Deals & Dealmakers
SELLING POINTS: Dermot pays $75M for The Kestrel; Orbach offloads UWS  portfolio
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● HFF / SAVILLS STUDLEY Dermot pays $74M for luxury Brooklyn building The Dermot Company has bought The Kestrel, an eight-story, 126-unit luxury multi-housing
Debt & Equity
Investor refinances Brooklyn multifamily portfolio
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Greystone, a real estate lending, investment, and advisory company, provided a total of $11,727,000 in Fannie Mae loans to refinance a portfolio of multifamily
Deals & Dealmakers
WHO’S NEWS: CBRE announces Benji Baer has joins company as chief marketing officer
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CBRE has announced that Benji Baer has joined the company as chief marketing officer. Baer joins CBRE from J.P. Morgan, where she served
Banking and Finance
Greystone stacks up $164M for multifamily investment group
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Greystone has provided $125,200,000 in Fannie Mae financing as part of a recapitalization effort for a $163,500,000 portfolio of multifamily properties
Deals & Dealmakers
Elefant delivers some vintage multifamily
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DJ ELEFANT Greystone provided an $8,961,000 Fannie Mae loan to refinance a 113-unit property in Georgetown, TX. The transaction was originated by DJ Elefant
Deals & Dealmakers
WHO’S NEWS:
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CBRE announced that Joseph A. Cabrera is joining the firm as vice chairman in the Advisory & Transactions unit in the New York City office.
Debt & Equity
Douglaston lands $415M for Far West Side apartments
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Douglaston Development has secured $415 million a construction loan to build a new 931-unit luxury mixed-use residential development at 601 West 29th Street
Featured
Real estate industry getting smart about working with artificial intelligence
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Traces of automation can be found throughout the residential real estate market: listings, price estimates and home loans are available at the press of a button.
Editorial Supplements
HUD cash deal funds improvements to ‘tiredʼ Queens nursing home
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Greystone has provided a $29 million HUD-insured permanent loan for Sapphire Center for Rehab & Nursing of Central Queens, a skilled nursing facility
Deals & Dealmakers
TRANSACTIONS: GCP Capital Group arranged mortgage financing in the aggregate amount of $49,137,500
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Arbor Realty Trust, Inc. funded a Freddie Mac Small Balance Loan (SBL) in Marietta, GA. Balfour Marietta, a 98-unit multifamily property, received $6.
Debt & Equity
Greystone refinances assisted living facility with Fannie Mae loan
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Greystone provided a $24 million Fannie Mae loan to refinance an assisted living facility in New Jersey. The transaction was originated by DJ Elefant in
Debt & Equity
Greystone makes assisted living loan of $24M
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Greystone provided a $24 million Fannie Mae loan to refinance an assisted living facility in New Jersey. The transaction was originated by DJ Elefant in