Debt & Equity
TRANSACTIONS: MMCC arranges refi’ for Upper West Side apartment building
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Marcus & Millichap Capital Corporation announced the following transactions: • A $1,230,000 refinance was arranged for a 3,096 square foot property
Debt & Equity
W&D locks in $94M loan to preserve Hells Kitchen homes
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Walker & Dunlop, Inc. structured a $93,925,200 loan with the US Department for Housing and Urban Development (HUD) for Polyclinic Apartments in Hells Kitchen.
Debt & Equity
Jersey buyer secures $33M for Stamford multifamily acquisition
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Greystone announced it has provided a $33,660,000 Fannie Mae DUS loan for the acquisition of Park Square West, a multifamily community in Stamford, CT.
Debt & Equity
CBSK Ironstate lands $39M loan for 210 East 39th St. in Murray Hill
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Photo via SK Developments website CBSK Ironstate, a joint venture between CB Developers, Ironstate Development and SK Development, has secured a $39 million
Debt & Equity
Magnum refinances Village rental with $62M package
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Magnum Real Estate has recapitalized its East Village rental with a $63 million loan from Santander. JLL’s Capital Markets experts arranged the financing
Debt & Equity
S3 Capital arranges $12.5M loan for Prospect Lefferts Gardens parcels
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S3 Capital Partners, a private lender, has arranged a $12,500,000 construction loan for two parcels located on Bedford Avenue in the Prospect Lefferts
Debt & Equity
Eastern Union Funding lowers fees as brokerage barrels towards another record year
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Pioneering money broker Ira Zlotowitz has announced he will cap his company’s fee for the second time in a year as Eastern Union Funding barrels
Debt & Equity
Investor lands $55M loan for purchase of Westcott in Stamford
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Eastern Union Funding arranged financing of $55.2 million for a private New Jersey-based investment group in support of their acquisition of The Wescott
Debt & Equity
Ceruzzi, SMI USA score $200M loan for 520 Fifth Avenue
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Ceruzzi Holdings and SMI USA have secured $200 million in pre-development financing for their planned new tower at 520 Fifth Avenue. Holliday Fenoglio
Debt & Equity
Global Holdings Group pumps $100M into 25 Kent
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Eyal Ofer’s Global Holdings Group has announced a $100 million preferred equity investment in 25 Kent, the 500,000 s/f mixed-use commercial and industrial
Debt & Equity
New lease accounting standard could feed co-working beast
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A new accounting standard requiring companies to disclose long-term leases could shake up the real estate industry next year and serve as a boon for the
Debt & Equity
Report: Manhattan, Brooklyn, Westchester hardest hit by GOP tax plan
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Two provisions in the GOP federal tax plan will disproportionately impact homeowners in Manhattan, Brooklyn and Westchester County. According to a report