Capital Markets
Debt & Equity
TRANSACTIONS: Hirshmark Capital loans secured by multifamily, industrial assets
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Meridian Capital announced the following transactions: • A new mortgage of $14,400,000 was placed on a 99-unit senior living community located on Overlook
Debt & Equity
Cash infusion accelerates Kensington Vanguard expansion
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Kensington Vanguard, an independent  national title insurance and settlement agency, announced that it has secured “significant growth capital”
Debt & Equity
SL Green closes $1.5B loan for One Vanderbilt
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SL Green Realty Corp. has closed on $1.5 billion of construction financing for One Vanderbilt, ensuring that the 1,401-foot-tall, state-of-the-art office
Debt & Equity
Walker & Dunlop structures $42M financing for Stonebridge home portfolio
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Walker & Dunlop, Inc. announced that it structured financing for a portfolio of five affordable Freddie Mac loans totaling $42,390,000 on behalf of
Debt & Equity
Mission Capital ramps things up in Tampa, FL
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Mission Capital Debt and Equity Finance team has structured a $53 million non-recourse ramp loan for The Godfrey Hotel and Cabanas Tampa in Florida.
Debt & Equity
Owners seeing the white light as LEDs get better and cheaper
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By Steven J. Schleider, MAI, LEED-AP BD + C president, Metropolitan Valuation Services Reduce lighting costs — one of the highest operating expenses in
Debt & Equity
Mortgage recording tax: Taking credit for projects
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MARC WIEDER By Marc Wieder, Co-Practice Leader, Anchin, Block & Anchin New York mortgage recording taxes can add significantly to the cost of financing