Debt & Equity
Harbor JV closes on $88M multifamily acquisition loan
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JLL Capital Markets announced today that it has arranged $88 million in acquisition financing for the recently purchased Avalon Somerset apartments in
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Point Capital refinances JC apartment building with $20M loan
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JLL Capital Markets has arranged a $20.5 million refinancing for Garabrant in Jersey City, New Jersey. JLL worked on behalf of the borrower, Point Capital
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Fairstead secures financing to convert former hotel
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Fairstead has closed on over $79 million in financing to convert the former hotel building at 117 West 79th Street into affordable housing for seniors.
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BLDG closes $290M loan on new midtown rental
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Greystone has closed a $289,289,000 permanent Freddie Mac loan made to an affiliate of BLDG Management Company, Inc. for the Summit, a multifamily rental
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CPC funds $48M refi’ on affordable Coney Island tower
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CPC Mortgage Company, a subsidiary of The Community Preservation Corporation (CPC), and Ocean Towers Partners LLC, a joint venture between Proto Property
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Green rewards program affords developer some loan flexibility
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Arbor Realty Trust, a real estate investment trust and national direct lender, announced the combined funding of $20,190,000, under the Fannie Mae DUS
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Confusion reigns as owners, renters worry about how to pay their bills
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Multifamily borrowers with Freddie Mac loans have been granted a 90-day extension on loan payments, it was announced yesterday (Tuesday, March 23rd).
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Arbor Realty first lender to $2 billion mark in Freddie Mac small balance loans
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Arbor Realty Trust, Inc., a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors
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Invictus lands $107M loan for CT multifamily buy
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JLL Capital Markets has arranged $107.25 million in acquisition financing for the purchase of The Waypointe, a multi-housing property located at 515 West Ave.
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Freddie Mac loans top $256M
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Walker & Dunlop closed eight Freddie Mac loans totaling $256,304,000 secured by a portfolio of market rate properties in Florida, Georgia, North Carolina, and Texas.
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Mortgage holders catch break as Cuomo tells banks to back off
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Governor Andrew Cuomo announced a break for New Yorkers with mortgages, through April 20. Under executive order, the Superintendent of the Department of
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Greystone, Lappin JV a ‘life raft’ for affordable housing owners
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Investment advisor Greystone has formed a joint venture with affordable housing company Lappin Associates. The joint venture will aim to deploy billions