Category: Finance

Affinius Capital originates $135 million construction loan to Focus and Bradford Allen for new mixed-use development in St. Petersburg, Fla.

Affinius Capital originates $135 million construction loan to Focus and Bradford Allen for new mixed...

July 10, 2026
St. Petersburg, FL Affinius Capital LLC has originated a $135 million construction loan to finance the ground-up development of 275 5th St. The 24-story, Class A
Ross of Largo Capital Ltd. arranges $17.6 million for Quebec City office portfolio

Ross of Largo Capital Ltd. arranges $17.6 million for Quebec City office portfolio

July 8, 2026
Québec City, Québec Kevin Ross of Largo Capital Limited arranged $17.6 million in financing for a four-property office portfolio. The portfolio spans 86,000 s/f across multiple
Madore of Largo Capital arranges $13.7 million loan for 115,586 s/f retail center in Kissimmee

Madore of Largo Capital arranges $13.7 million loan for 115,586 s/f retail center in Kissimmee

July 8, 2026
Kissimmee, FL Patrick Madore of Largo Capital, Inc. arranged a $13.7 million non-recourse, interest-only loan through one of Largo’s life company correspondent lenders for a 115,586 s/f
Meridian Capital Group secures $16.35 million loan from JPMorgan Chase for 103-Unit multifamily complex in Kew Gardens

Meridian Capital Group secures $16.35 million loan from JPMorgan Chase for 103-Unit multifamily comp...

July 7, 2026
Kew Gardens, NY Meridian Capital Group has secured $16.35 million in financing on behalf of BRG for Dale Gardens, a 103-unit multifamily complex located at 84-17 125th St. The loan was provided by JPMorgan Chase and was placed by Meridian’s Avi Weinstock and Chesky Klein.
Phillips of Largo Real Estate Advisors Inc. arranges $12 million loan to refinance 102-room Staybridge Suites

Phillips of Largo Real Estate Advisors Inc. arranges $12 million loan to refinance 102-room Staybrid...

July 7, 2026
Amherst, NY Jack Phillips of Largo Real Estate Advisors Inc. arranged a $12 million loan to refinance the 102-room Staybridge Suites.
Arora of Largo Real Estate Advisors, Inc. arranges $3 million refinance for 47-room hotel

Arora of Largo Real Estate Advisors, Inc. arranges $3 million refinance for 47-room hotel

July 6, 2026
Auburn, NY Arjun Arora of Largo Real Estate Advisors, Inc., arranged a $3 million refinance for a 47-room hotel. The property is well-positioned in downtown along two major roadways, NY-5 and US Rte. 20, providing convenient access throughout the surrounding region.
Cronheim Hotel Capital secures financing for Grand Beach Hotel in Bay Harbor Islands, FL

Cronheim Hotel Capital secures financing for Grand Beach Hotel in Bay Harbor Islands, FL

July 1, 2026
Bay Harbor Islands, FL Cronheim Hotel Capital has arranged $5 million in financing for the Grand Beach Hotel, a 96-suite luxury  property. Brandon Szwalbenest, Dev Morris, and Andrew Stewart
Appraisal Institute’s Upstate Chapter continuing education events

Appraisal Institute’s Upstate Chapter continuing education events

June 30, 2026
Rochester, NY The Upstate New York Chapter of the Appraisal Institute has an active education calendar for real estate appraisers for the remainder of 2026, including continuing education (CE) seminars
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 30, 2026
Manhattan, NY Morrison Foerster (MoFo) is advising Sachem Capital Corp. (Sachem) on a definitive contribution agreement to combine with Industrial Realty Group (IRG). IRG will contribute 98 industrial
Lionheart Strategic Management provides $111.3 million construction loan for The Bridge

Lionheart Strategic Management provides $111.3 million construction loan for The Bridge

June 30, 2026
Mineola, NY Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers, and Schroders Capital, the private assets division of Schroders, have provided a $111.3 million floating-rate
Arrow Real Estate Advisors arranges $11.75 million land refinance for Yonkers development site

Arrow Real Estate Advisors arranges $11.75 million land refinance for Yonkers development site

June 30, 2026
Yonkers, NY Arrow Real Estate Advisors arranged an $11.75 million land refinance on behalf of AMS Acquisitions for Teutonia Hall, a fully entitled mixed-use development site located at 41–65 Buena
Phillips of Largo Real Estate Advisors arranges $24 million first mortgage for 300,000 s/f Buffalo industrial property

Phillips of Largo Real Estate Advisors arranges $24 million first mortgage for 300,000 s/f Buffalo i...

June 29, 2026
Buffalo, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $24 million non-recourse permanent first mortgage for a 300,000 s/f industrial property. The asset is fully occupied by a single