Banking and Finance
CHC bags hotel refiʼ
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CHC Capital has arranged $22,000,000 for the refinance of the Embassy Suites in Richmond, VA for Shamin Hotels. The loan was placed with a national lender
Banking and Finance
MRC funds $225M construction loan for Mandarin Oriental condos
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Madison Realty Capital has provided a $225 million construction loan on The Residences at Mandarin Oriental, Boca Raton, a planned 12-story, 580,000 s/f
Banking and Finance
Cash line for repositioning
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475 Washington Jonathan Aghravi of JBA Equities placed a $38.5 million condo inventory loan for 475 Washington Avenue, a 60-unit, six-story building in
Banking and Finance
ʻNecessity retailʼ getting run for its money
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JLL arranged a $32 million refinancing for Veterans Square Town Center, a fully leased, 136,928 s/f, grocery-anchored retail center in the Northern New
Banking and Finance
Safehold closes on BankNote ground lease as REIT continues push into sector
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Safehold paid $64M for the BankNote ground lease. iStar-backed Safehold Inc. has closed on the $64.5 million purchase of the ground lease for The BankNote
Banking and Finance
First Downpayment Assistance deal closes in the Bronx
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Settlement Housing Fund (SHF) has purchased the first property to be sold under the city’s new Downpayment Assistance Fund. 1415-1417 Wythe Place
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
Houlihan, GHP close $35M office mortgage
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Taxter Corporate Park Houlihan-Parnes Realtors and GHP Office Realty secured a $35 million mortgage on two Westchester office properties.
Banking and Finance
New partners bag $45M loan for first buy
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ZG Capital, a partnership between Bobby Zar and James Tamborlane, purchased the Bruckner Building for $65 million. Cushman & Wakefield served as the
Banking and Finance
Eyzenberg helps builder fast-track development of sought-after homes
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New York-based commercial real estate investment bank Eyzenberg & Company has arranged construction financing for Tennessee-based JCF Residences.
Banking and Finance
The four things all bridge loan lenders want to know
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By Mordechai Beren, managing director, Structured Finance & Bridge Division, Eastern Union MORDECHAI BEREN Bridge loans play an essential role in commercial
Banking and Finance
Berkadia brings family into Texas deal
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Berkadia secured a joint venture equity partner for Stillwater Capital’s multifamily development project in Austin, Texas. Led by Chinmay Bhatt, Noam Franklin