Category: Finance

Drew Capital secures $16.25 million in construction financing for 77-unit multifamily in Newark

Drew Capital secures $16.25 million in construction financing for 77-unit multifamily in Newark

May 20, 2026
Newark, NJ Drew Capital secured $16.25 million in construction financing toward the development of Central Pointe, a 77-unit multifamily property in the University Heights neighborhood.
G.S. Wilcox & Co. arranges $50 million B-Note in Middlesex County

G.S. Wilcox & Co. arranges $50 million B-Note in Middlesex County

May 18, 2026
Middlesex County, NJ G.S. Wilcox & Co. has secured a $50 million b-note for a 500,000 s/f industrial warehouse. The financing for the property was arranged by Gretchen Wilcox, president and founder,
Red Oak Capital Holdings hires Pirhalla as managing director, production

Red Oak Capital Holdings hires Pirhalla as managing director, production

May 14, 2026
Charlotte, NC Red Oak Capital Holdings, LLC has brought on Jeff Pirhalla as managing director, production. He will lead loan origination strategy and production initiatives for the firm’s lending platform. Pirhalla will
Avison Young secures $30 million loan for Green Manufacturing Center at Brooklyn Navy Yard

Avison Young secures $30 million loan for Green Manufacturing Center at Brooklyn Navy Yard

May 12, 2026
Brooklyn, NY Avison Young secured a $30 million sub-leasehold mortgage loan on behalf of an entity controlled by the Brooklyn Navy Yard Development Corp. (BNYDC) for the Green Manufacturing Center (GMC) at the Brooklyn Navy Yard, a set of three buildings totaling 250,680 s/f of light industrial and ancillary office space. The financing was provided by Webster Bank.
Cronheim Hotel Capital secures $25.5 million for acquisition of DoubleTree Syracuse

Cronheim Hotel Capital secures $25.5 million for acquisition of DoubleTree Syracuse

May 12, 2026
Syracuse, NY Cronheim Hotel Capital (CHC) has secured $25.5 million for the acquisition of the DoubleTree Hotel. As one of the leading group and meeting hotels in the region, it also benefits from Micron Technologies planned $100 billion semiconductor campus under construction a few miles from the property.
Access Point makes investment in 38-hotel portfolio and value-add conversion initiative

Access Point makes investment in 38-hotel portfolio and value-add conversion initiative

May 12, 2026
New York, NY Access Point, an Atlanta-based company, has made a new investment supporting the acquisition and rebranding of a 38-hotel portfolio. The strategy is focused on converting the assets to Studio 6 properties and
Arrow Real Estate Advisors structures $8.8 million construction loan for multifamily development

Arrow Real Estate Advisors structures $8.8 million construction loan for multifamily development

May 12, 2026
Brooklyn, NY Arrow Real Estate Advisors has arranged an $8.8 million construction loan for the development of a new multifamily property located at 1532 Bergen St. in Crown Heights. The financing was provided by S3, a debt fund
Gantry procures $11.5 million permanent loan for Public Storage facility recapitalization

Gantry procures $11.5 million permanent loan for Public Storage facility recapitalization

May 12, 2026
Island Park, NY Gantry has secured a $11.5 million permanent loan to retire maturing debt for a Public Storage managed facility located at 4055 Austin Blvd. on Long Island’s South Shore. The 740-unit, three-story, climate-
BHI appoints Bal as chief information officer

BHI appoints Bal as chief information officer

May 12, 2026
Manchester, NH Metro Walls has expanded its estimating team with the additions of Matt Morissette and Paulo Silva, reinforcing its commitment to delivering thorough, responsive, and high-quality support during the early stages
Cronheim Hotel Capital secures $19.954 million for construction of Hampton Inn Kennesaw, GA

Cronheim Hotel Capital secures $19.954 million for construction of Hampton Inn Kennesaw, GA

May 8, 2026
Kennesaw, GA Cronheim Hotel Capital (CHC) has secured $15.954 million in construction financing for the development of a Hampton Inn Atlanta NW/Kennesaw Town Center. The financing provides up to 70% of
Madore of Largo Capital arranges $3.2 million first mortgage for 36,330 s/f shopping center in Trussville

Madore of Largo Capital arranges $3.2 million first mortgage for 36,330 s/f shopping center in Truss...

May 6, 2026
Trussville, AL Patrick Madore of Largo Capital, Inc. arranged a $3.2 million permanent first mortgage to refinance existing debt on a 36,330 s/f retail shopping center.
Fitzgerald of Largo Capital secures $15 million construction loan for 156-unit Forest Cove housing development

Fitzgerald of Largo Capital secures $15 million construction loan for 156-unit Forest Cove housing d...

April 29, 2026
Bradenton, FL Ian Fitzgerald of Largo Capital, Inc. arranged a $15 million construction loan for Forest Cove, a 156-unit workforce housing development. The financing was structured on a five-year term with 36 months of interest-only payments
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