Michael Alvandi’s City Urban Realty and Stellar Management have completed a refinance of 243 Canal St. Signature Bank provided a $21 million loan which included a $2.5 million gap mortgage. GCP Capital Group’s Alan Perlmutter negotiated the financing.
New York, NY GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $26.95 million for the following six properties:
• $8.2 million combined financing for a portfolio of seven multifamily apartment....Brooklyn, NY
Mission Capital Advisors’ debt and equity finance group has arranged $15.2 million of first-mortgage financing for The Box Factory, redeveloped into creative office and flex space. Located on the Brooklyn/Queens border in BushwickManhattan, NY
Holliday Fenoglio Fowler, L.P. (HFF) has expanded its debt and equity placement team with the addition of Jillian Mariutti as a director within its New York office. Mariutti has 12 years of commercial real estate experience and joins HFF from Mission Capital Advisors...
Global commercial real estate advisory firm Newmark Knight Frank has arranged a $52 million floating-rate loan for the refinancing of 263 West 34th
St. A Newmark Knight Frank team of vice chairmen and co-heads of debt...New York, NY
HKS Real Estate Advisors, a financial advisory and investment sales firm, has arranged the following four transactions in the residential and commercial real estate market totaling $17.95 million: A $8.15 million construction loan for the ground-up development ofQueens, NY
Meridian Capital Group arranged $15.7 million in construction financing for a mixed-use property in the Jamaica neighborhood. The 24-month construction loan, provided by a balance sheet lender, features a prime-based floating rate and full-term interest-only payments.New York, NY
Greystone has appointed Alex Papathomas as chief technologist for its Greystone Labs division to oversee the continued development and rollout of proprietary software serving Greystone’s commercial real estate clients.
Madison Realty Capital (MRC) has provided a $50 million first mortgage loan collateralized by a development project across 58 and 66 Gerry St. and coupled with an existing office building and additional development site at 25 and 33 Bartlett St. in the Broadway Triangle neighborhood.Manhattan, NY
JLL Capital Markets experts have arranged a $75 million loan on behalf of the Moinian Group to refinance 450-460 Park Ave. South. The group worked on behalf of Moinian Group to place the 10-year commercial mortgage backed securities refinancing loan with Wells Fargo.