Krolman, LaBine and Fowler of HFF secure $960m loan for borrower
The Boston and New York offices of Holliday Fenoglio Fowler, L.P. (HFF) arranged a $960 million loan for a portfolio of 34 single-tenant office, R&D and industrial properties in 12 states on behalf of iStar Financial Inc.
HFF directors Janet Krolman and Greg LaBine and executive managing director John Fowler worked on behalf of the borrower to secure the adjustable-rate, interest only, cross-collateralized and cross-defaulted loan with GE Real Estate.
Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.