Deals & Dealmakers
State carves New York into investment opportunity zones
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From Far Rockaway, Queens to Coop City in the Bronx, more than 300 economically vulnerable New York City communities have been chosen to be tax havens
Debt & Equity
Taconic locks down $41M to fund Bronx multifamily buy
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JLL Capital Markets announced the firm secured $41.6 million in financing for the acquisition and renovation of 12 rent-stabilized multifamily properties
Debt & Equity
Cape, Wainbridge secure $65M for Astoria purchase
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Cape Advisors and Wainbridge Capital have secured a $65 million first mortgage to finance their acquisition of a block-through waterfront development site
Debt & Equity
TRANSACTIONS: Roundup of the week in middle market loans
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Meridian Capital announced the following transactions; A new mortgage in the amount of $6,000,000 on a 16-unit multifamily property located on West Fourth
Debt & Equity
Simon Baron Group closes on $240M in refinance of Long Island City’s ALTA+
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ALTA+, a 467-unit building at 29-22 Northern Boulevard Affiliates of Simon Baron Development Group LLC have announced a $240 million refinancing of ALTA+
Construction & Design
Helaba Bank antes up $42M for downtown dormitory
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Arun Bhatia Development Organization (ABDO) announced that Helaba Bank has provided $42 million in permanent financing for ABDO’s recently completed ground
Debt & Equity
Walker & Dunlop provided $617M in student housing loans in 2015
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Walker & Dunlop announced that it originated $617 million in loans backed by student housing properties in 2015. Photo by Keith Cooper/ Flickr With
Debt & Equity
Hamilton Point Investments cashes out with $278M portfolio sale
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Connecticut-based Hamilton Point Investments announced that its 11 property, $205 million HPI Real Estate Opportunity Fund III has been fully liquidated.
Debt & Equity
Equity REITs outperform broader market
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U.S. Equity REITs outperformed the broader equity market in September, the third quarter of 2015, and the first nine months of the year, the National Association
Debt & Equity
Investors look to diversify with alternative assets
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According to Preqin’s latest survey of alternative assets investors, institutional portfolios of alternative assets are growing more diverse.
Debt & Equity
TRANSACTIONS: Roundup of the week’s $1-$10 million loans
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Meridian Capital announced the following transactions: • Two new mortgages in the amount of $16,725,000 on two 131-unit multifamily properties located
Debt & Equity
AG sets his sight on 421-a tax scofflaws
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The state is going after nearly 200 New York City landlords who violated state law by accepting lucrative tax breaks then failing to provide the required