Category: Finance

Plano, TX Meridian Capital Group has arranged $29.65 million in construction financing for the first phase of a single-family residential community located at 2601 East Parker Rd. The 80% loan-to-cost, non-recourse financing was provided by Arixa Capital and

New York, NY JLL Capital Markets arranged $140 million in refinancing for a portfolio of eight Class A self-storage facilities totaling 742,855 s/f across seven states in

Mount Arlington, NJ G.S. Wilcox & Co. secured a $15.5 million construction loan for a three-building mixed-use property. The financing for the property was arranged by

Brooklyn, NY Arrow Real Estate Advisors arranged a $50 million construction loan on behalf of Midwood Group for the ground-up development of two contiguous multifamily buildings

Queens, NY Northmarq’s New York Metro Debt + Equity team, led by Robert Delitsky arranged $107 million in financing for two grocery-anchored shopping centers. Delitsky and Charles Cotsalas, arranged $32 million in financing for Springnex Plaza, a 96,028 s/f retail property located at 134-40 Springfield Blvd. in Springfield Gardens.

Paterson, NJ Avatar Financial Group LLC (Avatar) provided a $3.7million cash-out bridge loan on a newly constructed mixed-use property at 59 Pearl St. The two-year, first-lien loan was originated at 64% loan-to-value. The borrower

White Plains, NY Merchants Capital secured $138.5 million in financing for North White Plains Workforce Transit Hub, a mixed-use community developed by BRP Companies, with 296 residences, retail and community space located in a fast-growing transit corridor

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.

Queens, NY Arrow Real Estate Advisors arranged a $105 million lease-up refinance on behalf of Watermark Capital Group for The Pecora, a newly delivered Class A multifamily property located at 41-10 Crescent St. in Long Island City. The financing was secured

Manhattan, NY JLL’s Capital Markets group’s M&A and Corporate Advisory, Corporate Banking Advisory, and Debt & Equity Advisory teams collectively secured $617 million in in financing for Link Apartments REIT and Link Apartments Opportunity Zone REIT, Grubb Properties-managed REITs, along with Link Apartments 8 Carlisle, a 64-story Class A multifamily development in the Financial District.

Huntington Station, NY Silver Arch Capital Partners closed a $5.66 million loan secured by a newly developed mixed-use property. The financing is secured by a fully leased 16-unit apartment

New York, NY/Washington, DC Machine Investment Group, LP (Machine) acknowledged the final close of Machine Real Estate Fund II (Fund II), the firm’s second flagship investment vehicle.