Debt & Equity
Transactions: Meridian Capital issues $6.75M mortgage in Brooklyn, GCP handles $10M Bronx loan
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Meridian Capital announced the following transactions: A new mortgage in the amount of $6,750,000 on a 30-unit multifamily property located on Spencer
Debt & Equity
Global accounting shake-up now in effect; Here’s what you need to know
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By John Corbett, MAI, ASA, FRICS and Marc R. Shapiro, MAI, MRICS, Newmark Knight Frank The Financial Accounting Standards Board (FASB) issued a crucial
Debt & Equity
Kuafu, Ceruzzi secures $290M loan for UES residential project
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A joint venture between Ceruzzi Holdings and Kuafu Properties has secured $290 million from a British hedge fund to build a luxury Upper East Side development.
Debt & Equity
Old-time families are real estate’s new money men
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Real estate owners have started angling for a market correction by shifting from acquisitions to debt — and some are using other people’s money to do it.
Debt & Equity
Moinian secures $140M for luxury high-rise Ocean at One West
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The Moinian Group has closed a $140 million financing for Ocean at One West Street, the developer’s high-rise multifamily property located in Battery Park.
Debt & Equity
Camber secures $65M financing for Victory Plaza
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Construction financing to build the $65 million Victory Plaza, a 136-unit, 100 percent affordable building for seniors has been secured.
Debt & Equity
Sam Chang lands $121M loan for 45-story Chelsea hotel
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Eastern Consolidated’s Capital Advisory Division has arranged a debt and equity package totaling $121.35 million to finance the construction of a 45-story
Debt & Equity
Global Holdings takes $52M equity stake in Rockefellerʼs new NoMad skyscraper
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Eyal Ofer’s Global Holdings Group, known for its investments in iconic office buildings, hotels and luxury residential developments, announced a $52.
Deals & Dealmakers
Delshah Capital on prowl for debt deals, scoops up Terzi, Toledano mortgages
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Delshah Capital has purchased mortgages on a pair of vacant retail condos owned by Jack Terzi Real Estate, one in the trendy NoMad neighborhood and the
Deals & Dealmakers
Don Peebles to launch Opportunity Fund, focus on affordable housing
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Industry titan Don Peebles, founder and CEO of the Peebles Corporation, is creating a Qualified Opportunity Fund to invest in low-income areas across the country.
Deals & Dealmakers
TRANSACTIONS: Meridian cuts $9M loan in the Bronx, GCP finances $16.5M apartment in Brooklyn
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Meridian Capital announced the following transactions: • A new mortgage in the amount of $9,000,000 on a six-story, 123-unit multifamily property located
Debt & Equity
Gettry Marcus announces merger with JM CPA
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Gettry Marcus CPA, P.C. announced that it has merged with JM CPA LLP, a full service New York City accounting firm. The combined firm will operate under