Manhattan, NY Peter Cohen of Leviathan Capital arranged a $4.75 million bridge loan to refinance a maturing loan on a four-unit mixed-use building in the West Village.
Albany, NY Foss & Company has closed four historic rehabilitation investments in Buffalo, Albany, Fredonia, and Kingston supported by New York State Homes and Community Renewal’s (HCR) Small Building Participation Loan Program (PLP). Together,
Plymouth Meeting, PA Cronheim Hotel Capital (CHC) has secured $31.5 million to refinance the former DoubleTree Suites and capitalize a planned conversion to 213 apartments to be named Hickory Crossing. The sponsor, Kingsbury Financial LP (Kingsbury), is a multifamily investor
St. Petersburg, FL PTM Partners has closed on a $125 million construction loan from an affiliate of GID to finance EDGE Collective II, a 330-unit Class AA multifamily high-rise including 19,000 s/f of retail space in the EDGE District.
Manhattan, NY New Empire Group has expanded its real estate development portfolio with three acquisitions totaling more than $122 million: 567 2nd Ave. ($38 million), 10 East 30th St. ($33.5 million), and 4 West 43rd St. ($51 million).
Queens, NY Northmarq’s White Plains Debt + Equity team led by Robert Ranieri arranged $7 million in financing for a 53,000 s/f industrial distribution warehouse located at 56-75 49th St. in the Maspeth neighborhood
New Rochelle, NY Westchester Youth Sports Empowerment (WYSE) has secured 111 Plain Ave. as their inaugural facility. The old drill-bit factory now begins its transformation into the first WYSE Clubhouse and a model for a broader initiative to bring
Manhattan, NY Global Holdings secured refinancing of 120 Park Ave., its 620,000 s/f office tower located near Grand Central Terminal on Park Ave. in Midtown. The $382.4 million loan was co-originated by Wells Fargo and LBBW and includes $360.5 million
Manhattan, NY Slate Property Group closed on a $63 million refinancing for a three-building multifamily portfolio in Chelsea. The portfolio totals 94 residential units and 68,139 s/f across three properties – 229 West
Watchung, NJ G.S. Wilcox & Co. has secured $60 million in financing for Watchung Square, a 560,000 s/f retail property. The financing was arranged by Gretchen Wilcox, president and founder, Bridget Wilcox, partner, and Al Raymond,
Brooklyn, NY GAIA Real Estate has secured an additional one-year extension of its $48 million loan with Raymond James Bank for 55 Hope, a multifamily property in Williamsburg. The extension pushes the loan’s maturity to August 2027,
South Brunswick, NJ Talonvest Capital secured $87 million in bridge loans for two premium self-storage projects on behalf of 1784 Holdings, a privately held real estate development company.