Debt & Equity
Unlikely alliance could rebuild America
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From the South Bronx to Paterson, New Jersey to Broad Street, Philadelphia, William “Billy” Procida knows what it takes to build in hardscrabble, inner-city neighborhoods.
Debt & Equity
Transactions: Meridian’s $9.5M loan in Queens, GCP’s $18M in mortgage financing
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Meridian Capital announced the following transactions: A new mortgage in the amount of $9,500,000 on a 28-unit multifamily property located on 82nd Street in Queens, NY.
Debt & Equity
Mission Capital recieves $24M loan for Stamford office property
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Mission Capital Advisors Debt & Equity Finance Group has recieved a $24.5 million loan for Nine West Broad Street, a 191,000 s/f office property located
Debt & Equity
HFZ funds fintech venture upturning security deposits
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Obligo Inc., a financial technology company serving the real estate market, has completed a $5 million financing round. Obligo has developed a new financial
Debt & Equity
Transactions: Meridian refis Chinatown property, Love closes $6.8M for assisted living center
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Meridian Capital Group announced the following transactions: $3.6 million for the refinance of a commercial property located in Chinatown.
Debt & Equity
Rock climbing center gets $22M boost from Knighthead Funding
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Knighthead Funding has provided Cayuga Capital Management with $22 million in short-term debt to finance the conversion of a vacant Brooklyn, NY warehouse
Debt & Equity
Eyzenberg & Company replaces construction loan on beachfront complex
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Eyzenberg & Company has replaced a $22.6 million construction loan on a Myrtle Beach live entertainment, restaurant and retail complex with a $26 million
Debt & Equity
HFF secures $91M funding package for Westchester development
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Holliday Fenoglio Fowler announced $91.6 million in joint venture equity and first mortgage financing for the development of 42 Broad Street West, a 249-unit
Debt & Equity
Greystone provides $32M multifamily HUD loan
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Greystone announced it has provided a $32,272,000 HUD-insured loan to refinance Central Park Metropolis, a 304-unit multifamily property in Plainfield, Indiana.
Debt & Equity
Armirian secures $17M, teams with Serhant to develop Thirteen East +West
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The Amirian Group is set to bring two new luxury residential buildings to the East Village after securing a $17 million construction and development loan
Debt & Equity
Mission Capital arranges $42M loan for Torchlight Investors hotel venture
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Mission Capital Advisors announced that its Debt & Equity Finance team arranged a $42 million, non-recourse ramp loan for the Sheraton Bay Point Resort
Debt & Equity
Report: Multifamily mortgages set for another strong year
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Commercial and multifamily mortgage originators expect 2019 to be another strong year in lending activity, according to the Mortgage Bankers Association’s