Category: Finance

Lorimer Capital closes $63 million loan secured by the Arts & Powerhouse Building in Jersey City

Lorimer Capital closes $63 million loan secured by the Arts & Powerhouse Building in Jersey City

June 5, 2026
Jersey City, NJ Lorimer Capital closed a $63 million loan secured by the Arts & Powerhouse Building, a 118,660 s/f mixed-use retail and commercial asset
Phillips of Largo Real Estate Advisors arranges $2 million non-recourse loan for two office/flex properties totaling 103,301 s/f

Phillips of Largo Real Estate Advisors arranges $2 million non-recourse loan for two office/flex pro...

June 3, 2026
Orchard Park, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $2 million non-recourse loan to refinance two office/flex properties
Morrison Foerster advises Sachem Capital on $3.4 billion strategic combination with Industrial Realty Group to create IRG Realty Trust

Morrison Foerster advises Sachem Capital on $3.4 billion strategic combination with Industrial Realt...

June 1, 2026
Manhattan, NY Morrison Foerster is advising Sachem Capital Corp. (Sachem), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first
Eastern Union secures $15.9 million in financing for multi-family conversion project in East Peoria

Eastern Union secures $15.9 million in financing for multi-family conversion project in East Peoria

May 28, 2026
East Peoria, IL Eastern Union arranged a $15.918 million acquisition and construction loan for the conversion of a former assisted living facility into a 246-unit
Cronheim Hotel Capital secures $50.4 million for two properties on Amelia Island

Cronheim Hotel Capital secures $50.4 million for two properties on Amelia Island

May 28, 2026
Fernandina Beach, FL Cronheim Hotel Capital (CHC) has secured a $29.9 million loan for the refinance and conversion of the Ocean Coast Hotel to a Holiday Inn Resort, as
Mansbach joins G.S. Wilcox & Co. as vice president

Mansbach joins G.S. Wilcox & Co. as vice president

May 26, 2026
Morristown, NJ G.S. Wilcox & Co. has added Ryan Mansbach to the firm where he will serve as vice president. In his role, he will focus on sourcing debt and equity financing opportunities across commercial real
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