Category: Finance

Metropolitan Realty Associates LLC secures $32.8 million refinancing

Metropolitan Realty Associates LLC secures $32.8 million refinancing

April 21, 2026
Nanuet, NY Metropolitan Realty Associates LLC (MRA), led by CEO and founder Joseph Farkas, has secured a $32.8 million refinancing for its retail property at 5101 Fashion Dr., known as RTL Nanuet. The loan was provided by IDB Bank and replaces an existing $22.9 million loan on the asset
Blanton of Largo Capital arranges $10.5 million acquisition loan

Blanton of Largo Capital arranges $10.5 million acquisition loan

April 21, 2026
Orlando, FL Ben Blanton of Largo Capital arranged a $10.5 million acquisition loan for the 136-key Country Inn & Suites, strategically located just off Semoran Boulevard near Orlando International Airport.
Phillips of Largo Real Estate Advisors arranges $17.5 million financing for 275,000 s/f industrial warehouse and manufacturing facility

Phillips of Largo Real Estate Advisors arranges $17.5 million financing for 275,000 s/f industrial w...

April 15, 2026
Buffalo, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged $17.5 million in permanent financing for a fully occupied 275,000 s/f industrial warehouse and manufacturing
North River Partners hires Riese, Goettee and Pompeo - expands construction lending platform

North River Partners hires Riese, Goettee and Pompeo - expands construction lending platform

April 15, 2026
Manhattan, NY North River Partners, a New York-based real estate credit platform focused on originating and managing construction and bridge loans for multifamily and
JLL secures $370m refinancing for Society Brooklyn in Gowanus

JLL secures $370m refinancing for Society Brooklyn in Gowanus

April 14, 2026
Brooklyn, NY JLL’s Capital Markets arranged a $370 million refinancing for Society Brooklyn, a premier 517-unit, two-tower residential development positioned along the Gowanus Canal in the city’s Gowanus neighborhood. JLL worked on behalf of the borrowers, Property Markets Group and The Carlyle Group, to secure the three-year bridge loan
BHI provides $88 million bridge loan to fund Quantum Pacific Realty  acquisition of 845 Third Ave.  to convert into 529-unit residential rental building

BHI provides $88 million bridge loan to fund Quantum Pacific Realty acquisition of 845 Third Ave. ...

April 14, 2026
Manhattan, NY BHI, the U.S Branch of Bank Hapoalim, B.M. provided Quantum Pacific Realty and partner Metro Loft with $88 million to finance the
Arrow Real Estate Advisors arranges $9 million acquisition loan for Long Island City development site

Arrow Real Estate Advisors arranges $9 million acquisition loan for Long Island City development sit...

April 14, 2026
Queens, NY Arrow Real Estate Advisors has arranged $9 million in acquisition financing for a development site located at 10-38 45th Rd. in Long Island City. The financing was secured on behalf
Black Bear Capital Partners closes $39 million refinance for Villas at Eastview on behalf of The Crest Group

Black Bear Capital Partners closes $39 million refinance for Villas at Eastview on behalf of The Cre...

April 14, 2026
Central Islip, NY Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management (BBAM), arranged $39 million in financing on behalf of The Crest
Affinius Capital originates $300 million loan to refinance 102 Fleet - 495 unit multifamily project

Affinius Capital originates $300 million loan to refinance 102 Fleet - 495 unit multifamily project

April 14, 2026
Brooklyn, NY Affinius Capital LLC closed a $300 million loan to refinance 102 Fleet, a Class A, 495-unit, 30-story multifamily project with 3,700 s/f of ground floor retail space. The loan was made to The Jay
Cronheim Mortgage secures $33.275 million bridge financing for 128,801 s/f New City Center

Cronheim Mortgage secures $33.275 million bridge financing for 128,801 s/f New City Center

April 14, 2026
New City, NY Cronheim Mortgage has arranged $33.275 million of bridge financing for New City Center, a 128,801 s/f grocery-anchored shopping center. Dev Morris, Allison Villamagna, Brandon Szwalbenest, and Andrew
Merchants Capital secures $26.3 million for rehabilitation/conversion of 62-unit Three Arts Club

Merchants Capital secures $26.3 million for rehabilitation/conversion of 62-unit Three Arts Club

April 14, 2026
Manhattan, NY Merchants Capital secured $26.3 million in total financing for the rehabilitation of Three Arts Club, a 62-unit historic multifamily development in New York City developed by West Side Federation
Perlman of Largo Real Estate Advisors arranges $3.125 million refinance for 20,280 s/f Amherst medical office

Perlman of Largo Real Estate Advisors arranges $3.125 million refinance for 20,280 s/f Amherst medic...

April 13, 2026
Amherst, NY Ned Perlman of Largo Real Estate Advisors, Inc. arranged a $3.125 million refinance of a 20,280 s/f medical office building. The property is situated in a medical corridor with immediate proximity
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