Debt & Equity
Investor lands $55M loan for purchase of Westcott in Stamford
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Eastern Union Funding arranged financing of $55.2 million for a private New Jersey-based investment group in support of their acquisition of The Wescott
Debt & Equity
Ceruzzi, SMI USA score $200M loan for 520 Fifth Avenue
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Ceruzzi Holdings and SMI USA have secured $200 million in pre-development financing for their planned new tower at 520 Fifth Avenue. Holliday Fenoglio
Debt & Equity
Global Holdings Group pumps $100M into 25 Kent
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Eyal Ofer’s Global Holdings Group has announced a $100 million preferred equity investment in 25 Kent, the 500,000 s/f mixed-use commercial and industrial
Debt & Equity
New lease accounting standard could feed co-working beast
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A new accounting standard requiring companies to disclose long-term leases could shake up the real estate industry next year and serve as a boon for the
Debt & Equity
Report: Manhattan, Brooklyn, Westchester hardest hit by GOP tax plan
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Two provisions in the GOP federal tax plan will disproportionately impact homeowners in Manhattan, Brooklyn and Westchester County. According to a report
Deals & Dealmakers
Square Mile provides $71M for condo stabilization
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Square Mile Capital Management announced that it has originated a $71 million loan secured by The Rennie, a newly-built condominium building located in
Debt & Equity
Arbor streamlines process
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Arbor Realty Trust funded a Fannie Mae Streamlined Rate Lock (SRL) loan in Dallas, TX. Alexan Riveredge, a 309-unit multifamily property, received $29.
Debt & Equity
Berkadia closes Great Wolf financing
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Berkadia closed $170 million in financing for the Great Wolf Lodge in Garden Grove, California. Senior Managing Director Andrew Coleman and Director Mauricio
Debt & Equity
TRANSACTIONS: GCP arranges $14.8M UWS financing, Meridian secures $10M Bronx laon
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Arbor Realty Trust announced that it funded the following loans: • A $2.8 million bridge loan for Autumn Run Apartments, a 91-unit multifamily property
Debt & Equity
Rego Park mall refinanced with $252M loan
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Vornado-managed REIT Alexander’s announced that it has completed a $252.5 million refinancing of its 609,000 s/f Rego Park II shopping center in Queens.
Debt & Equity
JLL brokers $19M loan for Sherr acquisition
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JLL Capital Markets experts have completed a $19 million loan to finance the acquisition of 489 Broadway, a luxury mixed-use property. The group worked
Debt & Equity
Square Mile antes up $149M loan for luxury Chicago apartment building
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Square Mile Capital Management LLC announced that it has originated a $149 million loan secured by The Gallery on Wells, a 40-story 442-unit multifamily