News: Finance

Cohen of Leviathan Capital arranges $1.89 million permanent loan

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.

Loan proceeds were used to refinance a maturing loan. The terms featured a 6.375% rate and no prepayment penalty.

MORE FROM Finance

The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

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.
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