New York, NY
The Community Preservation Corp. (CPC) has over $700 million in capital available to lend and invest in affordable and workforce housing in N.Y. and the northeast U.S., as it continues to raiseManhattan, NY
AKS Capital Partners has arranged a $749 million refinancing from Brookfield for Milstein Properties to support the redevelopment of 335 Madison Ave. The debt will be used to enhance theManhattan, NY
JLL Capital Markets has arranged a $350 million loan to finance the leasehold position of 1407 Broadway, a 43-story, 1.1 million s/f office building. The group worked on behalf of Shorenstein Properties LLCQueens, NY
Berkadia has secured $120.78 million in financing for 711 Seagirt, a 917-unit high rise multifamily property in Far Rockaway. Director Michael Shmuely of Berkadia’s New York office securedNew York, NY
Time Equities Inc. (TEI) has promoted Craig Mitnick to the position of senior vice president of finance.
Innovo Property Group (IPG), a real estate investment and operating company founded by Andrew Chung and backed by Nan Fung Group, has closed a $438 million recapitalization ofNew York, NY
Sagamore Hill Partners LLC, a real estate investment firm born out of a strategic partnership with the leading independent retail leasing and management company in the region, has launched. Led by partner and CIO Alex Janoff...Manhattan, NY
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...