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Ray, Hirt, Buchwald and Matheny of Mission Capital structure $23 million joint venture equity invest...
May 15, 2018
Brooklyn, NY According to Largo and Mission Capital Advisors, Mission Capital’s Debt and Equity Finance Group has structured a joint venture between Largo and First Atlantic Real Estate for the $25 million acquisition of 215 North 10th St., an 18,000 s/f corner development site in the North Williamsburg section.
GCP Capital Group arranges six mortgages totaling $52.976 million
May 15, 2018
New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $52.976 million for the following six deals:
O’Brien joins Arbor as senior vice president, agency production
May 15, 2018
New York, NY Arbor Realty Trust, Inc. has appointed Bill O’Brien as senior vice president, agency production.
McCormick and Dzbanek of Ariel Property Advisors negotiate $6.5 million loan for four Brooklyn prope...
May 15, 2018
Brooklyn, NY Ariel Property Advisors’ Capital Services Division has arranged a $6.5 million loan for four properties located in Bedford-Stuyvesant. The division arranged a five-year, 75% loan-to-value (LTV) cash-out refinance loan at a fixed rate of 4%. This allowed the borrower to pay off four existing loans and get additional capital for future investments. Led by Ariel’s Paul McCormick, senior vice president of investment sales and capital services, and Matt Dzbanek, director of capital services, the non-recourse mortgage’s favorable terms were negotiated to meet the needs of the client and their fund.
Relationships between brokers and lawyers - by Thomas Kearns
May 15, 2018
Brokers and lawyers need to work together for the benefit of their mutual client in any lease or property sale, but differences in their respective job descriptions, not to mention their method of their compensation, can sometimes result in…