Debt & Equity
Thor, Wharton refinance trio of Soho buildings with $300M loan
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Wharton Properties and Thor Equities have refinanced a trio of Soho buildings with a $305 million loan from Morgan Stanley. JLL’s Capital Markets arranged
Debt & Equity
Racanelli secures $60 million to finish Glen Harbor homes
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ACRES Capital Corp. funded a $59.6 million loan to complete the construction of Racanelli Construction’s The Residences at Glen Harbor, a 48-unit condominium
Debt & Equity
Riverbrook wraps up $12M funding deal to build new Red Roof Inn in Jamaica
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Construction has gotten  underway on a new Queens hotel. Architect’s drawing of the planned hotel Riverbrook Equities (RBE)  just closed on a deal
Debt & Equity
Vornado closes on $375M refinance for 888 Seventh Avenue
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Vornado Realty Turst ended 2015 with a $375 million refinancing deal on 888 Seventh Avenue, an 882,000 s/f Manhattan office building. The five-year loan
Debt & Equity
Bank of America closes $235M Baccarat loan
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Baccarat Hotel Bank of America has closed a $235 million construction loan for the Baccarat Hotel & Residences, the 50-story luxury building being
Debt & Equity
Wills and estates of the rich and famous
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It would be normal to think that people with millions of dollars at their disposal would retain the best lawyers to help plan their estate.
Debt & Equity
Brookfield inks $209M loan for multifamily portfolio buy
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Capital One Bank announced provided a $209.5 million, five-year term loan to Brookfield Strategic Real Estate Partners (BSREP) to finance the acquisition
Debt & Equity
Crowdfunding breaks the billion
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By Konrad Putzier Rendering of Prodigy Network’s 17 John Street in Lower Manhattan. Real estate crowdfunding firms raised $1.014 billion worldwide
Debt & Equity
HFF inks $85M Meatpacking loan
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HFF announced that it has arranged $85 million in financing for a mixed-use portfolio encompassing 19,409 s/f of retail and 82 residential rental units
Debt & Equity
Brookfield still interested in Stuy Town as tenants brace for rent hikes
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Stuy Town & PCV tenants are facing a rent hike. By Sabina Mollot and Holly Dutton Another round of rent hikes at Stuyvesant Town should make the massive
Debt & Equity
Cash startups are separating from the crowd
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Americas crops of crowdfunding start-ups are starting to show signs of diverging. By Konrad Putzier In the trial-and-error gospel of creative destruction
Debt & Equity
Lenders line up for Georgetown deal
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Cushman & Wakefield served as the exclusive advisor to JOSS Realty Partners in arranging a $24.5 million senior mortgage loan for Georgetown Plaza