Category: Finance

Brooklyn, NY Peter Cohen of Leviathan Capital arranged a $16.2 million construction loan for a 20-unit condominium development in Greenpoint. The financing was structured with a 7.75% interest rate

Manhattan, NY Slate Property Group closed on a new Separately Managed Account (SMA) with up to $1 billion of capital dedicated to sourcing and originating lower-leverage senior-secured

Commack, NY Cronheim Mortgage has arranged an UPREIT acquisition and financing for Mayfair Shopping Center, a 221,000 s/f, 25-acre community center located along Jericho Tpke. (Rte. 25). Allison Villamagna and Andrew Stewart represented the seller, Arlona Limited Partnership and Arlona Realty LLC, and arranged acquisition financing on behalf of the buyer, Brixmor Property Group.

Manhattan, NY JLL Capital Markets has arranged a $71 million construction loan for the development of 139 Franklin St., a boutique luxury condominium project in the heart of Tribeca.

Brooklyn, NY Marcus & Millichap Capital Corp. (MMCC) arranged $9.79 million in financing for the acquisition of a 13,575 s/f mixed-use multifamily and retail property located at 235-237 Kent

Manhattan, NY Arrow Real Estate Advisors  structured a $15.7 million loan modification for a three-property multifamily portfolio on the Upper East Side. The transaction was secured through

Manhattan, NY Global Holdings, MAG Partners, and Safanad have refinanced Anagram Turtle Bay, the completed 194-unit rental community at 300 East 50th St. M&T Realty Capital Corp. provided a $141.4 million bridge loan, replacing the property’s original $95 million construction financing from Bank OZK. The refinancing comes on the heels of the property’s stabilization in under one year and the leasing of its ground floor retail space to Serafina Mare

New York, NY Zenith Industrial Outdoor Storage (Zenith) in partnership with institutional investors advised by J.P. Morgan Asset Management, closed a $215 million senior secured credit

Alpine, WY IZO Capital closed a $25.6 million senior construction loan for The Flats at Alpine Junction, a 64-unit multifamily development. The financing will support completion of phase I of the

Miami, FL Michael Balan of Largo Capital, Inc. arranged a $4.5 million retail loan for a 4,400 s/f retail property located in the city’s Design District. The asset is situated at one of South

Cape May Court House, NJ Cronheim Mortgage has secured $21 million in acquisition financing for a grocery-anchored shopping center. Brandon Szwalbenest, Dev Morris, and Andrew Stewart placed the

Wilmington, DE Arrow Real Estate Advisors arranged a $21.9 million refinance loan on behalf of Buccini Pollin Group (BPG) for Delaware Corporate Center, a two-building Class A office campus located at