Debt & Equity
Square Mile funds $165M LA loan
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Square Mile Capital Management originated a $165 million loan secured by Modera West LA, a newly-built 376-unit multifamily community located in West Los Angeles, CA.
Debt & Equity
Feds okay Habitat fund for distressed NYC co-op owners
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The Habitat NYC Community Fund, a subsidiary of Habitat for Humanity New York City, has become a federally certified Community Development Financial Institution (CDFI).
Debt & Equity
RXR secures $97M from Bank OZK for Atlantic Station
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RXR Realty has secured $97.5 million through Bank OZK to fund construction of the second phase of it Atlantic Station development in Stamford, CT.
Debt & Equity
Hampshire venture banks $20M for Jersey project
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JLL announces it has arranged $19.88 million in financing for the development of 34 Bank, a 126-unit, transit-oriented apartment property located in Netcong
Debt & Equity
Normandy, Invesco close $200M refinance at 888 Broadway
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Netflix, Atlassian and ABC Carpet signed leases at the property Normandy Real Estate Partners and Invesco Real Estate have refinanced 888 Broadway with
Debt & Equity
Developers fund Chetrit condo, hotel buy with $76M MRC loan
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Chetrit co-owned the property with Read Property Group. Madison Realty Capital (MRC) provided a $76 million financing package, that included both an MRC
Debt & Equity
Banking syndicate signs off on loan
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Amerant provided a $49 million first mortgage loan to finance Kingswood Center II, a five-story, 109,623 s/f, mixed-use property located at 1715 East 13th
Debt & Equity
Debate over controversial lease accounting changes has ripple effect
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By Edward Ichart, CPA, Partner, Shahab Moreh, CPA, Partner-In-Charge, WeiserMazars LLP EDWARD ICHART The new proposed accounting standard related to accounting
Debt & Equity
Super financing: In a red hot residential market, how do you fund the cost of superintendent units?
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By Robbie Gendels, senior loan officer ROBBIE GENDELS National Cooperative Bank New York’s residential market is moving at lightning speed, with new condominium
Debt & Equity
Meridian arranges $14M refinance on Prince Street property
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Meridian Capital Group arranged $14.4 million in permanent financing for the refinance of a mixed-use property in SoHo. 156 Prince The five-year loan
Debt & Equity
Industry consolidation among major risks facing REITs
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By Stuart Eisenberg, BDO Despite mid-year gains that propelled REITs to outperform the broader market after a slow start to 2016, REITs are not resting
Debt & Equity
How marketplace lending could improve the house next door
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By Brett Crosby, COO PeerStreet There’s been so many headlines around the P2P lending and marketplace lending industry as of late. The industry gets swept