Debt & Equity
Simon Baron Group closes on $240M in refinance of Long Island City’s ALTA+
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ALTA+, a 467-unit building at 29-22 Northern Boulevard Affiliates of Simon Baron Development Group LLC have announced a $240 million refinancing of ALTA+
Debt & Equity
Walker & Dunlop provided $617M in student housing loans in 2015
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Walker & Dunlop announced that it originated $617 million in loans backed by student housing properties in 2015. Photo by Keith Cooper/ Flickr With
Debt & Equity
Hamilton Point Investments cashes out with $278M portfolio sale
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Connecticut-based Hamilton Point Investments announced that its 11 property, $205 million HPI Real Estate Opportunity Fund III has been fully liquidated.
Debt & Equity
Equity REITs outperform broader market
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U.S. Equity REITs outperformed the broader equity market in September, the third quarter of 2015, and the first nine months of the year, the National Association
Debt & Equity
Investors look to diversify with alternative assets
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According to Preqin’s latest survey of alternative assets investors, institutional portfolios of alternative assets are growing more diverse.
Debt & Equity
TRANSACTIONS: Roundup of the week’s $1-$10 million loans
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Meridian Capital announced the following transactions: • Two new mortgages in the amount of $16,725,000 on two 131-unit multifamily properties located
Debt & Equity
AG sets his sight on 421-a tax scofflaws
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The state is going after nearly 200 New York City landlords who violated state law by accepting lucrative tax breaks then failing to provide the required
Debt & Equity
Brokers go into overdrive to fund parking pioneer
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Eastern Union Funding closed a deal for the development of three townhouses, seven condominium units and a fully automated 45-car garage in the Park Slope
Debt & Equity
G.S. Wilcox plies Lowe’s with $25M loan
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G.S. Wilcox & Co. secured $25.2 million in financing for the site development of a future Lowe’s Home Improvement Warehouse, which has a 20-year ground
Debt & Equity
TRANSACTIONS: Progress Capital secures construction loan for MADDD Equities
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Progress Capital negotiated a $4,157,000 construction to permanent loan for the development of three attached 4-story mixed-use buildings located at 139-141
Debt & Equity
Tenant buy-out offers could be labelled harassment under new law
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The New York City Council has pushed forward a bill that aims to prevent landlords from repeatedly offering buy-outs to tenants. The bill aims to prevent
Debt & Equity
MRC recaps long-delayed East Village dorm project
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A long-delayed plan to convert a former East Village school into a college dorm looks set to go ahead. JOSH ZEGEN Madison Realty Capital (MRC) announced