News: Finance

Cooper-Horowitz arranges financing

Cooper-Horowitz, Inc. recently arranged financing for the following properties: * 1401 Franklin Ave.: Three-story office building containing 35,583 s/f. The loan was for $6.965 million. Jayson Schwartz represented the firm. * Cedarbrook Corporate Center, Building #5, Cranbury, N.J.: A 180,000 s/f office/lab/warehouse. The loan was for $26 million. Robert Vegh and Jeffrey Bijur represented the firm. * The Palatine, 1301 N. Troy Street, Arlington, Va.: A 262 unit luxury apartment complex. The loan was for $82.5 million. Richard Horowitz represented the firm. * Cityfront Place, 400 North McClurg Court, Chicago, Ill.: Riverfront luxury apartments. The loan was for $56.5 million. Richard Horowitz and Robert Horowitz represented the firm. * 7701 Airport Center Dr., Greensboro, N.C. and 4315 South 2700 West, Taylorsville, Utah: Two office buildings. The loan was for $50 million. Jerry Sobol represented the firm.
Tags: Finance
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The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.
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