PNC ARCS closes $2.1 million loan in N.Y.

PNC ARCS, a PNC Real Estate Finance company completed a $2.1 million loan for the Central Park South Apartments, a 37-unit property. Built in 1961, Central Park South Apartments is a 21-story building with 37 owner occupied units and a commercial unit on the ground floor. The loan was for a 10-year term/interest-only at a fixed-rate of 5.82%. The loan was originated by PNC ARCS' Princeton office through Fannie Mae.

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Merchants Capital secures $15.5 million for affordable housing development in Charlotte, N.C.

Charlotte, NC Merchants Capital closed $15.5 million in financing for the construction of Ryans Way, a 60-unit low-income housing tax credit (LIHTC) development developed by Scantland,

BEB Credit surpasses $500 million in loan originations across more than 100 transactions

BEB Credit surpasses $500m in loan originations across more than 100 transactions

Ridge Street Capital funds $2.1175 million DSCR loan for four-units

Ridge Street Capital funds $2.1175m DSCR loan for 4-units

Real estate spend intelligence platform MARC raises $5 million to accelerate North American expansion

Real estate spend intelligence platform MARC raises $5m to accelerate North American expansion

Ariel Property Advisors’ arranges financing for eight loans for $25.8 million

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