Banking and Finance
K&R forms new equity partnership for affordable housing portfolio
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K&R Preservation, the New York City-based affordable housing development firm owned and operated by its principals Francine Kellman and Brian Raddock
Banking and Finance
Staybridge Suites development gets MRC support
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Marcus & Millichap Capital Corp. arranged $46 million in construction financing for a Staybridge Suites located at 38-61 11th Street in Long Island City, Queens.
Featured
Report warns of ‘demolition by neglect’ at NYCHA properties
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While the city mulls potential ways to prevent NYCHA’s neglected housing stock from caving in on itself, the Regional Plan Association, a nonprofit organization
Banking and Finance
Karp collects $34M to close out previous debt
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Greystone provided a $34,500,000 bridge loan to refinance Lenox Apartments, a 55-unit mixed-use property in Brooklyn, New York. The transaction was originated
Banking and Finance
$24M for Samaritans
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Manatus Development Group has secured $24 million from TD Bank to finance construction of a mixed-use office building at 362 East 148th Street that will
Deals & Dealmakers
Uber gearing up for 3 WTC deal?
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Silverstein Properties is negotiating a 300,000 s/f lease with car service giant Uber for 3 World Trade Center. In a report first published by Crains New
Debt & Equity
JBA arranges $38M deal for new Greenpoint rental
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30 Kent Street Jonathan Aghravi of JBA Equities announced that his team has secured a $38 million loan for ground-up construction at 30 Kent Street, an
Finance
Strategic refinances Yonkers property with $70M Guggenheim loan
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River Club at Hudson Park Newmark Knight Frank arranged a $70 million fixed-rate loan for the financing of the River Club at Hudson Park, located in Yonkers