Banking and Finance
Basis Investment commingles $410M
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TAMMY JONES Basis Investment Group, a national investment platform founded by Tammy Jones, held the final closing of its first commingled, closed-end Fund
Deals & Dealmakers
Crowdfunding investment network iintoo acquires RealtyShares operations
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ERAN ROTH iintoo, a global real estate investment network with nearly $200 million raised since its launch in 2015, has purchased assets of RealtyShares
Deals & Dealmakers
TRANSACTIONS: Eastern Union Funding places 25,090,000 first lien mortgage on Indianapolis multi-family
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Eastern Union Funding announced the following transactions: • A $25,090,000 first lien mortgage for the acquisition of a 328-unit multifamily
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DONE DEALS: Plenty of potential in Chelsea studio
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Sometimes it just takes a little vision to identify a client’s perfect home, Citi Habitats agent, David A. Palmieri recently helped his client close on
Banking and Finance
CPC closes senior housing loan
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The Community Preservation Corporation (CPC), Project FIND, the Joint Ownership Entity New York City (JOE NYC), and the NYC Department of Housing Preservation
Retail
Hudson Cos. to bring rooftop restaurant to Williamsburg
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Rendering of the new restaurant and bar The Hudson Companies Inc. announced a new lease signing with a rooftop restaurant and bar at The Breeze, a renovated
Featured
State moves to tighten rules on who can advertise apartments
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The Real Estate Board of New York is urging its residential members to rally behind proposed regulations that would police who gets to advertise apartment
Deals & Dealmakers
HPT to acquire $2B net leased portfolio of stores, gyms, restaurants
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Hospitality Properties Trust (HPT) announced a deal to acquire a net lease portfolio from Spirit MTA REIT (SMTA) for $2.4 billion. The portfolio consists
Banking and Finance
Knighthead antes up $14M
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Knighthead Funding provided Noah Properties Chicago with a $14.36 million construction loan for the Roselle Apartments, a multifamily community in the
Banking and Finance
Square Mile Capital originates $80M Manhattan hotel loan
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Square Mile Capital Management originated an $80 million loan to refinance the Arlo NoMad, a 249-key luxury lifestyle hotel at 11 East 31st Street.
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NEW DEVELOPMENT: Luxury tower for seniors taking reservations; Extell targets over 55’s
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● MAPLEWOOD SENIOR LIVING Luxury seniors rental now taking reservations Leasing reservations are now being taken at the new luxury rental for New York
Construction & Design
Structure Tone announces merger with West Coast construction company
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The Structure Tone Organization (STO) and BCCI Construction Company announced that the California-based commercial construction firm will join the STO