News: Finance

Corporate Snapshots: CapitalSource

CapitalSource As the managing director and head of the real estate group at CapitalSource, Chris Kelly manages the origination of commercial real estate debt and mezzanine investments. As a portfolio lender, CapitalSource origination activities target investments in transitional real estate typically sponsored by owner/developers and private equity groups. CapitalSource lends against all types of commercial and residential properties in the United States, Canada, Mexico and the Caribbean. As a 21-year commercial real estate finance professional, Kelly has extensive experience in real estate debt, mezzanine, and equity markets. Prior to CapitalSource, he was a Managing Director and founding member of CDC Mortgage Capital where he was primarily responsible for the origination of senior and mezzanine loans.
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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