Category: Finance

Cobleskill, NY Cronheim Mortgage financed the Walmart shadow-anchored retail strip encompassing 24,506 s/f. Brandon Szwalbenest, Dev Morris, and Andrew Stewart placed the debt with an Oregon-based life

Queens, NY Ariel Property Advisors (Ariel) has arranged a $12 million refinance loan for a 27,000 s/f, 60-unit, three-building multifamily portfolio located in the Sunnyside section of the city.

Manhattan, NY LISC NY closed a major construction and permanent loan with Aperture to support the renovation of its new home at 380 Columbus Ave.

Manhattan, NY CBRE secured a REFI loan for over $28 million for a portfolio of five residential properties totaling 60 apartments and seven retail units located in Midtown, Greenwich Village, and the

Brooklyn, NY A joint venture between Bain Capital Real Estate (“Bain Capital”) and Bungalow Projects, Echelon Studios has broken ground on 10 purpose-built sound

Hamburg, NY Ned Perlman of Largo Real Estate Advisors arranged a $25 million construction loan for a 112-unit multi-family development. One of Buffalo’s most

University Park, PA Cronheim Hotel Capital (CHC) has secured $40 million for the construction of Nittany Residence Club (NRC), a 70-unit, condominium-hotel with ground floor retail on the doorstep of

Woodbridge, NJ Cronheim Hotel Capital (CHC) has secured $13.2 million from a conventional bank lender to refinance the Comfort Suites and Fairfield Inn & Suites. The five-year fixed-rate loan, priced in the low-6%

Newport Beach, CA Talonvest Capital has arranged a $35 million, five-property financing on behalf of Andover Properties and its JV partner, TPG Angelo Gordon. The transaction includes 2,552 units and 180 parking spaces

Provo, UT Basis Investment Group, LLC, (Basis) has provided a $23.1 million bridge loan to Scannell Properties to facilitate the refinancing of Sierra Vista Way, a recently constructed industrial property. The bridge

Port Chester, NY The Hudson Companies closed on $66 million in construction financing for a new Class A multifamily development located at 70 Abendroth Ave. The loan was provided by Truist Bank and will support the construction of a 203-unit, transit-oriented multifamily development. The six-story project will include market-rate and affordable apartments, ground-floor retail, a community facility,

Manhattan, NY East Greystone has provided a $97.6 million HUD-insured loan to refinance a 272-unit multifamily property in East Harlem. The financing was originated by senior managing director Eric Rosenstock and executive vice president Jeff Englund of Greystone,