Debt & Equity
TRANSACTIONS: GCP arranges $63M in mortgage financing; Leviathan Capital sends $6M to Bowery development
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GCP Capital Group arranged mortgage financing in the aggregate amount of $63,950,000 for the following properties: • $40,000,000 for five multifamily apartment
Debt & Equity
Knighthead roars to finish line for Swiss investor
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Knighthead Funding steered $36 million towards a hotel venture near the $100 million Porsche customer experience center in Atlanta, GA. The Connecticut-based
Debt & Equity
TRANSACTIONS; Cronheim arranges $15M in hotel acquisition loans; Emerald Creek bridges in Park Slope
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Cronheim Hotel Capital (CHC) announced the following transactions: • Acquisition financing of $9,240,000 for the Holiday Inn Express in downtown Baltimore, MD.
Debt & Equity
Rose secures $64m loan to renovate Grace West affordable homes
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Jonathan Rose Companies announced a new Low Income Housing Tax Credit (LIHTC) Partnership that will utilize approximately $64 million in FHA 223(f) permanent
Debt & Equity
Rockrose receives $270M loan for LIC apartment complex
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Rockrose Development Corp. has completed a $270 million construction financing for its 974-unit 80/20 rental apartment tower complex at 43-25 Hunter Street
Debt & Equity
MetLife closes $400M loan for Freehold Raceway Mall in New Jersey
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MetLife Investment Management and TH Real Estate have funded $400 million loan for the Freehold Raceway Mall in Monmouth County, NJ. The mall is situated
Debt & Equity
RGB report shows small building owners buckling under cost weight
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By Jackson Chen The city’s property owners are feeling the squeeze of increasing operating costs and proposed legislation. According to the city’s Rent
Debt & Equity
TRANSACTIONS: Progress Capital secures $8.7M luxury townhouse refinance
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Progress Capital announced that Abe Mann and Brit Zamoyta secured $8,700,000 to refinance a package of two luxury townhome properties in New York City.
Debt & Equity
DTH, Rose Associates secure $375M financing for 70 Pine Street
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DTH Capital and Rose Associates secured a combined $375 million mortgage and mezzanine loan for 70 Pine Street. Hunton & Williams LLP advised EBNB
Debt & Equity
Greystone nurses along $54M refinancing for Queens medical facilities
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Greystone has provided $54,240,000 in HUD-insured mortgage loans to refinance two skilled nursing facilities in Queens, NY. The separate transactions were
Debt & Equity
Hunt partners with Fannie Mae on $120M fix for ex-NYCHA homes
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Hunt Real Estate Capital provided financing to facilitate the acquisition and rehabilitation of a multifamily portfolio located in New York City.
Debt & Equity
Hudson Co., BEC secure $97.5M financing for Brooklyn housing preservation project
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The Hudson Companies and BEC New Communities have closed on $97.5 million in financing for an affordable housing preservation project in Brooklyn.