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Newmark announces $476 million recapitalization of 225 Binney Street
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Newmark announces the $476 million recapitalization of 225 Binney Street, a 305,212-square-foot office complex located in Cambridge, Massachusetts.
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Investors Bank churns out over $3B in commercial mortgages
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Investors Bank Commercial Real Estate (CRE) Lending Group originated $3.09 billion in financing transactions in 2015. Photo by GotCredit/ Flickr The financing included $2.
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Got Bitcoin? Cryptocurrency goes mainstream with real estate buyers
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The cryptocurrency Bitcoin, which has been associated with online drug marketplaces and ransomware attacks, is slowly gaining backing from the real estate industry.
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Newmark tallies $500M in loans in 2015
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Newmark Holdings announced the total tally of the company’s financing transactions in 2015 was $500 Million. The firm closed a total of 11 loan transactions
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TRANSACTIONS: Meridian cuts $9M loan in the Bronx, GCP finances $16.5M apartment in Brooklyn
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Meridian Capital announced the following transactions: • A new mortgage in the amount of $9,000,000 on a six-story, 123-unit multifamily property located
Debt & Equity
TRANSACTIONS: Eastern Union busy in El Dorado
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Eastern Union Funding has arranged the following transactions: A $5,950,000 first lien mortgage for the refinance of a 152-unit multifamily in El Dorado, AR.
Debt & Equity
Newmark tallies $500M in loans in 2015
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Newmark Holdings announced the total tally of the company’s financing transactions in 2015 was $500 Million. The firm closed a total of 11 loan transactions
Deals & Dealmakers
Transactions: Meridian negotiates $6M mortgage on UWS, Eastern Union lands $33M lien
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Meridian negotiated a new mortgage in the amount of $6,000,000 on a 32-unit multifamily property located on West 158th Street in New York, NY.
Debt & Equity
TRANSACTIONS: GCP arranges $19M financing for Chelsea property; Meridian closes multifamily loans
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GCP Capital Group arranged mortgage financing in the aggregate amount of $36,500,000 for the following properties: • $19,300,000 for a six-story multifamily
Deals & Dealmakers
TRANSACTIONS: Meridian Capital places $28,500,000 Brooklyn mortgage
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GCP Capital Group arranged mortgage financing in the aggregate amount of $18,350,000 for the following properties: • $8,200,000 combined financing
Deals & Dealmakers
TRANSACTIONS: GCP assembles $41M mortgage, Eastern Union cuts $19.5M loan in Yonkers
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Meridian Capital announced the following transactions: • A new mortgage in the amount of $6,300,000 on a five-building, 55-unit cooperative property located
Debt & Equity
TRANSACTIONS: Hirshmark arranges $8.75M bridge loan, Eastern Union cuts $6M mortgage
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Hirshmark Capital, through an affiliate entity, announced the funding of a $8,750,000 bridge loan secured by a multifamily building in Queens.