Financial Digest

Carlton signs $62m hotel mezzanine application

According to Carlton chairman Howard Michaels, the firm has arranged the signing of a $62 million mezzanine finance application to be secure...

GCP Capital Group completes a total of $68.775m in mtge. financing

GCP Capital Group LLC has arranged mortgage financing in the amount of $68.775 million for the following properties: * $18 million for a fiv...

CPC completes two loans totaling $2.184m

CPC closed two loans for two buildings that offer its residents a system of drug treatments and health related services totaling $2.184 mill...

Moritz of Arker closes $24.4m in financing for 83-unit Hewitt House

The Arker Cos. has finalized financing for the 83-unit Hewitt House Apartments at 886 Westchester Ave.in the Longwood neighborhood. The $24....

Marshall of HFF places $33.5m for the 147-room Hampton Inn 35th

The New York office of Holliday Fenoglio Fowler, L.P. (HFF) arranged $33.5 million in financing for the Hampton Inn 35th St., a recently com...

Sigoura of El-Ad and Kingdom Holdings complete $260m refinancing of Plaza Hotel

El-Ad Group and Kingdom Holding, owners of the Plaza Hotel, have completed a $260 million refinancing of the hotel portion of the restored 1...

Tenant-in-Common Association (TICA) designates its new 2009 board of directors

The Tenant-In-Common Association (TICA) elected its 2009 board of directors. The new board members include one new registered representative...

MBA of NY names three new officers

The Mortgage Bankers Association of New York, Inc. (MBA of New York) designated three new officers, a president, VP and treasurer, for a two...

York of Arbor closes $2.136 million Fannie Mae DUS loan in Ithaca

Arbor Commercial Funding, LLC funded a $2.136 million loan under the Fannie Mae DUS Small Loans product line to acquire the 36-unit complex ...

Graf and Sannella of Houlihan Parnes/iCap arrange $4.6m mortgage

Ed Graf and Ted Sannella of Houlihan-Parnes/iCap Realty Advisors, LLC have placed a $4.6 million first mortgage for the purchase of a 51,628...