Financial Digest

Pollack and Neuman of Meridian Capital Group negotiate $23.5 million refinance of Box House Hotel

Brooklyn, NY Meridian Capital Group has arranged $23.5 million in financing for the refinance of The Box House Hotel.

Singer, Moroch and Bastone of Singer & Bassuk finance $8 million

Brooklyn, NY The Singer & Bassuk Organization LLC (SBO), a finance intermediary, has arranged an $8 million long-term fixed-rate loan for Kalmon Dolgin Affiliates – a Williamsburg-based commercial and industrial owner, developer, and real estate services provider – to refinance 33 Nassau Ave.

Peloquin of KeyBank Real Estate originates $30 million mortgage

Queens, NY KeyBank Real Estate Capital has originated $30 million in Freddie Mac, first mortgage financing for The Lanes, located in Long Island City. The seven-story, 57-unit, class A apartment complex was built in mid-2017 and totals 83,000 s/f with 11,000 s/fof ground floor retail space and 43 underground parking spaces.

Domenico and Anderson of Progress Captial negotiate $86.25 million construction loan

Manhattan, NY Brad Domenico and Kathy Anderson of Progress Capital negotiated an $86.25 million construction loan for YYY 62nd Street LLC, a...

Zegen of Madison Realty Capital originates $91 million mortgage for The Fitzroy

Manhattan, NY Madison Realty Capital (MRC) originated a $91 million first mortgage loan collateralized by The Fitzroy building, a 10-story c...

Peck, Rotchford and Findlay of HFF arrange two loans totaling $38 million

Brooklyn, NY The HFF team worked on behalf of the borrower, The Domain Companies, two loans totaling $38 million, the first of which was a $...

GCP Capital Group arranges 11 mortgages totaling $105.7 million

New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $105.7 million for the following 11 properties: • $32.25...

JLL Capital Markets secures $41.6 million loan

Bronx, NY JLL Capital Markets has secured $41.6 million in financing for the acquisition and renovation of 12 rent-stabilized multifamily pr...

Stolly and Roeschlaub of NKF Capital secure $81 million loan for Keystone and Drake Street

Queens, NY NKF Capital Markets has secured, as exclusive advisors to Normandy Real Estate Partners, an $81 million loan in partnership with ...

Peloquin and Gilmore of KeyBank arrange $5.2 million in financing

Manhattan, NY KeyBank Community Development Lending & Investment (CDLI) has provided $5.2 million in acquisition financing for Grand Cro...