C&WSG finances $240m for 48-property portfolio

Cushman & Wakefield Sonnenblick Goldman (C&WSG), serving as exclusive advisor to Gramercy Capital Corp. (GKK), has arranged financing for a 48-property portfolio comprised of 3.7 million s/f. The portfolio is being financed in connection with GKK's acquisition of American Financial Realty (AFR). PB Capital Corp. provided the $240 million LIBOR based facility. The C&WSG deal team included Mort Holliday, Alex Hernandez, Matthew Lembo and Russell Frahm.

Tags: Finance

Reprint

Previous Story Next Story

Brookhaven IDA closes on economic incentives for Coco Architectural Grilles

Holtsville, NY A fourth-generation family-owned, custom metal-fabricating business will expand in Holtsville after the Town of Brookhaven Industrial Development Agency (IDA) closed on a package of economic incentives.

Hempstead IDA gives final approval to benefits package for senior apartments in North Bellmore

Cronheim Hotel Capital secures $18 million for Residence Inn Middletown

Phillips of Largo Real Estate arranges $10.975 million permanent first mortgage

Phillips of Largo Real Estate arranges $10.975m permanent first mortgage

The Village of Mamaroneck purs...

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Movers & Milestones

RXR CEO Rechler to receive ULI’s 2026 Visionary Leadership award on April 29, 2026