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Boston Properties secures $2.3B GM Building loan
05
Boston Properties has secured a $2.3 billion loan for the GM Building at 767 Fifth Avenue. Boston Properties CFO Michael LaBelle announced the transaction
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Cohn opens revamped firm in new flagship Midtown office
07
MC Home Loans, a mortgage banker headed by industry leader, Melissa Cohn, opened August 17 in its flagship office in Midtown. “We’
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SKW Funding closes on $12M loan for East Village, Harlem properties
05
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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Aurora Capital lands $105M loan for planned Restoration Hardware flagship
07
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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Innovo, Square Mile score $54M loan for Bronx movie theater
05
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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CBSK Ironstate, Planet Partners land $84M loan for LIC condo project
05
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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RXR-Westbrook partnership secures $162M loan for Hall Street Complex
05
Holliday Fenoglio Fowler (HFF) secured $162 million in first mortgage financing for the Hall Street Complex, a 10-building, 665,000 s/f creative mixed-use
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Blackstone assumes $200M Fannie Mae mortgage for Kips Bay Court buy
06
Blackstone Group will finance its reported $620 million purchase of Kips Bay Court by assuming the property’s existing $200.1 million Fannie Mae mortgage
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Will 2016 be the Groundhog Day of lending market?
07
By David L. Dubrow, Esq. and Michael Lengel, Esq. of Arent Fox LLP In the 1993 movie Groundhog Day, Bill Murray’s character Phil Connors mysteriously relives
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Solow closes $1.2B mortgage for 9 West 57th Street
05
Developer Sheldon Solow has closed a $1.2 billion fixed-rate mortgage for the Solow Building at 9 West 57th Street. According to finance and securitization
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Moinian, SMA secure $118M mortgage for Dallas office building
05
Square Mile Capital Management LLC announced that it has originated a $118 million mortgage loan secured by Renaissance Tower, a prominent 56-story office
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Are white borrowers really three times more likely to get a mortgage than minorities?
04
Democratic frontrunner Hillary Clinton recently generated dissent from the real estate industry during a recent town hall debate in Las Vegas.