Emigrant Realty Finance is a nationwide lender making floating-rate balance sheet loans from $10 million to $100 million for senior debt (including senior unsecured) and $7 million to $40 million for subordinate debt. Potential Emigrant Realty Finance borrowers include: Equity, mezzanine and debt funds, Real estate developers, Real estate operators, Public REITs and Private REITs.
http://www.emigrant.com
Brooklyn, NY Peter Cohen of Leviathan Capital arranged a $16.2 million construction loan for a 20-unit condominium development in Greenpoint. The financing was structured with a 7.75% interest rate