Financial Digest

Q&A with Kondracki of Wawona Worldwide Capital: National commercial mortgage conditions

Q. What kind of commercial mortgages are getting done today, given the credit crises? A. Well, that is a good question. We receive ten or m...

The state of the commercial real estate market: Observing recent trends and analyzing surveys

In the current real estate market, commercial banks are the one source of debt capital continuing to originate commercial real estate loans....

HRC provides $11.067 million first mortgage to Chelsea Art Museum

Hudson Realty Capital LLC (HRC) has provided an $11.067 first mortgage to the Chelsea Art Museum. The funding was used to retire existing de...

Murphy joins Coventry as a managing partner

Devin Murphy has joined Coventry Real Estate Advisors, LLC as a managing partner. Murphy is responsible for the development and execution...

CPC arranges a total of $39.813m in financing

The Community Pre-servation Corp. (CPC) has financed $39.813 million for the following: * A $17.57 million loan to build two five-story bui...

SONYMA offering 2% mortgages for Habitat for Humanity-built homes

The State of New York Mortgage Agency (SONYMA) is launching an innovative $5 million, 2% fixed-rate mortgage program in support of the Habit...

Ghazarian of iCap Realty negotiates $12.5 million first mortgage loan

iCap Realty Advisors of NY has arranged a $12.5 million permanent first mortgage loan secured by a six-story commercial loft building locate...

NCB arranges $28m for 11 N.Y. area properties

NCB has originated $28 million in financing for 11 area properties. The deals include $16.8 million in mortgages and $11.8 million in lines ...

Zurlini of Palisades Financial appointed to the board of MBA-NY

Mark Zurlini, president and principal of Palisades Financial, has been appointed to the board of governors of the Mortgage Bankers Associati...

York of Arbor originates $15m loan for acquisition of 27-unit complex

Arbor Commercial Funding, LLC, a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, funded a $15 million loan under the Arbor 85 pro...