Financial Digest

CSV acquires $214m mezz. loan on Extended Stay Hotels portfolio

According to Carlton Group chairman Howard Michaels, Carlton Strategic Ventures (CSV) has acquired a $214 million participation in the M7 me...

GCP Capital Group completes a total of $92.33m in mtge. financing

GCP Capital Group LLC has arranged mortgage financing in the amount of $92.33 million for the following properties: * $21 million for a 312-...

HRECC closes $130 million loan for 17-story, class A 681 Fifth Ave

Hypo Real Estate Capital Corp. (HRECC), a member of Hypo Real Estate Group, closed a $130 million loan for 681 Fifth Ave. 681 Fifth Ave. i...

Monte of RHG arranges $3.2m perm. financing

Daniel Monte, president of The Rose Hill Group of WNY LTD (RHG), has arranged $3.2 million in permanent financing for DealMaker Honda, a new...

GCP Capital Group completes a total of $106.1m in mtge. financing

GCP Capital Group LLC has arranged mortgage financing in the amount of $106.1 million for the following properties: * A $32.5 million land l...

CSV Capital launches $500m loan acquisition and mezzanine fund

According to The Carlton Group's chairman Howard Michaels, Carlton Strategic Ventures, LLC (CSV), the principal transaction group of Carlto...

Lieberman and Grossman of Meridian Capital negotiate $10m

Meridian Capital Group has arranged $10 million in financing for 58 and 60-62 East 11th St. The 48,000 s/f property consists of two adjacent...

NCB arranges $35m in financing for 27 props.

According to Edward Howe III, managing director of the NCB, the bank originated $35 million in financing for 27 area properties. The financ...

There are numerous incentives to reduce the overall costs of becoming green

There has been an explosion of discussions and articles written about the benefits of building "green buildings" or making improvements to e...

How to create and manage retirement income: The different types of income producing investments

If you are at the stage of your life where you will stop working or you have a desire to work less you will need to develop a plan to create...