Debt & Equity
Developers fund Chetrit condo, hotel buy with $76M MRC loan
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Chetrit co-owned the property with Read Property Group. Madison Realty Capital (MRC) provided a $76 million financing package, that included both an MRC
Debt & Equity
Banking syndicate signs off on loan
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Amerant provided a $49 million first mortgage loan to finance Kingswood Center II, a five-story, 109,623 s/f, mixed-use property located at 1715 East 13th
Debt & Equity
Debate over controversial lease accounting changes has ripple effect
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By Edward Ichart, CPA, Partner, Shahab Moreh, CPA, Partner-In-Charge, WeiserMazars LLP EDWARD ICHART The new proposed accounting standard related to accounting
Debt & Equity
Super financing: In a red hot residential market, how do you fund the cost of superintendent units?
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By Robbie Gendels, senior loan officer ROBBIE GENDELS National Cooperative Bank New York’s residential market is moving at lightning speed, with new condominium
Deals & Dealmakers
Tribeca Associates buys Bush Tower
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The Bush Building Tribeca Associates, LLC, a New York-based acquisition and development company, announced the acquisition of a long-term leasehold interest
Deals & Dealmakers
Sharestates founder has a rags-to-riches story that’s a real crowdpleaser
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ALLEN SHAYANFEKR Allen Shayanfekr has it easy nowadays. A co-founder of real estate crowdfunding platform Sharestates, Shayanfekr spent most of his life
Debt & Equity
Meridian arranges $14M refinance on Prince Street property
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Meridian Capital Group arranged $14.4 million in permanent financing for the refinance of a mixed-use property in SoHo. 156 Prince The five-year loan
Debt & Equity
Industry consolidation among major risks facing REITs
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By Stuart Eisenberg, BDO Despite mid-year gains that propelled REITs to outperform the broader market after a slow start to 2016, REITs are not resting
Debt & Equity
How marketplace lending could improve the house next door
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By Brett Crosby, COO PeerStreet There’s been so many headlines around the P2P lending and marketplace lending industry as of late. The industry gets swept
Debt & Equity
Vanbarton bags $67M loan to finance Astor Retail acquisition
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Cushman & Wakefield advised an affiliate of Vanbarton Group in arranging $67.5 million of acquisition financing for The Astor Retail Condominium, a
Debt & Equity
Compass raises $73M in new funding round
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Compass, the technology-driven real estate platform, has closed a new round of funding, company executives announced. The new $75 million round, led by
Debt & Equity
McSam gets custom deal on mezz loan for West Side hotel
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Pembrook Capital Management LLC, a commercial real estate investment manager, has closed on a $25.8 million mezzanine loan with a first mortgage conversion