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SKW Funding closes on $12M loan for East Village, Harlem properties
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SKW Funding closed a $12 million first lien mortgage loan for the refinance and cross-collateralization of two Manhattan properties. Photo by Tracy O/Flickr
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Movie theater near Billionaire’s Row gets $20M in bridge financing
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Meridian Capital Group negotiated $20 million in bridge financing for the pre-development of an 80,000 s/f mixed-use project in Lenox Hill on behalf of
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Aurora Capital lands $105M loan for planned Restoration Hardware flagship
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Aurora Capital Associates has secured a $105 million loan for the planned Restoration Hardware flagship in the Meatpacking District, according to city records.
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Normandy, Greenfield Partners land $81M loan for NJ office tower
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Normandy Real Estate Partners and Greenfield Partners have secured $80.7 million of financing for Center 78 located at 184 Liberty Corner Road in Warren, New Jersey.
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Stellar Management lands $105M refi for 13-property Manhattan portfolio
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Stellar Management has secured a $105 million Capital One loan for a thirteen-property Manhattan portfolio. The package includes commercial spaces and
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Olayan America refinances Sony Building with $570M loan
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Olayan America has closed a $570 million loan to refinance the Sony Building. ING Capital led the refinancing as administrative agent. Other lenders for
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Innovo, Square Mile score $54M loan for Bronx movie theater
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Innovo Property Group and Square Mile Capital have secured a $54 million loan for its acquisition of the shuttered Whitestone Multiplex Cinemas in the Bronx.
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Reading International scores $57.5M loan for Tammany Hall redevelopment
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RM Capital Management has arranged $57,500,000 of first mortgage and mezzanine construction financing for the redevelopment of the Tammany Hall Building
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Eastern Union, Greystone arrange $105M loan for senior housing portfolio
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Eastern Union Funding has arranged, alongside Greystone & Co., a $105 million senior loan for the purchase of a $120 million, 1,239-bed senior housing
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CBSK Ironstate, Planet Partners land $84M loan for LIC condo project
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CBSK Ironstate and its development partner, Argentina-based Planet Partners, has secured $83.9 million to build a luxury condo in Long Island City.
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Brookland Capital scores $12M loan for Prospect Lefferts Gardens resi project
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Boaz Gilad’s Brookland Capital has scored a $12 million construction loan for a residential project in Prospect Lefferts Gardens in Brooklyn.
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Hunt provides $87M for refinancing LIC tower
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Hunt Mortgage Group provided an $87 million Fannie Mae loan facility to refinance a multifamily property located in Long Island City, New York.