Pisanelli of U.S. Realty Capital secures $1.75 million land loan

The Atlantic Northeast office of U.S. Realty Capital recently successfully brokered a $1.75 million land loan. The loan was secured by 10.4 acres of land on Rte. 300. The national commercial real estate financing firm coordinated the funding on behalf of a long-time client who will develop the land into a retail shopping center within the next two years. The loan was placed with a regional bank at a floating rate of LIBOR +3.50%, 60% loan-to-value and a 24-month term. Rob Pisanelli of U.S. Realty Capital structured the deal on behalf of the borrower. U.S. Realty Capital is a national mortgage banking company with nine offices across the country. Providing creative capital solutions for commercial real estate owners and developers throughout the U.S. In 2008 U.S. Realty Capital originated $1 billion of debt and equity for their clients. Through their collective knowledge and industry experience, U.S. Realty Capital provides comprehensive project analysis and competitive solutions for the unique needs of each client and project.

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Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site

Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.

BKM Capital Partners and Kayne Anderson Real Estate acquire a $1.8 billion portfolio of light industrial assets

BKM and Kayne Anderson acquire a $1.8b portfolio of light industrial assets

The Durst Organization inks 12,456 s/f lease

Marcus & Millichap arranges sale of skilled nursing facility in Hoosick Falls

M&M arranges sale of skilled nursing facility in Hoosick Falls

Pangram Labs signs 6,000 s/f lease at 25 Flatbush Ave.

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BFC Partners inks 13,758 s/f lease at RFR’s 17 State St.

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