Financial Digest

NCB originates total of $15.9 million in February

NCB, a leading provider of financing to New York housing cooperatives, originated nearly $16 million in financing during February for ten Ne...

Paragon Prime Funding arranges $7.765 million in permanent financing

Paragon Prime Funding recently arranged $7.765 million in permanent financing for the newly constructed First Niagara headquarters located i...

Utilizing independent release-tracking as an integral part of the real estate closing process

One of the few bright-spots in today's tenuous residential real estate market is the emergence of independent release-tracking (RT) as an in...

Not your fathers' Fannie and Freddie: Agencies now offer streamlined multifamily finance solutions

As economic turmoil persists, many New York apartment building owners are facing challenges: reduced demand, increased supply, and a difficu...

NIR Credit Partners expands portfolio valuation services

NIR Credit Partners LLC., a leading alternative asset manager and advisor in structured finance, and division of NIR Group, recently unveile...

James of NorthMarq Capital secures $1.406 million through Sun Life Assurance

Michael James, VP of NorthMarq Capital's Upstate Regional office, arranged first mortgage financing in the amount of $1.406 million for a Wa...

Weinstock of Meridian negotiates first mortgage loan: $32 million

Meridian Capital Group has recently arranged a first mortgage loan in the amount of $32 million for the refinance of 222 West 83rd St. on th...

Hirsch of Meridian Capital Group arranges $55.1 million first mortgage

On behalf of AvalonBay Communities, Meridian Capital Group has arranged a first mortgage loan in the amount of $55.1 million for the refinan...

Edery of Paradigm Funding Group secures ten loans totaling $39.09 million

According to Paradigm Funding Group LLC, Michael Edery, founder and managing member of Paradigm Funding has closed the following ten loans, ...

Sthenia Solutions offers LoanMarq software, streamlines loan process

Sthenia Solutions has seen rapid and widespread interest and adoption of its LoanMarq software, unveiled in December. A Web 2.0 framework fo...