Deals & Dealmakers
Boston Properties secures $2.3B GM Building loan
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Boston Properties has secured a $2.3 billion loan for the GM Building at 767 Fifth Avenue. Boston Properties CFO Michael LaBelle announced the transaction
Debt & Equity
Brokers go into overdrive to fund parking pioneer
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Eastern Union Funding closed a deal for the development of three townhouses, seven condominium units and a fully automated 45-car garage in the Park Slope
Debt & Equity
G.S. Wilcox plies Lowe’s with $25M loan
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G.S. Wilcox & Co. secured $25.2 million in financing for the site development of a future Lowe’s Home Improvement Warehouse, which has a 20-year ground
Debt & Equity
TRANSACTIONS: Progress Capital secures construction loan for MADDD Equities
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Progress Capital negotiated a $4,157,000 construction to permanent loan for the development of three attached 4-story mixed-use buildings located at 139-141
Construction & Design
BLDG Management taps Israeli financing source for $30M construction loan
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Israeli-giant Bank Hapoalim USA has funded a $30 million construction loan to BLDG Management for the development of a luxury East Village rental building.
Debt & Equity
Tenant buy-out offers could be labelled harassment under new law
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The New York City Council has pushed forward a bill that aims to prevent landlords from repeatedly offering buy-outs to tenants. The bill aims to prevent
Debt & Equity
MRC recaps long-delayed East Village dorm project
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A long-delayed plan to convert a former East Village school into a college dorm looks set to go ahead. JOSH ZEGEN Madison Realty Capital (MRC) announced
Debt & Equity
Colliers seeking $217M for One Two East project in Austin
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Colliers International’s structured finance team of Jeffrey Donnelly and Ulrike Ahrens has been retained as exclusive advisor by Austin, Texas-based
Debt & Equity
Lightstone launches OZ platform with PKS
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National real estate investor and developer Lightstone announced a new partnership with wealth management consulting firm The PKS Group, led by Peter K.
Debt & Equity
Houlihan-Parnes closes $32M mortgage
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Houlihan-Parnes Realtors announced that Jeanne Cronin, senior director, closed a leasehold mortgage for $32.1 million. The loan was secured by a 15-story
Debt & Equity
Eastern builds bridge loan for Auerbach fund
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Eastern Union has secured a $26 million bridge loan to support the acquisition and redevelopment of a 587-unit multi-family property in Houston.
Debt & Equity
GS Wilcox arranges $170M in NJ apartment, warehouse loans
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G.S. Wilcox & Co. recently closed $170 million of apartment and warehouse loans through their exclusive correspondent, Thrivent Financial.