Debt & Equity
Berkadia arranges $45M Citigroup loan for industrial portfolio
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Berkadia $45 million financing for Powers Industrial Portfolio, an industrial property in Danbury, Connecticut. Managing director Yuri Kletsman, of the
Debt & Equity
Berkadia leads Morgan Properties into the record books with $688M acquisition loan
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Berkadia closed $688 million in acquisition financing for Morgan Property’s record purchase of a 10-property multifamily portfolio in Pennsylvania and Virginia.
Debt & Equity
MLK Real Estate Capital arranges bridge loan for Connecticut apartment complex
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MLK Real Estate Capital arranged $18.75 million in bridge financing for the acquisition and renovation of New Cambridge Apartments, a 208-unit, four-building
Debt & Equity
Dwight closes on two loans
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Dwight Capital has closed on two cash-out refinances in Indiana and Texas. Josh Hoffman, managing director and Kevin Lifshitz, senior vice president, closed
Debt & Equity
Rose, Benenson secure $158 to build Brooklyn apartment tower
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Rose Associates announced it has closed a $158 million loan for the construction of a residential property located at 210 Livingston Street being co-developed
Debt & Equity
Builder bags $68M inventory loan for Upper East Side condo
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Meridian Capital Group arranged $68 million in financing for the Vitre condominium tower in New York, NY on behalf of Wonderworks Construction and their partners.
Debt & Equity
Mission Capital closes Amarillo hotel loan
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Mission Capital Advisors’ Debt and Equity Finance group arranged a non-recourse, floating-rate loan for the acquisition and renovation of a 229-key
Debt & Equity
Apollo provides $105M first mortgage loan for Sam Chang’s Times Square hotel
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Apollo Commercial Real Estate Finance (ARI) has closed on a $325 million package of loans that includes $215 million for Sam Changʼs newest Times Square hotel.
Debt & Equity
TRANSACTIONS: Hirshmark funds industrial bridge loan; HKS brokers refi’ for new Astoria apartment building
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Hirshmark Capital, through an affiliate entity, announced the funding of a $2,400,000 bridge loan secured by an industrial building in Glendale, Queens.
Construction & Design
Skyscraper boom tied to market crash
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The Chicago Spire: if completed, it would become the tallest building in the U.S. Curious if the U.S. stock market is heading for a crash in 2014?
Debt & Equity
Silverstein celebrates $1.6B bond deal
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Rendering of the new 3 World Trade Center Developer Larry Silverstein has sold $1.6 billion worth of unrated bonds to finance his planned office tower
Debt & Equity
Unlikely alliance could rebuild America
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From the South Bronx to Paterson, New Jersey to Broad Street, Philadelphia, William “Billy” Procida knows what it takes to build in hardscrabble, inner-city neighborhoods.