Debt & Equity
LOAN ZONE: Roundup of this week’s middle market loans
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● BERKADIA $19M for Brooklyn midrise 240 MEEKER Berkadia announced $19.6 million in financing for 240 Meeker, a mid-rise multifamily property in Brooklyn.
Debt & Equity
Houlihan-Parnes refinances Fordham’s Westchester campus
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Houlihan-Parnes has refinanced 400 Westchester Avenue in White Plains. The deal cames after the company negotiated an early 20-year extension with Fordham
Debt & Equity
Nyack College to consolidate
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Procida Funding provided a $38,500,00 debt consolidation and working capital loan to Nyack College in Rockland County, NY, on behalf of The 100 Mile Fund
Debt & Equity
Ivy bags $41M from hungry lenders
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Cushman & Wakefield arranged $41 million in acquisition financing for Ivy Realty in their purchase of a 768,244 s/f industrial portfolio in Warren
Debt & Equity
Hidrock refiʼs Garment District wallflower
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Holliday Fenoglio Fowler and Hidrock Properties announced $32 million refinancing for 35 West 36th Street, a 12-story, 77,880 s/f office building in the
Debt & Equity
Wharton secures $125M loan for 100 West 125th St. in Harlem
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Meridian Capital Group arranged $125 million of balance sheet and mezzanine financing for a retail property at 100 West 125th Street in Harlem, NY on behalf
Debt & Equity
Meridian arranges Brooklyn multifamily construction loan
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Meridian Capital Group arranged $11.3 million in financing for the construction of a multifamily development in Brooklyn, NY on behalf of Residential Development Group.
Debt & Equity
$1.3B senior housing loan the biggest in Walker & Dunlop history
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Walker & Dunlop, Inc. recently closed a $1.27 billion refinancing for Holiday Retirement, the second largest operator of senior housing in the United
Debt & Equity
City sets up commission to reform New York property tax system
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The city announced the formation of a new advisory commission, co-chaired by Vicki Been and Marc Shaw, to develop recommendations to reform New York City’s
Debt & Equity
Procida goes door-to-door dispensing $500M in loans
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Procida Funding’s 100 Mile Fund topped $500,000,000 in loan originations with a recent $38,000,000 loan closed on a college in Rockland County.
Debt & Equity
New Mountain Capital targets net lease sector
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New Mountain Capital, an alternative investment firm headquartered in New York, has closed its first net lease real estate fund with $533 million of equity
Debt & Equity
Carson leading effort to jumpstart Opportunity Zone development
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Department of Housing and Urban Development (HUD) Secretary Ben Carson has been named chairman of a new White House Opportunity and Revitalization Council.