Category: Finance

Brooklyn, NY Affinius Capital LLC (Affinius Capital) closed a $90 million loan to refinance One Nine Rockwell, a 27-story multifamily property in the Fort Greene neighborhood. The Class A building features 174 residential units and 1,200 s/f of ground floor retail space. The loan was made to a New York-based developer, Mordechai Piller, and the proceeds will be used to complete the lease-up and stabilization of the property.

Buffalo, NY Jack Phillips of Largo Real Estate Advisors arranged a $6.525 million permanent first mortgage to refinance the existing debt on a 20,612 s/f medical office property.

Effingham, IL Ian Fitzgerald of Largo Capital, Inc. arranged a $1.75 million permanent first mortgage to refinance a 43,000 s/f retail center located off the I-70 interchange. The property is 76% occupied and anchored by long-

Q: Describe what Kennedy Funding’s specialty is. A: Kennedy Funding provides short-term bridge loans secured by commercial real estate. Some

Cheektowaga, NY Pyramid Management Group secured a new five-year loan for the 1.6 million s/f, two level Walden Galleria. The new financing replaces the property’s existing debt and

Manhattan, NY Cushman & Wakefield and Greystone have arranged an $800 million loan for the refinancing of The Olayan Group’s 550 Madison Ave. The financing was provided by Rothesay

Manhattan, NY Legion Investment Group in partnership with EJS Group closed a $190.075 million construction financing package for its forthcoming development at 11 West 13th

Manhattan, NY CBRE secured $17.2 million in financing for the acquisition of 159 and 161 Prince St., two prime, mixed-use properties located in SoHo. Derby Copeland Capital provided the

Manhattan, NY Ariel Property Advisors (Ariel) has arranged an $8 million cash-out refinance loan for an 11-unit, 9,895 s/f mixed-use building situated on a ground lease in the East

Manhattan, NY North Bridge ESG LLC has closed $8.5 million in C-PACE financing to support infrastructure upgrades at Herald Towers, a three-tower apartment complex located at 50 West

Manhattan, NY On February 10, Wells Fargo celebrated the grand opening of the Tribeca branch at 90 W Bdwy. This new branch aligns with the company’s plan to expand throughout New

Holmdel, NJ Cronheim Mortgage has arranged $13 million in financing for Kohl’s Plaza, a 184,063 s/f shopping center. The loan was structured on a 10/30 basis and funded through one of