Global commercial real estate advisory firm Newmark Knight Frank (NKF) has arranged a $110 million floating-rate loan for the refinancing of 287 Park Ave. South on behalf of CheerLand Investment Group.Brooklyn, NY
Madison Realty Capital (MRC) provided a $76 million financing package, that included both an MRC senior loan and additional mezzanine financing from Bluestone Group, to fund the acquisition of a 12-story...Manhattan, NY
According to Jonathan Aghravi of JBA Equities, his team has secured a $56 million construction loan for 541-545 West 21st
St., an eight-story vacant warehouse that will be converted into office...Queens, NY
Greystone has closed a $37.05 million permanent loan made to an affiliate of the Shirian Family’s Lions Group to refinance 14-01 Broadway, a new 82-unit 100% market-rate multifamily rental....
New York, NY
GCP Capital Group LLC has arranged mortgage financing totaling $43.675 million for the following four New York City mortgage deals: A $24.65 million for a six-story multifamily apartment building containing ....New York, NY
According to Chase, Rachel Grossman joined the community development banking (CDB) group within commercial banking, as head of affordable housing secondary markets. Grossman is based in New York City...New York, NY
Espresso Capital has provided Vidrio Financial, a financial technology platform for allocators to external managers, with a $5 million revolving debt facility. The company plans to use the capital to build its sales and marketing...Brooklyn, NY
Amerant provided a $49 million first mortgage loan to finance Kingswood Center II, a five-story, 109,623 s/f, mixed-use property located at 1715 East 13th
St. Amerant acted as the administrative agent...
New York, NY
Sabal Capital Partners, LLC, a financial services firm specializing in commercial real estate, lending and investing, has added a group of strategic new hires. As a part of this new wave of hires three executives have joined...Brooklyn, NY
Eastern Union has filed the highest number of mortgage submissions of any previous August in the firm's 18-year history. The company, which has closed $12 billion in real estate transactions over the past three years, submitted 502 mortgage...