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FINANCE: Berkadia arranges $19M in Brooklyn, Houlihan secures $30M loan in Westchester
05
● BERKADIA $19M for Brooklyn midrise Berkadia announced $19.6 million in financing for 240 Meeker, a mid-rise multifamily property in Brooklyn.
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SELLING POINTS: Newmark marketing Flatiron building, MRC doubles profit on W’burg asset
05
●NGKF Flatiron building for sale NGKF Capital Markets has been retained as the exclusive broker for the sale of 16 East 16th Street. The 39,345 s/f Flatiron
Debt & Equity
Madison Realty Capital provides $71M in loans to NJ properties
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Madison Realty Capital(MRC) provided two first mortgage loans totaling $71.15 million for commercial properties in Northern New Jersey. The transactions include a $45.
Debt & Equity
Madison Realty arranges Chelsea acquisition loan
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Madison Realty Capital provided $34 million of financing for the acquisition and renovation of 125 West 16th Street. The mixed-use residential and retail
Deals & Dealmakers
MRC antes up $107M for Fortis’ hospital-to-housing play
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Madison Realty Capital (MRC) has provided $107.25 million of first mortgage financing for the first phase of Fortis Property Group’s acquisition of the
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Rabsky secures bridge loan for Myrtle Avenue mixed-use development
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Madison Realty Capital (MRC) announced the closing of a $15 million bridge loan for 948 Myrtle Avenue, a mixed-use development site located along Vernon
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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
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SELLING POINTS: American Realty Advisors buys JC tower; Slate selling park Slope building
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● AMERICAN REALTY ADVISORS New owners have big plans for JC original American Realty Advisors has acquired 30 Montgomery Street, a 16-story office tower
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MRC raises $148M construction financing for NJ apartment ventures
07
Madison Realty Capital has originated a $145.7 million construction loan to Accurate Builders & Developers for a 325-unit multifamily project located
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Supermarket site collateral for $37M MRC financing package
07
Madison Realty Capital (MRC), an institutionally-backed real estate investment firm focused on real estate equity and debt investments in the middle markets
Banking and Finance
MRC funds $225M construction loan for Mandarin Oriental condos
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Madison Realty Capital has provided a $225 million construction loan on The Residences at Mandarin Oriental, Boca Raton, a planned 12-story, 580,000 s/f
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Heritage Equity Partners scores $63M loan for Crown Heights site
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Heritage Equity Partners has scored a $63 million loan for its planned 193-unit residential project at 564 St. Johns Place in Crown Heights, Brooklyn.