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Botsaris of Botsaris Morris Realty reps Triangle Properties in 11,000 s/f lease to The Learning Expe...
May 15, 2018
Staten Island, NY Developer Triangle Equities’ Lighthouse Point development has completed a 11,000 s/f lease to The Learning Experience, one of the nation’s fastest-growing Academies of Early Education for children six weeks to six years old.
Guiltinan and Stein of Rockefeller lease 407,000 s/f to Latham & Watkins; Gamber and Reicher of CBRE...
May 15, 2018
Manhattan, NY According to Rockefeller Group, global law firm Latham & Watkins LLP has leased 407,000 s/f at 1271 Avenue of the Americas, the 48-story skyscraper built in the modern expansion of Rockefeller Center to the west side of Sixth Ave.
NCB originates $84 million for 17 housing co-ops
May 15, 2018
New York, NY National Cooperative Bank (NCB) has originated $84 million in new loans during April for 17 N.Y. area housing co-ops, according to Edward Howe III, managing director.
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.