Financial Digest

Sleepy Hollow Holdings pays off $8.75m bridge loan from Procida Funding, obtains conventional funding for 70-unit portfolio

Sleepy Hollow, NY Procida Funding provided an $8.75 million loan to Sleepy Hollow Holdings, LLC in February 2019 for the acquisition of and capital expenditures on a 70-unit mixed-use multifamily portfolio.

Retail investors seek real estate investments online - by Janine Yorio

In 2012, the JOBS Act created an exemption under the federal securities laws that lowered the barriers to invest in private companies, enabling the so-called “crowdfunding” industry to facilitate the sale of

Meridian Capital Group secures $5.5 million financing

Baltimore, MD Meridian Capital Group arranged $5.5 million in financing to refinance Printers Sq., a multifamily community, on behalf of Matt Teichman, founder of BCI Management LLC.

Real estate finance siblings launch BIPS Podcast

New York, NY Siblings Kimberly Zar Bloorian and Yaakov Zar have recently launched a new podcast titled BIPS, where prominent real estate lenders are interviewed to provide a peek into the lender landscape.

GCP Capital Group arranges eight deals totaling $82.15 million

New York, NY GCP Capital Group LLC has arranged mortgage financing for the following properties:

Uber Capital Grp. sources $11 million acquisition financing for Fountain Place shopping center

Logan, WV Uber Capital Group (UCG) has sourced an $11 million acquisition financing loan for the Fountain Place shopping center located at 89 Norman Morgan Blvd. The client was a private real estate investor

Mavashev and Onishchenko of Alpha Realty handle $18.5m bridge loan

Newark NJ According to Alpha Realty, its newly formed Private Capital Group has handled $18.5 million for an eight-building multifamily portfolio.

Black Bear Capital Partners arranges two loans totaling $69.4 million: Permanent financing secured for Finkelstein Timberger East R.E. and The Morgan Group

Bronx, NY According to Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset Management, it has arranged $53.9 million in permanent financing on

C&W advises 34-22 Astoria Partners for $26.5m refinance

Queens, NY Cushman & Wakefield (C&W) served as the exclusive adviser to 34-22 Astoria Partners LLC, led by Theodore Kakoyiannis of Valyrian Capital, in the procurement of $26.5 million for the

ABS Altman Warwick closes $13.5 million loan

Manhattan, NY ABS Altman Warwick, a locally-based capital market advisory firm and division of ABS Partners Real Estate, has closed a $13.5 million loan for an office building located at 425-427 Madison Ave. in