Category: Finance

Soloviev Group and Bank of America secure $1.8 billion refinancing of 9 West 57th St.

Soloviev Group and Bank of America secure $1.8 billion refinancing of 9 West 57th St.

May 26, 2026
Manhattan, NY Soloviev Group with lead lender Bank of America secured $1.8 billion refinancing of its flagship tower, 9 West 57th St., according to
Cronheim Mortgage secures $75 million financing for 811,272 s/f Orange Plaza

Cronheim Mortgage secures $75 million financing for 811,272 s/f Orange Plaza

May 26, 2026
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
Ariel Property Advisors secures three loans for condominium construction projects totaling more than $17 million

Ariel Property Advisors secures three loans for condominium construction projects totaling more than...

May 26, 2026
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
Cushman & Wakefield arranges $26.35 million refinance for 91-unit The Bridgeline, Bronx

Cushman & Wakefield arranges $26.35 million refinance for 91-unit The Bridgeline, Bronx

May 26, 2026
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
Eastern Union secures $125.25 million to finance acquisition of 1,115-unit The Pavilion in Chicago

Eastern Union secures $125.25 million to finance acquisition of 1,115-unit The Pavilion in Chicago

May 21, 2026
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
Madore of Largo Capital arranges $4.403 million loan for multi-tenant retail center in Delray

Madore of Largo Capital arranges $4.403 million loan for multi-tenant retail center in Delray

May 20, 2026
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
Drew Capital secures $16.25 million in construction financing for 77-unit multifamily in Newark

Drew Capital secures $16.25 million in construction financing for 77-unit multifamily in Newark

May 20, 2026
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.
G.S. Wilcox & Co. arranges $50 million B-Note in Middlesex County

G.S. Wilcox & Co. arranges $50 million B-Note in Middlesex County

May 18, 2026
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,
Red Oak Capital Holdings hires Pirhalla as managing director, production

Red Oak Capital Holdings hires Pirhalla as managing director, production

May 14, 2026
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
Avison Young secures $30 million loan for Green Manufacturing Center at Brooklyn Navy Yard

Avison Young secures $30 million loan for Green Manufacturing Center at Brooklyn Navy Yard

May 12, 2026
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.
Cronheim Hotel Capital secures $25.5 million for acquisition of DoubleTree Syracuse

Cronheim Hotel Capital secures $25.5 million for acquisition of DoubleTree Syracuse

May 12, 2026
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.
Access Point makes investment in 38-hotel portfolio and value-add conversion initiative

Access Point makes investment in 38-hotel portfolio and value-add conversion initiative

May 12, 2026
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