Debt & Equity
Community reinvestment by NYC banks falls sharply
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A new report from the Association for Neighborhood and Housing Development shows that bank reinvestment in New York City has declined sharply.
Debt & Equity
Money migrating to wallflower neighborhoods
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Demand for new and improved apartments is driving millions of dollars in investment to Ridgewood, Queens. In the past six months alone, a team from Eastern
Debt & Equity
New loan program for income-producing assets
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Silver Arch Capital Partners has closed on two loans under its new loan program for income-producing properties. The first loan was secured by a tenant-occupied
Debt & Equity
Investors take aim at utilities
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New York City Comptroller Scott M. Stringer is leading a coalition of institutional investors representing some $1.8 trillion in combined assets to demand
Debt & Equity
Largest nursing home finance deal closes on Upper East Side
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KeyBank Real Estate Capital recently secured one of the largest loans in the history of the U.S. Department of Housing and Urban Development program for nursing homes.
Debt & Equity
Trophy pricing sends private equity in search of alternatives
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After a year of strong private equity real estate deal making in 2017 – in which both Q2 and Q4 set new records for aggregate deal value – the first half
Debt & Equity
Transactions: Meridian Capital issues $6.75M mortgage in Brooklyn, GCP handles $10M Bronx loan
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Meridian Capital announced the following transactions: A new mortgage in the amount of $6,750,000 on a 30-unit multifamily property located on Spencer
Debt & Equity
Global accounting shake-up now in effect; Here’s what you need to know
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By John Corbett, MAI, ASA, FRICS and Marc R. Shapiro, MAI, MRICS, Newmark Knight Frank The Financial Accounting Standards Board (FASB) issued a crucial
Debt & Equity
Kuafu, Ceruzzi secures $290M loan for UES residential project
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A joint venture between Ceruzzi Holdings and Kuafu Properties has secured $290 million from a British hedge fund to build a luxury Upper East Side development.
Debt & Equity
Old-time families are real estate’s new money men
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Real estate owners have started angling for a market correction by shifting from acquisitions to debt — and some are using other people’s money to do it.
Debt & Equity
Moinian secures $140M for luxury high-rise Ocean at One West
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The Moinian Group has closed a $140 million financing for Ocean at One West Street, the developer’s high-rise multifamily property located in Battery Park.
Debt & Equity
Camber secures $65M financing for Victory Plaza
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Construction financing to build the $65 million Victory Plaza, a 136-unit, 100 percent affordable building for seniors has been secured.