News: Finance

Financial Company Profiles: BlueStone Real Estate Capital

For more than three decades, the principals of BlueStone have cultivated relationships with highly regarded capital sources throughout the world. These include a network of professional investors and institutional lenders, both domestic and foreign-based. These critical relationships allow BlueStone to secure appropriate financing for their clients, even when others fail to deliver. They couple these relationships with their intense marketplace knowledge and a highly disciplined process. By exclusively representing clients and managing the formation of all tiers of capital structure tailored to each transaction, they are able to provide integrated, seamless financing with terms that often are superior to conventional approaches. The result for their clients: lower cost of capital and increased certainty of closing. Sophisticated real estate deal makers recognize the value of engaging a firm like BlueStone. With their market savvy, innovative financing and established relationships with important lending sources, they make financing happen. http://www.bluestonecap.com
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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