Financial Digest

HRC purchases $9.33 million B-note in construction loan for condos in West Chelsea

Hudson Realty Capital LLC (HRC) has purchased a $9.33 million B-note financing in a construction loan to fund the acquisition of a 6,306 s/f...

Prudential Huntoon Paige closes $1 million Market-to-Market loan

According to Prudential Mortgage Capital Co., the company has closed $1 million in financing for Touraine Apartments on behalf of the U.S. D...

Mack-Cali increases credit facility by $175m

According to Mack-Cali Realty Corp., its operating partnership, Mack-Cali Realty, L.P., has increased its unsecured revolving credit facilit...

Glick joins Paradigm Capital as the head of mortgage originations

Adam Glick, formerly of Mercury Capital, has recently joined Paradigm Capital Group as the head of mortgage originations. Glick will be base...

Phillips of Largo completes $33.1 million first mtge. for the 52-acre Northpointe Commerce Park

Jack Phillips, principal for Largo Real Estate Advisors, Inc. arranged $33.1 million in first mortgage financing for Northpointe Commerce Pa...

Houlihan Parnes/iCap arranges $11.92 million

According to Ed Graf and Ted Sannella of Houlihan-Parnes/iCap Realty Advisors, the firm has placed an $11.92 million first mortgage for the ...

Brostovski, Classi, Greenbaum, the Hakims and Perlmutter of GCP complete $322 million

GCP Capital Group LLC has recently arranged mortgage financing in the aggregate amount of $322 million for the following nine properties: * ...

Tepedino and Wittmann of HFF arrange $500 million in financing for Financial Sq.

The New York and Boston offices of Holliday Fenoglio Fowler, L.P. (HFF) arranged $500 million in financing for Financial Sq., also known as ...

NorthMarq Capital arranges a total of $130m in mortgage financing

NorthMarq Capital has completed a total of $130 million in financing for developers on a variety of properties. The following highlights sev...

Bruck of Time Equites arranges a total of $134.85 million in New York mortgage placements

Stuart Bruck of Time Equities, Inc. has completed the following mortgage placements totaling $134.85 million: * A $69.1 million pre-developm...