Cambridge funds $12.5 million FHA-insured HUD loan to refinance The Ponds

Cambridge Realty Capital Companies closed a $12.5 million FHA-insured first mortgage loan to refinance The Ponds, a 116-bed assisted living facility. Cambridge chairman Jeffrey Davis said the loan was originated by mortgage broker and consultant Rick Lynn of RML Financial for the borrower, an Illinois limited liability company. The fully amortized, 33-year term loan was underwritten by Cambridge Realty Capital Ltd. of Illinois using HUD's Section 232 pursuant to Section 223(f) funding program.

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Investment Property Realty Group closes $2.175 million sale of 247 Leonard St.

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175

GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

GFP continues leasing momentum at 322 Eighth Ave.

Zimmet Law Group signs 5,476 s/f lease at GFP Real Estate’s 515 Madison Ave.

Zimmet Law signs 5,476 s/f lease at GFP’s 515 Madison Ave.

1122 Madison Avenue inks $21.175 million contract

Rudin secures 55,335 s/f lease with JAMS at the top of 3 Times Square

Rudin secures lease with JAMS at the top of 3 Times Square

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