Debt & Equity
White Plains apartments land $31M refi
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The New York office for Avison Young announced that the firm arranged a $31,500,000 refinancing package for The Metro, a 124-unit luxury residential building
Debt & Equity
MCR closes $300M hospitality fund
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MCR, the seventh largest hotel owner-operator in the United States, has closed a $300 million fund that should give it $1 billion in purchasing capacity.
Deals & Dealmakers
Bernstein lands $20M for passive property
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Capital One provided a $20 million construction loan to Bernstein Real Estate for the ground-up development of a 24-story, Class A multifamily rental property
Deals & Dealmakers
TRANSACTIONS: Meridian closes $9.6M mortgage on Third Ave.
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Meridian Capital announced the following transactions: • A new mortgage of $9,600,000 on a 165-unit cooperative property located on Third Avenue in New York, NY.
Debt & Equity
Green guidelines point to changes in multifamily agency financing
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By Drew H. McCreery Technical Director, Partner Engineering and Science, Inc. The Federal Housing Finance Agency (FHFA) has announced reduced multifamily
Debt & Equity
Angelo Gordon raises its biggest fund to date
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New York investment powerhouse Angelo, Gordon & Co. has raised over $2.75 billion for its most recent U.S. real estate fund. The raise for AG Realty
Debt & Equity
Crowd has $53M co-working target in NoMad
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Manhattan-focused crowdfunding platform, Prodigy Network has launched a collective investment campaign for a property of co-working spaces in Manhattan.
Debt & Equity
Opal Holdings receives $52M loan for East Village development site
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Madison Realty Capital (MRC) has provided a $52 million first mortgage loan for the acquisition of a development site in the East Village and construction
Debt & Equity
Greystone refinances assisted living facility with Fannie Mae loan
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Greystone provided a $24 million Fannie Mae loan to refinance an assisted living facility in New Jersey. The transaction was originated by DJ Elefant in
Deals & Dealmakers
Paramount secures $300M loan for 712 Fifth Avenue in Midtown
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Paramount Group has secured $300 million in financing for 712 Fifth Avenue in Midtown Manhattan. The 10-year loan has a fixed rate of 3.
Debt & Equity
Vornado secures $500M loan for 330 Madison Avenue
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Vornado Realty Trust has secured a $500 million mortgage for 330 Madison Avenue in Midtown. The seven-year loan matures in August 2024 and has a fixed rate of 3.
Debt & Equity
TRANSACTIONS: Houlihan Parnes places shopping center mortgage
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Houlihan Parnes announced that James J. Houlihan, Christie L. Houlihan and Bryan J. Houlihan secured the placement of a $1,770,000 first mortgage on Ardsley