Financial Digest

Carlton hires Fear as a managing director

Thomas Fear has recently joined Carlton as managing director. With 12 years of real estate brokerage and investment banking experience, Fear...

HRC provides $6m mezzanine loan for 71-unit residential condo project

In a recent transaction, Hudson Realty Capital, LLC (HRC) has provided a $6 million mezzanine loan to aid in the completion of a residentia...

Pariser and McGovern of HFF secure $18.4m in land acquisition financing

The New York office of Holliday Fenoglio Fowler, L.P. (HFF) has secured land acquisition financing totaling $18.4 million for The Vineyards ...

Costaldo of Houlihan Parnes/iCap arranges $1.5 million perm. loan

Gus Costaldo of Houlihan-Parnes/iCap Realty Advisors, LLC has arranged a $1.5 million permanent loan for the Knoyzz Clothing Company. Knoyzz...

Katz and Treitel of Meridian secure $183.865 million for 22-building portfolio

Meridian Capital Group recently arranged $183.865 million in financing for the Kings/Queens Portfolio, a collection of 22 multifamily buildi...

Forest City Ratner closes on $640m refinancing of New York Times Bldg.

Forest City Ratner Companies recently closed on a $640 million loan with HSH Nord-bank AG to refinance the 1.5 million s/f New York Times Bu...

Rice of CBRE Capital Markets arranges $2.04m for 25,500 s/f class A industrial building

Geoffrey Rice, a senior director in CBRE's Capital Markets New York City group, has secured permanent, fixed-rate financing totaling $2.04 m...

Turley and Sullivan of Cronheim secure $15m for 238-room Holiday Inn

David Turley and Frank Sullivan of Cronheim Mortgage have arranged $15 million in financing for the Stadium Holiday Inn. The loan carries a ...

My lessons learned from "The Greatest Generation"

Much has been said over the last several years about the generation of Americans now commonly referred to as "The Greatest Generation." Most...

CPC provides $5.65 million in construction and permanent financing for 87-senior apartments development

State, county and local officials recently joined representatives from The Community Preservation Corporation (CPC) and local developer Jona...