Debt & Equity
CBRE puts together $52M student housing loan in NJ
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CBRE Capital Market’s Debt & Structured Finance team has arranged acquisition financing on behalf of Greystar/PIMCO for Rockoff Hall, a 674-bed, 186-unit
Debt & Equity
Co-living concept charms another $40M out of eager US investors
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New York-based co-living company kicked off the New Year announcing a $40 million Series C funding round led by Norwest Venture Partners. The deal brings Common’
Debt & Equity
City buys distressed mortgages to preserve affordable housing
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The New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer joined a number of non-profit organizations
Debt & Equity
Arbor arranges FHA refinancing in Houston
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Arbor Realty Trust announced the funding of a $35,950,000 FHA 223(f) refinancing for Nottingham Village, a 317-unit multifamily property located in Houston, TX.
Debt & Equity
East Harlem tenants win $60M affordability deal
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A $60 million funding package will allow developers to preserve the affordable Los Tres Unidos apartments in East Harlem. A partnership between Nuevo El
Debt & Equity
MRC arranges $16M deal for McSam in Long Island City
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Madison Realty Capital (MRC) provided a $16.50 million acquisition and construction financing package collateralized by a partially-constructed hotel development
Deals & Dealmakers
TRANSACTIONS: Meridian Capital puts together a pair of $19M loans
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Meridian Capital announced the following transactions: • A new mortgage in the amount of $19,100,000 on a 151-unit multifamily property located on Somerset
Views
Opportunity Zones: What you need to know
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JAMES NELSON By James Nelson, principal, Avison young There was little talk about this 2017 Tax Cuts and Jobs Act provision until states began to announce
Debt & Equity
G.S. Wilcox plies Lowe’s with $25M loan
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G.S. Wilcox & Co. secured $25.2 million in financing for the site development of a future Lowe’s Home Improvement Warehouse, which has a 20-year ground
Construction & Design
BLDG Management taps Israeli financing source for $30M construction loan
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Israeli-giant Bank Hapoalim USA has funded a $30 million construction loan to BLDG Management for the development of a luxury East Village rental building.
Debt & Equity
Houlihan-Parnes closes $32M mortgage
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Houlihan-Parnes Realtors announced that Jeanne Cronin, senior director, closed a leasehold mortgage for $32.1 million. The loan was secured by a 15-story
Debt & Equity
GFP, Northwind refinance 40 Exchange Place with $100M loan
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GFP Real Estate and Northwind Group announced the closing of $100 million in refinancing for 40 Exchange Place. The 20-story, 300,000 s/f office and retail