Debt & Equity
In NYC retail, the parts are worth more than the whole
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By Adelaide Polsinelli, senior director, Eastern Consolidated High street retail rents in New York City, particularly Manhattan, have been setting daily
Debt & Equity
TRANSACTIONS: Eastern Union Funding arranges $21M refi in Rotterdam
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Eastern Union Funding announced the following transactions: • A $21,000,000 first lien mortgage for the refinance of a 180-unit multifamily in Rotterdam, NY.
Debt & Equity
Procida funds trio of retail centers
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Procida Fundingʼs 100 Mile Fund closed on three loans for a total of $5,860,000 on retail centers in Washington Township, West Orange Township and Kingwood Township.
Debt & Equity
Procida composes deal for recording landmark
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Procida Funding announcea a $5,500,000 acquisition loan by its 100 Mile Fund to Millennial Place, LLC for the acquisition, marketing, rehaband lease-up
Debt & Equity
HFF brokers $165M construction loan for 21-story Boerum Place condo
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Allegra Holdings, Avery Hall Investments and Aria Development Group have secured $165 million in financing to build a luxury condo development in Brooklyn.
Debt & Equity
Green the new black as REITs dive into sustainability movement
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SUSAN PERSIN By Susan Persin, Trepp Green building has become a widely accepted business practice in recent years as cost savings and higher building valuations
Debt & Equity
Kushner Cos. borrows $400M to finance multi-family biz plan
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Kushner Companies, a diversified real estate organization headquartered in New York, announced brisk financing activity across its portfolio of properties
Debt & Equity
Procida fund finances urban renewal development
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New Jersey based commercial real estate lender, Procida Funding, provided a $9,200,000 pre-development/early stage construction loan to Middlesex Residential
Deals & Dealmakers
TRANSACTIONS: Meridian Capital puts together a pair of $19M loans
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Meridian Capital announced the following transactions: • A new mortgage in the amount of $19,100,000 on a 151-unit multifamily property located on Somerset
Debt & Equity
Investors Bank increases portfolio with $309M in loans
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Investors Bank recently increased its multifamily housing and CRE loan portfolio by originating 14 large loan transactions valued at $309 million.
Debt & Equity
Hello Living gets good buy on loan to refinance Brooklyn rental
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Madison Realty Capital (MRC) announced the closing of a $14.5 million refinancing, collateralized by a mixed-use rental property that is 95 percent complete
Debt & Equity
Meridian arranges $30M refi’ for Renaissance Properties Garment District building
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Meridian Capital Group arranged $30 million in financing for the refinance of an office property located in the Garment District of Manhattan, on behalf