Deals & Dealmakers
Eastern Union advises shopping center owner on hunt for assets
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Marc Tropp, senior managing director of Eastern Union’s Bethesda, Md., office, is braced for a busy year with a national client seeking additional retail
Debt & Equity
Transactions: Eastern Union closes $16.1M mortgage, GCP makes $17M loan
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Eastern Union Funding announced the following retail transactions: A $16,100,000 first lien mortgage for the acquisition of a 550,000 s/f retail power
Debt & Equity
Navy Yard closes on $42M loan for historic building restoration
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The Brooklyn Navy Yard Development Corporation (BNYDC) announced the $42 million closing on financing for the redevelopment of Building 127, the last remaining
Debt & Equity
Steiner lands $228M Admirals Row loan
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Steiner NYC has secured $228 million in construction financing for its Admirals Row project. Terms of the financing, provided by M&T Bank and Bank
Debt & Equity
HFF arranges $15M construction financing for self storage facility
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Holliday Fenoglio Fowler arranged $15.65 million construction financing for the development of Hillside CubeSmart, a 1,203-unit, self storage facility
Debt & Equity
Caspi Development lands $12.5M Bowery loan
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Holliday Fenoglio Fowler announced the $12.5 million refinancing of 135 Bowery, a newly built, 21,308 s/f boutique creative office building in the Midtown
Debt & Equity
As Tax Cuts and Jobs Act chips away at deductions, investors look for options
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By Jason Kleinman, Partner, Herrick, Feinstein LLP Three ingredients are needed to make a tax shelter: debt, depreciation and a safe investment.
Debt & Equity
RedSky secures $221M bridge loan for Williamsburg retail
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JLL’s Capital Markets team has arranged a $221.8 million bridge loan through J.P. Morgan Chase to finance a portfolio of retail properties in Williamsburg.
Debt & Equity
DTH Capital refinances 20 Exchange Place with $268M loan
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Berkadia announced the $268.7 million financing of 20 Exchange Place, a luxury residence building and iconic New York City landmark. Managing director
Debt & Equity
TRANSACTIONS: Houlihan-Parnes mortgages Bronx retail; Washington Trust finances Dollar General deal
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Houlihan-Parnes Properties announced the following transactions: • Mortgage financing totaling $3,500,000 on three retail properties in the Bronx;
Deals & Dealmakers
Numbers guy Ginsberg speaks foreign investorsʼ language
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Robert Ginsberg treads lightly on international affairs. Ginsberg, who heads the debt restructuring practice at real estate investment bank Eyzenberg &
Debt & Equity
Cornerstone borrows $137M for 100 Wall purchase
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New York Life Real Estate Investors provided $137.5 million to finance the purchase of 100 Wall Street by Cornerstone Real Estate Advisers.