Middletown, NY Cronheim Mortgage has arranged $75 million in financing for Orange Plaza, an 811,272 s/f regional power center. The loan was structured on a 7/30 basis and
Brooklyn, NY The Capital Services Group of Ariel Property Advisors (Ariel) has closed three loans from private lenders totaling over $17 million to finance condominium
Bronx, NY Cushman & Wakefield has arranged a $26.35 million loan on behalf of the JCAL Development Group to refinance The Bridgeline, a 91-unit Class A multifamily
Chicago, IL Eastern Union arranged a $125.25 million loan to finance the acquisition of The Pavilion, a 15-story, 1,115-unit multifamily high-rise located at 5441
Delray Beach, FL Patrick Madore of Largo Capital, Inc. arranged a $4.403 million retail loan assumption supporting the acquisition of a multi-tenant retail center and the assumption of
Newark, NJ Drew Capital secured $16.25 million in construction financing toward the development of Central Pointe, a 77-unit multifamily property in the University Heights neighborhood.
Middlesex County, NJ G.S. Wilcox & Co. has secured a $50 million b-note for a 500,000 s/f industrial warehouse. The financing for the property was arranged by Gretchen Wilcox, president and founder,
Charlotte, NC Red Oak Capital Holdings, LLC has brought on Jeff Pirhalla as managing director, production. He will lead loan origination strategy and production initiatives for the firm’s lending platform. Pirhalla will
Brooklyn, NY Avison Young secured a $30 million sub-leasehold mortgage loan on behalf of an entity controlled by the Brooklyn Navy Yard Development Corp. (BNYDC) for the Green Manufacturing Center (GMC) at the Brooklyn Navy Yard, a set of three buildings totaling 250,680 s/f of light industrial and ancillary office space. The financing was provided by Webster Bank.
Syracuse, NY Cronheim Hotel Capital (CHC) has secured $25.5 million for the acquisition of the DoubleTree Hotel. As one of the leading group and meeting hotels in the region, it also benefits from Micron Technologies planned $100 billion semiconductor campus under construction a few miles from the property.
New York, NY Access Point, an Atlanta-based company, has made a new investment supporting the acquisition and rebranding of a 38-hotel portfolio. The strategy is focused on converting the assets to Studio 6 properties and