Hempstead, NY Short Term Capital funded a $2.5 million bridge loan to facilitate the purchase of a commercial building. The existing building on the site will be demolished to make way for a new mixed-use rental development, 108,000 s/f consisting of 96 residential units
New Rochelle, NY Newmark arranged $550 million in total financings across seven office, multifamily and hospitality assets located throughout Westchester County, New York and Fairfield County, Connecticut. The transactions were led by vice chairman Christopher Kramer
Brooklyn, NY Eastern Union secured a $33.84 million loan to help finance the purchase of a four-story, 144,263 s/f medical office building located at 6201 15th Ave. on the corner of 62nd St. in the Borough Park neighborhood.
Poughkeepsie, NY Basis Investment Group, LLC, (Basis) provided a $27.5 million bridge loan to Capstone Realty to refinance the existing debt of Plaza 44, a grocery-anchored neighborhood retail center located on the intersection of Rte. 44
East Hampton, NY Arrow Real Estate Advisors arranged a $4.4 million acquisition loan for 36 Newtown Ln., a 3,452 s/f mixed-use property located in the village. The financing was arranged on behalf of Vault Development Partners, led by Robert Zecher,
Queens, NY BHI, the U.S branch of Bank Hapoalim, B.M. has provided The Beechwood Organization with $10 million to finance the pre-development phase of The Lighthouse, a 109,000 s/f development site located on the northwest corner of Beach Front Rd. and Beach 67th St. in The Rockaways’ Arverne, area.
Manhattan, NY Bayport Funding launched its new Adjustable-Rate Fix & Flip Loan, designed to help investors stay ahead of a dynamic interest-rate environment. Introduced as a strategic solution to empower real estate investors during a shifting economy,
Nashville, TN The Becker Organization launched a new 1031 exchange and direct investment opportunity, Sixth & Division, a 1.74-acre site. The property, a fully operational
Being in the real estate business requires us to communicate and negotiate with people. We must be able to relate to people of different ages, personalities and nationalities. When meeting someone new for the
Brooklyn, NY BWE, a national commercial and multifamily mortgage banking company, has closed two loans totaling $120 million to refinance the Residence Inn Times Square and the Courtyard
Brooklyn, NY According to Leviathan Capital, Peter Cohen arranged a $1.89 million permanent loan secured by an 8-unit property located in the Crown Heights neighborhood
Syracuse, NY The Community Preservation Corp. (CPC) has arranged a $4.5 million construction loan to Skinner Properties for the redevelopment of the former William Howard Taft School, located in the Eastwood neighborhood of the city